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Back 16601 Valerio St
Off Market

16601 Valerio St

Los Angeles CA 91406

6
3
2
2468 sq. ft.
6094 sq. ft.
Single-Family
Last sold for $890,000
Alaura ClennonAlaura Clennon, last sold this property on 13 February 2019 after -92 days on market.

Overview

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.

Features

6 bedrooms
3 bathrooms
2 carspaces
2468 sq. ft. floor area
6094 sq. ft. lot size
Single-Family

Estimated Value

We need at least 3 similar 6 bedroom single-family properties sold in Los Angeles over the last 12 months.

Property history for 16601 Valerio St

2019
Sold
$890,000
13 Feb 2019 by Alaura Clennon, of Griffin Real Estate, Inc.
2019
Sold
$890,000
13 Feb 2019 by Alaura Clennon

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 6 bedroom single-family properties in Los Angeles

In the last 12 months, 1 six-bedroom single-family similar to 16601 Valerio St, have been sold.

This represents a 80% increase in six-bedroom single-family properties sales when compared to the previous 12 months.

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Nicole Green

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