7530 Gaviota Avenue, Van Nuys, CA 91406
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
Listed by: roddy de la garza, stephanie jex
Office: epique realty
MLS#:CL26943911
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,195,000
- Price per sq. ft.:$638.01
About this home
A RARE, FULLY VACANT TWO-RESIDENCE INCOME PROPERTY WITH PROJECTED COMBINED RENT OF APPROXIMATELY $7,390 PER MONTH. No existing tenants, no existing leases, and no waiting for units to become available. The next owner can select tenants, establish rents, and put both residences to work immediately. Offered at $1,195,000 with projected annual gross income of approximately $88,680, the investment calculates to a 13.48 pro forma GRM and an estimated 5.2% pro forma cap rate based on projected rents and expenses. The property combines a substantially renovated 2-bedroom, 2-bath main residence with a permitted, NEW-CONSTRUCTION 1-bedroom, 1-bath ADU with private access and its own outdoor area. The main residence also features a former third bedroom with a closet, now configured as a flexible work, office, den, or podcasting space, an especially useful feature for today's work-from-home lifestyle. Major improvements include plumbing, electrical, HVAC, sewer to ADU, tankless water heater, pool finish, landscaping, gates, driveway, and more. Projected rents are approximately $4,895/month for the main residence and $2,495/month for the ADU. The seller may be willing to install utility submetering as negotiated with the buyer. Additional features include a private swimming pool, multiple outdoor areas, and off-street parking for up to three vehicles. For an investor, this is an opportunity to acquire two improved residences completely vacant and establish a rental program from a clean slate. For an eligible owner-occupant, the property may also offer the opportunity to live in one residence, rent the other, and explore low-down-payment FHA or VA financing, with qualifying ADU income potentially considered by the lender, subject to applicable program requirements. Projected rental income, NOI, GRM, and cap rate are pro forma estimates only and should be independently verified by the buyer and their agent....
Contact an agent
Home facts
- Year built:1948
- Listing ID #:CL26943911
- Added:10 day(s) ago
- Updated:September 14, 2026 at 02:39 PM
Rooms and interior
- Bedrooms:3
- Living area:1,873 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric, Wall Furnace
- Central air:Yes
Structure and exterior
- Year built:1948
- Building area:1,873 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Back Yard
- Construction Materials:Stucco, Wood Siding
- Exterior Features:Back Yard
Finances and disclosures
- Price:$1,195,000
- Price per sq. ft.:$638.01
Features and amenities
- Amenities:Smoke Detector(s)
New listings near 7530 Gaviota Avenue
- Coming Soon
$949,900Coming Soon3 beds 2 baths1,799 sq. ft.13916 Cohasset Street, Van Nuys, CA 91405
MLS# SR26199905Listed by: PARK REGENCY REALTY - Coming SoonOpen Sat, 1 to 5pm
$729,000Coming Soon2 beds 1 baths1,144 sq. ft.7357 Anatola Avenue, Lake Balboa, CA 91406
MLS# SR26200086Listed by: CLEAR WAY REAL ESTATE - Coming SoonOpen Sat, 2 to 4pm
$415,000Coming Soon2 beds 2 baths790 sq. ft.6250 Fulton Avenue #105, Van Nuys, CA 91401
MLS# WS26192500Listed by: LPT REALTY, INC - Coming SoonOpen Sat, 12 to 4pm
$614,900Coming Soon3 beds 3 baths1,383 sq. ft.6540 Hayvenhurst Avenue #35, Lake Balboa, CA 91406
MLS# OC26197162Listed by: KELLER WILLIAMS REALTY - Open Sun, 1 to 4pmNew
$965,000Active3 beds 2 baths1,426 sq. ft.7453 Blewett Avenue, Lake Balboa, CA 91406
MLS# SR26200794Listed by: COLDWELL BANKER QUALITY PROPERTIES - Open Tue, 11am to 2pmNew
$1,998,000Active3 beds 3 baths1,908 sq. ft.5320 Wortser Avenue, Los Angeles, CA 91401
MLS# 26866675Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$1,500,000Active10 beds 8 baths3,774 sq. ft.14212 Vanowen Street, Van Nuys, CA 91405
MLS# SR26199822Listed by: RE/MAX OF SANTA CLARITA - Open Fri, 11am to 1pmNew
$775,000Active4 beds 3 baths1,728 sq. ft.15735 Wyandotte, Van Nuys, CA 91406
MLS# PF26183410Listed by: REDFIN CORPORATION - Open Tue, 11am to 2pmNew
$1,295,000Active3 beds 3 baths2,289 sq. ft.5518 Saloma Avenue, Sherman Oaks, CA 91411
MLS# 26987113Listed by: PINNACLE ESTATE PROPERTIES - New
$725,000Active3 beds 3 baths1,401 sq. ft.14671 Sherman Way, Van Nuys, CA 91405
MLS# PF26198567Listed by: BALBOA REAL ESTATE, INC.