CA > Van Nuys
Van Nuys, CA 91405,13918 Valerio Street
Van Nuys, CA 91405,13918 Valerio Street
Van Nuys, CA 91405,13918 Valerio Street
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$949,900
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5 Beds
4 Baths
Active

13918 Valerio Street Van Nuys, CA 91405

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Patty Doyle

Patty Doyle

+1(619) 886-0321

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25023556

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

Property Description

Spacious Lot with Development Opportunity Ideal for Investors or Owner-Occupants This property sits on a generous 8,971 sq ft lot and features two separate structures offering significant potential for improvement and value appreciation. The front building includes a 3-bedroom, 2-bathroom unit, while the rear structure consists of two 1-bedroom, 1-bathroom unitsproviding flexible living or rental options. With value-add potential, new ownership could renovate, select new tenants, or explore additional income opportunities. There is the possibility to legalize existing non-conforming spaces and/or add ADUs.* Key Features: Zoned as a Duplex, currently used as three units Ideal for investors seeking rental income or redevelopment Excellent potential for adding detached ADUs or converting existing space* Sold as-is, where-is Recent California legislation, such as SB 1211, may allow up to eight detached ADUs on multifamily lotsoffering exciting possibilities for expansion. While lot size contributes to development feasibility, in Los Angeles, the number of permitted ADUs is not solely based on square footage. Whether for multigenerational living, guest accommodations, or additional rental income, the options are numerous.* *Buyer to perform their own due diligence. All information provided is deemed reliable but not guaranteed and is for reference purposes only.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Xst. Ranchito Ave, west of Woodman Ave, north of Vanowen St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 2216003038

MLS Router / San Diego MLS
Listed by Ricardo Munoz Excellence RE Real Estate

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Patty Doyle

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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13918 Valerio Street

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