EXCEPTIONAL INVESTMENT OPPORTUNITY | MULTI-UNIT INCOME PROPERTY WITH 2 PERMITTED ADUs Welcome to 15744 Saticoy Street — a rare and versatile income-producing property in the heart of Van Nuys offering multiple permitted structures on one lot, with tremendous upside for investors, owner-occupants, or developers. This unique offering features a main residence plus two permitted Accessory Dwelling Units (ADUs) on its own separate meters and there can be additional built structure behind the house, formerly operated as an assisted living facility — providing a proven rental history and exceptional flexibility for a variety of future uses. The property currently generates rental income with two existing tenants in place, offering immediate cash flow from day one. The main home and ADUs provide a combined layout with multiple bedrooms, multiple bathrooms, and separate kitchens, offering true independence and privacy for each unit. Highlights include beamed wood-panel ceilings, ceiling fans, in-unit laundry hookups, a large covered carport with assigned parking spaces, and gated/secured access. The expansive lot is lined with mature cypress and pine trees providing natural privacy and curb appeal. Whether you're looking to maximize rental income, or explore assisted living/group home potential, this property checks every box. With LA's housing demand at an all-time high and permitted ADUs already in place, this is truly a turnkey investment with value-add potential.