Property listed by Real Brokerage Technologies, Inc., Luke Smith 310-702-0128
15157 Covello Street
Van Nuys, CA 91405
Beds
2
Baths
1
Square Ft.
811
$659,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
1
Square Ft.
811
Lot Size
0.18 Acres
Year Built
1949
MLS Number
SR25274636
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
GasRange
Building
Built in 1949, Living area: 811.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: Front, Construction Materials: Glass, Stone, Stucco
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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