
Van Nuys, California 91406
This Turnkey Income-Producing Residence is listed at $799,000, positioned with stability near its $783,498 Fair Market Value. Boasting an Extensive Remodel Condition, the home features a modern kitchen with Quartz Countertops, commanding a strong $4,000 Monthly Rental Value. Beyond the polished interior, the property offers unique Development Potential via the possible acquisition of the adjacent parcel. Located near Lake Balboa Park and the 405 freeway within the Los Angeles Unified School District, this asset provides immediate cash flow and long-term versatility. It is an ideal match for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready sanctuary with upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7402 Haskell Subject | $799,000* List Price | 0 | 0 | 1,205 | $648 | - |
A 6859 Langdon Avenue Sold | $925,000 | 3 | 2 | 1,578 | $586 | 0.7 mi |
B 15409 Wyandotte Street Sold | $1,035,000 | 3 | 2 | 1,631 | $635 | 0.4 mi |
C 15358 Gault Street Active | $849,900 List Price | 3 | 2 | 1,507 | $564 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been completely and extensively remodeled with modern finishes, including a new kitchen with quartz countertops and stainless steel appliances, updated bathrooms with contemporary tiling, and new flooring throughout. It is in turnkey condition with no visible deferred maintenance, meeting current quality standards.
The property presents a unique opportunity for investors to acquire an adjacent parcel, enabling a larger-scale development or a multi-unit income-producing project in a high-demand area.
Completely remodeled and ready for immediate occupancy, the home commands a strong rental value of $4,000 per month, offering immediate cash flow for investors.
Ideally situated near the 405 freeway and Lake Balboa Park, the property offers excellent accessibility and proximity to major shopping and dining destinations.
At 4,919 square feet, the lot size is relatively modest for significant independent development without the acquisition of the neighboring parcel.
The property has undergone substantial price reductions from its original $989,000 list price, which may suggest initial overvaluation or extended time on the market.
Developer’s or Investor’s Dream in the Heart of Van Nuys! Each property is being sold separately but must be purchased together at 799K EACH, presenting a rare chance to combine two neighboring lots for a larger development or income-producing project An exceptional opportunity featuring two houses on adjacent parcels — ideal for developers, builders, and investors alike. 7406 Haskell Avenue is currently leased for $2,500/month, while 7402 Haskell Avenue has been completely remodeled and is offered at $4,000/month. Located in a high-demand Van Nuys neighborhood, this property offers unbeatable convenience, with proximity to the 405 freeway, Lake Balboa Park, and major shopping and dining destinations. Whether you’re planning to develop, expand, or hold as a long-term investment, the potential here is unmatched. Buyer to verify and satisfy all dimensions, legal zoning, building, and development requirements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 1% |
| Baths | 0.0 | 2.0 | 1% |
| Square foot | 1,205 | 1,469 | 26% |
| Lot Size | 4,919 | 6,556 | 1% |
| Price | $799.0K | $882.0K | 26% |
| Price per sq ft | $663 | $608 | 66% |
| Built year | 1952 | 1950 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 161 | 160 | 53% |
Feb 7, 2026
$799,000
$895,000
-11% Price Drop
Initial Listing
Jan 6, 2026
$895,000
$989,000
-10% Price Drop
Initial Listing
Nov 12, 2025
$989,000
Initial Listing
Feb 28, 2018
$304,000
Public Record
Aug 18, 1995
$12,000
Public Record