13918 Valerio Street, Van Nuys, CA 91405
Local realty services provided by:ERA North Orange County Real Estate
13918 Valerio Street,Van Nuys, CA 91405
$949,900
- 5 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:ricardo munoz
Office:excellence re real estate
MLS#:DW25023556
Source:San Diego MLS via CRMLS
Price summary
- Price:$949,900
About this home
Spacious Lot with Development Opportunity Ideal for Investors or Owner-Occupants This property sits on a generous 8,971 sq ft lot and features two separate structures offering significant potential for improvement and value appreciation. The front building includes a 3-bedroom, 2-bathroom unit, while the rear structure consists of two 1-bedroom, 1-bathroom unitsproviding flexible living or rental options. With value-add potential, new ownership could renovate, select new tenants, or explore additional income opportunities. There is the possibility to legalize existing non-conforming spaces and/or add ADUs.* Key Features: Zoned as a Duplex, currently used as three units Ideal for investors seeking rental income or redevelopment Excellent potential for adding detached ADUs or converting existing space* Sold as-is, where-is Recent California legislation, such as SB 1211, may allow up to eight detached ADUs on multifamily lotsoffering exciting possibilities for expansion. While lot size contributes to development feasibility, in Los Angeles, the number of permitted ADUs is not solely based on square footage. Whether for multigenerational living, guest accommodations, or additional rental income, the options are numerous.* *Buyer to perform their own due diligence. All information provided is deemed reliable but not guaranteed and is for reference purposes only.
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Home facts
- Listing ID #:DW25023556
- Added:220 day(s) ago
- Updated:October 03, 2025 at 07:27 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
Finances and disclosures
- Price:$949,900
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