Seller Financing
Address
14401 Calvert Street Van Nuys, CA
Price
$ 5,500,000
Property Attributes
  • MLS#21706838
  • TypeLand
  • CountyLOS ANGELES
  • CityVan Nuys
  • Zip91401
  • Style
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.52 Acres
Listing Provided Courtesy Of:
Dario Svidler with Compass.
Data Source:
CRMLS
Property Description

Presented for sale is an over half acre corner lot in the heart of Van Nuys. This property, a block away from City Hall, is surrounded by a quickly changing neighborhood that is prime for redevelopment. The corner lot, with 150 feet of frontage on both Sylmar Ave. and Calvert St., will allow for tremendous flexibility in design and accommodation of the parking & light for a future project. With a recently up-zoned TOC Tier 4 along with the Qualified Opportunity Zone designation, maximize the potential for a future build. If the aim is housing, 112+/- Units is very doable! Or utilize TOC & density benefits, and build 204+/- Units! Or make it a mixed use property! The lot is adjacent & close to many Government Buildings from which to draw future tenants with good incomes. Being across the street from the LA Sheriff Department & around the corner from the LAPD, that warm feeling of safety abounds. Consider the likely-to-happen Metro Light Rail Project down the center of Van Nuys Blvd. that is meant to run from the Orange Bus Lineto the City of San Fernando...and with a possible connection to the Sepulveda Pass Transit Corridor. At a little over $49k per buildable door by-right & NO RSO & NO ELLIS or relocation needs, this property is priced to sell. Seller Financing with attractive terms will be a requirement of sale. Also known as 6167 Sylmar Ave.

Price History
3/17/2021 Listed $5,500,000

General Features

Co-Listing Agent State License # 01986816
Listing Agent Dario Svidler - BRE#01884474
Listing Agent State License 01884474
Property Type Land
Special Listing Conditions Standard
Zoning [Q]C2-2D-CDO Tier 4

Exterior Features

Lot Dimensions 150x150
Lot Size Acres 0.51
Lot Size Area 22529
Lot Size Square Feet 22529
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 91401

Price
AVG $2.85M
$5.5M
Visits
AVG 23
32
Walkscore
AVG 79
76
Data Provided by Walkscore ® not using MLS data

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