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15021 15023 Sylvan, Van Nuys CA, 9141164089332655873120
15021 15023 Sylvan, Van Nuys CA, 9141164089332655873121
15021 15023 Sylvan, Van Nuys CA, 9141164089332655873122
$899,995
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15021 15023 Sylvan, Van Nuys CA, 91411

address15023 Sylvan St

Description

contect:6576665000 wechat:chuanqit ​🏡 Duplex Development Opportunity | Main House: 4BR + 2BA • ADU: 2BR + 1BA • Permits Ready • Investor/Builder Dream • Near Freeways & Schools​​ Turnkey Plans • Master Suite Addition • Garage Conversion • Rental Income Potential • Ideal for Flippers or Long-Term Hold Welcome to a ​​prime development opportunity​​ in a ​​convenient and growing area​​! This ​​property features a main house (4 bedrooms, 2 bathrooms) with a permitted master suite addition, plus a detached garage conversion ADU (2 bedrooms, 1 bathroom)​​ — ​​all city-approved permits and plans are paid and ready to transfer​​ — allowing you to ​​start construction immediately​​ and ​​build equity fast​​ — perfect for ​​investors, builders, or homeowners​​ seeking a ​​high-upside project​​ with ​​strong rental income potential​​ near ​​schools, shopping, and freeways​​. ✨ ​​Property Highlights​​ ​​Main House (15021)​​ — 4 bedrooms, 2 bathrooms, approx. 1,381 sq ft — including permitted master suite addition — spacious and versatile ​​Detached ADU (15023)​​ — 2 bedrooms, 1 bathroom, approx. 584 sq ft — garage conversion — ideal for rental income or multi-gen living ​​Fully permitted and approved​​ — all plans, permits, and fees paid — ready for immediate construction ​​Design flexibility​​ — finish with your own touches — customize to market tastes or personal style ​​Strong bones and layout​​ — solid foundation for upgrades — minimize structural costs 💼 ​​Investment & Development Potential​​ ​​Built-in equity opportunity​​ — purchase below finished value — significant profit potential after completion ​​Dual rental income stream​​ — rent both units separately — maximize cash flow ​​Long-term hold appeal​​ — strong area growth and demand — solid appreciation upside ​​Fix-and-flip or buy-and-hold​​ — adaptable to your strategy — high ROI potential ​​Multi-generational living option​​ — live in one unit, rent the other — flexible usage 🛠️ ​​Project Readiness​​ ​​Permits and plans included​​ — avoid delays and costs — transfer smoothly to new owner ​​Construction can start immediately​​ — save time and capital — fast track to completion ​​Ideal for experienced flippers or first-time developers​​ — straightforward project with clear path 📍 ​​Prime Location​​ ​​Easy freeway access​​ — commute to major employment centers — effortless connectivity ​​Near schools and shopping​​ — family-friendly and convenient — attracts tenants or buyers ​​Growing neighborhood​​ — increasing demand and value — strong market fundamentals 💰 ​​Financial Upside​​ ​​Pre-permitted premium​​ — rare and highly valuable — avoids approval risks ​​ADU + main house combo​​ — high demand from renters or multi-gen families — commands top rent ​​Cost-effective finish-out​​ — leverage existing permits and plans — control budget and timeline ​​Strong post-construction value​​ — significantly higher than project cost — instant equity capture 🎯 ​​Perfect For​​ ​​Real estate investors​​ seeking a high-return project with approved plans and quick start ​​Builders/developers​​ wanting a manageable project with clear permits and strong end-value ​​Homeowners​​ looking to build equity with a live-in opportunity and rental income ​​Landlords​​ aiming to add a turnkey rental property to their portfolio ⚠️ ​​Due Diligence Tips​​ ​​Review all permits and plans with a contractor​​ — confirm scope, costs, and timeline — budget accurately ​​Inspect existing structures​​ — foundation, roof, plumbing, electrical — assess rehab needs ​​Check zoning and ADU regulations​​ — ensure compliance and rental allowances — avoid issues ​​Get quotes from multiple contractors​​ — compare bids and timelines — maximize efficiency ​​Analyze post-renovation comps and rental rates​​ — project ARV and cash flow — underwrite carefully ​​🌟 Don’t Wait — This Development Gem Is a Rare Find!​​ Pre-permitted duplex projects with ADUs in convenient locations are highly sought after. Schedule a tour today and see the layout, permits, and potential for yourself! Contact us for permit copies, contractor referrals, or a private viewing! 🔹 Ideal for cash, hard money, or construction loans 🔹 Quick close possible ​​Build your wealth — where opportunity, convenience, and demand meet.​​ 🛠️💰 ​​Note:​​ Buyer to verify all permits, zoning, and construction feasibility. Perfect for motivated investors or builders ready to capitalize on a turnkey development opportunity in a well-located neighborhood!


Location
15023 Sylvan St
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