Welcome to 7146 Ranchito Avenue, a wonderful opportunity in the heart of Van Nuys! This charming single-family home features 2 bedrooms, 1 bathroom, and a versatile bonus room, on a generous 8,523 square foot lot. Recently remodeled with enhancements, the home boasts a functional layout filled with natural light, a well-designed kitchen, and comfortable living areas. The property includes a paid-off solar panel system, a gated front driveway, and an attached 1-car garage, providing both security and convenience. The spacious backyard presents endless possibilities, whether you want to create a relaxing outdoor retreat, expand the home, or build an ADU. Additionally, this property offers a rare opportunity to develop a new 3,900 SF home with an ADU and Junior ADU. Situated on a quiet, tree-lined street just south of Sherman Way, this home is ideally located near schools, shopping, dining, and major freeways, ensuring easy access to everything the San Fernando Valley has to offer. Don't miss out on this incredible investment or homeownership opportunity—schedule your private tour today!