6648 Peach Avenue, Van Nuys, CA 91406

$1,300,000
4
BD
3
BA
2,132
SqFt

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List Agent Cesar Leyva () 424-202-4243 Avenue Homes; CoList () Courtesy of Selling Office: Pinnacle Estate Properties, Gary Keshishyan - Selling Agent DRE# and Courtesy of Listing Office Avenue Homes, Cesar Leyva - Agent DRE#

Sold Price
$1,300,000
List Price
$1,350,000
Closing Date
Feb 21, 2025
Status
CLOSED
MLS#
24466527
Year Built
1948
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,132
Lot Size
11,253
Days on Market
39
Property Type
Single Family Residential
Style
Traditional
Property Sub Type
Single Family Residence
Stories
Two Levels
Neighborhood
Midvale Estates

Property Description

Exceptional Midvale Estates Home with Extensive ADU Potential. Discover the epitome of modern living and investment potential in the prestigious Midvale Estates neighborhood of Van Nuys, CA. This beautifully remodeled single-family home sits on a sprawling 11,300 sq. ft. lot and offers an unparalleled opportunity for creating generational wealth. With 4 bedrooms, 3 bathrooms, and a host of additional features, this property is perfect for families and investors alike. As you step inside, you'll be greeted by a bright and airy open concept living area, seamlessly connecting the living room, dining area, and gourmet kitchen. The kitchen is a culinary masterpiece, featuring new appliances, custom cabinetry, and an expansive eat-in bar area with quartz countertops ideal for casual meals and entertaining. The master suite is a private sanctuary with a luxurious en-suite bathroom that boasts a new vanity, a lighted vanity mirror, and a separate shower. Three additional bedrooms offer ample space for family, guests, or a home office. What sets this property apart is its incredible investment potential. The property features a RARE opportunity to build 3 separate detached ADU's using Senate Bill SB9. Save Money by converting the existing detached 3-car garage (approx.. 630 sqft.) and the detached 2-car garage (nearly 400 sqft.) with approved RTI plans for a 2-story ADU build (1st Unit). Additionally, a separate detached 2-car garage and covered carport/breezeway with plans submitted for a Junior ADU conversion (2nd Unit). At the Northeast corner of the property, architectural plans have already been submitted for a brand-new, detached 3-bedroom, 3-bathroom ADU (3rd Unit). This extensive ADU potential makes the property an ideal long-term rental hold, allowing you to maximize your rental income and instantly create generational wealth. With the flexibility to develop multiple living spaces, this property is rare in a prime location. Located in the heart of Midvale Estates, this home offers easy access to parks, top-rated schools, shopping, and dining. Midvale Estates is one of the most famous filming neighborhoods in Los Angeles because it looks like "Anywhere USA." Home to many commercial shoots, films, and TV Production. Residents in this area can benefit from renting out their homes and earn additional income. Don't miss this unique opportunity to own a property that combines luxurious living with unmatched investment potential. Schedule your private showing today!

Additional Information

Appliances
Dishwasher, Disposal
Fireplace Description
Living Room
Heat
Central, Natural Gas
Cooling
Yes
Cooling Description
Central Air
View
None
Exterior Construction
Stucco
Patio
Covered
Garage Spaces Total
5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.