This inviting 2-bedroom, 1-bathroom home in Lake Balboa offers exceptional potential for growth and development. Situated on a spacious lot, the property comes with, approved city plans for additional 1,639 sqft. Addition to the main residence 1bed 1bath so it will be 3bed/2bath, as well as the addition of both an ADU and Junior ADU all in total of 2,487 sqft. These plans provide a tremendous opportunity for additional living space, rental income, or extended family living. With ample room to expand and a prime location, this property offers a solid foundation for creating a custom home while capitalizing on its future potential. Perfect for investors, first-time buyers, or those seeking a strategic investment in Van Nuys. Close to Lake Balboa/Anthony Beilenson Park. Very motivated seller, don’t miss this rare opportunity! Please check the plans under supplements.
| MLS # | GD26149817 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 61 |
| Listing Provided By | Remax Optima | Naira Valian |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 848 |
| Garage | 2 |
| Story(s) | 1 |
| Units | 1 |
| Zoning | LAR1 |
| Acreage | 0.17 |
| Property View | None |
| Cooling | Central Air, Gas |
|---|---|
| Heating | Central, Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Separate Formal Dining Room, Eat In Kitchen, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, All Bedrooms Down, Bedroom On Main Level |
| Appliances | Dishwasher, Free Standing Range, Disposal, Gas Range, Refrigerator, Dryer, Washer |
| Fireplace Yes / No | No |
| Roof | Shingle |
|---|---|
| Lot Features | Zero To One Unit Acre |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, On Site, Off Street |
| Garage Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Community Features | Street Lights |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91406 |
| Area | VN Van Nuys |
| Listing VS Median (in 91406) | |
Price: $797,500 low | high Med: $2,550,000 sqft: 848 low | high Med: 8,830 $ / sqft: $940 low | high Med: $289 On site: 61 low | high Med: 88 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91406 |
| Area | VN Van Nuys |
| Listing VS Median (in 91406) | |
Price: $797,500 low | high Med: $2,550,000 sqft: 848 low | high Med: 8,830 $ / sqft: $940 low | high Med: $289 On site: 61 low | high Med: 88 | |