
Van Nuys, California 91405
This Single Family Residence represents a Strong Value Opportunity, listed at $895,895—positioned well below the $983,853 Fair Market Value by 8%. This valuation gap offers $87,958 in Instant Equity. Featuring a private pool, open beam ceilings, and a converted music room/office, the home maintains a Condition Rating of 4, offering significant potential for modernization. Located near Van Nuys Senior High, this property is an ideal acquisition for Owner-Occupants seeking value-add potential or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6928 Tobias Avenue Subject | $895,895* List Price | 3 | 2 | 2,435 | $404 | - |
A 6932 Tobias Sold | $842,500 | 3 | 2 | 1,805 | $467 | 0.0 mi |
B 14552 Runnymede Street Sold | $940,000 | 3 | 2 | 2,044 | $460 | 0.6 mi |
C 14817 Saticoy Street Sold | $751,000 | 4 | 2 | 1,571 | $478 | 0.9 mi |
D 14703 Archwood Pending | $700,000 List Price | 3 | 2 | 1,557 | $450 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956 and held by the same owner for 35 years, the property is a well-maintained 'time capsule.' While functional with features like a pool and solar, the interior is dated with mid-century wood paneling and older finishes, indicating the kitchen and baths likely exceed the 20-30 year renovation threshold and require modernization.
Elementary School: Kester Avenue Elementary School (9/10).
The home features unique mid-century charm with open beam wooden ceilings, peg and groove hardwood floors, and a classic brick fireplace, offering a distinct aesthetic compared to standard area homes.
At 2,435 square feet, the property includes a converted garage utilized as a music room and office with a separate entry, providing excellent flexibility for remote work or creative pursuits.
The requirement for the buyer to assume an existing solar lease may complicate the financing process and adds a mandatory monthly obligation for the new owner.
Because the double attached garage has been converted into living space, the property lacks secure, enclosed vehicle storage, relying instead on a two-car carport.
Hold onto your hat! Pool time fun! First time on the market in nearly 35 years… This adorable, remarkable, 3 bedrooms plus living room with decorative used brick faced fireplace, open beam wooden ceilings, open dining area, 1 and a 3/4 bath, plus hardwood floors, some are peg & grove. Large kitchen with breakfast nook, tile floors, extra counter space and an open service porch area. Double attached garage was converted into a music room and office with separate 2 door entry. 2 car carports. A true gem of a house you would be proud of to call home. SOLAR lease buyer will need to assume.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.1 |
| Square foot | 2,435 | 1,570.106 |
| Lot Size | 6,754 | 6,738.636 |
| Price | $895.9K | $941.1K |
| Price per sq ft | $368 | $602 |
| Built year | 1956 | 1952 |
| HOA | $0 | $52 |
| Days on market | 19 | 55 |
Aug 21, 2026
$895,895
Initial Listing