15157 Covello Street, Van Nuys, California 91405, Van Nuys, 91405 - 2 bed, 1 bath
ACTIVE UNDER CONTRACT$669,000
15157 Covello Street, Van Nuys, California 91405
2Beds
1Bath
811Sqft
7,774Lot
Price Vs. Estimate
The estimated value ($620,515.58) is $48,484.42 (7%) lower than the list price ($669,000). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Neighborhood: The property is situated in a 'great Van Nuys neighborhood,' indicating a sought-after location that enhances its appeal and potential for appreciation.
Top Cons:
Incomplete Foundation Finishing: Despite the foundation repair, 'some areas remain exposed,' implying that cosmetic 'finishing touches' are still required, which will incur additional cost and effort for the buyer.
Compared to the nearby listings
Price:$669.0K vs avg $875.0K ($-206,000)4%
Size:811 sqft vs avg 1,623 sqft2%
Price/sqft:$825 vs avg $54394%
More Insights
Built in 1949 (76 years old).
Condition: Built in 1949, this 75-year-old property shows significant signs of disrepair and deferred maintenance. The MLS description notes 'foundation damage has been repaired, though some areas remain exposed, giving buyers peace of mind with room for finishing touches,' indicating unfinished structural work. Images reveal severely cracked and damaged checkered flooring in the main living areas, requiring immediate and substantial replacement. While no images of the kitchen or bathroom are provided, the visible condition of other interior spaces suggests these areas likely also require extensive renovation. The property is not move-in ready and demands substantial repairs and rehabilitation to be comfortable and fully functional.
Year Built
1949
Close
-
List price
$669K
Original List price
$669K
Price/Sqft
$825
HOA
-
Days on market
-
Sold On
-
MLS number
OC25199470
Home ConditionPoor
Features
ViewNeighborhood
About this home
Welcome to 15157 Covello St, located in a great Van Nuys neighborhood. This home showcases craftsmanship throughout, offering a blend of charm and function. The foundation damage has been repaired, though some areas remain exposed, giving buyers peace of mind with room for finishing touches. A large privacy fence and oversized gates provide security and seclusion, while the detached two-car garage adds convenience and flexibility. With ample storage and a spacious yard, this property is perfect for those looking to enjoy both comfort and outdoor living.
Nearby schools
4/10
Valerio Street Elementary School
Public,•K-5•0.3mi
4/10
Cohasset Street Elementary School
Public,•K-5•0.8mi
3/10
Cohasset Street Elementary School
Public,•K-5•0.8mi
5/10
Noble Avenue Elementary School
Public,•K-5•1.0mi
3/10
Michelle Obama Elementary
Public,•K-5•1.0mi
2/10
Columbus Avenue School
Public,•K-5•1.1mi
4/10
Bassett Street Elementary School
Public,•K-5•1.1mi
3/10
Bassett Street Elementary School
Public,•PK-5•1.1mi
5/10
Hazeltine Avenue Elementary School
Public,•K-5•1.5mi
3/10
Andres And Maria Cardenas Elementary School
Public,•K-5•1.5mi
4/10
Burton Street Elementary School
Public,•K-5•1.5mi
1/10
Andres And Maria Cardenas Elementary School
Public,•K-5•1.5mi
3/10
Langdon Avenue Elementary School
Public,•K-5•1.6mi
4/10
Sylvan Park Elementary School
Public,•K-5•1.6mi
3/10
Van Nuys Elementary School
Public,•K-5•1.7mi
5/10
Ranchito Avenue Elementary School
Public,•K-5•1.7mi
4/10
Kittridge Street Elementary School
Public,•K-5•2.3mi
3/10
Gault Street Elementary School
Public,•K-5•2.3mi
4/10
Parthenia Street Elementary School
Public,•K-5•2.4mi
3/10
Gault Street Elementary School
Public,•K-5•2.4mi
7/10
Stagg Street Elementary School
Public,•K-5•2.4mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.8mi
6/10
Erwin Elementary School
Public,•K-5•2.8mi
3/10
Vista Middle School
Public,•6-8•1.0mi
3/10
William Mulholland Middle School
Public,•6-8•2.6mi
5/10
William Mulholland Middle School
Public,•6-8•2.6mi
2/10
Van Nuys Middle School
Public,•6-8•2.8mi
5/10
James Madison Middle School
Public,•6-8•2.8mi
7/10
Oliver Wendell Holmes Middle School
Public,•6-8•3.2mi
3/10
Northridge Middle School
Public,•6-8•3.7mi
3/10
Robert Fulton College Preparatory School
Public,•6-12•0.4mi
2/10
Panorama High School
Public,•9-12•1.0mi
6/10
Van Nuys Senior High School
Public,•9-12•1.4mi
3/10
James Monroe High School
Public,•9-12•2.2mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•3.4mi
6/10
John H. Francis Polytechnic
Public,•9-12•3.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.2mi
7/10
Northridge Academy High
Public,•9-12•4.3mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.3mi
Condition Rating
Poor
Built in 1949, this 75-year-old property shows significant signs of disrepair and deferred maintenance. The MLS description notes 'foundation damage has been repaired, though some areas remain exposed, giving buyers peace of mind with room for finishing touches,' indicating unfinished structural work. Images reveal severely cracked and damaged checkered flooring in the main living areas, requiring immediate and substantial replacement. While no images of the kitchen or bathroom are provided, the visible condition of other interior spaces suggests these areas likely also require extensive renovation. The property is not move-in ready and demands substantial repairs and rehabilitation to be comfortable and fully functional.
Pros & Cons
Pros
Desirable Neighborhood: The property is situated in a 'great Van Nuys neighborhood,' indicating a sought-after location that enhances its appeal and potential for appreciation.
Foundation Repair Completed: Crucially, the 'foundation damage has been repaired,' addressing a significant structural concern and offering buyers 'peace of mind' regarding a major potential issue.
Enhanced Privacy and Security: A 'large privacy fence and oversized gates provide security and seclusion,' a valuable feature for homeowners seeking a private and safe environment.
Detached Two-Car Garage: The 'detached two-car garage adds convenience and flexibility,' offering potential for an Accessory Dwelling Unit (ADU) conversion, workshop, or additional storage.
Spacious Yard & Outdoor Potential: With a generous 7,774 sqft lot, the 'spacious yard' is perfect for 'outdoor living,' gardening, or potential future expansion.
Cons
Incomplete Foundation Finishing: Despite the foundation repair, 'some areas remain exposed,' implying that cosmetic 'finishing touches' are still required, which will incur additional cost and effort for the buyer.
Compact Interior Size: At 811 sqft with 2 beds and 1 bath, the interior living space is relatively small, which may limit its appeal to larger families or those desiring more expansive living areas.
Age of Property: Built in 1949, the home is over 70 years old, suggesting that major systems (plumbing, electrical, HVAC) may be original or outdated, potentially requiring significant future investment for upgrades or maintenance.