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7445 Amestoy Ave Lake Balboa, CA 91406
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Key Details
Sold Price $980,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,849 sqft
Price per Sqft $530
MLS Listing ID 25510823
Sold Date 07/22/25
Bedrooms 5
Year Built 1950
Lot Size 6,251 Sqft
Acres 0.1435
Property Sub-Type Multi-Family
Property Description
We are pleased to announce our newest listing in the heart of the San Fernando Valley. This charming duplex offers an exceptional owner-user opportunity. The property includes a front unit with a spacious 3-bedroomsingle-family home, while the brand-new 2024-built ADU at the back provides a modern 2-bedroom living space, complete with its own sizable yard. This layout is perfect for those looking to live in the front unit and rent out the ADU to help offset their mortgage. The two units are separated by a fence, ensuring privacy and giving the feel of two distinct homes on one lot, each with its own address. The property is fully occupied with tenants on year leases, offering immediate rental income for investors. Located in a highly desirable Van Nuys neighborhood, the property is conveniently close to Valley Village, Studio City, and a variety of shopping, retail, and entertainment options. The area is renowned for its family-friendly atmosphere and proximity to quality schools. For more information, please reach out to the listing agents.
Location
State CA
County Los Angeles
Area Lake Balboa
Zoning LAR1
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Range/Oven, Refrigerator
Exterior
Parking Features Garage - 2 Car, Garage Is Attached
Garage Spaces 1.0
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard
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Bought with Marcus & Millichap
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