13918 Valerio Street, Van Nuys, CA 91405

  • $949,900
13918 Valerio Street, Van Nuys, CA 91405
Active
13918 Valerio Street, Van Nuys, CA 91405
13918 Valerio Street, Van Nuys, CA 91405
  • $949,900

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 units—providing 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 lots—offering 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.

  • Address 13918 Valerio Street
  • City Van Nuys
  • State/county CA
  • Zip/Postal Code 91405
  • Country US

Details

Updated on July 8, 2025 at 7:18 pm
  • Property ID: DW25023556
  • Price: $949,900
  • Property Size: 1264 Square Feet
  • Land Area: 0.2059 Acres
  • Garage Size: x x
  • Year Built: 1953
  • Property Type: Duplex, Residential Income
  • Property Status: Active

Contact Information

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  • Hoyt Hochman