13918 Valerio Street, Van Nuys, California 91405, Van Nuys, 91405 - bed, bath

13918 Valerio Street, Van Nuys, California 91405 home-pic-0

13918 Valerio Street

Van Nuys, California 91405

ACTIVE
CONDITION: POOR
0Beds
0Baths
1,264Sq Ft
8,971Lot Size

Property Price

LIST PRICE$949,900

SUMMARY

Analysis of 13918 Valerio Street, Van Nuys, California 91405 is currently available with a list price of $949,900. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Van Nuys Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1953, this property shows significant signs of deferred maintenance and is marketed primarily as a development or value-add opportunity. The kitchens and bathrooms are severely outdated with aged cabinetry, laminate counters, and old appliances. The interior features mismatched flooring, dated wall heaters, and worn surfaces throughout. The listing's emphasis on 'as-is' condition and the need to legalize non-conforming spaces confirms it requires substantial rehabilitation.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Kester Avenue Elementary School (9/10).

CONSRISKS & DEFICIENCIES

About 13918 Valerio Street

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.

Property Details

Public Facts

Property Type
Duplex
Year Built
1953
Lot Size
8,971 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Van Nuys Unified Schools

Hazeltine Avenue Elementary School

Grades K-5 • 0.4 mi

5/10

Andres And Maria Cardenas Elementary School

Grades K-5 • 0.7 mi

1/10

Andres And Maria Cardenas Elementary School

Grades K-5 • 0.7 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot1,2643,024
25%
Lot Size8,9719,657
50%
Price$949.9K$1.06M
50%
Price per sq ft$752$389
75%
Built year19531947
50%
HOA$0$0
50%
Days on market375344
0%

Pricing History

Listed for Sale

Feb 24, 2025

$949,900

Initial Listing

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