Back 15523 Valerio Street
Off Market

15523 Valerio Street

Los Angeles CA 91406

3
3
2167 sq. ft.
30014 sq. ft.
Single-Family
Last sold for $1,100,000
David SoibatianDavid Soibatian, last sold this property on 21 September 2026 after 26 days on market.

Overview

ATTENTION DEVELOPERS, INVESTORS & BUYERS LOOKING FOR LAND! An exceptionally rare opportunity in Van Nuys featuring an expansive 30,000+ SF lot with roughly 100 feet of frontage and 300 feet of depth, offering tremendous potential for those looking to create, expand, or redevelop. The property's substantial lot size and configuration may offer the possibility to subdivide the lot and sell or develop the resulting parcels separately, subject to City approval. Explore the potential for an SB9 lot split, along with opportunities to expand the existing residence and potentially add a JADU, ADU, and additional SB9 unit(s). A buyer may also explore similar development possibilities on a newly created parcel after subdivision. Buyer to independently verify all zoning, subdivision, SB9, ADU/JADU, building, and development possibilities with the City and appropriate professionals. Currently situated toward the front of the property is a charming Ranch-style 2-bedroom, 1-bath main residence of approximately 1,267 SF featuring hardwood floors, a formal foyer, large windows providing abundant natural light, built-in features, ceiling fans, and a family room overlooking a backyard that seemingly goes on forever. Beamed cathedral ceilings add character, while the galley kitchen, covered front porch, charming wood siding, and large driveway preserve the home's classic appeal. Beyond the main residence is a detached GUEST HOUSE of approximately 550 SF, offering 1 bedroom, 1 bathroom, a kitchen, living area, generous closet space, laminate flooring, and wall heater. There is also an approximately 350 SF CONVERTED GARAGE with a bathroom, plus a charming detached “doll house” that could make a fun playhouse, storage space, studio-inspired retreat, or creative bonus area. The true centerpiece is the land. With approximately 30,000 SF, mature trees, tremendous depth, and substantial frontage, this property offers the kind of space rarely found in Van Nuys. Improve what's already here, create an incredible private compound, explore adding multiple units, investigate a potential lot split, or envision an entirely new development. the possibilities make this property equally compelling as a dream-home opportunity or investment/business venture. Surrounded by a mix of residential homes and multifamily properties and conveniently located near the 101 and 405 freeways, Van Nuys Airport, Balboa and Woodley Parks, golf courses, Costco, shopping, dining, and entertainment.

Features

3 bedrooms
3 bathrooms
2167 sq. ft. floor area
30014 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Los Angeles over the last 12 months, the estimated median property value of 15523 Valerio Street is $880k.

Median value
$880k
Estimated value range
$592k - $1.95m
Median days on market
21
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 15523 Valerio Street

2026
Sold
$1,100,000
21 Sep 2026 by David Soibatian, of Park Regency Realty

Happy sellers in Los Angeles

88%
88% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Los Angeles over the last 12 months.

Local market activity for 3 bedroom single-family properties in Los Angeles

In the last 12 months, 110 three-bedroom single-family properties similar to 15523 Valerio Street, have been sold.

This represents a 22% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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