6648 Peach Avenue

Van Nuys, CA 91406 Active for $1,499,000

Overview
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Beds: 4 Baths: 3 Structure Size: 2,132 sqft Lot Size: 11,253 sqft

Property Facts

MLS	24427142
Year Built	1948
Property Type	Single Family Residence
County	Los Angeles
Status	Active
Active	$1,499,000
Structure Size	2,132 sqft
Lot Size	11,253 sqft
Beds	4
Baths	3

Description

Exceptional Midvale Estates Home Remodeled 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 high-end 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, complete 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 an opportunity to build 3 separate detached ADU's. There's an existing detached 3-car garage (approx.. 660 sqft.), with nearly 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!

Listing information courtesy of: Cesar Leyva, Avenue Homes . *Based on information from the Association of REALTORS/Multiple Listing as of 09/18/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.