6437 Graves Avenue
Van Nuys, CA, 91406 $ 1,399,999
Bedrooms3 Baths1.1 Sq 2,354 Monthly Estimate*
$ 9,779
Listed by Re-Search Concept
for $1,399,999 with 3 bedrooms and 1 full bath, 1 half bath. This 2,354 square foot home was built in 1955 on a lot size of 0.1579.
Welcome to your income-generating retreat in Lake Balboa, where every detail is designed for comfort and convenience! This property offers a unique blend of versatility and charm, featuring a 3-unit setup with the simplicity of loan qualification as a Single Family Residence. Upon entering the main house, you’re greeted by inviting spaces, including high ceilings and a cozy brick fireplace, creating a warm atmosphere for relaxation. Laminate and tile flooring add a touch of sophistication, while the expansive kitchen beckons with stone countertops, stainless steel appliances, and ample room for culinary creativity. A separate dining area and convenient powder room enhance the functionality of the space, while the individual laundry room streamlines chores with its included washer and dryer. At the front of the house, you’ll find a sprawling walk-in coat closet, providing easy access to storage for your outerwear and belongings. Two generously sized bedrooms share a full bath, while the primary bedroom suite offers his and hers closets, an ensuite 3/4 bath, and access to a vast enclosed patio—perfect for unwinding or entertaining guests. Step outside to your own private backyard oasis, complete with a grassy area for your furry friends to roam, an outdoor sink for added convenience, a large storage unit for all your essentials, and a custom-built seating area surrounding a cozy firepit—ideal for gathering under the stars. Additionally, there are three parking spaces available in the driveway. The (64391/2 Graves Ave) ADU, constructed in 2024, and the (6439 Graves Ave) JADU, built in 2023, offer additional income potential. This property’s location adds to its appeal, with Birmingham High School and Mulholland Middle School nearby, as well as easy access to Van Nuys Airport, Lake Balboa Park, golf courses, and the 405 and 101 freeways—making commuting a breeze. Experience the comfort and versatility of this meticulously renovated property, originally built in 1955 and fully revamped in recent years. Don’t miss out on the opportunity to own a piece of Lake Balboa’s vibrant real estate scene. Schedule a viewing today and discover the potential of this income-generating gem!
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FeaturesGeneralInterior Features HighCeilings OpenFloorplan StoneCounters RecessedLighting TrackLighting MainLevelPrimary WalkInClosets
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableAvailable ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Appliances Dishwasher FreeStandingRange Disposal GasWaterHeater WaterHeater Dryer Washer
Zoning LAR1
HOA 0.0
Garage Spaces 0.0
Pool Features None
Construction Materials CopperPlumbing
Year Built 1955
Tenant Pays AllUtilities
View CityLights
Stories 1
Levels One
Property SubType SingleFamilyResidence
Gross Income 7100.0
Community Features Biking Curbs DogPark Fishing Golf Hiking HorseTrails Lake Park StormDrains StreetLights Sidewalks
County Los Angeles
Net Operating Income 7000.0
Operating Expense 100.0
Insurance Expense 150.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Between Louise & Aldea North of Victory
City Van Nuys
Entry Location 1
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 3.0
Total Units 3
MLS Area VN - Van Nuys
Lot Size Square Feet 6876.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name Graves
Listing Terms Submit
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 350.0
Home Warranty Y/N N
Current Financing FHA
Fuel Expense 110.0
Trash Expense 75.0
Water Sewer Expense 50.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 11
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 13
Total Actual Rent 4150.0
Property Sub Type Additional SingleFamilyResidence
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InteriorFlooring Tile Vinyl Wood
Fireplace Features LivingRoom
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Street Suffix Avenue
Laundry Features LaundryRoom
Entry Level 1
Electric On Property Y/N N
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ExteriorParking Features Driveway
Lot Features BackYard FrontYard SprinklersInFront Lawn Walkstreet
Water Source Public
Total Parking 3.0
Lot Size Area 6876.0
Number of Buildings 1
Spa N
Building Area Total 2354.0
Lot Size Acres 0.1579
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Horse Amenities RidingTrail
Irrigation Water Rights Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $9,779
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Van Nuys, CA
Average List Price $2,823,022
Percent of Sale Price 102%
About Van Nuys, CA 172,355 Population
0% Since 2002
$ 0 Median Income
0 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/29/2024 | $1,399,999 | -12.50% | Price Down |
| 4/23/2024 | $1,599,999 | | Listed Price |