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16823 Valerio Street, Lake Balboa, California 91406, Lake Balboa, 91406 - 4 bed, 3 bath

16823 Valerio Street, Lake Balboa, California 91406 home-pic-0
ACTIVE$1,695,000
16823 Valerio Street, Lake Balboa, California 91406
4Beds
3Baths
2,288Sqft
6,899Lot
Year Built
1955
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$741
HOA
-
Days on market
-
Sold On
-
MLS number
25627091
Home ConditionExcellent
Features
Pool
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.70M(98th), sqft - 2288(91th), beds - 4(73th), baths - 3(77th).

Beautifully renovated home in the heart of Lake Balboa, located in one of the San Fernando Valley's most desirable neighborhoods. This turnkey property offers easy access to parks, shopping, dining, and the Van Nuys Airport. The home has been upgraded with Milgard sliding doors and windows, European interior doors, a custom kitchen imported from Turkey, Italian stone counters, and Italian tile finishes. Major systems are fully updated, including brand-new electrical, brand-new plumbing to the street, and a new ventilation system. Bathrooms feature smart toilets, European vanities, anti-fog mirrors, tinted windows, and recessed lighting throughout.Enjoy the heated pool with new plumbing and new lighting, an outdoor shower, water resistant hardwood flooring, new concrete surrounding the property, a widened driveway, new vinyl fencing, and a concrete perimeter wall. Electrical conduit and a concrete pad are already in place for a future automated gate.The fully renovated garage, featuring new insulation, drywall, and epoxy flooring, offers excellent potential for an ADU conversion. Landscaping has been thoughtfully designed and planted by the owners. The home is sold fully furnished, making it a truly move-in-ready opportunity.

Price History

Date
Event
Price
12/09/25
Listing
$1,695,000
Condition Rating
Excellent
Despite being built in 1955, this property has undergone an extensive, high-end renovation that effectively makes it a new home. The description explicitly states 'brand-new electrical,' 'brand-new plumbing to the street,' and a 'new ventilation system,' addressing the core systems. The kitchen features a custom design imported from Turkey with Italian stone counters and Italian tile finishes, showcasing modern appliances and a sleek aesthetic in the images. Bathrooms are equally impressive with smart toilets, European vanities, anti-fog mirrors, and recessed lighting, all appearing new and contemporary. High-quality water-resistant hardwood flooring is present throughout, and all components, from Milgard windows to European interior doors, are new or virtually new, meeting current quality standards. The property is truly turnkey and fully furnished, leaving no deferred maintenance or physical depreciation.
Pros & Cons

Pros

Extensive High-End Renovation: The property has undergone a beautiful and comprehensive renovation, featuring high-quality upgrades such as Milgard windows, European doors, a custom Turkish kitchen with Italian stone counters, Italian tile finishes, smart bathrooms, and recessed lighting throughout.
Updated Major Systems: Critical infrastructure has been fully updated, including brand-new electrical, brand-new plumbing to the street, and a new ventilation system, significantly reducing immediate maintenance concerns for a 1955-built home.
Turnkey & Fully Furnished: Marketed as a 'turnkey property' and sold fully furnished, this home offers immediate move-in readiness, saving buyers the time and expense of furnishing and initial setup.
ADU Conversion Potential: The fully renovated garage, complete with new insulation, drywall, and epoxy flooring, presents excellent potential for an Accessory Dwelling Unit (ADU) conversion, offering future income or expanded living space.
Enhanced Outdoor Living & Curb Appeal: The exterior boasts a heated pool with new plumbing and lighting, an outdoor shower, new concrete surrounding the property, a widened driveway, new vinyl fencing, a concrete perimeter wall, and thoughtfully designed landscaping.

Cons

Potential for Aircraft Noise: The property's 'easy access to... the Van Nuys Airport' suggests a potential for aircraft noise, which could be a significant deterrent for some buyers seeking a quieter environment.
Age of Original Structure: Despite extensive renovations, the home's original construction year of 1955 might raise concerns for some buyers regarding the underlying foundation or other structural elements not explicitly mentioned as updated.
Unspecified Central Air Conditioning: While a 'new ventilation system' is mentioned, the description does not explicitly confirm the presence of central air conditioning, a highly desirable feature in the San Fernando Valley's climate, which could be a drawback.

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