15523 Valerio Street, Van Nuys, CA 91406
15523 Valerio Street, Van Nuys, CA 91406
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$ 1,200,000
Est. payment | /mo

3 Beds

3 Baths

2,167 SqFt


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$ 1,200,000
Est. payment | /mo
Save

3 Beds

3 Baths

2,167 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 2,167 sqft

Price per Sqft $553

MLS Listing ID SR26182032

Style Ranch

Bedrooms 3

Full Baths 3

Year Built 1941

Lot Size 0.689 Acres

Property Sub-Type Detached

Property Description

ATTENTION DEVELOPERS, INVESTORS & BUYERS LOOKING FOR LAND! An exceptionally rare opportunity in Van Nuys featuring an expansive 30,000+ SF lot with roughly 100 feet of frontage and 300 feet of depth, offering tremendous potential for those looking to create, expand, or redevelop. The property's substantial lot size and configuration may offer the possibility to subdivide the lot and sell or develop the resulting parcels separately, subject to City approval. Explore the potential for an SB9 lot split, along with opportunities to expand the existing residence and potentially add a JADU, ADU, and additional SB9 unit(s). A buyer may also explore similar development possibilities on a newly created parcel after subdivision. Buyer to independently verify all zoning, subdivision, SB9, ADU/JADU, building, and development possibilities with the City and appropriate professionals. Currently situated toward the front of the property is a charming Ranch-style 2-bedroom, 1-bath main residence of approximately 1,267 SF featuring hardwood floors, a formal foyer, large windows providing abundant natural light, built-in features, ceiling fans, and a family room overlooking a backyard that seemingly goes on forever. Beamed cathedral ceilings add character, while the galley kitchen, covered front porch, charming wood siding, and large driveway preserve the home's classic appeal. Beyond the main residence is a detached GUEST HOUSE of approximately 550 SF, offering 1 bedroom, 1 bathroom, a kitchen, living area, generous closet space, laminate flooring, and wall heater. There is also an approxim

Location

State CA

County Los Angeles

Zoning LARE11

Direction On Valerio St, just W of Sepulveda.

Interior

Interior Features Beamed Ceilings, Pantry

Heating Wall/Gravity

Cooling Wall/Window

Flooring Wood

Fireplaces Type FP in Living Room, N/K, Other/Remarks

Fireplace No

Appliance Dishwasher, Refrigerator, Gas Oven

Exterior

View Y/N Yes

Water Access Desc Public

View Neighborhood

Roof Type Shingle

Porch Porch, Roof Top, Slab

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 2222018016

Acceptable Financing Cash, Cash To New Loan, Conventional, Land Contract

Listing Terms Cash, Cash To New Loan, Conventional, Land Contract

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by David Soibatian, DRE#01953913 Park Regency Realty 

Schools and Properties Nearby

Kevin O'keefe

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 260-9001

kevin.okeefe@lptrealty.com

10620 Treena St Ste 230, San Diego, CA 92131-1140, USA

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15523 Valerio Street