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4 separate living areas on 1 lot - MOTIVATED 6402 Graves Ave 4 Unit Apartment Building $1,512,026 CAD ($378,007 CAD/Unit) Van Nuys, CA 91406
Investment Highlights
- Fully Permitted ADU with Private Yard (Separate Entrance)
- Main House
- Back House (Separate Entrance)
- Separate Entrance Room with full bath in Main House
Executive Summary
*** FULLY PERMITTED ADU *** SEPARATE BACKHOUSE *** VALUE ADD OPPORTUNITY *** Welcome to 6402 Graves Ave, located in the highly desirable Lake Balboa neighborhood of Van Nuys. This beautiful property offers a rare combination of space, versatility, and location. Featuring 5 spacious bedrooms and 4 full bathrooms, this home is perfect for large families or investors. One of the standout features is the fully permitted Accessory Dwelling Unit (ADU), offering flexibility for rental income, a guest suite, or extended family living. The ADU includes its own private entrance, kitchen, bathroom, living space, and outdoor space. Ideal for tenants or independent living arrangements. Conveniently located in Lake Balboa, you’ll enjoy easy access to local parks, schools, shops, and the 405 and 101 freeways, making commuting easy. Whether you’re looking for a place to call home or a strong investment opportunity, this property checks all the boxes. Seller and Seller's Broker do not guarantee any information regarding property, square footage, use, zoning, or any other factor of the property. Buyer and buyer's broker to do their own due diligence and satisfy themselves.
Property Facts
| Price | $1,512,026 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $378,007 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 4 | Building Size | 2,096 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1955 |
| Zoning | LAR1 - One Family Residential | ||
| Price | $1,512,026 CAD |
| Price Per Unit | $378,007 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,096 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Zoning | LAR1 - One Family Residential |
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Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 2230-021-001 | Improvements Assessment | $271,024 CAD |
| Land Assessment | $830,523 CAD | Total Assessment | $1,101,547 CAD |
Property Taxes
Parcel Number
2230-021-001
Land Assessment
$830,523 CAD
Improvements Assessment
$271,024 CAD
Total Assessment
$1,101,547 CAD
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4 separate living areas on 1 lot - MOTIVATED | 6402 Graves Ave
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