CA > Van Nuys
Van Nuys, CA 91405,15157 Covello Street
Van Nuys, CA 91405,15157 Covello Street
Van Nuys, CA 91405,15157 Covello Street
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Jerrod Waller

Jerrod Waller

+1(858) 822-8634
$659,000
Est. payment /mo
2 Beds
1 Bath
811 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 811 sqft

Price per Sqft $812

MLS Listing ID SR25274636

Style Traditional

Bedrooms 2

Full Baths 1

Year Built 1949

Lot Size 7,774 Sqft

Property Sub-Type Detached

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.

Location

State CA

County Los Angeles

Direction Take I-405 N, exit Sherman Way, turn right, then left on Kester Ave and right on Covello St.

Interior

Interior Features Recessed Lighting

Cooling Wall/Window

Flooring Tile, Other/Remarks

Fireplace No

Appliance Gas Range

Exterior

Parking Features Gated, Garage, Garage - Single Door

Garage Spaces 2.0

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Neighborhood

Roof Type Shingle

Accessibility Parking

Porch Porch

Total Parking Spaces 2

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 2221002002

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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MLS Router / San Diego MLS
Listed by Luke Smith Real Brokerage Technologies, Inc.
Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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15157 Covello Street