Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

5654 Stansbury

Van Nuys, CA, 91401

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$1,599,000

MLS: SR26025801

Beds

4

Baths

2

Sq Ft

1,030

Lot

0.22 ac

Year Built

1937

MLS #

SR26025801

Days on Market

74

Listed

Feb 4, 2026

Description

Two Homes on One Lot – Great Income Opportunity in Van Nuys / Sherman Oaks Area If you’ve been looking for a home with extra income potential in a desirable area, look no further. This property features two separate living spaces on one lot, ideal for owner-users or investors. The main house offers 2 bedrooms and 1 bathroom, plus an additional 2 bedrooms and 1 bathroom (buyer to verify permits). There is also a separate, self-contained ADU featuring 1 bedroom and 1 bathroom, approximately 396 sq ft, perfect to help offset the monthly mortgage payment. Enjoy a nice pool, ideal for hot summer days, and a corner lot location in a very pleasant residential area of Van Nuys near Sherman Oaks. Excellent investment opportunity with multiple income streams. Buyer to verify all permits, square footage, and uses.

Location

Van Nuys, Los Angeles County, CA 91401

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Listed by: Federico Cabral · Mission Real Estate

Payment estimate

$11,407

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $159,900 · Loan: $1,439,100

%
Principal & Interest
$8,842
Property tax (1.25%)
$1,666
Homeowners insurance
$300
Mortgage insurance
$600
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

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

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 $55,965 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.

Local Market Stats

See Sherman Oaks, CA 91401 market trends →

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

Only large teams outsell Mike Watson · Keller Williams Realty

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