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!
Property Details
Price:
$1,350,000
MLS #:
24466527
Status:
Active
Beds:
4
Baths:
3
Address:
6648 Peach Avenue
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Midvale Estates
City:
Van Nuys
Listed Date:
Nov 22, 2024
State:
CA
Finished Sq Ft:
2,132
ZIP:
91406
Lot Size:
11,253 sqft / 0.26 acres (approx)
Year Built:
1948
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Schools
Interior
Appliances
Dishwasher, Disposal
Cooling
Central Air
Fireplace Features
Living Room
Flooring
Laminate
Heating
Central, Natural Gas
Window Features
Double Pane Windows
Exterior
Garage Spaces
5.00
Parking Features
Driveway, Covered, Attached Carport, Garage – Three Door, Garage – Two Door, Gated, Guest
Parking Spots
6.00
Spa Features
None
Stories Total
2
View
None
Financial
Map
Community
- Address6648 Peach Avenue Van Nuys CA
- SubdivisionMidvale Estates
- CityVan Nuys
- CountyLos Angeles
- Zip Code91406
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Courtesy of Avenue Homes. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
6648 Peach Avenue
Van Nuys, CA
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