Active

19433 Valerio ST

RESEDA CA, 91335

$1,680,000


$661.68 per sqft

Active

7 Beds

5 Baths

2,539 sqft

Residential

Built in 1956

DOUBLE CORNER LOT WITH 3 UNITS (Main House + Detached ADU + Next Gen Suite) PLUS 1 UNDEVELOPED LOT! Whether you're seeking an income-generating asset or envisioning custom building your dream home, this property offers both versatility and potential. Situated in a desirable Reseda neighborhood, this corner features a large 14,642 sq. ft. lot. The turnkey main house (19433 Valerio) offers 1,595 sq. ft. of living space, featuring 3 bedrooms / 2 bathrooms and a newly constructed next generation suite/guest quarters with its own separate entrance and private yard space. Extensively renovated, the main house features brand-new kitchen and bathrooms, roof, HVAC, electrical, plumbing, driveway, tankless water heater, and more. Adjacent to the main residence, you will find a newly built 944 sq. ft. garage conversion ADU (19433 Valerio) consisting of 3 bedrooms/ 2 bathrooms. With its own street access and ample street parking, the ADU offers convenience and privacy for its occupants. For savvy investors, the pro forma income potential is impressive with estimated rents of approximately $3,700 for the main house, $2,100 for the next gen suite if rented separately, and $3,200 for the ADU totaling $9,000+ in rental income per month! All new appliances are included in the sale, ensuring a seamless transition for prospective owners or tenants alike. Furthermore, the north lot presents another excellent development opportunity by itself. Future owner could subdivide the lot or utilize SB9 to capitalize its intrinsic value like the surrounding neighbors. Additionally, the seller has architectural plans for building another two units on the northern lot. Schedule a viewing today and witness firsthand the endless possibilities this property has to offer!

AR24108891MR

MLS ID

May 31, 2024

Listed

September 13, 2024

Updated

Map

19433 Valerio ST
RESEDA CA, 91335

Interior Features

Total Stories

1


Bedrooms

7


Total Bathrooms

5


Full Bathrooms

5


Appliances

Dishwasher, Dryer, Dryer Included, In Closet, Microwave, Refrigerator, Washer, Washer Included


Laundry Description

Dryer, Dryer Included, In Closet, Washer, Washer Included


Fireplace

Yes


Fireplace Description

Living Room


Cooling

Yes


Cooling Description

Central, Wall/Window Unit(s)


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.34 Acres


Roof

Asphalt


Sewer

Public Sewer

School Information

School District

Los Angeles Unified

Other Property Details

Area Name

Reseda


Days on Market

9


Garage

No


Parking

Driveway


Parking Total

0


View

Yes


View Description

Trees/Woods


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR1

Listed by You Li with KW Executive
Listing Contact: 213-839-0629 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Christie’s International Real Estate Southern California shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

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