Listing Agent: Luke Smith Broker/Office: Real Brokerage Technologies, Inc.
15157 Covello Street Van Nuys CA 91405
$ 659,000
2
| 1
| 811 Sq Feet
Listing ID
#SR25274636
Status
Active
Property Type
Single Family Residence
Property Style
Traditional
County
Los Angeles
Year Built
1949
Days on website
2
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.
Location
Financial Information
List Price:
$ 659000
Property Features
Accessibility Features:
Parking
Community Features:
Suburban
Construction Materials:
Glass, Stone, Stucco
Electric:
Standard
Fencing:
Block
Flooring:
Tile
High School District:
Los Angeles Unified
Interior Features:
Storage
Laundry Features:
Inside
Levels:
One
Lot Features:
Level, Yard
Parking Features:
Driveway, Garage, Gated, Oversized
Patio And Porch Features:
Porch
Property Condition:
Fixer
Road Surface Type:
Paved
Roof:
Shingle
Senior Community YN:
false
Structure Type:
House
View:
Neighborhood
Water Source:
Public
High School District:
Los Angeles Unified
MLS Area Major:
VN - Van Nuys
City:
Van Nuys
Senior Community YN:
false
Listed By:
Luke Smith
Real Brokerage Technologies, Inc.
Co-listed by Shaun Finn
CA Lic#
Co-listed by Shaun Finn
CA Lic#