16601 Valerio Street, Lake Balboa, CA 91406

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.