$659,000
Sold Price15157 Covello Street, Van Nuys, CA 91405
About this home
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.
infoProperty Facts
Bedrooms
2
Bathrooms
1
Square Feet
811
Lot Size
7,774 sqft
Year Built
1949
Property Type
Single Family Residence
Days on Market
7
HOA Fee
N/A
Garage Total
2
MLS #
SR25274636
chairInterior Details
General Interior
Interior Features
Ceiling Fans, Recessed Lighting, Storage, Bedroom On Main Level, Main Level Primary
Flooring
See Remarks, Tile
Accessibility
Parking
Kitchen & Appliances
Appliances
Gas Range
Laundry
Inside, Laundry Room
Bed & Bath
Main Level Master
Yes
Climate Control
Cooling
Wall Window Units
deckExterior & Lot
Building & Construction
Patio & Porch
Porch
Fencing
Block
Security
Carbon Monoxide Detectors, Smoke Detectors, Security Lights
Construction
Glass, Stone, Stucco
Roof
Shingle
Nearby Schools
| Rating | School Name |
|---|---|
| 9 | GreatSchools High (Demo) public |
| 7 | Valley View Elementary (Demo) public |
| 6 | Lincoln Middle School (Demo) public |
| NR | St. Mary Example Academy (Demo) private |
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