13918 Valerio Street, Van Nuys (los Angeles), CA 91405

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 … read more …