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For Sale

$797,500

848 sqft$940/sqft120 days on market

7662 Paso Robles Avenue

Van Nuys, CA 91406

· 8% down, 7% APR, 30yr fixed

2

Beds

1

Baths

848

Square feet

1948

Built

Listing narrative

Description

This inviting 2-bedroom, 1-bathroom home in Lake Balboa offers exceptional potential for growth and development. Situated on a spacious lot, the property comes with, approved city plans for additional 1,639 sqft. Addition to the main residence 1bed 1bath so it will be 3bed/2bath, as well as the addition of both an ADU and Junior ADU all in total of 2,487 sqft. These plans provide a tremendous opportunity for additional living space, rental income, or extended family living. With ample room to expand and a prime location, this property offers a solid foundation for creating a custom home while capitalizing on its future potential. Perfect for investors, first-time buyers, or those seeking a strategic investment in Van Nuys. Close to Lake Balboa/Anthony Beilenson Park. Very motivated seller, don’t miss this rare opportunity! Please check the plans under supplements.

Listing agent (MLS): Naira Valian · Listing brokerage (MLS): Remax Optima

Property Details

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Price

$797,500

Beds

2 bd

Type

House

Home Size

848 sqft

Baths

1

Lot Size

0.17 acres

Year

1948

Status

For Sale

Days on Market

120

$ / Sqft

$940

· 8% down, 7% APR, 30yr fixed
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Courtesy of Remax Optima