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6648 Peach Ave, Van Nuys, CA 91406

Sale Price: $1,300,000
Nov 22, 20242,132 sqft4 beds3 baths
Listed by: Cesar Leyva
License #: 01490664
Phone #: 424-202-4243
Avenue Homes
Source:
CRMLS Logo
MLS #: 24466527

Property Description

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 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!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,520

TurboHome Estimated Value

$1,359,000

$637 sqft

High Valuation
$1,426,950
$669/sqft
Normal Valuation
$1,359,000
$637/sqft
Low Valuation
$1,291,050
$606/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$637/sqft$1,359,000

Neighborhood: Van Nuys

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Comparative Value

$900K

$1.07M

$1.30M

$1.35M

$1.45M

6623 Columbus Ave, Van Nuys, CA 91405

Sale Price: $900,000

Selected Comparable

15382 Victory Blvd, Van Nuys, CA 91406

Sale Price: $900,000

Selected Comparable

15330 Archwood St, Van Nuys, CA 91406

Sale Price: $1,070,000

Selected Comparable

6648 Peach Ave, Van Nuys, CA 91406

Sale Price: $1,300,000

Selected Comparable

6648 Peach Ave, Van Nuys, CA 91406

List Price: $1,350,000

Subject Property

6626 Orion Ave, Van Nuys, CA 91406

Sale Price: $1,449,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
6648 Peach Ave, Van Nuys, CA 91406

6648 Peach Ave, Van Nuys, CA 91406

List: $1,350,000

Listed: 11/22/2024

Area:2,132 sqft
Price/sqft:$633
Beds:4
Baths:3
Year Built:
Lot Size:11,253

Comparable Properties

COMPARABLE
Choose comps
6648 Peach Ave, Van Nuys, CA 91406

6648 Peach Ave, Van Nuys, CA 91406

Sale: $1,300,000

2/21/20250.00 mi

Area:2,132 sqft
Price/sqft:$610
Beds:4
Baths:3
Year Built:
Weight:24.4%
15330 Archwood St, Van Nuys, CA 91406

15330 Archwood St, Van Nuys, CA 91406

Sale: $1,070,000

11/7/20240.07 mi

Area:2,606 sqft
Price/sqft:$411
Beds:4
Baths:3
Year Built:
Weight:19.8%
6623 Columbus Ave, Van Nuys, CA 91405

6623 Columbus Ave, Van Nuys, CA 91405

Sale: $900,000

10/16/20240.18 mi

Area:2,127 sqft
Price/sqft:$423
Beds:3
Baths:3
Year Built:
Weight:19.1%
6626 Orion Ave, Van Nuys, CA 91406

6626 Orion Ave, Van Nuys, CA 91406

Sale: $1,449,000

3/28/20250.17 mi

Area:1,907 sqft
Price/sqft:$760
Beds:3
Baths:3
Year Built:
Weight:18.5%
15382 Victory Blvd, Van Nuys, CA 91406

15382 Victory Blvd, Van Nuys, CA 91406

Sale: $900,000

7/15/20250.42 mi

Area:2,499 sqft
Price/sqft:$360
Beds:3
Baths:3
Year Built:
Weight:18.2%

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