$1,399,000

Estimated payment $8,369/month

Total Views 539
5 Beds
4 Baths
2,533 Sq Ft
$552 Price per Sq Ft

About This Home

Welcome to 17443 Valerio Street, a brand-new construction duplex in the heart of Lake Balboa, 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.

Listing Agent

Harut Arthur Seropian

Douglas Elliman License #02024890 Listed on: 07/18/2025

Douglas Elliman

Co-Listing Agent

Rick Tyberg

Douglas Elliman License #02076436

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,439

Year Built

  • Built in 1949

Lot Details

  • 5,806 Sq Ft Lot
  • Lot Dimensions are 58x100

Parking

  • 1 Parking Space

Home Design

  • Split Level Home

Interior Spaces

  • 2,533 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2202-015-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,439

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2533
  • Lot Acreage: 0.1333
  • Lot Dimensions: 58x100
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Equipment: Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 552.31

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 53.50
  • Assessed Improvement Value: 320699
  • Assessed Land Percent: 46.5
  • Assessed Land Value: 278770
  • Total Assessed Value: 599469
  • Assessor Parcel Number: 2202-015-014
  • Lot Size Area: 5806

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.76
  • Number Of Units: 2
  • Total Annual Expense: 14514
  • Type Of Units: SFR
  • Vacancy Rate: 5%

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $7,439 $599,469 $278,770 $320,699
2023 $5,794 $462,515 $273,304 $189,211
2022 $5,527 $453,447 $267,946 $185,501
2021 $5,458 $444,557 $262,693 $181,864
2019 $1,949 $153,283 $110,515 $42,768
2018 $1,918 $150,279 $108,349 $41,930
2016 $1,823 $144,445 $104,143 $40,302
2015 $1,798 $142,276 $102,579 $39,697
2014 $1,811 $139,490 $100,570 $38,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $1,399,000 -- $552 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $440,000 Lawyers Title Company
Grant Deed $300,000 First American Title Company
Grant Deed $105,000 South Coast Title
Trustee Deed $92,361 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,000 Commercial
Closed $373,999 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25566299

The MLS

APN: 2202-015-014