RealtyLens
for saleRealtyLens property overview
$1,499,000

15401 Saticoy St

Van Nuys, CA, 91406
View more Van Nuys, CA property pages
4Beds
1.75Baths
2,675Sqft
$560$/sqft

Listing Notes

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.

Market Insights

Below nearby median-8.2%

$560/sqft vs a nearby median of $610/sqft.

Nearby median$610/sqft
Nearby properties5
Property size2,675 sqft
  • -8.2% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,675 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.67M$1.51M$1.84M · 42% confidence
vs ask $1.50M−$174k (−11.6%)

Asking price is about 11.6% below the fair value — likely to draw competing offers if it's still on market.

$610/sqft median across 5 tight comps × 2,675 sqft= $1.63M
  • Pre-war character+$41k +2.5%
Cumulative NYC adjustments+$41k+2.5%

Property Read

FreshnessHistorical market data

Treat this as historical market context until the listing data refreshes.

Market Position-8.2% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
5 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
51 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$1,499,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.