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About the Listing CLW-X8257501 - CLW-C141956
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 own address. The JADU at 14642 1/2 Runnymede St is a well-appointed 1-bedroom, 1-bathroom unit featuring a full kitchen with ample storage, new appliances, recessed lighting, laminate flooring, efficient heating and cooling, a private area for a 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 1-bedroom, 1-bathroom layout with a modern kitchen, recessed lighting, and direct access to a generous private Patio.
Listing Highlights for 14642 Runnymede St
Status
Active
Days on Site
122
Property Type
Residential
MLS ®
25536004
Year Built
1958
Total Square Footage
2,509
Lot/Acreage
0.15
County
Los Angeles
Area
VN - Van Nuys
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Oven
- Air Cond: Central Air
- Heating: Central
- Fireplaces: Family Room,Gas,Kitchen
- Floor: Laminate,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: LAR1
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2218005002
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
14642 Runnymede St Van Nuys, CA 91405
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