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14950 Marlin Place, Van Nuys, California 91405, Van Nuys, 91405 - 3 bed, 2 bath

14950 Marlin Place, Van Nuys, California 91405 home-pic-0
ACTIVE$849,000
14950 Marlin Place, Van Nuys, California 91405
3Beds
2Baths
1,501Sqft
7,379Lot
Year Built
1950
Close
-
List price
$849K
Original List price
$849K
Price/Sqft
$566
HOA
-
Days on market
-
Sold On
-
MLS number
GD25083597
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 35% below the list price. We found 3 Cons,7 Pros. Rank: price - $849.0K(45th), sqft - 1501(40th), beds - 3(50th), baths - 2(50th).

Welcome to 14950 Marlin Place—a beautifully maintained 3-bedroom, 2-bathroom home offering a blend of comfort, charm, and exciting future potential. Located on a quiet street in the heart of Van Nuys, this 1,500 sq ft residence sits on a flat, 7,000+ sq ft lot. A standout feature is the detached 700+ sq ft garage with private rear alley access, making it ideal for an ADU conversion or SB9 development to build up to four units. Inside, you're welcomed by polished wood floors and natural light pouring through large windows. The home has been lovingly cared for but offers room for cosmetic updates—perfect for investors or homeowners looking to personalize and add value. Whether you plan a light refresh or a full renovation, the layout provides a great foundation. The open concept living and dining area is ideal for everyday living and entertaining. The kitchen, with solid wood cabinetry and generous counter space, is warm and functional, with the opportunity for modern enhancements. At the rear of the home, the oversized primary suite offers space for a king bed, reading nook, or office setup, along with a walk-in closet and ensuite bath. Two additional bedrooms are bright and versatile, and the second bathroom is thoughtfully located. The secure, expansive backyard invites possibilities—gardening, play space, or outdoor entertainment. Located near Kittridge Street Elementary, Van Nuys High, Lake Balboa Park, shops, restaurants, and with easy access to the 405, this home is convenient for both families and commuters. Whether you're looking to settle down or invest in your next project, 1495 Marlin Place is a rare opportunity with long-term upside.

Nearby schools

2/10
Columbus Avenue School
Public,•K-5•0.4mi
4/10
Valerio Street Elementary School
Public,•K-5•0.6mi
4/10
Sylvan Park Elementary School
Public,•K-5•0.9mi
3/10
Van Nuys Elementary School
Public,•K-5•1.0mi
4/10
Bassett Street Elementary School
Public,•K-5•1.0mi
3/10
Andres And Maria Cardenas Elementary School
Public,•K-5•1.0mi
3/10
Bassett Street Elementary School
Public,•PK-5•1.0mi
1/10
Andres And Maria Cardenas Elementary School
Public,•K-5•1.0mi
5/10
Hazeltine Avenue Elementary School
Public,•K-5•1.1mi
4/10
Cohasset Street Elementary School
Public,•K-5•1.3mi
3/10
Cohasset Street Elementary School
Public,•K-5•1.3mi
3/10
Michelle Obama Elementary
Public,•K-5•1.6mi
5/10
Noble Avenue Elementary School
Public,•K-5•1.7mi
4/10
Kittridge Street Elementary School
Public,•K-5•1.7mi
4/10
Burton Street Elementary School
Public,•K-5•1.8mi
5/10
Ranchito Avenue Elementary School
Public,•K-5•1.9mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.0mi
6/10
Erwin Elementary School
Public,•K-5•2.2mi
3/10
Langdon Avenue Elementary School
Public,•K-5•2.4mi
3/10
Gault Street Elementary School
Public,•K-5•2.5mi
3/10
Gault Street Elementary School
Public,•K-5•2.6mi
7/10
Stagg Street Elementary School
Public,•K-5•2.9mi
4/10
Parthenia Street Elementary School
Public,•K-5•3.1mi
3/10
Vista Middle School
Public,•6-8•1.7mi
2/10
Van Nuys Middle School
Public,•6-8•2.0mi
5/10
James Madison Middle School
Public,•6-8•2.5mi
5/10
William Mulholland Middle School
Public,•6-8•2.6mi
3/10
William Mulholland Middle School
Public,•6-8•2.7mi
7/10
Oliver Wendell Holmes Middle School
Public,•6-8•4.0mi
3/10
Northridge Middle School
Public,•6-8•4.2mi
6/10
Van Nuys Senior High School
Public,•9-12•0.6mi
3/10
Robert Fulton College Preparatory School
Public,•6-12•0.7mi
2/10
Panorama High School
Public,•9-12•1.5mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•2.8mi
3/10
James Monroe High School
Public,•9-12•3.0mi
6/10
John H. Francis Polytechnic
Public,•9-12•3.6mi
7/10
Northridge Academy High
Public,•9-12•4.9mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.0mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.1mi
Condition Rating
Fair
The property, built in 1950, is described as 'beautifully maintained' and 'lovingly cared for' with 'polished wood floors,' indicating good structural integrity and regular upkeep. However, the listing explicitly states it 'offers room for cosmetic updates' and 'opportunity for modern enhancements,' particularly in the kitchen with 'solid wood cabinetry' that is 'warm and functional' but clearly outdated. The bathrooms are not detailed but likely follow a similar older, functional style. The property analysis also notes 'Outdated Interior Finishes' and 'Potential for Older Systems.' While not in disrepair, it requires minor updates to meet current aesthetic and functional standards, fitting the 'fair' category where major components are functional but show signs of being outdated.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7379, living area = 1501.
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Significant Development Potential: The detached 700+ sq ft garage with private rear alley access offers exceptional potential for ADU conversion or SB9 development, allowing for multiple units and substantial value addition.
Generous Lot Size: A spacious, flat 7,379 sq ft lot provides ample outdoor space for various uses, including expansion, landscaping, and entertainment.
Strategic Location: Situated on a quiet street in Van Nuys with convenient access to schools, parks (Lake Balboa), shopping, dining, and major freeways (405), enhancing lifestyle and commute.
Well-Maintained Foundation: The property is described as 'beautifully maintained' with a 'great foundation,' suggesting good structural integrity and a solid base for future enhancements.
Value-Add Opportunity: Offers a prime opportunity for homeowners or investors to personalize and significantly increase value through cosmetic updates and modern enhancements.

Cons

Outdated Interior Finishes: The home requires cosmetic updates and modern enhancements, particularly in the kitchen, to meet contemporary buyer expectations and compete with recently renovated properties.
Potential for Older Systems: Built in 1950, the property likely retains older core systems (e.g., plumbing, electrical, HVAC) that may require inspection, maintenance, or replacement in the near future, representing potential deferred costs.
Lack of Modern Energy Efficiency: No mention of recent energy-efficient upgrades (e.g., solar, updated insulation, dual-pane windows) which could lead to higher utility costs and may be a disadvantage compared to upgraded comparable properties.

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