6648 Peach Avenue, Van Nuys, CA 91406

$1,499,000 Asking Price

4 beds
3 baths
2,132  sqft
Built in 1948

Exceptional Midvale Estates Home Remodeled 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 high-end 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, complete 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 an opportunity to build 3 separate detached ADU's. There's an existing detached 3-car garage (approx.. 660 sqft.), with nearly 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!


Features & Amenities

Interior

General:
Breakfast Bar,Separate/Formal Dining Room,Eat-in Kitchen
Appliances:
Dishwasher,Disposal
Laundry:
Inside
Flooring:
Laminate
A/C:
true, Central Air
Heating:
true, Central,Natural Gas
Fireplace:
Living Room, Fireplace

Exterior

General:
None
Style:
Traditional
Parking:
Attached Carport,Covered,Door-Multi,Driveway,Garage,Guest,Gated, Parking spaces: 6

Construction

Windows:
Double Pane Windows
General:
Stucco, 2

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LARE11, 2234017033
View:
None

Financial

Source:
CRMLS

This listing courtesy of:
Avenue Homes, Cesar Leyva

About Van Nuys, CA

Housing

Number of Units
62,033
Median Home Value
$629,101
Median Rent
$1,371

67.32% of housing units are renter occupied.

3.95% are vacant.

Commute

Car
63.21%
Public Transportation
5.34%
Walk to Work
1.64%
Work from Home
28.33%
Other
0.75%

The median travel time to work is 27 minutes.

People

Population
171,714
Median Age
36.00
Median Household Size
2.88

Education

High School
21.14%
Associate’s Degree
7.27%
Bachelor’s Degree
22.22%
Graduate Degree
8.86%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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