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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$1,050,000

Est. payment - /mo

3 Beds

2 Baths

1,761 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,761 sqft

Price per Sqft $596

MLS Listing ID 26857317

Bedrooms 3

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1952

Lot Size 6,865 Sqft

Property Description

Presenting a rare and valued investment opportunity located in prime Valley Village: A vibrant, picturesque tree lined community and one of the most sought after neighborhoods in the San Fernando Valley. A beautifully reimagined property that offers the versatility of TWO VACANT HOMES ON A LOT with LARD1.5 zoning. An exceptional offering for investors, owner-users, or those seeking the ideal multi-generational living arrangement. Thoughtfully designed to balance privacy, comfort, and shared outdoor living, the property embodies the flexibility and lifestyle today's buyers desire. The gated exterior is a well-manicured, eco-friendly fusion of garden and greenery offering exceptional curb appeal. The front residence has been extensively remodeled and showcases a light-filled two-bedroom, one-bath floorplan where contemporary finishes and thoughtful design create a warm, inviting atmosphere. The modernized bath features sleek subway tile and Kohler fixtures. The kitchen is an open culinary center where style, form and function unite with sleek quartz countertops and high end Viking professional appliances. Privately positioned beyond the sparkling pool, the rear residence offers a charming one-bedroom, one-bath layout enhanced by a spacious loft that provides endless flexibility as an office, creative studio, guest accommodations, or additional living space. A generous freshly landscaped gated grassy backyard creates a peaceful retreat ideal for outdoor recreation, gardening, or quiet relaxation. The resort-inspired solar heated pool serves as the centerpiece of the property, creating a natural gathering place while thoughtfully separating the two homes to provide both connection and privacy. Each residence is independently equipped with its own washer and dryer, adding convenience and enhancing the property's livability. Centrally located with proximity to Universal, Burbank, Disney, CBS, and Warner Bros. Studios, beloved Valley Village Park, the Metro Line, the famed NoHo Arts District and the NoHo West mega-complex. Whether you're looking to generate rental income, accommodate extended family, or enjoy the flexibility of living in one home while leasing the other, this exceptional property presents a wealth of possibilities. A unique investment opportunity combining versatility, lifestyle, and enduring value. Welcome!

Location

State CA

County Los Angeles

Area Vvl - Valley Village

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s), Open Floorplan, Recessed Lighting, Loft, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Range, Refrigerator, Range Hood, Dryer, Washer

Laundry Outside

Exterior

Parking Features Driveway

Pool In Ground

Community Features Gated

View Y/N No

View None

Porch Front Porch, Open, Patio

Total Parking Spaces 4

Building

Lot Description Back Yard, Lawn, Landscaped

Story 1

Entry Level One

Architectural Style Traditional

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 2348001052

Security Features Gated Community

Special Listing Condition Standard

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Listed by Michael J. Okun Sotheby's International Realty #01430979

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

5438 Colfax AVE Valley Village, CA 91601

Ernie Caponera

Key Details

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Interior

Exterior

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5438 Colfax AVE