14401 Calvert St
Van Nuys, CA 91401
Unentitled Land Zoned C2 | Tier 4 TOC · Land For Sale · 0.52 AC

Partners CRE | Compass Commercial are proud to exclusively present for sale over half an acre corner lot in the heart of Van Nuys. This part of Van Nuys, a block away from City Hall, is surrounded by a quickly changing neighborhood that is prime for redevelopment. Located at 14401 Calvert St., the property is currently a parking lot situated on the northwest corner of the intersection of Sylmar St. and Calvert St. The Corner Location, along with 150 feet of frontage on both Sylmar Ave. and Calvert St. will allow for tremendous flexibility in design and accommodation of the parking and light that your future homes will require. Take advantage of the recently up-zoned TOC Tier 4 along with the Qualified Opportunity Zone designation of this QC2-2D-CDO Lot in maximizing the best potential for a future build for this growing and improving area. If the aim is to build housing, 112± Units is very doable! Or utilize TOC and density benefits, and build 204± Units! Or make it a mixed use property! The lot is adjacent and close to many Government Buildings from which to draw future tenants with good incomes and being across the street from the LA Sheriff Department and around the corner from the LAPD, that warm feeling of safety abounds. Downtown Van Nuys is growing daily with many jobs opening back up and plenty of Rapid Transit options, including a very-likely-to-happen Metro Light Rail Project down the center of Van Nuys Blvd. that is meant to run from the Orange Bus Line to the south and to the City of San Fernando to the north...and with a possible connection to the Sepulveda Pass Transit Corridor. At a little over $49k per buildable door by-right and NO RSO and 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.