15157 Covello Street, Van Nuys, CA 91405
Single-family home
Sold January 2026
Listing Agent: Luke Smith (DRE #02037906) · Listing Office: Real Brokerage Technologies, Inc. · Contact: 310-702-0128 · Bought with: Luke Smith · Real Brokerage Technologies, Inc. · MLS #SR25274636 · Source: CRMLS
About this single-family home
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 description from the January 2026 sale, as reported to CRMLS.
Sale history