9
See all 9 photos
$949,900
Est. payment /mo
8,969 Sqft Lot
Active
13918 Valerio ST Van Nuys, CA 91405
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25023556
HOA Y/N No
Year Built 1953
Annual Tax Amount $3,562
Lot Size 8,969 Sqft
Property Sub-Type Duplex
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 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.
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.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LAR1
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Driveway
Pool None
Community Features Urban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2216003038
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Trust Conveyance
Listing Terms Cash, Cash to New Loan, Conventional, FHA, Trust Conveyance
Special Listing Condition Standard, Trust
Listed by Ricardo Munoz Excellence RE Real Estate 562-569-1371
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