15401 Saticoy Street
Van Nuys, CA, 91406
(No pictures available yet)
$1,499,000
MLS: OC26098033
Beds
4
Baths
2
Sq Ft
2,675
Lot
0.60 ac
Year Built
1933
MLS #
OC26098033
Days on Market
1
Listed
May 9, 2026
Description
The Clara Alexanian House is a one-of-a-kind offering: a 1933 Spanish Colonial Revival designed by architect James H. Garrott, anchoring a rare 26,000 sq ft flat, street-to-street compound in Van Nuys, adjacent to Lake Balboa. 0.61-acre parcel—roughly 5x a typical LA residential lot. THE RESIDENCE: 2,675 sq ft main home (4 bed / 2 bath) retains authentic period character with hand-painted tile floors and original Spanish Revival detailing, paired with thoughtful upgrades. Generously sized bedrooms; main-floor bedroom + full bath ideal for guests, extended family, or home office. Remodeled upstairs bath. GROUNDS: Resort-style pool framed by mature, private landscaping. Detached accessory studio offers flexible use as home office, guest quarters, or creative space, with potential for ADU conversion subject to permits. Established mini-orchard (lemon, lime, orange, persimmon, calamansi, pomegranate, fig) and abundant flat green space. Horseshoe driveway with dual gates, extensive on-site parking. Fully gated. An entertainer's dream. SYSTEMS: Owned solar, underground utilities, copper plumbing, 200-amp electrical, multi-zone HVAC. Major systems modernized. LOCATION: Established Van Nuys neighborhood with parks, recreation, and dining nearby; Ventura Blvd corridor minutes away. Within the LA Transit Priority Area; approximately 1 mile from the proposed Sepulveda Transit Corridor station. DEVELOPMENT POTENTIAL: (T)R1-1 / (T)RS-1 dual zoning. Lot scale and frontage may support SB9 lot-split opportunities, ADU/JADU additions, or phased compound expansion. ZIMAS notes potential historic significance; no HCM designation or Mills Act in place—preservation incentives may be available subject to buyer pursuit. POSITIONING: Rare combination of scale, era, and architectural pedigree on a flat, fully usable LA parcel—suitable for estate compound living, multigenerational layouts, period-appropriate restoration, ADU/accessory conversion, or SB9 development. Offered as-is, standard sale only. All information regarding zoning, development potential, ADU possibilities, SB9 eligibility, permits, transit plans, and historic status is deemed reliable but must be independently verified by the buyer. Buyer is responsible for all due diligence.
Location
Van Nuys, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Hunter Plescia · Balboa Real Estate, Inc
Payment estimate
$10,960
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $149,900 · Loan: $1,349,100
- Principal & Interest
- $8,536
- Property tax (1.25%)
- $1,561
- Homeowners insurance
- $300
- Mortgage insurance
- $562
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $52,465 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.
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