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14701 Covello Street, Van Nuys, California 91405, Van Nuys, 91405 - 5 bed, 4 bath

14701 Covello Street, Van Nuys, California 91405 home-pic-0
ACTIVE$1,100,000
14701 Covello Street, Van Nuys, California 91405
5Beds
4Baths
2,553Sqft
5,775Lot
Year Built
1948
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$431
HOA
-
Days on market
-
Sold On
-
MLS number
SR25157837
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(75th), sqft - 2553(96th), beds - 5(94th), baths - 4(91th).

Welcome to 14701 & 14703 Covello St — Two Beautiful Homes on One Lot! This exceptional Van Nuys property offers a spacious main residence and a stunning two-story ADU, ideally situated on a tree-lined corner lot in a quiet neighborhood. The main home (14701 Covello) features 3 generously sized bedrooms and 2 updated bathrooms. Enjoy a bright and welcoming living room with a floor-to-ceiling window that fills the space with natural light and offers peaceful views of the front yard. The updated kitchen is equipped with newer appliances and cabinetry, providing both style and functionality. The large primary bedroom includes a versatile bonus room — perfect for a home office, nursery, or walk-in closet. Laundry hookups are conveniently located near the kitchen. The ADU (14703 Covello), built in 2023, has its own private entrance and offers modern design across two levels. The open-concept first floor includes a spacious living and dining area, with a half bath for guests, while upstairs you'll find 2 comfortable bedrooms and a full bathroom. Currently rented on a month-to-month basis, the ADU presents a fantastic residential income opportunity to help offset your mortgage. Sitting on a 5,775 SQFT corner lot, this unique property is just minutes from local shops, restaurants, and major freeways — offering both comfort and convenience in the heart of the Valley. Don’t miss out on this rare opportunity — live in one and rent the other!

Nearby schools

4/10
Valerio Street Elementary School
Public,•K-5•0.5mi
3/10
Michelle Obama Elementary
Public,•K-5•0.8mi
5/10
Hazeltine Avenue Elementary School
Public,•K-5•0.9mi
4/10
Burton Street Elementary School
Public,•K-5•1.0mi
3/10
Andres And Maria Cardenas Elementary School
Public,•K-5•1.0mi
1/10
Andres And Maria Cardenas Elementary School
Public,•K-5•1.0mi
5/10
Noble Avenue Elementary School
Public,•K-5•1.1mi
5/10
Ranchito Avenue Elementary School
Public,•K-5•1.2mi
2/10
Columbus Avenue School
Public,•K-5•1.2mi
4/10
Cohasset Street Elementary School
Public,•K-5•1.4mi
3/10
Cohasset Street Elementary School
Public,•K-5•1.4mi
3/10
Van Nuys Elementary School
Public,•K-5•1.4mi
4/10
Bassett Street Elementary School
Public,•K-5•1.6mi
3/10
Bassett Street Elementary School
Public,•PK-5•1.6mi
4/10
Sylvan Park Elementary School
Public,•K-5•1.7mi
4/10
Kittridge Street Elementary School
Public,•K-5•1.8mi
3/10
Langdon Avenue Elementary School
Public,•K-5•1.8mi
6/10
Erwin Elementary School
Public,•K-5•2.4mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.8mi
4/10
Parthenia Street Elementary School
Public,•K-5•2.9mi
3/10
Gault Street Elementary School
Public,•K-5•2.9mi
3/10
Gault Street Elementary School
Public,•K-5•3.0mi
7/10
Stagg Street Elementary School
Public,•K-5•3.0mi
3/10
Vista Middle School
Public,•6-8•1.0mi
5/10
James Madison Middle School
Public,•6-8•2.2mi
2/10
Van Nuys Middle School
Public,•6-8•2.7mi
5/10
William Mulholland Middle School
Public,•6-8•3.2mi
3/10
William Mulholland Middle School
Public,•6-8•3.2mi
7/10
Oliver Wendell Holmes Middle School
Public,•6-8•3.7mi
3/10
Northridge Middle School
Public,•6-8•4.2mi
3/10
Robert Fulton College Preparatory School
Public,•6-12•0.3mi
2/10
Panorama High School
Public,•9-12•0.7mi
6/10
Van Nuys Senior High School
Public,•9-12•1.3mi
3/10
James Monroe High School
Public,•9-12•2.5mi
6/10
John H. Francis Polytechnic
Public,•9-12•3.0mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•3.0mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.6mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.6mi
7/10
Northridge Academy High
Public,•9-12•4.8mi

Price History

Date
Event
Price
08/07/25
Price Change
$1,100,000
07/14/25
Listing
$1,200,000
Condition Rating
Excellent
This property features a newly built ADU (2023) with modern design, and the main house has undergone extensive recent renovations, including updated kitchens with newer appliances and cabinetry, updated bathrooms, new flooring (laminate/LVP), fresh paint, and recessed lighting throughout. All visible components appear new or virtually new, meeting current quality standards and requiring no immediate maintenance.
Pros & Cons

Pros

Dual Living & Income Potential: The property features two distinct homes on one lot, including a brand-new ADU (built 2023) that is currently rented month-to-month, offering significant income potential or multi-generational living solutions.
Modern ADU Construction: The two-story ADU, built in 2023, boasts modern design and amenities, ensuring low maintenance and high appeal for tenants or occupants.
Updated Main Residence: The main home (1948) has been updated with newer appliances, cabinetry, and bathrooms, reducing immediate renovation needs for a new owner.
Desirable Lot & Neighborhood: Situated on a tree-lined corner lot in a quiet Van Nuys neighborhood, enhancing curb appeal, privacy, and overall living environment.
Functional & Versatile Space: The main residence includes a versatile bonus room in the primary bedroom, ideal for a home office, nursery, or walk-in closet, adding valuable flexible space.

Cons

Age of Main Residence: While updated, the main house was built in 1948, which may imply older underlying systems (plumbing, electrical, HVAC) that could require future attention or upgrades not covered by cosmetic renovations.
Limited Private Outdoor Space: With two homes on a 5,775 sqft lot, the individual private outdoor areas for each residence might be perceived as limited, potentially impacting lifestyle for some buyers.
Recent Price Reduction: The property has undergone a price reduction from its original list price of $1.2M to $1.1M, which could raise questions for potential buyers regarding initial market reception or perceived value.

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