15331 Lemay Street, Van Nuys, CA — listing photo 1
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FOR SALENew Listing

15331 Lemay Street

Van Nuys, CA 91406
6 Beds
5 Baths
2,683 Sq Ft
Built 1942
$1,425,000

Property Overview

**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 of Van Nuys offers easy and convenient access to the 405 and 101 freeways, as well as all the shops and restaurants along the bustling Sepulveda Boulevard corridor. Fishing, kayaking, golfing, miles of scenic paths and a host of other outdoor activities at Lake Balboa and the Sepulveda Basin Recreation Area are all just minutes away. Both units currently occupied but can be delivered vacant or with tenant in place. Units may also be delivered furnished and turnkey mid-term rental ready. PLEASE DO NOT DISTURB OCCUPANTS OR WALK PROPERTY – DRIVE-BY ONLY. NOTE: Property address is actually 15333 Lemay St. (15331 is being used for listing purposes only).

Home Details

Property type
Residential - Single Family Residence
Year built
1942
Living area
2,683 sq ft
Lot size
6,756 sq ft
Parking
3 spaces
Stories
1
Days on market
1
Full bathrooms
4
MLS status
Active
Architectural style
Contemporary,Modern
Zoning
R1-1-RIO

Features & Amenities

Interior

  • Wet Bar
  • Breakfast Bar
  • Cathedral Ceilings
  • High Ceilings
  • Open Floorplan
  • Quartz Counters
  • Recessed Lighting
  • All Bedrooms Down
  • Bedroom On Main Level
  • Entrance Foyer
  • Main Level Primary
  • Primary Suite
  • Walk In Closets

Appliances

  • Electric Range
  • Microwave
  • Refrigerator
  • Range Hood
  • Tankless Water Heater
  • Vented Exhaust Fan
  • Dryer
  • Washer

Parking

  • Driveway
  • Uncovered

Pool

  • None

Lot

  • Zero To One Unit Acre
  • Back Yard
  • Drip Irrigation Bubblers
  • Sprinklers In Rear
  • Sprinklers In Front
  • Lawn
  • Landscaped
  • Near Park
  • Rectangular Lot
  • Sprinklers Timer
  • Sprinkler System
  • Street Level
  • Yard

Exterior

  • Lighting
  • Rain Gutters

Community, Schools & Utilities

Community

View
None

Schools

School district
Los Angeles Unified
Elementary school
Columbus
Middle school
Fulton
High school
Van Nuys

Utilities

Heating
Central,Ductless,EnergyStarQualifiedEquipment,HighEfficiency,HeatPump
Cooling
CentralAir,Ductless,Electric,EnergyStarQualifiedEquipment,HighEfficiency,HeatPump
Electric
Volts220InKitchen,Volts220InLaundry,PhotovoltaicsSellerOwned,Standard
Sewer
PublicSewer

Location & Neighborhood

15331 Lemay Street

Van Nuys, CA 91406

Frequently Asked Questions About 15331 Lemay Street

Property type: Residential

The current asking price is $1,425,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 15331 Lemay Street. Our team will confirm availability and timing.
This 6 bedrooms and 5 bathrooms property offers approximately 2,683 square feet of living space. It was built in 1942. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Van Nuys, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Van Nuys property.
The MLS currently reports the property as Active. It has been listed for 1 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Randy Hui
MLS ID: DWHUIRAN

Available property

$1,425,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.