14642 Runnymede, Van Nuys, CA 91405

Description

Welcome to the ultimate turnkey income property! This fully remodeled Home is completely move-in ready; no additional work is needed. Rent it out and start generating consistent cash flow from day one. The property includes Main House: 3 bed / 2 bath, was rented for $4,600/month, Junior ADU: 1 bed / 1 bath, was rented for $2,000/month. Detached ADU: 1 bed / 1 bath, was rented for $2,500/month. The unit offers private entrances, fenced access, separate mailboxes, and in-unit washer/dryers for added convenience. Enjoy peace of mind with brand-new HVAC systems, a newly built attic for extra storage, and a fully paid-off solar panel system valued at $40,000. Installed three separate electric meters to keep utilities organized and efficient. Located in a high-demand rental area, this low-maintenance property offers strong returns and is ideal for both long-term tenants and short-term rental strategies. Don't miss this unbeatable investment opportunity. Start building generational wealth today! Generating over $9k in monthly revenue, this beautifully remodeled property in Van Nuys offers an exceptional investment opportunity. This property perfectly balances modern living with impressive rental income potential, featuring a stylish main residence and two additional private units. The primary home at 14642 Runnymede St boasts excellent curb appeal and a completely renovated open-concept design. Recessed lighting and new flooring flow throughout, creating a bright and welcoming atmosphere. The spacious living room is filled with natural light, while the sleek, neutral-toned kitchen features ample cabinetry, generous counter space, brand-new stainless steel appliances, a stylish island, and an adjacent dining area as well as access to a beautifully landscaped backyard, ideal for hosting or relaxing. Central air and heating ensure year-round comfort. With 3 bedrooms and 2 bathrooms. Adding to the property's value are 2 separate accessory dwelling units, each with its address. The JADU at 14642 1/2 Runnymede St is a well-appointed 1-bedroom, 1-bathroom unit featuring a full kitchen with plenty of storage, new appliances, recessed lighting, laminate flooring, efficient heating and cooling, a private area for washer and dryer, and a charming side yard. The full ADU at 14644 Runnymede St, positioned at the rear of the lot for added privacy, offers a spacious 2-bedroom, 2-bathroom layout with a modern kitchen, recessed lighting, and direct access to a generous private Patio.

Features

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• 0.15 Acres
• 1 Story