6167 Sylmar Ave - Unentitled Land Zoned C2 | Tier 4 TOC 0.52 Acres of Residential Land Offered at $3,495,000 in Van Nuys, CA 91401

6167 Sylmar Avenue (also known as 14401 Calvert Street) is a premier infill development site in the heart of Van Nuys. This ±22,529-square-foot corner lot is zoned C2-2D-CDO and qualifies for Tier 4 TOC and ED1 incentives, allowing up to 204 units and approximately 209,520 square feet of buildable area without height restrictions. The property is less than 0.2 miles from the G Line Metro Station, and the recently approved 6.7-mile East San Fernando Valley Light Rail along Van Nuys Boulevard which will directly connect the area from one side of the San Fernando Valley to the other, enhancing future transit accessibility.
Situated one block from Van Nuys City Hall and surrounded by government offices, the site benefits from strong infrastructure, high visibility, and reliable demand drivers. The neighborhood supports over 40,000 residents within a one-mile radius and nearly 300,000 within three miles. The corner location offers 150 feet of frontage on both Sylmar Avenue and Calvert Street, providing design flexibility and optimal exposure.
This property offers immediate income through short-term lease to local car dealerships and long-term development upside for multifamily, mixed-use, or transit-oriented projects. Its prime location in a growing Van Nuys submarket ensures strong demographic support and excellent access to transit, shopping, dining, and civic amenities.