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.
Property Details
Price:
$659,000
MLS #:
SR25274636
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
vnvannuys
Listed Date:
Dec 16, 2025
Finished Sq Ft:
811
Lot Size:
7,774 sqft / 0.18 acres (approx)
Year Built:
1949
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Appliances
GR
Bathrooms
1 Full Bathroom
Cooling
WW
Flooring
TILE, SEE
Laundry Features
IR, IN
Exterior
Architectural Style
TRD
Community Features
SUB
Construction Materials
STN, STC, GLS
Parking Spots
2
Roof
SHN
Security Features
EXL, SD, COD
Financial
Map
Community
- Address15157 Covello ST Van Nuys CA
- CityVan Nuys
- CountyLos Angeles
- Zip Code91405
Subdivisions in Van Nuys
Market Summary
Current real estate data for Single Family in Van Nuys as of Dec 20, 2025
115
Single Family Listed
35
Avg DOM
343
Avg $ / SqFt
$652,756
Avg List Price
Property Summary
- 15157 Covello ST Van Nuys CA is a Single Family for sale in Van Nuys, CA, 91405. It is listed for $659,000 and features 2 beds, 1 baths, and has approximately 811 square feet of living space, and was originally constructed in 1949. The current price per square foot is $813. The average price per square foot for Single Family listings in Van Nuys is $343. The average listing price for Single Family in Van Nuys is $652,756.
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15157 Covello ST
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