15331 Lemay ST Van Nuys, CA 91406
6 Beds
5 Baths
2,683 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,683 sqft
Price per Sqft $531
MLS Listing ID DW26210804
Bedrooms 6
Full Baths 4
Three Quarter Bath 1
Construction Status Turnkey
HOA Y/N No
Year Built 1942
Lot Size 6,756 Sqft
Property Sub-Type Single Family Residence
Property Description
Incredible opportunity to own a fully stabilized, turnkey income property in one of the strongest rental markets in the Valley, or explore endless possibilities for owner occupancy, house-hacking or multi-generational living. Property features a fully renovated primary home + newly constructed detached ADU (both completed in 2024) currently generating $8,400 a month ($5,200 main house + $3,200 ADU) / $100,800 a year in gross rental income.
Main house boasts 4-beds / 3-baths / 1,796 sf and a spacious open floor plan filled with natural light. A BONUS/FLEX room with its own private entrance offers potential for an additional bedroom, a "Next Gen Suite" or Jr. ADU (buyer to verify all options), offering tremendous flexibility for a variety of living arrangements. Other impressive features include a great room with vaulted ceilings and skylights, a primary ensuite bath with oversized dual walk-in shower, and fully landscaped backyard.
Behind the house is a detached ADU with 2-beds / 2-baths / 887 sf and generously-sized rooms. Each unit has their own private entrance, outdoor spaces, a separate address and electrical meter. Premium finishes such as natural oak cabinets, quartz countertops, designer tile and in-unit laundry help command top rents and attract long-term tenants. All-new electrical, plumbing, HVAC, appliances and owned solar panels minimize ownership/operating costs and provide peace of mind for years to come.
Superb location in a coveted, Midvale Estates-adjacent pocket of Van Nuys offers easy and convenient access to the 405 and 101 freeways, as well as all the shops and restaurants along the bustling Sepulveda Boulevard corridor. Fishing, kayaking, golfing, miles of scenic paths and a host of other outdoor activities at Lake Balboa and the Sepulveda Basin Recreation Area are all just minutes away.
Both units currently occupied but can be delivered vacant or with tenant in place. Units may also be delivered furnished and turnkey mid-term rental ready. PLEASE DO NOT DISTURB OCCUPANTS OR WALK PROPERTY – DRIVE-BY ONLY. NOTE: Property address is actually 15333 Lemay St. (15331 is being used for listing purposes only).
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning R1-1-RIO
Rooms
Other Rooms Guest House Detached, Two On A Lot
Main Level Bedrooms 5
Interior
Interior Features Wet Bar, Breakfast Bar, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Entrance Foyer, Main Level Primary, Primary Suite, Walk-In Closet(s)
Heating Central, Ductless, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
Cooling Central Air, Ductless, Electric, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
Flooring Vinyl
Fireplaces Type None
Inclusions Appliances (Refrigerators, Stoves, Dishwashers, Microwave, Washers & Dryers)
Fireplace No
Appliance Electric Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Dryer, Washer
Laundry Washer Hookup, Electric Dryer Hookup, Inside, Stacked
Exterior
Exterior Feature Lighting, Rain Gutters
Parking Features Driveway, Uncovered
Fence New Condition, Privacy, Wood
Pool None
Community Features Foothills, Hiking, Near National Forest, Park
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Asphalt,Membrane
Accessibility No Stairs, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
Porch Concrete, Front Porch, Open, Patio, Porch, See Remarks
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Drip Irrigation/Bubblers, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Near Park, Rectangular Lot, Sprinklers Timer, Sprinkler System, Street Level, Yard
Dwelling Type House
Faces South
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Architectural Style Contemporary, Modern
Level or Stories One
Additional Building Guest House Detached, Two On A Lot
New Construction No
Construction Status Turnkey
Schools
Elementary Schools Columbus
Middle Schools Fulton
High Schools Van Nuys
School District Los Angeles Unified
Others
Senior Community No
Tax ID 2234021049
Acceptable Financing Cash, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac, VA Loan
Green/Energy Cert Solar
Listing Terms Cash, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac, VA Loan
Special Listing Condition Standard
Lease Land No
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