Property Detail

Description

Welcome to 15022 Sylvan Street, a one-of-a-kind corner-lot property in the heart of Van Nuys offering versatility, value-add potential, and a rare multi-parcel opportunity. Set on an 8,053-square-foot lot, this 1,454-square-foot Traditional Ranch was thoughtfully reconfigured to serve as the primary residence in a private two-home family compound, with the adjacent property at 6268 Norwich Avenue converted into a dedicated game and entertainment house. Inside Sylvan, the layout includes one bedroom and two bathrooms (assessor shows 2/2). It features a chef-caliber kitchen complete with a Sub-Zero refrigerator, double oven, gas cooktop, built-in espresso machine, double dishwasher, and butler's pantry—an exceptional setup rarely seen in this price range. The garage has been converted into a bonus room and bedroom, and the second bathroom is accessible from the exterior, making it ideal for a future guest suite or ADU (unpermitted). The home is sold as-is and likely won't qualify for traditional financing due to the unfinished bath, making it best suited for cash buyers, developers, or investors with vision. Next door at 6268 Norwich Avenue, the second half of this compound offers three bedrooms and one bathroom across 1,143 square feet on an 8,102-square-foot lot. This home was purposefully transformed into a creative, entertainment-driven retreat — complete with a bar-style kitchen, lofted living space, and a converted garage that now serves as a private movie theater. Its layout and vibe make it the perfect complement to Sylvan, enhancing the compound's overall versatility and appeal. A key highlight is the lack of a dividing fence between the two properties. The combined outdoor space flows as one large estate, totaling over 16,000 square feet of flat land with endless possibilities. Whether you're envisioning multi-generational living, income-producing ADUs, or exploring SB 9 redevelopment, this setup is both rare and valuable. Both homes are held in the same trust, and the preference is to sell them together as a package. This is an exceptional opportunity to acquire two side-by-side parcels intentionally designed to function as a single connected property—a layout nearly impossible to replicate in today's Van Nuys market. Whether you're looking to build, rent, reconfigure, or hold, Sylvan and Norwich offer a strategic, flexible investment with significant upside in a centrally located, fast-growing neighborhood in the San Fernando Valley.