Seller's Agent in 2025
Cesar Leyva
Avenue Homes
(424) 202-4243
1 in this area
42 Total Sales
Estimated Value: $1,236,350 - $1,315,000
Exceptional Midvale Estates Home with Extensive ADU Potential. Discover the epitome of modern living and investment potential in the prestigious Midvale Estates neighborhood of Van Nuys, CA. This beautifully remodeled single-family home sits on a sprawling 11,300 sq. ft. lot and offers an unparalleled opportunity for creating generational wealth. With 4 bedrooms, 3 bathrooms, and a host of additional features, this property is perfect for families and investors alike. As you step inside, you'll be greeted by a bright and airy open concept living area, seamlessly connecting the living room, dining area, and gourmet kitchen. The kitchen is a culinary masterpiece, featuring new appliances, custom cabinetry, and an expansive eat-in bar area with quartz countertops ideal for casual meals and entertaining. The master suite is a private sanctuary with a luxurious en-suite bathroom that boasts a new vanity, a lighted vanity mirror, and a separate shower. Three additional bedrooms offer ample space for family, guests, or a home office. What sets this property apart is its incredible investment potential. The property features a RARE opportunity to build 3 separate detached ADU's using Senate Bill SB9. Save Money by converting the existing detached 3-car garage (approx.. 630 sqft.) and the detached 2-car garage (nearly 400 sqft.) with approved RTI plans for a 2-story ADU build (1st Unit). Additionally, a separate detached 2-car garage and covered carport/breezeway with plans submitted for a Junior ADU conversion (2nd Unit). At the Northeast corner of the property, architectural plans have already been submitted for a brand-new, detached 3-bedroom, 3-bathroom ADU (3rd Unit). This extensive ADU potential makes the property an ideal long-term rental hold, allowing you to maximize your rental income and instantly create generational wealth. With the flexibility to develop multiple living spaces, this property is rare in a prime location. Located in the heart of Midvale Estates, this home offers easy access to parks, top-rated schools, shopping, and dining. Midvale Estates is one of the most famous filming neighborhoods in Los Angeles because it looks like "Anywhere USA." Home to many commercial shoots, films, and TV Production. Residents in this area can benefit from renting out their homes and earn additional income. Don't miss this unique opportunity to own a property that combines luxurious living with unmatched investment potential. Schedule your private showing today!
Co-Listed By
Maria Provenzano
Avenue Homes License #01783347
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Flux Tech Llc | -- | None Listed On Document | |
| Gevorgyan Maria | $1,300,000 | Orange Coast Title Company | |
| Gevorgyan Maria | -- | Orange Coast Title Company | |
| Noor Foundation Trust | -- | None Listed On Document | |
| Marashlian Joseph | $1,110,000 | First American Title | |
| Renovate Properties Llc | $760,000 | First American Title | |
| M & R Enterprises | $950,000 | First American Title |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gevorgyan Maria | $975,000 | |
| Previous Owner | Marashlian Joseph | $888,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $1,300,000 | -3.7% | $610 / Sq Ft | |
| 01/25/2025 01/25/25 | Pending | -- | -- | -- | |
| 11/22/2024 11/22/24 | For Sale | $1,350,000 | +21.6% | $633 / Sq Ft | |
| 01/26/2024 01/26/24 | Sold | $1,110,000 | -1.8% | $521 / Sq Ft | View Prior Sale |
| 01/10/2024 01/10/24 | Pending | -- | -- | -- | |
| 01/06/2024 01/06/24 | For Sale | $1,129,950 | -- | $530 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,786 | $1,132,200 | $804,984 | $327,216 |
| 2024 | $11,786 | $950,000 | $665,000 | $285,000 |
| 2023 | $3,057 | $229,419 | $82,875 | $146,544 |
| 2022 | $2,922 | $224,921 | $81,250 | $143,671 |
| 2021 | $2,876 | $220,511 | $79,657 | $140,854 |
| 2019 | $2,793 | $213,973 | $77,296 | $136,677 |
| 2018 | $2,678 | $209,779 | $75,781 | $133,998 |
| 2016 | $2,537 | $201,636 | $72,840 | $128,796 |
| 2015 | $2,501 | $198,608 | $71,746 | $126,862 |
| 2014 | $2,519 | $194,718 | $70,341 | $124,377 |
Seller's Agent in 2025
Cesar Leyva
Avenue Homes
(424) 202-4243
1 in this area
42 Total Sales
M
Seller Co-Listing Agent in 2025
Maria Provenzano
Avenue Homes
Buyer's Agent in 2025
Gary Keshishyan
Pinnacle Estate Properties
(818) 606-6069
30 in this area
548 Total Sales
Seller's Agent in 2024
Raz Reichfeld
Keller Williams Realty Calabasas
(818) 612-8283
1 in this area
58 Total Sales
Source: The MLS
MLS Number: 24-466527
APN: 2234-017-033
Ask me questions while you tour the home.