13918 Valerio St Van Nuys, CA 91405
Estimated payment $5,288/month
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 units—providing 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 lots—offering 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.
Listing Agent
Excellence RE Real Estate Brokerage Phone: 562-569-1371 License #00912335 Listed on: 02/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,562
Year Built
- Built in 1953
Lot Details
- 8,971 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,264 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- Parking Available
- Driveway
Location
- Urban Location
Listing and Financial Details
- Tax Lot 223
- Tax Tract Number 1000
- Assessor Parcel Number 2216003038
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $21,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,562 | $275,881 | $244,029 | $31,852 |
| 2024 | $3,562 | $270,473 | $239,245 | $31,228 |
| 2023 | $3,498 | $265,170 | $234,554 | $30,616 |
| 2022 | $3,342 | $259,971 | $229,955 | $30,016 |
| 2021 | $3,298 | $254,875 | $225,447 | $29,428 |
| 2020 | $3,327 | $252,263 | $223,136 | $29,127 |
| 2019 | $3,204 | $247,317 | $218,761 | $28,556 |
| 2018 | $3,092 | $242,469 | $214,472 | $27,997 |
| 2016 | $2,947 | $233,056 | $206,145 | $26,911 |
| 2015 | $2,906 | $229,556 | $203,049 | $26,507 |
| 2014 | $2,929 | $225,060 | $199,072 | $25,988 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | Pending | -- | -- | -- |
| 02/24/2025 02/24/25 | For Sale | $949,900 | -- | $752 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | United Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $390,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25023556
APN: 2216-003-038
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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