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$ 3,390,000
Est. payment | /mo
8 Beds
8 Baths
10,000 Sqft Lot
$ 3,390,000
Est. payment | /mo
8 Beds
8 Baths
10,000 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26177553
Bedrooms 8
Lot Size 10,000 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present 68266836 N. Whitman Avenue, a rare opportunity to acquire two newly constructed residential properties in the highly desirable Lake Balboa neighborhood of Van Nuys. Together, the properties comprise six income-producing residential units across two adjacent parcels, offering investors a unique blend of strong in-place functionality, operational flexibility, and long-term appreciation potential. Ideally located just west of the 405 Freeway, the property provides exceptional access to major employment centers throughout the San Fernando Valley and Greater Los Angeles. Residents benefit from close proximity to Lake Balboa Park, Van Nuys Airport, Valley Presbyterian Hospital, Balboa and Woodley Lakes Golf Courses, local schools and universities, and a wide array of national retailers and dining destinations, including Costco, Target, LA Fitness, In-N-Out, and Food 4 Less. Each parcel is improved with a 5-Bedroom/5-Bathroom single-family residence, an attached 1-Bedroom/1-Bathroom Junior ADU, and a detached 2-Bedroom/2-Bathroom ADU, averaging approximately 1,878 SF, 500 SF, and 800 SF, respectively. The thoughtfully designed unit mix creates multiple income opportunities and supports a variety of leasing strategies, including traditional residential rentals, co-living, workforce housing, student housing, or owner-user occupancy with supplemental rental income. The primary residences feature four en-suite bedrooms, centralized laundry rooms, and attached two-car garages, providing an ideal layout for shared housing arrangements while maintaining privacy
Location
State CA
County Los Angeles
Community Horse Trails
Zoning Builder
Direction Vanowen x Haskell
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 2224034102
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
Listed by Justino Faaola, DRE#02038198 COMPASS
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