See Home Value
$890,000
● House - Off Market

16601 Valerio Street

Lake Balboa, CA 91406
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,468 Ft²
$1,313,441
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Incredible rare investment opportunity in Van Nuys to purchase two beautiful houses on one lot each with their own address and utility meters.16601- Just remodeled-16603 is a 2018 New Build.Rents for both houses will bring in approx. $5700 a month with a 6% cap rate. This is also a great opportunity for that buyer looking for a cash flow property as well as a property to live in.16601- Single story 1270 sq ft w/ 3 bedrooms and full bathroom,remodeled w/new laminate & new carpet throughout,newly remodeled kitchen w/ new white self closing shaker cabinets w/ counter top seating area, new quartz counters, new stainless steel appliances & new fixtures.There is an open dinning/living area for gatherings or step down into the family room where there is a cozy fireplace. Bathroom w/ new dual vanity,new quartz count top, new tiled floor,tiled shower/tub and new fixtures.16603-Brand new construction w/ a 2 story 1198 sq ft w/ 3 bedrooms, 2.5 bathrooms & 2 car attached garage. On the main floor is a family room that opens to the kitchen and dining area.Kitchen has white self closing shaker cabinets,quartz counters w/ white tiled back splash and stainless steel appliances. laminate floors on the first floor and carpet in the bedrooms.Upstairs there is the master bed/bath w/ balcony and walk-in closet and additional bedrooms and bathroom.Both properties have laundry hook ups, central heat/AC.Sizable front and rear yard are a plus!!Close to shopping, restaurants & public transportation.
Unit Size
2,468 Ft²
Days on Market
89 days
Land Size
0.14 acres
Price per sqft
$353
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951

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Last updated: 4 months ago (CRMLS #IG18275225)

Price History

Date / Event Date Event Price
Feb 13, 2019 Sold
Sold
Nov 16, 2018 Listed by Griffin Real Estate, Inc. $869,990
Listed by Griffin Real Estate, Inc.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,094
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,654
  • Building Area: 2,654
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 2
  • Heating: 3
  • Heated Square Feet: 2,654
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 16678
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0106
  • Legal Description 1: TRACT NO 16678 LOT/SEC 30

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 132102

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-F3
  • Subdivision Tract Number: 16678
  • Parcel: 2226-009-020
  • Lot: 30
  • Municipality: NORTH /VAN NUYS WEST
  • Latitude: 34.205
  • Longitude: -118.495

    Address

  • Full Address: 16601 Valerio St
  • Address - House Number: 16601
  • Address - Street Name: Valerio
  • Address - Suffix Type: St
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C027
  • 4-Digit Zip Code: 2839
  • Zip Code: 91406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,133,176
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2141
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,165,464
  • High Value: 1,415,001
  • Low Value: 915,927

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $954,258
  • Assessed Land Value: $568,266
  • Assessed Improvements Value: $385,992

    Sales

  • Current Sale Contract Date: Dec 04, 2018
  • Current Sale Recording Date: Feb 13, 2019
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 19-0130214
  • Previous Sale Recording Date: Oct 30, 2017
  • Previous Sale Contract Date: Oct 25, 2017
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Valley


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Frequently Asked Questions

When was property at 16601 Valerio Street built and last sold?
The property at 16601 Valerio Street was built in 1951 and last sold on Dec 4, 2018 for $890,000.
How much is this home worth?
The estimated value of the home located at 16601 Valerio Street is $878,690.
What are some comparable homes to 16601 Valerio Street?
There are currently no comparable homes to 16601 Valerio Street.