Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSR25274636
MLS Source
California Regional MLS
Days on Site
1
Interior Features
Bedrooms
Ground Floor Bedroom, Primary Suite/Retreat
Appliances
Other, Oven Range - Gas
Dining Room
Other
Family Room
Other
Fireplace
None
Flooring
Other
Laundry
In Laundry Room, Other
Cooling
Ceiling Fan, Window/Wall Unit
Exterior Features
Roof
Shingle
Pool
None
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Garage, Gate/Door Opener, Other, Parking Area, Room for Oversized Vehicle, Garage: 2 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Contact Information
Listing Agent
Luke Smith
Real Brokerage Technologies, Inc.
License #: 02037906
Phone: (310) 702-0128
Co-Listing Agent
Shaun Finn
Real Brokerage Technologies Inc
License #: 02004086
Phone: –
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
15157 Covello St is a Single Family Residence in Van Nuys, CA 91405. This 811 square foot property sits on a 7,774 Sq Ft Lot and features 2 bedrooms & 1 full bathrooms. It is currently priced at $659,000 and was built in 1949. This address can also be written as 15157 Covello St, Van Nuys, CA 91405.
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This listing information is up-to-date as of December 16, 2025. For the most current information, please contact Luke Smith, (310) 702-0128
