14615 Wyandotte Street, Van Nuys, California 91405, Van Nuys, 91405 - 5 bed, 4 bath

14615 Wyandotte Street, Van Nuys, California 91405 home-pic-0
ACTIVE$1,099,000
14615 Wyandotte Street, Van Nuys, California 91405
5Beds
4Baths
2,438Sqft
6,752Lot
Year Built
1949
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$451
HOA
-
Days on market
-
Sold On
-
MLS number
GD25077585
Home ConditionGood
Features
View-

About this home

Possibly Over-Priced:The estimated price is 51% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.10M(75th), sqft - 2438(96th), beds - 5(94th), baths - 4(91th).

Huge Price improvement! Welcome to 14615-14617 Wyandotte St, a beautifully updated, income-generating property located in the heart of Van Nuys. This charming property features a spacious 3-bedroom, 2-bathroom main house with approximately 1,210 sq. ft., currently rented for $3,100/month. Enhancing its value, the property also boasts a detached ADU, built in 2019, offering 2 bedrooms, 2 bathrooms, and about 1,228 sq. ft. of living space, rented for $3,150/month. Both units are currently tenant-occupied, but the property can be delivered either vacant or with tenants in place. The driveway provides parking for at least six vehicles, offering convenience for tenants and visitors alike. Ideally situated with easy access to major freeways, this property is within close proximity to shopping, dining, and everyday conveniences including Starbucks, Ralphs, Super King Market, CVS, Costco, and LA Fitness. Don't miss this opportunity to own a move-in-ready home featuring modern upgrades and the potential for reliable rental income. Whether you're an investor or seeking a new home with added value, this property offers the best of both worlds.

Nearby schools

4/10
Valerio Street Elementary School
Public,K-50.5mi
5/10
Hazeltine Avenue Elementary School
Public,K-50.7mi
3/10
Andres And Maria Cardenas Elementary School
Public,K-50.7mi
1/10
Andres And Maria Cardenas Elementary School
Public,K-50.7mi
2/10
Columbus Avenue School
Public,K-51.0mi
3/10
Van Nuys Elementary School
Public,K-51.1mi
3/10
Michelle Obama Elementary
Public,K-51.1mi
4/10
Burton Street Elementary School
Public,K-51.2mi
5/10
Ranchito Avenue Elementary School
Public,K-51.3mi
5/10
Noble Avenue Elementary School
Public,K-51.4mi
4/10
Sylvan Park Elementary School
Public,K-51.4mi
4/10
Bassett Street Elementary School
Public,K-51.5mi
4/10
Cohasset Street Elementary School
Public,K-51.5mi
3/10
Bassett Street Elementary School
Public,PK-51.5mi
4/10
Kittridge Street Elementary School
Public,K-51.5mi
3/10
Cohasset Street Elementary School
Public,K-51.5mi
6/10
Erwin Elementary School
Public,K-52.1mi
3/10
Langdon Avenue Elementary School
Public,K-52.1mi
9/10
Kester Avenue Elementary School
Public,K-52.5mi
3/10
Gault Street Elementary School
Public,K-53.0mi
3/10
Gault Street Elementary School
Public,K-53.0mi
4/10
Parthenia Street Elementary School
Public,K-53.2mi
7/10
Stagg Street Elementary School
Public,K-53.2mi
3/10
Vista Middle School
Public,6-81.4mi
5/10
James Madison Middle School
Public,6-82.1mi
2/10
Van Nuys Middle School
Public,6-82.4mi
5/10
William Mulholland Middle School
Public,6-83.1mi
3/10
William Mulholland Middle School
Public,6-83.2mi
7/10
Oliver Wendell Holmes Middle School
Public,6-84.0mi
3/10
Northridge Middle School
Public,6-84.4mi
3/10
Robert Fulton College Preparatory School
Public,6-120.4mi
2/10
Panorama High School
Public,9-120.9mi
6/10
Van Nuys Senior High School
Public,9-121.0mi
6/10
Ulysses S. Grant Senior High School
Public,9-122.7mi
3/10
James Monroe High School
Public,9-122.8mi
6/10
John H. Francis Polytechnic
Public,9-123.0mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.9mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.9mi
7/10
Northridge Academy High
Public,9-125.0mi
Condition Rating
Good

This property features a newly built ADU (2019) which is in excellent, modern condition with new appliances, contemporary flooring, recessed lighting, and updated bathrooms. The main house, built in 1949, is described as 'beautifully updated' and 'move-in ready'. While the main house kitchen (Image 6) shows an older style with tile countertops and cabinets, suggesting a renovation from 15-25 years ago, it appears functional and well-maintained. The overall property, significantly boosted by the modern ADU, is move-in ready with no immediate major renovations required, aligning with a 'Good' condition score.
Pros & Cons

Pros

Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Strong Rental Income Potential: The property features two separate units (main house and a detached ADU) generating a combined $6,250/month, offering significant income or mortgage offset for an investor or owner-occupant.
Modern Detached ADU: A recently built (2019), spacious (1,228 sq ft, 2 bed, 2 bath) detached ADU adds substantial value, modern living space, and flexibility for multi-generational living or additional rental income.
Updated & Move-in Ready Condition: The property is described as 'beautifully updated' and 'move-in-ready' with 'modern upgrades,' reducing immediate renovation costs and effort for a new owner.
Ample Off-Street Parking: The driveway provides parking for at least six vehicles, which is a significant and desirable amenity in an urban environment, accommodating both units and guests.
Prime Location with Amenities & Access: Ideally situated with easy access to major freeways and within close proximity to essential shopping, dining, and conveniences like Starbucks, Ralphs, Costco, and LA Fitness.

Cons

Age of Main Structure: The main house was built in 1949. While updated, older properties can present unforeseen maintenance challenges or require more significant capital expenditures for core systems (e.g., plumbing, electrical, HVAC) compared to newer constructions.
Tenant Occupancy & Vacancy Uncertainty: Although income-generating, the current tenant-occupied status means a buyer intending to occupy a unit may face delays or complexities in taking possession, even with the option to deliver vacant.
Limited Specifics on Main House Upgrades: While 'modern upgrades' are mentioned, the description lacks specific details about renovations to the main house's interior finishes or major systems, which could lead to buyer uncertainty about the extent and quality of these updates.

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