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16823 Valerio Street

Lake Balboa, CA 91406

5 beds
3 baths
2,288 sqft
6,899 sqft lot
$392 per sqft
1955 build
– on site

Ideally situated on a tranquil street in the sought-after Lake Balboa neighborhood, this 5 bedroom, 3 bathroom pool home exudes incredible potential while maintaining its current charm. Set on a 6,897 SQFT corner lot, the property offers 2,288 SQFT of living space providing ample room to customize and create your dream retreat, with endless possibilities for owner-user buyers and investors alike. A beautiful paver driveway leads you into this great single story offering beamed ceilings, a stone fireplace and wet bar in the living room and double sliders offering views of the backyard, a spacious dining area, and a bright kitchen with tile counters and tons of cabinet space. The bedrooms are spacious and include a large primary suite with a walk-through bathroom that has dual sinks and hardwood flooring in two of them plus the hallway. Other features include central air & heat, direct access 2 car garage, indoor laundry room, security shutters on sliding glass doors, and some of the windows have been upgraded to dual pane. The front yard boasts a lush, gated garden with fruit trees, while the backyard features a sparkling pool that is perfect for entertaining or unwinding. With effortless freeway and Orange Line Busway access, this property places you just moments away from an array of grocery stores, shopping centers, restaurants, schools, Balboa Park, and more! A rare opportunity in a prime location.

Listed By CRMLS_CA / David Rothblum / RE/MAX One / 818-400-0803

Last checked: Checking… • Last updated Feb 21, 2025 •

MLS# SR25037672 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1955
Year Built Source:

Assessor
New Construction:

No
Total Number Of Units:

1
Structure Type:

House
Stories Total:

1
Entry Level:

1
Patio And Porch Features:

Patio
Patio:

1
Accessibility Features:

No Interior Steps
Common Walls:

No Common Walls

Interior

Features:

Beamed Ceilings, Ceiling Fan(s), Dry Bar
Levels:

One
Entry Location:

1
Eating Area:

Area, Breakfast Counter / Bar
Door Features:

Sliding Doors
Flooring:

Carpet, Wood
Room Type:

Den, Dressing Area, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Individual Room, Inside
Laundry:

1

Room Dimensions

Living Area:

2288.00

Financial & Terms

Disclosures:

Death On Property < 3 yrs

Location

Directions:

East of Balboa & North of Sherman Way
Latitude:

34.20500000
Longitude:

-118.49983000

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Zoning:

LAR1
Lot Features:

Back Yard, Corner Lot, Front Yard
Lot Size Area:

6899.0000
Lot Size Acres:

0.1584
Lot Size SqFt:

6899.00
Lot Size Source:

Assessor
View:

None
Fencing:

Wood
Fence:

Yes
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

1321.02
Tax Tract:

18709
Tax Lot:

1

Beds

Total Bedrooms:

5
Main Level Bedrooms:

5

Baths

Total Baths:

3
Bathroom Features:

Double Sinks in Primary Bath
Full & Three Quarter Baths:

2
Main Level Baths:

3
Full Baths:

2
Half Baths:

1

The Listing

Virtual Tour
Special Listing Conditions:

Standard, Trust
Parcel Number:

2226027005

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Double Oven, Gas Cooktop, Microwave, Refrigerator
Included:

Yes

Schools

High School District:

Los Angeles Unified

The Community

Features:

Curbs, Sidewalks
Association:

No
Pool:

Private, In Ground
Senior Community:

No
Private Pool:

Yes
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Direct Garage Access, Driveway
Parking Spaces:

2.00
Attached Garage:

Yes
Garage Spaces:

2.00

Monthly cost estimate

Asking price

$899,000

Expense	Monthly cost
Mortgage	$4,813
Taxes	N/A
Insurance	$247
Utilities	$179 See report
Total	$5,239/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

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Sale history

Date	Event	Source	Price	% Change
2/20/25 Feb 20, 2025	Listed / Active	CRMLS_CA	$899,000

33% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $30k above asking price on average, but some went as high as $101k over asking price.

House For Sale

$899,000

Cost Est.

$5,239/mo.

Listing provided by broker:

David Rothblum

RE/MAX One

818-400-0803

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This house located in South Valley, Los Angeles, CA 91406 is currently for sale for $899,000. 16823 Valerio Street is a 2,288 square foot house with 5 beds and 3 baths that has been on Estately for 1 days. 16823 Valerio Street is in the South Valley neighborhood of Los Angeles and has a WalkScore® of 65, making it somewhat walkable.

Listing Courtesy of: CRMLS_CA and RE/MAX One. Based on information from California Regional Multiple Listing Service, Inc. as of 09:37 on Feb 21.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.