
Van Nuys, California 91406
This Turnkey Single-Family Residence is listed at $1,299,000, reflecting a premium valuation relative to its $1,245,523 Fair Market Value. Featuring a Condition Rating of 2, the home offers a high-end, modern aesthetic with a versatile dual-suite layout, remodeled kitchen, and updated major systems. While the property lacks significant views, its prime Lake Balboa location provides immediate access to top-tier amenities and parks. This move-in ready home is an ideal acquisition for growing families or discerning professionals seeking a sophisticated, low-maintenance lifestyle in a central neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17406 Valerio Subject | $1,299,000* List Price | 5 | 3 | 2,320 | $537 | - |
A 17443 Valerio Street Sold | $1,250,000 | 5 | 4 | 2,533 | $493 | 0.1 mi |
B 17064 Cantlay Sold | $1,275,000 | 4 | 3 | 2,832 | $450 | 0.5 mi |
C 17460 Cohasset Street Sold | $1,130,000 | 3 | 3 | 1,796 | $629 | 0.1 mi |
D 17600 Runnymede Street Sold | $1,157,000 | 3 | 2 | 1,623 | $713 | 0.2 mi |
E 17007 Bassett Street Active Under Contract | $1,125,000 List Price | 4 | 2 | 1,721 | $654 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation and expansion, featuring a modern open-concept kitchen with waterfall counters, designer bathrooms with contemporary fixtures, and updated major systems including electrical, plumbing, roof, and dual tankless water heaters. The finishes, including engineered wood flooring and dual-pane windows, are in mint condition, indicating a renovation completed within the last 5 years.
Elementary School: Kester Avenue Elementary School (9/10).
The property has undergone extensive renovations including updated electrical and plumbing, a new roof, dual-pane windows, and dual tankless water heaters, offering a turn-key experience for buyers.
Featuring two spacious primary suites—one on each level—the home provides an ideal floor plan for multi-generational living or high-end guest accommodations with private balcony access.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2320, other record living area = 773. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
Many of the immediate neighborhood schools, particularly the middle school, carry lower performance ratings, which may be a concern for education-focused families.
Despite the premium price point and upper-level balcony, the property offers no significant views, which may limit its appeal compared to other luxury listings in the area.
Welcome to 17406 Valerio Street in Lake Balboa. This expanded 5-bedroom, 3-bathroom home offers approximately 2,300+ square feet of living space and a versatile floor plan designed for modern living. The home features an open-concept layout with a spacious living area, large kitchen island, oversized tile flooring throughout the main living areas, and engineered wood flooring in the bedrooms. The thoughtfully designed floor plan includes two spacious suites, one on the main level and one upstairs, each featuring walk-in closets, soaking tubs, and separate showers. The upstairs suite offers direct access to a large private balcony overlooking the backyard, providing additional outdoor living space. Recent improvements include updated electrical and plumbing systems, fire sprinkler system, remodeled kitchen and bathrooms, dual tankless water heaters, roof, insulation, drywall, dual-pane windows, and landscaped grounds. Conveniently located near shopping, dining, parks, golf courses, public transportation, Lake Balboa Park, the Japanese Garden, Encino Farmers Market, and Ventura Boulevard. A rare opportunity to own a spacious, upgraded home in a centrally located Lake Balboa neighborhood.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,320 | 1,526 | 87% |
| Lot Size | 6,001 | 6,541 | 18% |
| Price | $1.30M | $885.0K | 92% |
| Price per sq ft | $560 | $598 | 39% |
| Built year | 1949 | 1950 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 137 | 2% |
May 30, 2026
$1,299,000
Initial Listing
Aug 8, 2022
$690,000
Public Record
Oct 17, 2008
$282,500
Public Record
Aug 7, 2006
$515,000
Public Record
Jul 7, 1998
$118,000
Public Record