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17443 Valerio Street, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 1 bath

17443 Valerio Street, Van Nuys, California 91406 home-pic-0
ACTIVE$1,299,000
17443 Valerio Street, Van Nuys, California 91406
3Beds
1Bath
2,533Sqft
5,806Lot

Price Vs. Estimate

The estimated value ($1,248,217.94) is $50,782.06 (3%) lower than the list price ($1,299,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction Duplex: The property features two brand-new, fully detached homes on one lot, offering modern amenities, reduced maintenance, and contemporary living spaces.
Top Cons:
Recent Price Reduction: The property has seen a $100,000 price reduction from its original listing, which may suggest an initial overpricing or a need to stimulate buyer interest.

Compared to the nearby listings

Price:$1.30M vs avg $900.0K (+$399,000)96%
Size:2,533 sqft vs avg 1,496 sqft95%
Price/sqft:$513 vs avg $60420%

More Insights

Built in 1949 (76 years old).
Condition: Despite the original build year of 1949, the listing explicitly states this is a 'brand-new construction duplex' with 'two brand-new homes.' The images confirm this, showcasing fully modern and high-quality finishes throughout both units. The kitchens feature sleek, contemporary cabinetry, new appliances (including a black modern refrigerator in the main unit and stainless steel in the ADU), and stylish islands. Bathrooms are equally impressive with modern vanities, integrated sinks, gold-tone fixtures, backlit mirrors, and contemporary tile work (e.g., hexagonal floor tiles and patterned shower tiles). All systems appear new, including central HVAC, recessed lighting, and energy-efficient windows, as mentioned in the description. The flooring is consistent light wood-look throughout, and there is no visible wear or deferred maintenance. This property meets all criteria for an 'excellent' rating, indicating a recent, extensive renovation or new construction.
Year Built
1949
Close
-
List price
$1.3M
Original List price
$1.4M
Price/Sqft
$513
HOA
-
Days on market
-
Sold On
-
MLS number
25565199
Home ConditionExcellent
Features
Patio
View

About this home

Welcome to 17443 Valerio Street, a brand-new construction duplex in the heart of Lake Balboa, offering two fully detached homes on one lot. This thoughtfully designed property is ideal for investors, multi-generational living, or owner-users looking to offset their mortgage with rental income. The front home is a spacious 3-bedroom, 2-bathroom single-story residence with 1,497 square feet of living space. It features an open-concept layout, abundant natural light, and a beautifully crafted custom kitchen with one-of-a-kind finishes that set it apart from typical new builds. The attention to detail and modern design throughout give the home both warmth and sophistication.The rear unit is a fully detached, two-story 2-bedroom, 2-bathroom ADU totaling 1,036 square feet. With its own private entrance, this unit offers excellent separation of space, making it ideal for extended family, guests, or rental income. Like the main home, it also features stylish, high-quality finishes and a modern layout. Additional features across both homes include central HVAC, recessed lighting, energy-efficient windows, and dedicated outdoor areas.Located on a quiet residential street in Lake Balboa, this property is close to parks, schools, shopping, and major freeways. 17443 Valerio Street presents a rare opportunity to own two brand-new homes with distinctive design and strong income potential in one of the Valley's most desirable neighborhoods.

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•0.7mi
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
3/10
Bertrand Avenue Elementary School
Public,•K-5•0.8mi
6/10
Lemay Street 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
Excellent
Despite the original build year of 1949, the listing explicitly states this is a 'brand-new construction duplex' with 'two brand-new homes.' The images confirm this, showcasing fully modern and high-quality finishes throughout both units. The kitchens feature sleek, contemporary cabinetry, new appliances (including a black modern refrigerator in the main unit and stainless steel in the ADU), and stylish islands. Bathrooms are equally impressive with modern vanities, integrated sinks, gold-tone fixtures, backlit mirrors, and contemporary tile work (e.g., hexagonal floor tiles and patterned shower tiles). All systems appear new, including central HVAC, recessed lighting, and energy-efficient windows, as mentioned in the description. The flooring is consistent light wood-look throughout, and there is no visible wear or deferred maintenance. This property meets all criteria for an 'excellent' rating, indicating a recent, extensive renovation or new construction.
Pros & Cons

Pros

New Construction Duplex: The property features two brand-new, fully detached homes on one lot, offering modern amenities, reduced maintenance, and contemporary living spaces.
Strong Income Potential: Ideal for investors or owner-users, the separate 2-bedroom ADU provides significant rental income potential to offset mortgage costs.
Flexible Living Arrangements: The detached ADU with its own private entrance is perfect for multi-generational living, accommodating extended family, or hosting guests with excellent separation of space.
High-Quality Finishes & Modern Design: Both homes boast beautifully crafted custom kitchens, stylish, high-quality finishes, and modern open-concept layouts with attention to detail.
Energy-Efficient Features: Equipped with central HVAC, recessed lighting, and energy-efficient windows, ensuring comfort and potentially lower utility expenses.

Cons

Recent Price Reduction: The property has seen a $100,000 price reduction from its original listing, which may suggest an initial overpricing or a need to stimulate buyer interest.
Potentially Limited Private Outdoor Space: With two detached homes on a 5806 sqft lot, the individual 'dedicated outdoor areas' for each unit might be relatively compact, limiting extensive private yard space.
Van Nuys Address Perception: Although situated in the desirable Lake Balboa area, the Van Nuys address might carry a different market perception for some buyers compared to other more premium Los Angeles neighborhoods.

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