15556 Valerio
Van Nuys, CA, 91406
$1,170,000
MLS: GD26037554
Beds
3
Baths
3
Sq Ft
1,860
Lot
0.31 ac
Year Built
1946
MLS #
GD26037554
Days on Market
61
Listed
Feb 19, 2026
Description
Exceptional Opportunity on a 13,486 Sq Ft Lot! Situated on an expansive 13,486 sq ft lot, this privately gated property offers incredible potential for both homeowners and investors alike. The owner has architectural plans available upon request to develop two additional units, presenting a rare opportunity for expansion or future income potential. The home features 3 bedrooms and 3 bathrooms, including one recently fully remodeled bathroom. Interior highlights include laminate flooring throughout, recessed lighting, central HVAC, a cozy fireplace with custom stone surround, and a mini bar—perfect for entertaining. Additional amenities include a detached two-car garage, ample gated parking, and a covered outdoor seating area ideal for gatherings. The spacious backyard provides endless possibilities for entertaining, expansion, or adding an ADU for residual income. Whether you’re seeking a large lot to enjoy as-is or exploring development potential, this unique property offers flexibility and upside in one exceptional package.
Location
Van Nuys, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Harout Aloyan · Coldwell Banker Hallmark
Payment estimate
$8,427
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $117,000 · Loan: $1,053,000
- Principal & Interest
- $6,470
- Property tax (1.25%)
- $1,219
- Homeowners insurance
- $300
- Mortgage insurance
- $439
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Van Nuys home with as little as 3.5% down using an FHA loan — roughly $40,950 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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