19314 Valerio, Reseda, California 91335, Reseda, 91335 - 5 bed, 5 bath

19314 Valerio, Reseda, California 91335 home-pic-0
ACTIVE$1,349,000$2,760/sqft
Est. Value: $1,352,999
%
FairlyEstimate
19314 Valerio, Reseda, California 91335
5Beds
5Baths
2,760Sqft
7,517Lot

Price Vs. Estimate

The estimated value ($1,352,999.355) is $3,999.355 (0%) lower than the list price ($1,349,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Income Potential: Three fully permitted, vacant units (Main, ADU, JADU) with a projected rental income of $9,000+ per month, offering immediate and strong cash flow for investors.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2760, other record living area = 1920. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.

Compared to the nearby listings

Price:$1.35M vs avg $850.0K (+$499,000)95%
Size:2,760 sqft vs avg 1,530.5 sqft94%
Price/sqft:$489 vs avg $56628%

More Insights

Built in 1976 (50 years old).
Condition: This property has undergone a comprehensive and recent renovation, as explicitly stated in the description. It features three brand-new kitchens with modern white shaker cabinets, quartz countertops, and new stainless steel appliances. All bathrooms are fully remodeled with contemporary fixtures, tiling, and vanities. New LVP flooring is installed throughout, and the electrical system has been updated with a 400-amp panel and separate metering for each unit. A new roof and mini-split AC units further confirm the extensive upgrades, making all components virtually new and meeting current quality standards.
Year Built
1976
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$489
HOA
-
Days on market
-
Sold On
-
MLS number
GD25279434
Home ConditionExcellent
Features
Patio
ViewCity Lights,Neighborhood

About this home

Three units, fully renovated and move-in ready, this turnkey property includes a main house, permitted ADU, and permitted JADU, all delivered vacant with strong rental potential. Recent upgrades include a new roof, three brand-new kitchens, fully remodeled bathrooms, new flooring throughout, and all new appliances, with electrical updated to a 3-gang 400-amp panel and each unit separately metered. The main house offers 3 bedrooms, 2.5 bathrooms, a bonus room, and a 2-car garage, while the ADU provides 2 bedrooms and 1.5 baths and the JADU is a 392 sq ft studio attached to the main house. The exterior features low-maintenance landscaping with artificial turf and decomposed granite, new vinyl fencing, and large private yards for each unit. In its current configuration, the property is projected to generate $9,000 or more per month in rental income. Starting January 2026, new ADU laws allow the garage to be converted into a 4th unit, creating the potential for a four-unit income property with exceptional rental income and investor upside.

A
Alec Bogossian
Listing Agent

Nearby schools

5/10
Shirley Avenue Elementary School
Public,K-50.5mi
3/10
Melvin Avenue Elementary School
Public,K-50.5mi
4/10
Stanley Mosk Elementary School
Public,K-50.8mi
4/10
Stanley Mosk Elementary School
Public,K-50.8mi
5/10
Reseda Elementary School
Public,K-50.9mi
2/10
Blythe Street Elementary School
Public,K-51.0mi
3/10
Winnetka Avenue Elementary School
Public,K-51.4mi
5/10
Garden Grove Elementary School
Public,K-51.5mi
3/10
Vanalden Avenue Elementary School
Public,K-51.6mi
3/10
Napa Street Elementary School
Public,K-51.6mi
3/10
Bertrand Avenue Elementary School
Public,K-51.8mi
6/10
Newcastle Elementary School
Public,K-52.0mi
5/10
Cantara Street Elementary School
Public,K-52.0mi
3/10
Anatola Avenue Elementary School
Public,K-52.3mi
3/10
Anatola Avenue Elementary School
Public,K-52.3mi
6/10
Lemay Street Elementary School
Public,K-52.4mi
5/10
Lemay Street Elementary School
Public,K-52.4mi
6/10
Lorne Street Elementary School
Public,K-52.5mi
3/10
John A. Sutter Middle School
Public,6-81.0mi
3/10
Northridge Middle School
Public,6-82.2mi
6/10
Gaspar De Portola Middle School
Public,6-82.7mi
3/10
William Mulholland Middle School
Public,6-82.8mi
5/10
Woodland Hills Charter Academy
Public,6-82.9mi
5/10
William Mulholland Middle School
Public,6-83.0mi
4/10
Reseda Senior High School
Public,9-121.7mi
7/10
Northridge Academy High
Public,9-123.3mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.8mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.8mi

Price History

Date
Event
Price
03/12/25
Sold
$905,000
12/29/05
Sold
$777,000
11/13/03
Sold
$407,500
Condition Rating
Excellent

This property has undergone a comprehensive and recent renovation, as explicitly stated in the description. It features three brand-new kitchens with modern white shaker cabinets, quartz countertops, and new stainless steel appliances. All bathrooms are fully remodeled with contemporary fixtures, tiling, and vanities. New LVP flooring is installed throughout, and the electrical system has been updated with a 400-amp panel and separate metering for each unit. A new roof and mini-split AC units further confirm the extensive upgrades, making all components virtually new and meeting current quality standards.
Pros & Cons

Pros

Exceptional Income Potential: Three fully permitted, vacant units (Main, ADU, JADU) with a projected rental income of $9,000+ per month, offering immediate and strong cash flow for investors.
Extensive Turnkey Renovation: The property is fully renovated and move-in ready, featuring a new roof, three brand-new kitchens, remodeled bathrooms, new flooring, all new appliances, and updated electrical (400-amp panel, separately metered units), minimizing immediate capital expenditures.
Future Value-Add Opportunity: New ADU laws effective January 2026 allow for the conversion of the 2-car garage into a 4th unit, presenting significant potential for increased rental income and investor upside.
Low-Maintenance Exterior: The exterior boasts low-maintenance landscaping with artificial turf and decomposed granite, along with new vinyl fencing, reducing ongoing upkeep costs and effort for landlords.
Vacant Delivery: All units are delivered vacant, providing the new owner with full control to select tenants and set market-rate rents immediately without inheriting existing leases or tenant issues.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2760, other record living area = 1920. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Recently Sold Property: The property was recently sold within the past year on 2025-03-12. The sold price is $905,000.00.
Original Construction Age: Despite extensive renovations, the property's original build year of 1976 means the core structure is older, which could lead to unforeseen maintenance needs or less modern infrastructure beyond the recent upgrades.
Neighborhood School Ratings: Some local elementary schools in the Reseda area have lower ratings (e.g., 2-3 out of 10), which might impact long-term tenant appeal for families or property value appreciation compared to areas with top-rated schools.
Future Expansion Contingency: The significant upside of a potential 4th unit is dependent on future ADU laws taking effect in January 2026 and the successful execution of the conversion, introducing a degree of future uncertainty.
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