21055 Valerio Street

Canoga Park, CA 91303

$1,450,000
Price
10
Beds
4
Baths
4,374 Sq. Ft.
$332 / Sq. Ft.
4,374
Sq. Ft.
$332
per Sq. Ft.

Description

Discover a truly unique investment opportunity with immense potential. This is a duplex has two seperate buildings and all the bedrooms are seperately rented to one or two individuals with separate leases for the better income. Situated on a lot exceeding 17,500 square feet. This exceptional income property consists of a duplex on a vast lot, featuring indivisualy leased income-producing units at addresses 21055 & 21051. It's a vast canvas awaiting your creative vision. This hidden gem offers the...Discover a truly unique investment opportunity with immense potential. This is a duplex has two seperate buildings and all the bedrooms are seperately rented to one or two individuals with separate leases for the better income. Situated on a lot exceeding 17,500 square feet. This exceptional income property consists of a duplex on a vast lot, featuring indivisualy leased income-producing units at addresses 21055 & 21051. It's a vast canvas awaiting your creative vision. This hidden gem offers the chance to renovate the back house, adding extra charm and value. The property boasts ample open parking, secure gating, and on-site laundry facilities. Enjoy a touch of nature with fruit trees scattered throughout the rear of the property. Ideally located near shopping, dining, theaters, and the 101 and 118 freeways, this isn't just a property; it's an investment brimming with potential, ready for your vision to come to life.
  1. Listed by Raj Sharma • DRE #01952250 • Brokerage DRE #01933240 • Dreamstate Living

Property Details for 21055 Valerio Street

Zoning
LAR1
Parcel Number
2112012003
Total Units
2.0
Living Area
4374
Source Living Area
Vendor Enhanced
Area
Canoga Park (CP)
Vacancy Rate
0
Lot Size Area
17729
LISTING UPDATED: 11/21/2024 09:01 AM

Property Details for 21055 Valerio Street

StatusActive
MLS #24-393873
Days on Market173
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.41 AC / 17,729 SF
CountyLos Angeles County

Building Information for 21055 Valerio Street

Stories2Residences-Year Built1968Building Size-Lot Size0.41 AC / 17,729 SF

Property Information for 21055 Valerio Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Duplex
  • Water Heaters: Yes
  • ADA Compliance: No
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $138,000
  • Net Operating Income: $102,000.00
  • Gross Income: $138,000
  • Cap Rate: 6.80%
  • Gross Rent Multiplier: $10.86
  • Actual Annual Gross Rent: $138,000.00
  • Actual Rent Total: $138,000.00
  • Owner Pays: Electricity, Gas, Gardener, Water
  • Total Annual Expense: 36000
  • Water Expense: $200.00
  • Gas Expense: $150
  • Electric Expense: $200.00
  • Trash Expense: $50.00
  • Tax Expense: $1,400
  • Insurance Expense: $250
  • Manager Expense: $600
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.407
  • Lot Size Square Feet: 17729
  • Lot Size Dimensions: 83x214
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car, Parking Space, Private, Driveway Gate, Driveway, Driveway - Concrete
  • Total Parking: 0
  • Parking Features: Parking Space, Private, Driveway, Concrete
  • Garage Structures Total: 2.0
Interior Features
Interior Features
  • Levels: One
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Gas Dryer Hookup, Refrigerator, Range/Oven, Garbage Disposal, Microwave
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Shed(s), Pool House
Lease Terms
Lease Terms
  • Entry Date: 05-21-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $875.00
  • Unit Actual Rent: $875.00
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,200.00
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $900.00
  • Unit Actual Rent: $900.00
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $600.00
  • Unit Actual Rent: $600.00
  • Unit Projected Rent: $1,000.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $675.00
  • Unit Actual Rent: $675.00
  • Unit Projected Rent: $1,000.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $725.00
  • Unit Actual Rent: $725.00
  • Unit Projected Rent: $1,000.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $750.00
  • Unit Actual Rent: $750.00
  • Unit Projected Rent: $1,000.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $900.00
  • Unit Actual Rent: $900.00
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit 9 Information
  • Unit Beds: 1
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $900.00
  • Unit Actual Rent: $900.00
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit 10 Information
  • Unit Beds: 1
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $1,100.00
  • Unit Actual Rent: $1,100.00
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit 11 Information
  • Unit Beds: 1
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,200.00
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit 12 Information
  • Unit Beds: 1
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $626.00
  • Unit Actual Rent: $626.00
  • Unit Projected Rent: $1,000.00
  • Like Units: 1
Unit 13 Information
  • Unit Beds: 1
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $1,000.00
  • Unit Actual Rent: $1,000.00
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117, 2118
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $510,000.00
  • Assessed Improvement Percent: 38.46
  • Assessed Land Value: $816,000.00
  • Assessed Land Percent: 61.54
  • Assessed Total Value: $1,326,000.00

Property History for 21055 Valerio Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 21055 Valerio Street

Taxable ValueLand$832,320Additions$520,200Total$1,352,520
Tax Record2024$16,957 ($1,413 / month)
Home Facts
Total Finished SqFt4,374 SqFtAbove Grade Finished SqFt4,374 SqFtLot Size17,724 SqFtStyleDuplexYear Built1968ZoningLAR1CountyLOS ANGELESAPN2112-012-003

Schools near 21055 Valerio Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Canoga Park Elementary School
Public - K to 5
Christopher Columbus Middle School
Public - 6 to 8
Canoga Park Senior High School
Public - 9 to 12
Multicultural Learning Center
Charter - K to 8
Rating
School
Distance
Canoga Park Elementary School
PublicK to 5

Christopher Columbus Middle School
Public6 to 8

Canoga Park Senior High School
Public9 to 12

Multicultural Learning Center
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Canoga Park

Neighborhoods

Cities

ZIPs

More information about 21055 Valerio Street, Canoga Park, CA 91303

21055 Valerio Street is a multi-family home for sale in Canoga Park, CA 91303. This property was listed for sale on May 21, 2024 by Dreamstate Living, it's currently listed at $1,450,000. It has been on the market for a total of 173 days and was last sold on May 7, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Canoga Park Elementary School, Christopher Columbus Middle School and Canoga Park Senior High School. 21055 Valerio Street is a 10-bed, 4-bath, 4,374 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dreamstate Living, Raj Sharma, DRE #01952250

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.