6355 Peach Avenue, Van Nuys, California 91411, Van Nuys, 91411 - 3 bed, 1 bath
ACTIVE$950,000
6355 Peach Avenue, Van Nuys, California 91411
3Beds
1Bath
1,104Sqft
6,744Lot
Year Built
1947
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$861
HOA
-
Days on market
-
Sold On
-
MLS number
DW25111504
Home ConditionFair
Features
View-
About this home
Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $950.0K(40th), sqft - 1104(14th), beds - 3(50th), baths - 1(14th).
Location! Location! Location! Property is located on the corner lot of Victoria Blvd., Has a horseshoe driveway and its own separate side entry for garage with potential for ADU. Located four blocks from 405 freeway and a mile away from the 101 freeway, property is within a mile range of Costco, schools and businesses. Beautiful clean neighborhood, the property is in a well kept condition however it is being sold as is.
Condition Rating
Fair
The property was built in 1947, making it over 75 years old. While the description states it's in 'well kept condition,' it is being sold 'as is,' which typically implies that the seller will not address necessary repairs or updates. Crucially, there are no interior images provided, making it impossible to assess the condition, style, and features of the kitchen, bathrooms, flooring, or appliances directly. Given its age and the 'as is' clause, it's highly probable that the interior, especially the kitchen and single bathroom, are significantly outdated and would require substantial renovation to meet current quality standards and buyer expectations. The exterior appears maintained but not recently updated. This aligns with a 'Fair' rating, indicating an aged but maintained home where major components are functional but show signs of being outdated and require minor to substantial updates.
Pros & Cons
Pros
Exceptional Location & Accessibility: Prime corner lot location with excellent freeway access (405 & 101) and proximity to essential amenities like Costco, schools, and businesses, enhancing convenience and desirability.
ADU Potential: The property features a separate side entry for the garage, offering clear potential for an Accessory Dwelling Unit (ADU), which can significantly increase property value and provide rental income opportunities.
Desirable Corner Lot & Driveway: Positioned on a corner lot with a horseshoe driveway, providing enhanced curb appeal, increased privacy, and convenient, ample off-street parking.
Well-Maintained Condition: The property is described as being in 'well kept condition,' suggesting it has been cared for and may require fewer immediate cosmetic updates.
Generous Lot Size: A substantial 6,744 sqft lot offers ample outdoor space for potential expansion, landscaping, or recreational use, adding to its long-term value.
Cons
Significant Overpricing: The current list price of $950,000 is substantially higher than the estimated market value of $735,222, indicating it is likely overpriced compared to its features and recent comparable sales.
Limited Bathroom Count: With only 1 bathroom for 3 bedrooms, the property may not meet the functional needs of many modern families, potentially limiting its appeal to a broader buyer pool.
"As-Is" Sale & Age of Property: Being sold 'as-is' for a 1947-built home implies the seller will not make repairs, which could lead to unexpected and potentially significant costs for the buyer to address necessary updates or deferred maintenance.