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Listed by Lisa Pimentel • CENTURY 21 CITRUS REALTY INC
$ 1,300,000
Est. payment /mo
Active
15744 Saticoy Street Van Nuys, CA 91406
4 Beds
4 Baths
2,119 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,119 sqft
Price per Sqft $613
MLS Listing ID CV-26062669
Bedrooms 4
Full Baths 4
Year Built 1954
Lot Size 7,625 Sqft
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY | MULTI-UNIT INCOME PROPERTY WITH 2 PERMITTED ADUs. Welcome to 15744 Saticoy Street. A rare and versatile income-producing property in the heart of Van Nuys offering multiple permitted structures on one lot, with tremendous upside for investors, owner-occupants, or developers.
This unique offering features a main residence plus two fully permitted Accessory Dwelling Units (ADUs), each on its own separate meter. The first ADU is a legally converted garage, thoughtfully transformed into a fully independent living space. The second is an additional permitted ADU, purpose-built and fully compliant both carrying legal permits, offering peace of mind and maximum financing flexibility.
The property boasts a total of 6 bedrooms, 4 bathrooms, and 2,119 sq ft of living space across its units, formerly operated as an assisted living facility — providing a proven rental history and exceptional flexibility for a variety of future uses. The property currently generates rental income with existing tenants in place, offering immediate cash flow from day one.
Each unit provides true independence and privacy with separate kitchens, multiple bedrooms and bathrooms. Highlights include beamed wood-panel ceilings, ceiling fans, in-unit laundry hookups, a large covered carport with assigned parking spaces, and gated/secured access. The expansive lot is lined with mature cypress and pine trees providing natural privacy and curb appeal.
Whether you're looking to maximize rental income or explore assisted living/group home potential, this property checks every box. With LA's housing demand at an all-time high and two permitted ADUs already in place, this is truly a turnkey investment with value-add potential.
This unique offering features a main residence plus two fully permitted Accessory Dwelling Units (ADUs), each on its own separate meter. The first ADU is a legally converted garage, thoughtfully transformed into a fully independent living space. The second is an additional permitted ADU, purpose-built and fully compliant both carrying legal permits, offering peace of mind and maximum financing flexibility.
The property boasts a total of 6 bedrooms, 4 bathrooms, and 2,119 sq ft of living space across its units, formerly operated as an assisted living facility — providing a proven rental history and exceptional flexibility for a variety of future uses. The property currently generates rental income with existing tenants in place, offering immediate cash flow from day one.
Each unit provides true independence and privacy with separate kitchens, multiple bedrooms and bathrooms. Highlights include beamed wood-panel ceilings, ceiling fans, in-unit laundry hookups, a large covered carport with assigned parking spaces, and gated/secured access. The expansive lot is lined with mature cypress and pine trees providing natural privacy and curb appeal.
Whether you're looking to maximize rental income or explore assisted living/group home potential, this property checks every box. With LA's housing demand at an all-time high and two permitted ADUs already in place, this is truly a turnkey investment with value-add potential.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Interior
Cooling See Remarks
Flooring Tile
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Converted Garage
Pool None
Community Features Valley
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
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