6648 Peach Ave, Van Nuys, CA 91406 - Dennis Maynard Realty

$1,350,000

Exceptional Midvale Estates Home 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… Read More 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 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 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 a RARE opportunity to build 3 separate detached ADU's using Senate Bill SB9. Save Money by converting the existing detached 3-car garage (approx.. 630 sqft.) and the detached 2-car garage (nearly 400 sqft.) with 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! Read Less

Courtesy of Avenue Homes 323-954-6420

Listing Snapshot

Days Online

Last Updated

Jan 9, 2025

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

2,132

Lot Size

0.26 Acres

Year Built

1948

MLS Number

24-466527

30 Days Snapshot Of 91406

$1,135k

(avg) sold price

-100%

homes sold

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

Gas, Free Standing Gas, Range/Oven, Dishwasher, Garbage Disposal, Water Line to Refrigerator

Building

2,132 sq ft, Built in 1948, Levels: Two, Detached/No Common Walls, Traditional

Cooling

Central, Air Conditioning

Disclosures

As Is, Building Permit, Building Plans Available, Property Report, Home Warranty Plan

Exterior Features

Stucco, Covered

Fireplaces

1 fireplace, Living Room

Floors

Laminate

Garage

5 total garage spaces, Driveway, Covered Parking, Carport Attached, Garage - 3 Car, Garage - 2 Car, Garage Is Detached, Gated, Parking for Guests

Water Features

Water: Public

Heating

Central, Natural Gas

Home Owner's Association

HOA Present

Laundry

Inside, Laundry Area

Lot

LotAcreage: 0.2583, LotSizeArea: 11,253, LotSizeDimensions: 75x150, Exterior Security Lights, Fenced, Fenced Yard

Parking

CarportSpacesTotal: 1, CoveredParking: 6, OpenOtherSpacesTotal: 4, TotalParking: 6

Pool

PoolYN: False, Room For

Property

LandLeasePurchaseYN: False, LandLeaseType: Fee, OtherStructures: Accessory Bldgs, PropertySubType: Single Family Residence, Zoning: LARE11, Updated/Remodeled

Spa

Has spa, None

Utilities

Gas, Water Heater Unit

Windows

Double Pane Windows

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6648 Peach Ave

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