17443 Valerio Street, Van Nuys, California 91406, Van Nuys, 91406 - 5 bed, 4 bath

17443 Valerio Street, Van Nuys, California 91406 home-pic-0
ACTIVE$1,299,000
17443 Valerio Street, Van Nuys, California 91406
5Beds
4Baths
2,533Sqft
5,806Lot

Price Vs. Estimate

The estimated value ($1,298,517.835) is $482.165 (0%) lower than the list price ($1,299,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Top Cons:
Original Build Year Discrepancy: The property's original build year is 1949, which may raise questions about the extent of renovation versus new construction, despite being marketed as 'brand-new homes'.

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 the property features 'two brand-new homes' with 'beautifully crafted custom kitchens,' 'stylish, high-quality finishes,' and 'modern design throughout.' The images confirm a comprehensive, high-end renovation, showcasing new light wood-look flooring, recessed lighting, modern kitchens with stainless steel appliances and contemporary cabinetry, and luxurious bathrooms with updated fixtures and tiling. Features like central HVAC, energy-efficient windows, and solar panels further support a recent, extensive upgrade, indicating virtually new components and no deferred maintenance.
Year Built
1949
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$513
HOA
-
Days on market
-
Sold On
-
MLS number
25615379
Home ConditionExcellent
Features
Good View:
Patio
View

About this home

Welcome to 17443 Valerio Street, 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-50.1mi
3/10
Anatola Avenue Elementary School
Public,K-50.2mi
7/10
Stagg Street Elementary School
Public,K-50.7mi
3/10
Gault Street Elementary School
Public,K-50.7mi
3/10
Gault Street Elementary School
Public,K-50.7mi
6/10
Lorne Street Elementary School
Public,K-50.8mi
3/10
Bertrand Avenue Elementary School
Public,K-50.8mi
6/10
Lemay Street Elementary School
Public,K-50.8mi
5/10
Lemay Street Elementary School
Public,K-50.9mi
5/10
Cantara Street Elementary School
Public,K-51.1mi
3/10
Bassett Street Elementary School
Public,PK-52.2mi
4/10
Bassett Street Elementary School
Public,K-52.2mi
4/10
Sylvan Park Elementary School
Public,K-53.3mi
9/10
Kester Avenue Elementary School
Public,K-54.1mi
3/10
William Mulholland Middle School
Public,6-80.9mi
5/10
William Mulholland Middle School
Public,6-81.2mi
3/10
Northridge Middle School
Public,6-81.5mi
2/10
Van Nuys Middle School
Public,6-84.4mi
4/10
Reseda Senior High School
Public,9-121.5mi
7/10
Northridge Academy High
Public,9-122.8mi
6/10
Van Nuys Senior High School
Public,9-123.5mi
5/10
Valley Academy Of Arts And Sciences
Public,9-123.8mi
5/10
Valley Academy Of Arts And Sciences
Public,9-123.8mi

Price History

Date
Event
Price
12/24/96
Sold
$105,000
10/23/19
Sold
$440,000
10/22/19
Sold
$300,000
Condition Rating
Excellent

Despite the original build year of 1949, the listing explicitly states the property features 'two brand-new homes' with 'beautifully crafted custom kitchens,' 'stylish, high-quality finishes,' and 'modern design throughout.' The images confirm a comprehensive, high-end renovation, showcasing new light wood-look flooring, recessed lighting, modern kitchens with stainless steel appliances and contemporary cabinetry, and luxurious bathrooms with updated fixtures and tiling. Features like central HVAC, energy-efficient windows, and solar panels further support a recent, extensive upgrade, indicating virtually new components and no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Dual Income Potential: The property features two fully detached homes on one lot, offering significant income potential for investors or owner-users, and ideal for multi-generational living.
Modern & High-Quality Finishes: Both units boast beautifully crafted custom kitchens, stylish, high-quality finishes, and modern design throughout, presenting as 'brand-new homes'.
Modern Amenities & Efficiency: Equipped with central HVAC, recessed lighting, and energy-efficient windows, ensuring comfort and potentially lower utility costs for residents.
Desirable Location: Situated on a quiet residential street in Lake Balboa, offering convenient access to parks, schools, shopping, and major freeways.
Separate Living Spaces: The fully detached ADU with its own private entrance provides excellent separation of space, enhancing privacy and functionality for multiple occupants or tenants.

Cons

Original Build Year Discrepancy: The property's original build year is 1949, which may raise questions about the extent of renovation versus new construction, despite being marketed as 'brand-new homes'.
Mixed School Ratings: While some nearby schools have good ratings, several public schools in the immediate vicinity, including the closest elementary, have lower performance ratings (e.g., rating 3 or 2), which could be a concern for families.
Limited Private Outdoor Space: With two detached homes on a 5,806 sqft lot, the dedicated outdoor areas for each unit may be relatively compact, potentially limiting expansive private yard space.

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