15157 Covello Street, Van Nuys (los Angeles), CA 91405

• 2 beds |
• 1 bath |
• 811 sqft

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.

Listing Status:

Active

Date Added:

December 15, 2025 at 06:00AM

Listing Office:

Real Brokerage Technologies, Inc. : 619-248-6434

Listing Agent:

Luke Smith : 310-702-0128

MLS ID:

CRSR25274636

Interior

• General: Family RoomStorage
• Appliances: Gas Range
• Laundry: Laundry RoomInside
• Flooring: TileSee Remarks
• A/C: Ceiling Fan(s)Wall/Window Unit(s)
• Fireplace: None
• Disability Feature: Other

Exterior

• General: Back YardFront YardOther
• Style: Traditional
• Pool: None
• Parking: DetachedOther

Construction

• Windows: Skylight(s)
• General: StoneStuccoGlass1

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS
• School District: Los Angeles Unified
• County: Los Angeles

Lot

• Zoning: 2221002002
• View: Other

Utilities

• Utilities: Natural Gas Connected

Financial

• Source: CRMLS

This listing courtesy of Luke Smith, Real Brokerage Technologies, Inc.