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14401 Calvert ST
VAN NUYS CA 91401 US

$5,500,000

Pending Listing ID 21-706838
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Lot: 0.52 Acres
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$5,500,000

Pending Listing ID 21-706838
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14401 Calvert ST 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.

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Property Features

  • Facts
  • Lot Size: 0.52 Acres
  • Property Type: Land
  • Property Sub-type: Other

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 5500000
  • unparsedaddress: 14401 Calvert ST
  • postalcity: VAN NUYS
  • stateorprovince: CA
  • country: US
  • postalcode: 91401
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.5172
  • lotsizeunits: Acres
  • lotsizearea: 0.5172
  • livingareaunits: Square Feet
  • latitude: 34.181948
  • longitude: -118.446876
  • listagentfullname: Dario Svidler
  • listagentemail: hayley.gibson@compass.com
  • listagentkey: 3yd-CLAWCA-C101197
  • listagentmlsid: C101197
  • listagentofficephone: 3102728002
  • listofficekey: 3yd-CLAWCA-X7755901
  • listagentstatelicense: 01884474
  • listofficemlsid: X7755901
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • listingcontractdate: 2021-03-17
  • listagenturl: http://www.compass.com
  • countyorparish: Los Angeles
  • parcelnumber: 2240-005-008
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • view: Other
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.446876, 34.181948
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Listing Changed: 3/26/2024 1:11:59 PM GMT
Source Updated Date: 4/28/2024 6:53:11 AM GMT

Courtesy of: Dario Svidler, Compass, dario@svidlercre.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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