Hot property! A rare Lake Balboa offering featuring a 3-bedroom, 2-bath main residence and a permitted 1-bedroom, 1.5-bath second dwelling unit. With two separate addresses, it provides exceptional flexibility for multi-generational living, rental income, or extended family use. Set behind remote-controlled electric gates, the property sits far back from the street on a 10,000+ sq ft lot with a long gated driveway, offering privacy and impressive curb appeal. The main residence offers a spacious and functional layout with a living room, family room, dining area, and full kitchen with quartz countertops. Interior updates include recessed lighting, smooth ceilings, and custom tile flooring throughout. A bonus room with a separate entrance adds flexibility and can be easily integrated into the main home. The second unit features a primary bedroom with private bath, guest half bath, large living area, full kitchen with quartz countertops, high ceilings, and access to a balcony and sun deck. The second unit benefits from separate water, gas, and electric meters and has its own address, offering privacy and independence. In addition, the property includes an existing converted area within the main structure that was originally a garage and recreation room. This space is currently improved with a kitchen, living area, bedroom, and bathroom; however, these improvements were completed without permits for their current use. Due to its location within the main residence and existing layout, this area may offer potential to be reconfigured as an ADU, subject to buyer verification, permits, and approval by the City. Major upgrades include full copper plumbing (including the main line from the street), upgraded 200-amp electrical panel and rewiring, newer gas line from the city, newer composition shingle roof, pre-wiring for home theater in two rooms, and an 8-camera security surveillance system. Exterior highlights include an oversized RV/boat garage with approximately 11-foot clearance, a large workshop or storage space at the rear of the property with utilities and A/C, and ample gated parking. Conveniently located near Lake Balboa Park, golf course, The Japanese Garden, off-leash dog park, FlyAway bus terminal, and with easy access to the 405 and 101 freeways, this is a unique opportunity offering privacy, flexibility, and exceptional utility in a desirable Valley location. Read photo descriptions.

Rare opportunity in the heart of Van Nuys offering flexibility, income potential, and modern comfort—all on one property. This detached single-family residence features multiple living spaces that have been updated and designed to accommodate a variety of living arrangements, whether for extended family, guests, or rental use. The main home was remodeled with a refreshed kitchen and bathroom, newer windows, refinished wood floors, recessed lighting, an updated HVAC system, copper plumbing and a newer roof (4 years). The layout flows easily, featuring a spacious living area ideal for everyday living and entertaining, a dedicated dining space, and three well-proportioned bedrooms. The centrally located bathroom showcases a clean, modern design with a walk-in shower, while a convenient indoor laundry area adds everyday practicality. Behind the main residence is a separate one-bedroom, one-bath back house offering a generous living area and its own kitchen with gas cooking. Bright recessed lighting throughout gives the space a fresh feel—ideal for extended family, a private workspace, or additional income potential. Adding even more versatility, the converted garage provides additional living space with two bedrooms, a bathroom, and a kitchen, creating yet another self-contained area. The back house and converted garage share a dedicated laundry area. Step outside to a private backyard featuring a pool for relaxing, entertaining, or enjoying sunny Southern California days at home. Conveniently located near shopping, dining, and major access routes, this property stands out for its unique layout, multiple living spaces, and long-term potential—a rare find in today’s market and a compelling option for both owner-users and investors.