
Los Angeles, California 91406
This Versatile Multi-Unit Property is a Strong Value Opportunity, listed at $1,185,000—positioned well below the $1,194,884 Fair Market Value by 0.83%. This valuation gap offers $9,884 in Instant Equity. Featuring a 6-bedroom, 4-bathroom layout with a permitted detached ADU and sparkling pool, the property maintains a Condition Rating of 3. It offers significant income-producing potential through rental flexibility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility asset in Van Nuys.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6846 Jellico Avenue Subject 6 bd · 4 ba · 2,565 sqft · $466 | $1,185,000* List Price | 6 | 4 | 2,565 | $466 | - |
A 6820 Texhoma Avenue Sold 4 bd · 3 ba · 2,281 sqft · $509 · 0.1 mi | $1,160,000 | 4 | 3 | 2,281 | $509 | 0.1 mi |
B 6834 Shoshone Sold 4 bd · 3 ba · 2,176 sqft · $506 · 0.1 mi | $1,100,000 | 4 | 3 | 2,176 | $506 | 0.1 mi |
C 7312 Caldus Avenue Sold 5 bd · 4 ba · 1,867 sqft · $522 · 0.6 mi | $975,000 | 5 | 4 | 1,867 | $522 | 0.6 mi |
D 7032 Encino Active 4 bd · 2 ba · 1,928 sqft · $570 · 0.3 mi | $1,099,000 List Price | 4 | 2 | 1,928 | $570 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the main house was built in 1949 and features some dated aesthetic choices in the kitchen and baths (15-20 year old style), the property is well-maintained and move-in ready. The detached ADU is in excellent condition with modern shaker cabinets, quartz counters, and updated HVAC mini-splits. Overall, the systems appear functional with recessed lighting and updated flooring throughout both units.
Elementary School: Kester Avenue Elementary School (9/10).
The property features a detached, permitted 2-bedroom ADU plus potential for a Junior ADU conversion, offering significant rental income opportunities or multi-generational living flexibility.
Situated on a generous 8,063 sqft lot, the backyard serves as a private retreat with a sparkling pool, mature fruit trees, and ample space for outdoor entertaining.
The local assigned schools, specifically the middle school with a rating of 2, may be a deterrent for families prioritizing high-performing educational districts.
Built in 1949, the property may require updates to its original systems or infrastructure to meet modern energy efficiency and aesthetic standards.
Welcome to 6846 Jellico Avenue, a spacious and versatile property in a desirable area of Van Nuys offering exceptional living space and income potential. The main home features 4 bedrooms and 3 bathrooms, abundant natural light, a generous living area, and a large kitchen perfect for everyday living and entertaining on an 8,063 sqft lot The detached, permitted, 2-bedroom,1-bath ADU with its own address offers excellent flexibility for extended family, guests, or rental income. The expansive backyard features a sparkling pool, plenty of remaining yard space, and an abundance of mature fruit trees, creating a private and inviting outdoor setting. With the potential to convert one of the main home's bedrooms into a junior ADU, this property offers even more possibilities for maximizing space and income. A rare opportunity combining a large home, detached ADU, pool, spacious yard, and multiple income-producing possibilities in a desirable Van Nuys location.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,565 | 1,670.836 |
| Lot Size | 8,063 | 6,152.156 |
| Price | $1.19M | $1.34M |
| Price per sq ft | $462 | $807 |
| Built year | 1949 | 1941 |
| HOA | $0 | $238 |
| Days on market | 69 | 56 |
Sep 1, 2026
$1,185,000
Initial Listing
May 2, 2008
$500,000
Public Record
Sep 30, 2005
$690,000
Public Record