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.
For sale
Listing Provided by:
Ricardo Munoz DRE #00912335 562-569-1371,
Excellence RE Real Estate
$949,900
13918 Valerio St, Van Nuys, CA 91405
5beds
4baths
1,264sqft
Est.:
Duplex
Built in 1953
-- sqft lot
$-- Zestimate®
$752/sqft
$-- HOA
What's special
Large lot
- 166 days
- on Zillow |
- 358 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 12:18pm
Listing Provided by:
Ricardo Munoz DRE #00912335 562-569-1371,
Excellence RE Real Estate
Source: CRMLS,MLS#: DW25023556
Originating MLS: California Regional MLS

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Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,264
- Total interior livable area: 1,264 sqft
Property
Parking
- Parking features: Driveway
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 8,971 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 2216003038
- Zoning: LAR1
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
Location
- Region: Van Nuys
Financial & listing details
- Price per square foot: $752/sqft
- Tax assessed value: $270,473
- Annual tax amount: $3,562
- Date on market: 2/24/2025
- Listing terms: Cash,Cash to New Loan,Conventional,FHA,Trust Conveyance
- Tenant pays: Electricity, Gas
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