Listing provided courtesy of Randy Hui of Realty One Group United. Last updated . Listing information © 2025 Sandicor.
Asking Price: $1,425,000
15331 Lemay Street, Van Nuys CA 91406
Community:
This Residential property was built in 1942 and is priced at $1,425,000. Please see the additional details below.
**NEW SFH + ADU INCOME PROPERTY, OWNER OCCUPY OR HOUSE HACK // $100.8K ANNUAL RENTAL INCOME** Incredible opportunity to own a fully stabilized, turnkey income property in one of the strongest rental markets in the Valley, or explore endless possibilities for owner occupancy, house-hacking or multi-generational living. Property features a fully renovated primary home + newly constructed detached ADU (both completed in 2024) currently generating $8,400 a month ($5,200 main house + $3,200 ADU) / $100,800 a year in gross rental income. Main house boasts 4-beds / 3-baths / 1,796 sf and a spacious open floor plan filled with natural light. A BONUS/FLEX room with its own private entrance offers potential for an additional bedroom, a "Next Gen Suite" or Jr. ADU (buyer to verify all options), offering tremendous flexibility for a variety of living arrangements. Other impressive features include a great room with vaulted ceilings and skylights, a primary ensuite bath with oversized dual walk-in shower, and fully landscaped backyard. Behind the house is a detached ADU with 2-beds / 2-baths / 887 sf and generously-sized rooms. Each unit has their own private entrance, outdoor spaces, a separate address and electrical meter. Premium finishes such as natural oak cabinets, quartz countertops, designer tile and in-unit laundry help command top rents and attract long-term tenants. All-new electrical, plumbing, HVAC, appliances and owned solar panels minimize ownership/operating costs and provide peace of mind for years to come. Superb location in a coveted, Midvale Estates-adjacent pocket o




