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13918 Valerio Street, Van Nuys, CA 91405
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$949,900
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Home Details for 13918 Valerio Street
Price
$949,900
Type
Multi Family
Year Build
1953
Lot Size
0.2059
County
Los Angeles
Tax
$3,562
MLS®️ Listing#
DW25023556
On exitrealty.com
335 days
Property Description
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.
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- Driveway
Listing Courtesy: Excellence RE Real Estate - 562-569-1371. Presented by: Ricardo Munoz
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-01-14 20:16:24 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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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$949,900
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.