6167 Sylmar Avenue

Van Nuys, CA 91401

$4,000,000
Price
22,536 / 0.52
Lot Size / Acres

Description

We proudly presents 6167 Sylmar Ave, also known as 14401 Calvert St, a 22,529 square foot corner lot in the heart of Van Nuys. The property is located just a block away from City Hall and is surrounded by a neighborhood undergoing redevelopment. Situated at 6167 Sylmar Ave, the property is currently a parking lot located 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, offers tremendous...We proudly presents 6167 Sylmar Ave, also known as 14401 Calvert St, a 22,529 square foot corner lot in the heart of Van Nuys. The property is located just a block away from City Hall and is surrounded by a neighborhood undergoing redevelopment. Situated at 6167 Sylmar Ave, the property is currently a parking lot located 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, offers tremendous flexibility in design and parking accommodation for future homes. The property takes advantage of the recently up-zoned TOC Tier 4 and the Qualified Opportunity Zone designation of this QC2-2D-CDO Lot, maximizing its potential for future development in this growing and improving area. A savvy developer could build 112 units by right or utilize TOC and density bonus benefits to build 204 units. The lot is near many government buildings, providing easy access to potential future tenants with good incomes. Furthermore, its proximity to the LA Sheriff's Department and LAPD offers a sense of safety. Downtown Van Nuys is experiencing growth with job opportunities and rapid transit options, including the potential Metro Light Rail Project along Van Nuys Blvd, connecting the Orange Bus Line to the south and the City of San Fernando to the north, and possibly linking to the Sepulveda Pass Transit Corridor. Metro staff are recommending a 9.2-mile light rail line between the Orange Line's Van Nuys Station and the Sylmar/San Fernando Metrolink Station for the East San Fernando Valley Transit Corridor project. The Metro Board of Directors will consider adopting light rail as the "locally preferred alternative" at their next meeting. The new rail line would run mostly down the center of Van Nuys Boulevard and along the San Fernando railroad right-of-way, adjacent to San Fernando Road. The line would have 14 stations with an end-to-end travel time of 31 minutes. Metro staff determined that light rail was faster, offered more capacity and would better serve the community in the future than bus rapid transit (BRT), the other type of transit under study for the project. Van Nuys Boulevard is the second-busiest bus corridor in the San Fernando Valley and seventh-highest in the Metro system. The rail line would also offer transfers to/from the Orange Line, several busy Metro bus lines, Metrolink, Amtrak and two future Metro projects the Sepulveda Transit Corridor rail line and the North San Fernando Valley BRT line.
  1. Listed by Filip Niculete • DRE #01905352 • Brokerage DRE #01238010 • Marcus & Millichap
  2. Listed by Glen Scher • DRE #01962976 • Brokerage DRE #01238010 • Marcus & Millichap

Property Details for 6167 Sylmar Avenue

Zoning
LAC2
Parcel Number
2240005008
Area
East Van Nuys
Lot Size Area
22536
Source Lot Size Area
Vendor Enhanced
Present Use
Parking Lot
Potential Usage
Can Build 112 Units by Right, or204 Units with Tier 4 TOC
Assessor Parcel Number
2240-005-008
LISTING UPDATED: 07/17/2024 12:01 AM

Property Details for 6167 Sylmar Avenue

StatusActive
MLS #24-413029
Days on Market162
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.52 AC
CountyLos Angeles County

Building Information for 6167 Sylmar Avenue

Lot Size0.52 AC

Property Information for 6167 Sylmar Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.5174
  • Lot Size Square Feet: 22536
  • Lot Size Dimensions: 150x150
  • Source Lot Size Dimensions: Vendor Enhanced
  • Telephone: 1.0
  • Cable: 1.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 07-09-2024

Property History for 6167 Sylmar Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6167 Sylmar Avenue

Taxable ValueLand$178,802Additions$42,424Total$221,226
Tax Record2024$4,168 ($347 / month)
Home Facts
Total Finished SqFt22,500 SqFtAbove Grade Finished SqFt22,500 SqFtLot Size22,529 SqFtStyleParking LotYear Built1991ZoningLAC2CountyLOS ANGELESAPN2240-005-008

Schools near 6167 Sylmar Avenue

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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More information about 6167 Sylmar Avenue, Van Nuys, CA 91401

6167 Sylmar Avenue is a 0.52 ac of land for sale in Van Nuys, CA 91401. This property was listed for sale on July 9, 2024 by Marcus & Millichap, it's currently listed at $4,000,000. It has been on the market for a total of 162 days and was last sold on February 23, 2024. This listing's school district is Los Angeles Unified School District. Nearby schools include Van Nuys Elementary School, Van Nuys Middle School and Van Nuys Senior High School. 6167 Sylmar Avenue is a 0-bed, 0-bath, 0.52 ac of land on a 22,536 sq. ft. / 0.52 acres lot.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Filip Niculete, DRE #01905352; Marcus & Millichap, Glen Scher, DRE #01962976

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.