Van Nuys CA  home offered at $5,500,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

14401 Calvert Street
Van Nuys, California CA 91401
Price: $5,500,000
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Listing ID: 21706838
Price/SqFt: $244.13
Status: Active Under Contract
Acres: 0.510 Acres

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.

Primary Features

County: Los Angeles
Price/SqFt: 244.13
Property Type: Lots and Land
Zoning: [Q]C2-2D-CDO Tier 4

External

Lot Size Area: 22529
Lot Size Dimensions: 150x150
Lot Size Square Feet: 22529

Location

Country: US

Additional

Co List Agent State License: 01986816
Days On Market: 167
List Agent State License: 01884474
Lot Size Units: Square Feet
Parcel Number: 2240005008
Senior Community: no

Financial

Special Listing Conditions: Standard

Zoning Info


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Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listed by: DarioSvidler, DRE #01884474 from Compass 310-272-8002

Contact - Listing ID 21706838

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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