Traditional

15157 Covello Street

Van Nuys , CA 91405

MLS#: SR25274636

$659,000

Status: Active
Listing number: SR25274636
Listing provided by: Real Brokerage Technologies, Inc.
Listing agent phone: None
Last update: 4 days ago
On site: 5 days ago
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Property

Beds

2

Full Baths

1

1/2 Baths

None

Year Built

1949

Sq.Footage

811

Prime opportunity for investors and developers on this 7,774 sq ft corner lot with two driveways and excellent access. The property offers multiple development paths, including SB 9 Two-Unit Development, a potential Urban Lot Split, or a full ground-up rebuild of two new homes. Corner lots rarely offer this level of design flexibility and efficiency. For value-add buyers, the existing main house also provides strong potential: fix and update the home, convert the detached 2-car garage into an ADU, and/or add an additional detached ADU (if not pursuing SB 9). This creates several viable exit strategies, from rental income to resale of multiple units. A versatile development site in a central Van Nuys location near major freeways, retail, and employment centers. Bring your vision and maximize the potential of this unique parcel.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s), Recessed Lighting, Storage, Master Downstairs

  • Total Bedrooms

    2

  • Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Main Level Bedrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Glass, Stone, Stucco

  • Parking

    Driveway, Garage, Gated, Oversized

  • Patio and Porch Features

    Porch

  • Pool

    Yes

  • Pool Features

    None

  • View

    Neighborhood

Area & Lot

  • Lot Features

    Back Yard, Corner Lot, Front Yard, Level

  • Lot Size(acres)

    0.1785

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $659,000

  • Sq. Footage

    811

  • Price/SqFt

    $812

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    23

  • Water Source

    Public

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Location

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Los Angeles

Elementary School

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Listing Courtesy of Luke Smith , Real Brokerage Technologies, Inc.

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Prime opportunity for investors and developers on this 7,774 sq ft corner lot with two driveways and excellent access. The property offers multiple development paths, including SB 9 Two-Unit Development, a potential Urban Lot Split, or a full ground-up rebuild of two new homes. Corner lots rarely offer this level of design flexibility and efficiency. For value-add buyers, the existing main house also provides strong potential: fix and update the home, convert the detached 2-car garage into an ADU, and/or add an additional detached ADU (if not pursuing SB 9). This creates several viable exit strategies, from rental income to resale of multiple units. A versatile development site in a central Van Nuys location near major freeways, retail, and employment centers. Bring your vision and maximize the potential of this unique parcel.

15157 Covello Street

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