17431 Valerio, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 1 bath
ACTIVE$790,000
17431 Valerio, Van Nuys, California 91406
2Beds
1Bath
805Sqft
5,602Lot
Price Vs. Estimate
The estimated value ($650,464.03) is $139,535.97 (17%) lower than the list price ($790,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Top Cons:
Compact Living Area: The home offers a modest 805 sq.ft of living space, which may be considered small for some buyers, particularly for a 2-bedroom property.
Compared to the nearby listings
Price:$790.0K vs avg $900.0K ($-109,999)26%
Size:805 sqft vs avg 1,494 sqft1%
Price/sqft:$981 vs avg $61098%
More Insights
Built in 1949 (76 years old).
Condition: Built in 1949, this property is 75 years old and the listing explicitly states it 'Requires Significant Renovation' and encourages buyers to 'bring your imagination.' The visible interior (worn hardwood, dated chandelier, basic paint) and exterior (faded paint, old garage door, window AC unit) confirm a lack of modern updates. The absence of kitchen and bathroom photos strongly suggests these critical areas are in original or very dated condition, requiring substantial rehabilitation and modernization to meet current standards.
Year Built
1949
Close
-
List price
$790K
Original List price
$790K
Price/Sqft
$981
HOA
-
Days on market
-
Sold On
-
MLS number
SR25275058
Home ConditionPoor
Features
Patio
View-
About this home
Location Location! Great home for investor or home owner. This 2 beds/1 bath home with living room , kitchen, patio, and attached 1 car garage on approximately 805 sq.ft living area. It has a great size lot of 5,600 sq.ft for expanding. Come in and bring your imagination and make it your dream home or investment HOME!
Nearby schools
3/10
Anatola Avenue Elementary School
Public,•K-5•0.1mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.2mi
7/10
Stagg Street Elementary School
Public,•K-5•0.6mi
3/10
Gault Street Elementary School
Public,•K-5•0.7mi
3/10
Gault Street Elementary School
Public,•K-5•0.7mi
6/10
Lorne Street Elementary School
Public,•K-5•0.8mi
6/10
Lemay Street Elementary School
Public,•K-5•0.8mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•0.8mi
5/10
Lemay Street Elementary School
Public,•K-5•0.9mi
5/10
Cantara Street Elementary School
Public,•K-5•1.1mi
3/10
Bassett Street Elementary School
Public,•PK-5•2.2mi
4/10
Bassett Street Elementary School
Public,•K-5•2.2mi
4/10
Sylvan Park Elementary School
Public,•K-5•3.3mi
9/10
Kester Avenue Elementary School
Public,•K-5•4.1mi
3/10
William Mulholland Middle School
Public,•6-8•0.9mi
5/10
William Mulholland Middle School
Public,•6-8•1.2mi
3/10
Northridge Middle School
Public,•6-8•1.5mi
2/10
Van Nuys Middle School
Public,•6-8•4.4mi
4/10
Reseda Senior High School
Public,•9-12•1.5mi
7/10
Northridge Academy High
Public,•9-12•2.8mi
6/10
Van Nuys Senior High School
Public,•9-12•3.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.8mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.8mi
Condition Rating
Poor
Built in 1949, this property is 75 years old and the listing explicitly states it 'Requires Significant Renovation' and encourages buyers to 'bring your imagination.' The visible interior (worn hardwood, dated chandelier, basic paint) and exterior (faded paint, old garage door, window AC unit) confirm a lack of modern updates. The absence of kitchen and bathroom photos strongly suggests these critical areas are in original or very dated condition, requiring substantial rehabilitation and modernization to meet current standards.
Pros & Cons
Pros
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Significant Expansion Potential: The property features a generous 5,600 sq.ft lot, explicitly noted as having great potential for expanding the existing home.
Versatile Buyer Appeal: Marketed as suitable for both investors and homeowners, indicating broad appeal and flexibility for different acquisition strategies.
Prime Van Nuys Location: The listing emphasizes 'Location Location!' within Van Nuys, a well-established and accessible area in Los Angeles.
Attached Garage: Includes a practical attached 1-car garage, providing convenience and secure parking.
Proximity to Schools: Located near several public schools, including Stagg Street Elementary School (rated 7) within a mile, which is attractive for families.
Cons
Compact Living Area: The home offers a modest 805 sq.ft of living space, which may be considered small for some buyers, particularly for a 2-bedroom property.
Requires Significant Renovation: Built in 1949, the description 'bring your imagination' strongly implies the property is in original or dated condition and will require substantial investment for modernization and upgrades.
High Entry Price for Condition: The list price of $790,000 for an 805 sq.ft, 1949-built home that requires extensive renovation represents a considerable initial investment for its current state.