14642 Runnymede Street
Van Nuys, CA, 91405
$1,390,000
5 Beds
4 Baths
2,509 SqFt
0.15 Acres
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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:
$1,390,000
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
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Interior

Accessibility Features
None
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Oven
Cooling
Central Air
Fireplace Features
Family Room, Gas, Kitchen
Flooring
Laminate, Tile
Heating
Central
Window Features
Shutters, Blinds

Exterior

Fencing
Vinyl
Parking Features
Driveway
Parking Spots
2.00
Pool Features
None
Spa Features
None
Stories Total
1
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None

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Community

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14642 Runnymede Street
Van Nuys, CA