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15157 Covello Street, Van Nuys, CA 91405

Local realty services provided by:CENTURY 21 Affiliated
15157 Covello Street,Van Nuys, CA 91405
$659,000
  • 2 Beds
  • 1 Baths
  • 811 sq. ft.
  • Single family
  • Active
Listed by: luke smith, shaun finn
Office: real brokerage technologies, inc.
MLS#:SR25274636
Source:San Diego MLS via CRMLS

Price summary

  • Price:$659,000
  • Price per sq. ft.:$812.58

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.

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Home facts

  • Year built:1949
  • Listing ID #:SR25274636
  • Added:1 day(s) ago
  • Updated:December 17, 2025 at 03:29 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:811 sq. ft.

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Roof:Shingle
  • Year built:1949
  • Building area:811 sq. ft.

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$659,000
  • Price per sq. ft.:$812.58
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