13567 Valerio Street C, Van Nuys, California 91405, Van Nuys, 91405 - 2 bed, 3 bath
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Van Nuys, California 91405
This townhome presents a High-Potential Investment Opportunity with a List Price of $489,900—positioned above the $479,083 Fair Market Value by -2%. While requiring cosmetic updates, the property features a Condition Rating of 4, offering significant upside for those willing to apply a "vision" to the 1,210 sqft layout. Amenities include a pool, spa, and private patio, providing strong rental appeal. Located near Ranchito Avenue Elementary, this is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking to build sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13567 Valerio Street C Subject | $489,900* List Price | 2 | 3 | 1,210 | $396 | - |
A 13561 Valerio Street A Sold | $615,000 | 3 | 3 | 1,325 | $464 | 0.0 mi |
B 7422 Hazeltine Avenue 7 Sold | $470,000 | 2 | 3 | 1,114 | $422 | 0.6 mi |
C 7320 Lennox Avenue D11 Sold | $380,000 | 2 | 2 | 1,079 | $352 | 0.9 mi |
D 13951 Sherman Way 308 Sold | $511,000 | 2 | 2 | 1,100 | $465 | 0.5 mi |
E 7300 Lennox J5 Active | $410,000 List Price | 2 | 2 | 971 | $422 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the property is nearly 50 years old and remains largely dated with 1970s-era wrought iron railings, popcorn ceilings, and older tile flooring. While the kitchen shows a past partial renovation (granite counters), the overall aesthetic and the listing's emphasis on needing 'creativity' and 'vision' indicate it requires significant cosmetic updates and likely system maintenance to meet modern standards.
Elementary School: Kester Avenue Elementary School (9/10).
Priced as a starter home, this property offers a prime opportunity for 'sweat equity,' allowing buyers to build immediate equity through cosmetic renovations and personal upgrades.
The 1,210 sqft floor plan is highly functional, featuring three bathrooms, a rare direct-access garage, and dual outdoor spaces including a private balcony and a lower-level patio.
The property is marketed in a condition that requires a 'paintbrush and vision,' meaning buyers will need to budget for immediate repairs and updates upon possession.
The $450 monthly association fee is a significant recurring expense that may impact the purchasing power and monthly affordability for first-time homebuyers.
Starter home opportunity in Van Nuys bring your creativity, paintbrush, and vision to make this townhome your own. With endless potential, this home is perfect for a first-time buyer or anyone looking to create something truly special in a peaceful community. The property features 2 bedrooms, 3 bathrooms, and approximately 1,200 square feet of living space, along with a garage offering direct access to the home. Enjoy your morning coffee on the private balcony, or entertain guests on the lower-level patio ideal for outdoor dining and relaxing evenings.The community amenities include a recreation room, pool, spa, and beautifully maintained garden grounds perfect for evening walks. This townhome offers incredible upside and the opportunity to design a space that reflects your personal style and vision.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 78% |
| Square foot | 1,210 | 1,070.5 | 83% |
| Lot Size | 141,886 | 80,189 | 67% |
| Price | $489.9K | $435.0K | 78% |
| Price per sq ft | $405 | $420 | 33% |
| Built year | 1976 | 1980 | 28% |
| HOA | $450.0 | $455 | 50% |
| Days on market | 19 | 117 | 11% |
May 18, 2026
$489,900
Initial Listing
Feb 16, 2006
$315,000
Public Record