$1,100,000
$100K PRICE DROP

Estimated payment $6,821/month

Total Views 1,722
5 Beds
3.5 Baths
2,553 Sq Ft
$431 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Bike Trail
  • Living Room
  • Central Heating and Cooling System

About This Home

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!

Listing Agent

Ani Bagdasarian

Keller Williams Luxury Brokerage Phone: 310-946-3134 License #02087038 Listed on: 07/14/2025

Keller Williams Luxury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,068

Year Built

  • Built in 1948

Lot Details

  • 5,775 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Interior Spaces

  • 2,553 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 14549
  • Assessor Parcel Number 2218002011
  • $329 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,068

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2218002011
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2553.00 Square Feet
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 430.87
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5775.00
  • Lot Size Acres: 0.1326

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5775.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1272.20
  • Tax Lot: 23
  • Tax Tract Number: 14549
  • TaxOtherAnnualAssessmentAmount: 329.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,068 $828,055 $492,577 $335,478
2024 $10,068 $811,819 $482,919 $328,900
2023 $9,875 $795,901 $473,450 $322,451
2022 $6,993 $580,208 $464,167 $116,041
2021 $6,905 $568,832 $455,066 $113,766
2019 $5,430 $443,882 $322,031 $121,851
2018 $5,367 $435,179 $315,717 $119,462
2016 $5,123 $418,282 $303,458 $114,824
2015 $930 $66,451 $28,938 $37,513
2014 -- $514,319 $407,170 $107,149
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $1,100,000 -8.3% $431 / Sq Ft
07/14/2025 07/14/25 For Sale $1,200,000 +113.1% $470 / Sq Ft
10/10/2019 10/10/19 Sold $563,000 +2.0% $360 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $552,000 +34.0% $352 / Sq Ft
05/31/2015 05/31/15 Sold $412,000 -1.9% $297 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $419,900 -- $303 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $563,000 Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $412,000 Lawyers Title
Grant Deed $345,000 Lawyers Title
Grant Deed $335,000 Lawyers Title
Grant Deed -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 No Value Available
Previous Owner $404,537 FHA
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25157837

California Regional Multiple Listing Service (CRMLS)

APN: 2218-002-011