13804 Hart Street, Van Nuys, CA 91405
Property · 2 recorded sales since 2020
Sold January 2020
Listing Agent: Elizabeth Maddox (DRE #01921425) · Listing Office: The 2-4 Unit Specialists · Contact: 818-859-7242 · Bought with: Christina Karapetyan · Lion Group Investments Inc · MLS #BB19247653 · Source: CRMLS
About this property
This is a rare and exciting opportunity to purchase 2 homes for the price of one on a lovely tree-lined residential street in Van Nuys. The property is made up of 2 separate addresses, 13804 Hart St & 6957 Matilija Ave. 13804 Hart is a stunning brand new construction 2-story, 3 bedroom, 3 bathroom ADU and 6957 Matilija is the original 3 bedroom, 2 bathroom home that resided on this lot, which was partially updated and will be delivered rented at the market rent of $3,200! Either rent out both homes for an extraordinary cap rate of 5.98% or owner occupy the ADU and enjoy a low monthly mortgage payment (thanks to the existing $3,200/month income stream)! With the majority of homes within a half mile radius selling for $650,000-$975,000, this property is a total steal at $525,000 per door! Each of these freestanding homes is extremely large (1,254 and 1,200 square feet) and boasts a spacious, open floorplan. The ADU features: high ceilings, top-of-the-line finishes, stainless steel appliances, a private, enclosed grass yard, washer/dryer hookups, chic bathrooms, a gorgeous modern kitchen, a 2nd-story patio, and a 2-car garage. The front house features: a large front yard, an expansive private grass back yard with a huge covered patio, hardwood floors, skylights, plentiful storage space including a gigantic walk-in closet, and lovely French doors!
Listing description from the January 2020 sale, as reported to CRMLS.
Sale history
