$789,000
MLS: SR26227714
Beds
3
Baths
2
Sq Ft
1,246
Lot
0.14 ac
Year Built
1952
MLS #
SR26227714
Days on Market
4
Listed
Oct 21, 2026
Description
**First-Time Buyer or Contractor Special in Prime Van Nuys—High Equity Potential!** Bring your tool belt and imagination to this diamond in the rough! Conveniently located in a high-demand area of Van Nuys, in a wonderfully quiet and safe family neighbourhood, this property features a solid structure and an expansive flat lot with significant upside potential. The detached garage provides an ideal footprint for a high-value ADU (Accessory Dwelling Unit) conversion, offering excellent rental income opportunities or multi-generational living arrangements. This home could serve as your first residence—a place to raise your family—at a very affordable price. While it requires some care and attention, it boasts features like a bonus room, paid-off solar panels, a recently upgraded main bathroom and kitchen, and a beautiful heated pool. This means you can move in immediately and upgrade according to your own timeline and budget. Surrounded by recently renovated homes that are fetching top dollar, this property presents a prime opportunity for flipping or buy-and-hold strategies for savvy investors looking to maximise their returns. Located just minutes from the 101 and 405 freeways, with great local dining and excellent shopping nearby, this property is competitively priced to sell quickly and will be sold entirely as-is. Don’t miss your chance to unlock this neighbourhood goldmine! Come see it today—this might be the house you’ve been waiting for!
Location
Van Nuys, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: James Duggan · Keller Williams Realty World Class
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
$6,296
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $78,900 · Loan: $710,100
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,878
- Property tax (1.25%)
- $822
- Homeowners insurance
- $300
- Mortgage insurance
- $296
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 Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $27,615 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 Van Nuys, CA 91406 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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