The median home value in Van Nuys, CA is $283,000.
the county median home value of $271,800.
The national median home value is $152,300.
The average price of homes sold in Van Nuys, CA is $283,000.
Approximately 38.3% of Van Nuys homes are owned,
compared to 56.14% rented, while
5.56% are vacant.
Van Nuys real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Van Nuys real estate agent to arrange a tour today! Learn more about Van Nuys Real Estate.
Recent Major Capital Improvements Include:New RoofNew Copper PlumbingNew Solar System Installed on the Roof which will Reduce Utility CostsNew Elevator System InstalledRe-Plastered Pool & New Pool DeckLarge Unit Sizes with a mix of approximately 50% Two & Three Bedroom UnitsAll Two & Three Bedroom Units have Two Bathrooms EachAt Least 12% Rent Upside PotentialMany Units have been Upgraded with Tile Flooring ThroughoutVery Low Cost per Foot of $134.08 (based on gross square footage per assessor)Laundry Facility On-Site that Generates Additional Income for the PropertyNo Major Deferred Maintenance & Continually Lowering Operating CostsWith Upgraded Major Systems, Every Dollar Invested by a New Owner can go Directly Towards Improvements that will Increase RentsBuilt in 1964 with a Gross Building Square Footage of 44,376 & Lot Size of 0.75 AcresCurrently 39 Units, with a Storage Room currently being Permitted as the 40th Unit
The subject property is a well maintained 31-unit apartment building located in a dense rental market in Van Nuys. Built in 1964, the property is subject to rent control. The property is comprised of 17 singles, five one-bedroom/one-bathroom units, and nine one-bedroom/two-bathroom units. The property is very well maintained and the current owners have renovated approximately 23 units with new laminate flooring, helping to keep turnovers costs to a minimum. Additionally, the same 23 units are on a RUBS program which further helps to increase cash flow at the property. The property offers residents a solid Van Nuys location, plenty of gated open parking, intercom entrance, on-site laundry facility, and a courtyard. The offering is a great opportunity to own in a dense rental market with attractive price per unit and price per foot metrics. Do not disturb manager or tenants. Please contact listing agents for showings.
An amazing opportunity for possible owner user or to own a brand new 4plex in Lake Balboa! It consists of one 3 bedrooms and 2 baths and another 3 bedrooms and 2.5 baths handicap unit townhouse style (all bedrooms upstairs) and two units of 2 bedrooms and 2 baths. Each unit has its own laundry area inside the unit. No rent control, high cap rate of 5.43!!! Walking distance to Lake Balboa Park and golf course, adjacent to Encino, close to public transportations. Drive by only!!!
BIG HUGE REDUCTION OF $ 160.000 From the original listing price.Gorgeous custom built in 2004 Mediterranean home situated on a 19.000 sqft lot,featuring 5 Bdrms,4 1/2 Baths with 4185 sqft of beauty.2 Master bdrms,each with their own bath.the bigger master has a walk in closet and a fireplace.Two other fireplaces located in living and family rooms.Two other bdrms good size share a one bath.The fifth bdrm has its own bath also for privacy.There is also an office room.Formal dining room adjacent to the the huge kitchen with 460 sqft,granite counter tops,bay window,plenty of expensive cabinets.All flooring in the house consists of marble,travertine and limestone.The entire house is monitored by 8 surveillance cameras and alarm system.The are two gates on the property with plenty room to park many cars.The back yard features a guest house, pool,spa that have been replastered 6 months ago,,fish pond,turtle pond,barbecue area.At night when the lights are on you will fell like being in a tropical island.Bring your buyers to see one of a kind home.
ExcellentDevelopmentOpportunityforBuildersandDeveloperstobuild11condounitsorapartments.Architecturalplanshavegonethroughfistplancheckandpermitsarealmostreadytobeissued.LocatedonVanowenStreet,AmajorEast/Westthoroughfare.BeautifulCornerLotwithextrastreetparking.LocatednearCivic Center, Bus Routes, Shopping, Golf Course and Lake Balboa Park.
Traditional two story, about 3,000sf beauty in a quiet Lake Balboa neighborhood. It offers 4 bedrooms and 4 bathroom of which 2 are master suites with large custom made walk in closets. Grand entry, formal dining / living room, family room, wet bar, fireplace, hardwood and marble floors, crown moldings, recessed lights and more. Entertaining back yard with pool, covered patio, built in barbecue, grill, sink, fridge and tandoori. Newly remodeled with attention to detail. Iron gated with beautifully landscaped front yard. If not the best, one of the best houses in the neighborhood.
Immense 24,752 s.f. lot! This is a rare, very large, piece of property in the heart of Lake Balboa. Circular driveway with gated entry. 5 bedrooms, 4 bathrooms including 3 master bedrooms, 2,818 s.f. of living space. Formal entry. Remodeled Kitchen with custom cabinets, double oven, and walk in pantry, beautiful wood flooring in the living room and dining area. Two fireplaces. Laundry room with lots of cabinets. Enormous front and rear yards. Rear of property has tennis court but needs work. 2 car detached garage. Detached bonus room. This is a rare opportunity. Lot is 83 feet wide by 300 feet deep per assessor.
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