Welcome to the ultimate turnkey income property! This fully remodeled Home is completely move-in ready; no additional work is needed. Rent it out and start generating consistent cash flow from day one. The property includes Main House: 3 bed / 2 bath, was rented for $4,600/month, Junior ADU: 1 bed / 1 bath, was rented for $2,000/month. Detached ADU: 1 bed / 1 bath, was rented for $2,500/month. The unit offers private entrances, fenced access, separate mailboxes, and in-unit washer/dryers for added convenience. Enjoy peace of mind with brand-new HVAC systems, a newly built attic for extra storage, and a fully paid-off solar panel system valued at $40,000. Installed three separate electric meters to keep utilities organized and efficient. Located in a high-demand rental area, this low-maintenance property offers strong returns and is ideal for both long-term tenants and short-term rental strategies. Don’t miss this unbeatable investment opportunity. Start building generational wealth today! Generating over $9k in monthly revenue, this beautifully remodeled property in Van Nuys offers an exceptional investment opportunity. This property perfectly balances modern living with impressive rental income potential, featuring a stylish main residence and two additional private units. The primary home at 14642 Runnymede St boasts excellent curb appeal and a completely renovated open-concept design. Recessed lighting and new flooring flow throughout, creating a bright and welcoming atmosphere. The spacious living room is filled with natural light, while the sleek, neutral-toned kitchen features ample cabinetry, generous counter space, brand-new stainless steel appliances, a stylish island, and an adjacent dining area as well as access to a beautifully landscaped backyard, ideal for hosting or relaxing. Central air and heating ensure year-round comfort with 3 bedrooms and 2 bathrooms. Adding to the property’s value are 2 separate accessory dwelling units, each with its own address. The JADU at 14642 1/2 Runnymede St is a well-appointed 1-bedroom, 1-bathroom unit featuring a full kitchen with ample storage, new appliances, recessed lighting, laminate flooring, efficient heating and cooling, a private area for a washer and dryer, and a charming side yard. The full ADU at 14644 Runnymede St, positioned at the rear of the lot for added privacy, offers a spacious 1-bedroom, 1-bathroom layout with a modern kitchen, recessed lighting, and direct access to a generous private Patio.
Property Details
Price:
$1,348,000
MLS #:
25536004
Status:
Active
Beds:
5
Baths:
4
Address:
14642 Runnymede Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
vnvannuys
City:
Van Nuys
Listed Date:
May 8, 2025
State:
CA
Finished Sq Ft:
2,509
ZIP:
91405
Lot Size:
6,376 sqft / 0.15 acres (approx)
Year Built:
1958
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Oven
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Laminate, Tile
Heating
Central
Laundry Features
Washer Included, Dryer Included
Exterior
Parking Features
Driveway
Parking Spots
2.00
Financial
Map
Community
- Address14642 Runnymede Street Van Nuys CA
- AreaVN – Van Nuys
- CityVan Nuys
- CountyLos Angeles
- Zip Code91405
Similar Listings Nearby
- 7445 Balcom Avenue
Reseda, CA$1,750,000
3.91 miles away
- 13111 Magnolia Boulevard
Sherman Oaks, CA$1,750,000
3.40 miles away
- 5860 Alcove Avenue
Valley Village, CA$1,750,000
3.00 miles away
- 4009 Weslin Avenue
Sherman Oaks, CA$1,749,999
4.53 miles away
- 17905 Bullock Street
Encino, CA$1,749,888
4.41 miles away
- 3909 Glenridge Drive
Sherman Oaks, CA$1,749,000
4.59 miles away
- 12424 Sarah Street
Studio City, CA$1,749,000
4.53 miles away
- 4223 Wilkinson Avenue
Studio City, CA$1,749,000
4.86 miles away
- 3629 Loadstone Drive
Sherman Oaks, CA$1,725,000
4.75 miles away
- 7737 Ethel Avenue
North Hollywood, CA$1,700,000
2.04 miles away

14642 Runnymede Street
Van Nuys, CA
LIGHTBOX-IMAGES