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Listed by: Luke Smith (310) 702-0128 DRE #02037906, Shaun Finn DRE #02004086 | Real Brokerage Technologies, Inc. (619) 248-6434
$659,000
2 Beds
1 Bath1 full bath
811sqft
15157 Covello St, Van Nuys, CA 91405
$659,000
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Single Family Residence
Built in 1949
$-- HOA
7,774 sqft lot
$813/sq.ft
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 developmen...
Continue Reading- Houzeo last checked: 12 Minutes ago
- Listing updated: December 16, 2025 at 2:13 pm
- Source: California Regional MLS-CA | MLS#: SR25274636
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1949
HOA Fees
-
Finished Area
811 sqft
Lot Size
7,774 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR25274636
MLS Status
Active
Days on Market
1
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