7512 Woodley Avenue, Van Nuys, California 91406, Van Nuys, 91406 - 4 bed, 2 bath

7512 Woodley Avenue, Van Nuys, California 91406 home-pic-0
ACTIVE$999,000
7512 Woodley Avenue, Van Nuys, California 91406
4Beds
2Baths
1,604Sqft
6,602Lot
Year Built
1948
Close
-
List price
$999K
Original List price
$1.05M
Price/Sqft
$623
HOA
-
Days on market
-
Sold On
-
MLS number
SB24248297
Home ConditionGood
Features
Patio
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $999.0K(50th), sqft - 1604(33th), beds - 4(67th), baths - 2(50th).

Rare Duplex Opportunity in Van Nuys! This charming duplex is situated on a spacious 6,600 sqft lot, offering endless possibilities and just waiting for a dash of your personal touch. Featuring a total of 1,600 sqft of living space, the property is divided into two updated 2-bedroom, 1-bathroom units. Perfect for investors looking for rental income, those seeking multigenerational living or you can live in one rent the other for added income. Step into the first unit, where new wood-like floors and an abundance of natural light create an inviting atmosphere. The open, functional layout is highlighted by a spacious kitchen island, perfect for entertaining or enjoying casual meals. Down the hall, two bright and airy bedrooms offer peaceful retreats. Sliding doors in one bedroom lead to a private patio—a serene space to sip your morning coffee or relax under the evening sky. The remodeled bathroom features modern upgrades, perfectly blending style and functionality to enhance everyday living. The second unit features new wood-like floors throughout, a bright and inviting living room, and a cozy dining area. Two sunlit bedrooms, a beautifully remodeled bathroom, and a dedicated laundry area add to the convenience of this home. Outside, the fully fenced lot is a blank canvas ready for your imagination. Create lush gardens, a play area, or a serene retreat—the choice is yours. Recent updates make this property truly shine, including a brand-new roof, new modern windows and sliding door, fresh exterior paint, and a sleek new concrete slab walkway. Enjoy the convenience of a 2-car garage with alley access, ample parking in the driveway, in-unit laundry, and a neighborhood near it all. Situated in the heart of the San Fernando Valley, this duplex is just minutes from Lake Balboa Park, offering scenic trails, picnic areas, and paddle boating. With the 405 and 101 Freeways just moments away, you'll have quick access to all that Los Angeles has to offer. Don’t miss this incredible opportunity to own a rare and updated duplex in Van Nuys.

Condition Rating
Good

The property, built in 1948, has been updated with new wood-like floors, remodeled bathrooms, new roof, modern windows, fresh exterior paint, and a new concrete walkway. The kitchens appear functional with updated features, but not fully renovated to modern standards. While the updates are significant, the age of the property and the absence of a complete overhaul of the kitchens and bathrooms prevent it from being rated 'Excellent'. The description and images suggest it's move-in ready with no immediate major renovations required.
Pros & Cons

Pros

Income Potential: Duplex property offers immediate rental income potential, ideal for investors or owner-occupants seeking to offset mortgage costs.
Recent Updates: The property features a new roof, modern windows and sliding door, fresh exterior paint, and a new concrete walkway, reducing immediate maintenance concerns.
Prime Location: Located in the heart of the San Fernando Valley, near Lake Balboa Park and with easy access to the 405 and 101 Freeways, providing convenient access to amenities and transportation.

Cons

Year Built: Built in 1948, the property may require ongoing maintenance and potential upgrades to meet modern standards.
Lot Size: While the lot is spacious, the 6,600 sqft size might be smaller compared to other properties in the area, potentially limiting expansion possibilities.

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