13 days on rocket

6437 Graves Ave, Van Nuys, CA, 91406

$1,399,999

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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6437 Graves Ave, Los Angeles$1,399,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1955
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewCity Lights
MLS #SR24080951
Lot Size0.16 Acres
StatusActive

About 6437 Graves Ave

Welcome to your income-generating retreat in Lake Balboa, where every detail is designed for comfort and convenience! This property offers a unique blend of versatility and charm, featuring a 3-unit setup with the simplicity of loan qualification as a Single Family Residence. Upon entering the main house, you’re greeted by inviting spaces, including high ceilings and a cozy brick fireplace, creating a warm atmosphere for relaxation. Laminate and tile flooring add a touch of sophistication, while the expansive kitchen beckons with stone countertops, stainless steel appliances, and ample room for culinary creativity. A separate dining area and convenient powder room enhance the functionality of the space, while the individual laundry room streamlines chores with its included washer and dryer. At the front of the house, you’ll find a sprawling walk-in coat closet, providing easy access to storage for your outerwear and belongings. Two generously sized bedrooms share a full bath, while the primary bedroom suite offers his and hers closets, an ensuite 3/4 bath, and access to a vast enclosed patio—perfect for unwinding or entertaining guests. Step outside to your own private backyard oasis, complete with a grassy area for your furry friends to roam, an outdoor sink for added convenience, a large storage unit for all your essentials, and a custom-built seating area surrounding a cozy firepit—ideal for gathering under the stars. Additionally, there are three parking spaces available in the driveway. The (64391/2 Graves Ave) ADU, constructed in 2024, and the (6439 Graves Ave) JADU, built in 2023, offer additional income potential. This property’s location adds to its appeal, with Birmingham High School and Mulholland Middle School nearby, as well as easy access to Van Nuys Airport, Lake Balboa Park, golf courses, and the 405 and 101 freeways—making commuting a breeze. Experience the comfort and versatility of this meticulously renovated property, originally built in 1955 and fully revamped in recent years. Don’t miss out on the opportunity to own a piece of Lake Balboa’s vibrant real estate scene. Schedule a viewing today and discover the potential of this income-generating gem!

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 1

Listing Office:

  • Office Name: Re-Search Concept
  • Office Phone: (818) 967-9626
  • Listing Agent: Caroline Harabedian

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Disposal, Gas Water Heater, Water Heater, Dryer, Washer
  • Flooring Type: Tile, Vinyl, Wood
  • Interior: High Ceilings, Open Floorplan, Stone Counters, Recessed Lighting, Track Lighting, Main Level Primary, Walk-In Closet(s)
  • Fireplace: Living Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Sprinklers In Front, Lawn
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • William Mulholland Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Lemay Street Elementary School, Public District Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: Between Louise & Aldea, North of Victory

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,999

Tax Information:

  • Annual Amount: $5,890
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

6437 Graves Ave vs Los Angeles

13 DAYS ON ROCKET

-21 Days

$1,399,999

+$413.5K More

KEY TAKEAWAY

This property is $413.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24080951

Listing Office:

  • Office Name: Re-Search Concept
  • Office Phone: (818) 967-9626
  • Listing Agent: Caroline Harabedian

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 1:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 05, 2000Home Sold
$210,000
Sep 29, 1997Home Sold
$167,500
Jun 29, 1988Home Sold
$199,500

Tax History

YEARPROP. TAXASSESSMENT
2021$5,890$470,196
2020$5,718$465,375
2019$5,608$456,251
2018$5,486$447,305
2017$5,486$438,535

History based on county public records data.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7582003
7
/10

  • Lemay Street Elementary School

  • 17520 Vanowen St

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-7582004
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 7.89 miles

  • Public Magnet Grades 1-5

school-card-donut-7582005
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 11.79 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-7582006
4
/10

  • William Mulholland Middle School

  • 17120 Vanowen St

  • 0.31 miles

  • Public Magnet Grades 6-8

school-card-donut-7582007
4
/10

  • Studio

  • 2211 W Avenue 30

  • 16.62 miles

  • Public District Grades 6-8

High School

school-card-donut-7582008
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 0.47 miles

  • Public Magnet Grades 9-12

school-card-donut-7582009
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 19.93 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,932. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6437 Graves Ave

What is the listing price of this property?

The listing price of 6437 Graves Ave property is $1,399,999.

What type of property is this?

The property 6437 Graves Ave is a house located in Van Nuys, California, 91406.

Is this property for sale now?

Active Listing: 6437 Graves Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 6437 Graves Ave are:
Lemay Street Elementary School: GreatSchools Rating 7/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
William Mulholland Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,890 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 5, 2000 for $210,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 6437 Graves Ave is 1955.

Rocket Homes›California›Los Angeles County›Los Angeles›91406›6437 Graves Ave

This home is located at 6437 Graves Ave in Van Nuys, CA and zip code 91406 in the Lake Balboa neighborhood. This home, which was built in 1955, sits on a 0.16 acre lot. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $1,399,999.

While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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