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17209 Stagg Street, Van Nuys, California 91406, Van Nuys, 91406 - 4 bed, 3 bath

17209 Stagg Street, Van Nuys, California 91406 home-pic-0
ACTIVE$999,000
17209 Stagg Street, Van Nuys, California 91406
4Beds
3Baths
1,595Sqft
6,500Lot
Year Built
1954
Close
-
List price
$999K
Original List price
$1.02M
Price/Sqft
$626
HOA
-
Days on market
-
Sold On
-
MLS number
25484277
Home ConditionExcellent
Features
View-

About this home

Possibly Over-Priced:The estimated price is 36% below the list price. We found 3 Cons,6 Pros. Rank: price - $999.0K(71th), sqft - 1595(58th), beds - 4(73th), baths - 3(77th).

Back on Market! Don't miss this opportunity to own two homes on one lot in the highly sought after community of Lake Balboa! Includes large, newly renovated 3 bedroom and 2 bath house with fully permitted 1 bedroom ADU. Perfect for large families, or live in one and rent out the other to supplement your mortgage. Both properties have their own addresses and are permitted for separate electric and gas meters. The traditional 3 bedroom, 2 bath home has beautiful modern finishes, offers central AC and heat, newer flooring and fully renovated bathrooms & kitchen. Main house has all new stainless steel appliances. Large landscaped front and back yards with recently added sprinklers. No expense was spared in renovating this house. The ADU is 1 bedroom and 1 bath with a living area,full kitchen, and separate bedroom, AC/heat, and dishwasher. Property is tenant occupied but could be delivered vacant

Nearby schools

7/10
Stagg Street Elementary School
Public,•K-5•0.1mi
6/10
Lorne Street Elementary School
Public,•K-5•0.4mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.7mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.7mi
3/10
Gault Street Elementary School
Public,•K-5•0.9mi
3/10
Gault Street Elementary School
Public,•K-5•1.0mi
5/10
Cantara Street Elementary School
Public,•K-5•1.1mi
6/10
Lemay Street Elementary School
Public,•K-5•1.3mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.4mi
5/10
Lemay Street Elementary School
Public,•K-5•1.4mi
3/10
Bassett Street Elementary School
Public,•PK-5•2.1mi
4/10
Bassett Street Elementary School
Public,•K-5•2.2mi
4/10
Sylvan Park Elementary School
Public,•K-5•3.3mi
9/10
Kester Avenue Elementary School
Public,•K-5•4.2mi
3/10
William Mulholland Middle School
Public,•6-8•1.3mi
3/10
Northridge Middle School
Public,•6-8•1.3mi
5/10
William Mulholland Middle School
Public,•6-8•1.5mi
2/10
Van Nuys Middle School
Public,•6-8•4.4mi
4/10
Reseda Senior High School
Public,•9-12•2.0mi
7/10
Northridge Academy High
Public,•9-12•2.4mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.3mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.3mi
6/10
Van Nuys Senior High School
Public,•9-12•3.4mi
Condition Rating
Excellent
Despite being built in 1954, this property has undergone a comprehensive and recent renovation, as explicitly stated in the description ('newly renovated,' 'fully renovated bathrooms & kitchen,' 'no expense was spared'). The images confirm modern finishes throughout, including new wood-look laminate flooring, contemporary light fixtures, and fresh paint. The main house kitchen features new stainless steel appliances, white quartz countertops, and subway tile backsplash, with modern two-tone cabinetry. Bathrooms are also fully updated with modern tiling and fixtures. Both the main house and the permitted ADU boast central AC/heat. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Income-Generating Potential: Features two homes on one lot, including a fully permitted Accessory Dwelling Unit (ADU) with separate addresses and utility meters, offering significant rental income potential or flexible multi-generational living.
Extensive Recent Renovation: Both the main house and ADU have undergone comprehensive, recent renovations, boasting modern finishes, new flooring, fully updated kitchens (with new stainless steel appliances in the main house), and renovated bathrooms.
Modern Comforts: Both the main house and the ADU are equipped with central AC and heat, providing essential year-round comfort.
Desirable Location: Located in the 'highly sought after community of Lake Balboa,' which typically attracts strong buyer interest and offers a desirable living environment.
Enhanced Curb Appeal & Outdoor Space: The property includes large, landscaped front and back yards with recently added sprinklers, contributing to attractive curb appeal and ample outdoor living space.

Cons

Significant Price Discrepancy: The current list price of $999,000 is substantially higher than the property's estimated value of $631,316.665, which could indicate overpricing and deter potential buyers.
Market History Concerns: The property is 'Back on Market' after an initial price reduction from $1,025,000, suggesting previous challenges in attracting a buyer and potentially indicating market resistance to the pricing.
Tenant Occupancy: While the property 'could be delivered vacant,' it is currently tenant-occupied, which may complicate showing schedules or require additional coordination for a smooth transition for owner-occupants.

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