Welcome to beautiful Lake Balboa! This is your chance to get into an immaculate property with all the right upgrades, a property you’ll be proud to own! Be the first one to live in this great house with over 1600 sqft newly built addition, it’s practically NEW CONSTRUCTION. Welcome to 17406 Valerio St – on a beautiful & walkable street in ultra-hot Lake Balboa, just north of Encino. The original 773 sqft house was stripped to the studs and completely redone, the seller has gone above and beyond to make this five bedroom and three full bathroom property your dream home. You will be awe the moment you step in as you will be overtaken by the gorgeous interior, details, expensive oversize tile in the living room/kitchen, engineered wood floor in all bedrooms, and captivated by the oversized kitchen island. There are TWO NEWLY BUILT MASTER EN-SUITES – one downstairs and one upstairs, both en-suites have walk in closet, standing shower, freestanding tub, and upstairs has a huge 400 sqft balcony overlooking the backyard. Upgrades include NEW electrical & plumbing, NEW fire sprinkler system, NEW kitchen, NEW bathrooms, two NEW tankless water heater, NEW tile flooring in the living room, NEW engineered wood flooring in the bedrooms, NEW roof, NEW insulation, NEW drywall, NEW double pane windows, NEW landscaping, EVERYTHING IS NEW!!! This unique property is located in a prime location steps away from local businesses such as Saticoy Plaza (Starbucks, Ralph’s supermarket, and others), local favorite Humble Bee Cafe, plus a short drive to Lake Balboa Park, Japanese Garden, Encino Farmers Market, golf courses, Metro, and Ventura Blvd entertainment. This is your opportunity to own your dream home!