15401 Covello Street
Van Nuys, CA, 91406
$799,000
MLS: 26659825
Beds
3
Baths
2
Sq Ft
1,558
Lot
0.13 ac
Year Built
1965
MLS #
26659825
Days on Market
45
Listed
Mar 4, 2026
Description
"JUST REDUCED $40,000 Now priced under $800K! Seller is motivated and ready for offers this is your opportunity to secure a Balboa Park-adjacent home at an exceptional value." Recent price improvement is designed to attract immediate interest schedule your showing before it's gone. "Charming 3-bedroom, 2-bath home in a prime Balboa Park adjacent location in Van Nuys. Situated on a quiet residential street, this property features a beautiful green front yard with a mature citrus tree and a lovely private backyard with lush greenery perfect for relaxing or entertaining.Inside, the home offers a great layout highlighted by a large mid-century rock fireplace that anchors the main living space and adds timeless character. The kitchen includes a breakfast area and convenient laundry space, offering functionality and flexibility for everyday living.A spacious double-car garage provides ample parking and storage. Leaased Solar system to help with electric bills. The home is livable as is but offers an excellent opportunity for a refresh and personalization, making it ideal for buyers looking to add value.Located just minutes from Balboa Park, the 405 freeway, Costco, and abundant shopping and dining, this property combines neighborhood charm with exceptional convenience.
Location
Van Nuys, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Susan Marfleet · Keller Williams Beverly Hills
Payment estimate
$5,850
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $79,900 · Loan: $719,100
- Principal & Interest
- $4,418
- Property tax (1.25%)
- $832
- Homeowners insurance
- $300
- Mortgage insurance
- $300
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Van Nuys home with as little as 3.5% down using an FHA loan — roughly $27,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 91406 (Van Nuys) within ±10% of this home's price and size.
$749,500
7446 Dempsey
Lake Balboa, 91406
$799,500
7701 Orion Avenue
Van Nuys, 91406
$825,000
6909 Peach Avenue
Van Nuys, 91406
$845,000
6446 Mclennan
Van Nuys, 91406
$849,900
7027 Gloria Avenue
Lake Balboa, 91406
$849,950
6737 Jellico
Lake Balboa, 91406
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.