$1,195,000
Original list price: $1,200,000
MLS: SR26157332
Beds
5
Baths
3
Sq Ft
2,424
Lot
0.13 ac
Year Built
1973
MLS #
SR26157332
Days on Market
17
Listed
Jul 19, 2026
Description
Welcome to this exceptional Van Nuys property offering the perfect blend of comfort, flexibility, and investment potential. The main residence features 4 spacious bedrooms, 3 bathrooms, and approximately 2,000 sq. ft. of well-designed living space with an expansive floor plan, a huge dining area, and a generously sized kitchen that’s perfect for entertaining and everyday living. Adding incredible value is a fully permitted 400 sq. ft. ADU featuring 1 bedroom and 1 bathroom—ideal for rental income, multigenerational living, guests, or a private home office. Step outside to a beautifully landscaped backyard, creating the perfect space to relax, entertain, or enjoy Southern California living. The gated property offers added privacy and security. Whether you’re a homeowner looking to offset your mortgage by renting the ADU or an investor seeking a strong income-producing opportunity by leasing both units, this property delivers outstanding versatility and long-term value. Conveniently located near shopping, dining, parks, schools, and major freeways, this is a rare opportunity you won’t want to miss.
Location
Van Nuys, Los Angeles County, CA 91402
Open on Google Maps ↗Listed by: Meline Khacheryan · RE/MAX One
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$8,904
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $119,500 · Loan: $1,075,500
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,911
- Property tax (1.25%)
- $1,245
- Homeowners insurance
- $300
- Mortgage insurance
- $448
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 Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
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 $41,825 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
See Panorama City, CA 91402 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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