15331 Lemay Street
Van Nuys, CA 91406
Listing broker / agent: Realty One Group United · Randy Hui · 310-709-8898 · CRMLS
MLS # DW26210804 · Last checked Oct 19, 2026 05:53 UTC
About this property
**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).
Property details
- MLS number
- DW26210804
- Status
- Active
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 6 Beds • 5 Baths
- Living area
- 2,683 Sq Ft
- Lot size
- 0.1551 acres
- County
- Los Angeles
- Year built
- 1942
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 14
Building
- Year built
- 1942
- Year built source
- Public Records
- Architectural style
- Contemporary, Modern
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 1
- Construction
- Drywall, Fiber Cement, Glass, Concrete, Stucco, Vertical Siding, Copper Plumbing
- Roof
- Asphalt, Membrane
- Foundation
- Slab
- Condition
- Turnkey
- Living area source
- Owner
Bathrooms
- Full bathrooms
- 4
- Three-quarter bathrooms
- 1
Rooms & interior
- Main-level bedrooms
- 5
- Main-level bathrooms
- 5
- Rooms
- Bonus Room, Bedroom, Den, Entry Foyer, Family Room, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Other
- Appliances
- Electric Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Dryer, Washer
- Interior features
- 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
- Flooring
- Vinyl
- Heating
- Central, Ductless, Energy Star Qualified Equipment, High Efficiency, Heat Pump
- Cooling
- Central Air, Ductless, Electric, Energy Star Qualified Equipment, High Efficiency, Heat Pump
- Fireplace
- None
- Laundry
- Washer Hookup, Electric Dryer Hookup, Inside, Stacked
- Accessibility features
- No Stairs, Accessible Doors, Accessible Entrance, Accessible Hallways
Exterior & parking
- Total parking spaces
- 3
- Garage spaces
- 0
- Parking
- Driveway, Uncovered
- Pool
- None
- Spa
- None
- Patio / porch
- Concrete, Front Porch, Open, Patio, Porch, See Remarks
- Exterior features
- Lighting, Rain Gutters
- Lot features
- 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
- Lot size source
- Public Records
- Fencing
- New Condition, Privacy, Wood
- Property outlook
- None
Utilities & community
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Community features
- Foothills, Hiking, Near National Forest, Park
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Schools reported in the listing
- Elementary school
- Columbus
- Middle / junior school
- Fulton
- High school
- Van Nuys
- High school district
- Los Angeles Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Columbus Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Van Nuys | K–5 | 0.2 mi |
| Bassett Street Elementary (school website, opens in a new tab) Los Angeles Unified · Lake Balboa | K–5 | 0.6 mi |
| Sylvan Park Elementary (school website, opens in a new tab) Los Angeles Unified · Van Nuys | K–5 | 0.7 mi |
| Van Nuys Senior High (school website, opens in a new tab) Los Angeles Unified · Van Nuys | 9–12 | 0.8 mi |
| Will Rogers Continuation (school website, opens in a new tab) Los Angeles Unified · Van Nuys | 9–12 | 0.8 mi |
| Valerio Street Elementary (school website, opens in a new tab) Los Angeles Unified · Van Nuys | K–5 | 1.0 mi |
| Valley Charter Middle (school website, opens in a new tab) Los Angeles Unified · Van Nuys | 6–8 | 1.0 mi |
| Lashon Academy (school website, opens in a new tab) Los Angeles County Office of Education · Van Nuys | K–8 | 1.1 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,425,000
- MLS-reported original asking price
- $1,425,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 15, 2026 02:04 | $1,425,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Van Nuys
Active residential homes for sale in Van Nuys, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
14 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 07:33 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
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