14401 Calvert Street

14401 Calvert Street

Van Nuys, CA 91401

$5,500,000
Price
22,529 / 0.52
Lot Size / Acres

Active Under Contract

Active Under Contract

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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...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.
  1. Listed by Dario Svidler • DRE #01884474 • Brokerage DRE #00625769 • Compass
  2. Listed by Almog Strikowski • DRE #01986816 • Brokerage DRE #00625769 • Compass

Property Details for 14401 Calvert Street

Zoning
[Q]C2-2D-CDO Tier 4
Parcel Number
2240005008
Area
East Van Nuys
Lot Size Area
22529
Source Lot Size Area
Vendor Enhanced
Present Use
Parking Lot
Potential Usage
Build 112+/- by Right or 204+/- by TOC. Or Mixed Use.
Assessor Parcel Number
2240-005-008

Location

Listing Courtesy of Compass, Dario Svidler, DRE #01884474; Compass, Almog Strikowski, DRE #01986816
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LISTING UPDATED: 08/31/2021 03:17 PM

Property Details for 14401 Calvert Street

StatusActive Under Contract
MLS #21-706838
Days on Market815
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.52 AC
CountyLos Angeles County

Location

Listing Courtesy of Compass, Dario Svidler, DRE #01884474; Compass, Almog Strikowski, DRE #01986816
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Building Information for 14401 Calvert Street

Lot Size0.52 AC

Payment Calculator

$30,016 per month

30 year fixed, 7.25% Interest

Principal and Interest

$30,016

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14401 Calvert Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: Other
Contract Info
Contract Info
  • Disclosures: Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Other
  • Lot Acreage: 0.5172
  • Lot Size Square Feet: 22529
  • Lot Size Dimensions: 150x150
  • Source Lot Size Dimensions: Vendor Enhanced
  • Telephone: 1.0
  • Cable: 1.0
  • Possible New Zone: QC2-2D-CDO Tier 4
Lease Terms
Lease Terms
  • Entry Date: 03-17-2021

Property History for 14401 Calvert Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 14401 Calvert Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Van Nuys Elementary School
Public - K to 5
Van Nuys Middle School
Public - 6 to 8
Van Nuys Senior High School
Public - 9 to 12
Ararat Charter School
Charter - K to 5
Rating
School
Distance
Van Nuys Elementary School
PublicK to 5

Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

Ararat Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Dario Svidler, DRE #01884474; Compass, Almog Strikowski, DRE #01986816

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided 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 CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.