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
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©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/13/2024