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About the Listing FF7001051 - SR207070299,SR207064138
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 Highlights
Status
Active
Days on Site
1
Property Type
Residential
MLS ®
SR25274636
Year Built
1949
Total Square Footage
811
Lot/Acreage
0.18
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances: Gas Range
- Air Cond: Wall/Window Unit(s)
- Heating:
- Fireplaces:
- Floor: See Remarks,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Recessed Lighting,Storage
- Water: Public
Exterior Details
- Lot Description: Back Yard,Corner Lot,Front Yard,Level with Street,Level,Yard,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway,Garage,Garage - Single Door,Gated,Oversized,Parking Space
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2221002002
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
15157 Covello St Van Nuys, CA 91405
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