Welcome to the ultimate turnkey income property! This fully remodeled Home is completely move-in ready; no additional work is needed. Rent it out and start generating consistent cash flow from day one. The property includes Main House: 3 bed / 2 bath, was rented for $4,600/month, Junior ADU: 1 bed / 1 bath, was rented for $2,000/month. Detached ADU: 1 bed / 1 bath, was rented for $2,500/month. The unit offers private entrances, fenced access, separate mailboxes, and in-unit washer/dryers for added convenience. Enjoy peace of mind with brand-new HVAC systems, a newly built attic for extra storage, and a fully paid-off solar panel system valued at $40,000. Installed three separate electric meters to keep utilities organized and efficient. Located in a high-demand rental area, this low-maintenance property offers strong returns and is ideal for both long-term tenants and short-term rental strategies. Don't miss this unbeatable investment opportunity. Start building generational wealth today! Generating over $9k in monthly revenue, this beautifully remodeled property in Van Nuys offers an exceptional investment opportunity. This property perfectly balances modern living with impressive rental income potential, featuring a stylish main residence and two additional private units. The primary home at 14642 Runnymede St boasts excellent curb appeal and a completely renovated open-concept design. Recessed lighting and new flooring flow throughout, creating a bright and welcoming atmosphere. The spacious living room is filled with natural light, while the sleek, neutral-toned kitchen features ample cabinetry, generous counter space, brand-new stainless steel appliances, a stylish island, and an adjacent dining area as well as access to a beautifully landscaped backyard, ideal for hosting or relaxing. Central air and heating ensure year-round comfort. With 3 bedrooms and 2 bathrooms. Adding to the property's value are 2 separate accessory dwelling units, each with its address. The JADU at 14642 1/2 Runnymede St is a well-appointed 1-bedroom, 1-bathroom unit featuring a full kitchen with plenty of storage, new appliances, recessed lighting, laminate flooring, efficient heating and cooling, a private area for washer and dryer, and a charming side yard. The full ADU at 14644 Runnymede St, positioned at the rear of the lot for added privacy, offers a spacious 2-bedroom, 2-bathroom layout with a modern kitchen, recessed lighting, and direct access to a generous private Patio.
|
DAYS ON MARKET
|
31
|
LAST UPDATED
|
5/28/2025
|
|
YEAR BUILT
|
1958
|
COMMUNITY
|
VN - Van Nuys
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
|
Prior to May 28, '25
|
$1,439,000
|
| May 28, '25 - Today |
$1,390,000 |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer |
| AREA |
VN - Van Nuys |
| FIREPLACE |
Yes |
| HEAT |
Central |
| INTERIOR |
Breakfast Bar |
| LOT |
6377 sq ft |
| LOT DIMENSIONS |
65x102 |
| PARKING |
Driveway |
| POOL DESCRIPTION |
None |
| STORIES |
1 |
| VIEW DESCRIPTION |
None |
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Listed with Revel Real Estate
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/7/25 5:23 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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