ActiveSingleFamilyResidence

15744 Saticoy Street

Van Nuys, CA, 91406

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$1,300,000

MLS: CV26062669

Beds

4

Baths

4

Sq Ft

2,119

Lot

0.17 ac

Year Built

1954

MLS #

CV26062669

Days on Market

1

Listed

Apr 30, 2026

Description

EXCEPTIONAL INVESTMENT OPPORTUNITY | MULTI-UNIT INCOME PROPERTY WITH 2 PERMITTED ADUs. Welcome to 15744 Saticoy Street. A rare and versatile income-producing property in the heart of Van Nuys offering multiple permitted structures on one lot, with tremendous upside for investors, owner-occupants, or developers. This unique offering features a main residence plus two fully permitted Accessory Dwelling Units (ADUs), each on its own separate meter. The first ADU is a legally converted garage, thoughtfully transformed into a fully independent living space. The second is an additional permitted ADU, purpose-built and fully compliant both carrying legal permits, offering peace of mind and maximum financing flexibility. The property boasts a total of 6 bedrooms, 4 bathrooms, and 2,119 sq ft of living space across its units, formerly operated as an assisted living facility — providing a proven rental history and exceptional flexibility for a variety of future uses. The property currently generates rental income with existing tenants in place, offering immediate cash flow from day one. Each unit provides true independence and privacy with separate kitchens, multiple bedrooms and bathrooms. Highlights include beamed wood-panel ceilings, ceiling fans, in-unit laundry hookups, a large covered carport with assigned parking spaces, and gated/secured access. The expansive lot is lined with mature cypress and pine trees providing natural privacy and curb appeal. Whether you're looking to maximize rental income or explore assisted living/group home potential, this property checks every box. With LA's housing demand at an all-time high and two permitted ADUs already in place, this is truly a turnkey investment with value-add potential.

Location

Van Nuys, Los Angeles County, CA 91406

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Listed by: Lisa Pimentel · CENTURY 21 CITRUS REALTY INC

Payment estimate

$9,545

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $130,000 · Loan: $1,170,000

%
Principal & Interest
$7,403
Property tax (1.25%)
$1,354
Homeowners insurance
$300
Mortgage insurance
$488
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Van Nuys home with as little as 3.5% down using an FHA loan — roughly $45,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.