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16822 Valerio StreetLake Balboa, CA 91406

For Sale

$1,299,000

Smart Buyer Rebate $12,990

Welcome to your California oasis -- a single-story ranch home on an expansive 16,000 sq ft lot where everyday living feels like a retreat. Private, sun-drenched, and surrounded by lush greenery, this 4 BD + 3 BA property blends comfort, versatility, and the kind of indoor-outdoor flow that defines life here. A thoughtful, permitted addition connects and functions like a second primary suite -- complete with its own entrance and kitchenette (refrigerator + sink + capped gas line). The Sellers have lived in this property as one house, but it could function as a 3+2 house and a 1+1 ADU. Ideal for multigenerational living, guests, or a luxurious primary retreat separate from the main sleeping wing. Two true primary-style suites give you the flexibility to choose how you want to live. Inside, the open-concept kitchen and dining area is perfect for gathering, while dual-sink vanities in two bathrooms and a warm, intuitive layout make daily living feel effortless. Dual-zone HVAC and both tankless + standard water heaters offer efficiency and comfort throughout the home. Outdoors, the property flourishes with mature avocado, fig, and multiple citrus trees plus tropical flowering plants -- a lush backdrop for relaxation. The large 10' x 20' storage structure provides excellent space for tools, toys, or hobbies, and there's a two-car garage, parking for up to 10 cars -- including room for an RV. Spend sunny days by the sparkling saltwater pool + spa, gather under the covered patio, and imagine the pool house transformed into a studio, gym, or creative space. Recently re-roofed, this 1948 home is a rare combination of space, possibility, and classic California ease -- ready for its next chapter.

Listed by Allison Gold

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License #01865934

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Compass

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323-855-4692

Listed by Ari Afshar

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License #01753779

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Compass

Last updated November 18, 2025

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Source: CRMLS #25618647

Listing Facts

  • TypeSingle-family
  • NeighborhoodLake Balboa
  • Bedrooms4
  • Bathrooms3
  • Days on Prevu6
  • Size2,400 sqft
  • Price per sqft$541

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

11/13/2025
Listed by Compass
$1,299,000

Property Details for 16822 Valerio Street

Exterior

Construction

  • Roof: Composition, Shingle
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1948
  • Architectural Style: Ranch
  • Common Walls: No Common Walls

Features

  • Pool Features: Fenced, In Ground, Salt Water

Measurements

  • Building Area Total: 2,400
  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.37
  • Lot Size Area: 16,224
  • Lot Size Dimensions: 120,135
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 16,224
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 2226030004

Interior

Features

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Features: Ceiling Fan(s), Walk-In Pantry, Walk-In Closet(s)
  • Spa Features: In Ground
  • Spa: Yes

Measurements

  • Living Area: 2,400
  • Living Area Source: Assessor

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4

Parking

Parking

  • Attached Garage: Yes
  • Parking Features: Concrete, Door-Multi, Garage, Oversized
  • Parking Total: 10

Utilities

Equipment

  • Cooling: Central Air, Dual
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.