15157 Covello Street, Van Nuys, CA 91405
- $659,000
- 2
- BD
- 1
- BA
- 811
- SqFt
List Agent Luke Smith () 310-702-0128 Real Brokerage Technologies, Inc.; CoList () Courtesy of Selling Office: Real Brokerage Technologies, Inc., Luke Smith - Selling Agent DRE# and Courtesy of Listing Office Real Brokerage Technologies, Inc., Luke Smith - Agent DRE#
- Sold Price
- $659,000
- List Price
- $659,000
- Closing Date
- Jan 27, 2026
- Status
- CLOSED
- MLS#
- SR25274636
- Year Built
- 1949
- Bedrooms
- 2
- Bathrooms
- 1
- Living Sq. Ft
- 811
- Lot Size
- 7,774
- Lot Location
- Back Yard, Corner Lot, Front Yard, Level, Street Level, Yard
- Days on Market
- 7
- Property Type
- Single Family Residential
- Style
- Traditional
- Property Sub Type
- Single Family Residence
- Stories
- One Level
Property Description
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.
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Additional Information
- Appliances
- Gas Range
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Neighborhood
- Exterior Construction
- Glass, Stone, Stucco
- Patio
- Porch
- Roof
- Shingle
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Los Angeles Unified
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.