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    6167 Sylmar Ave Van Nuys, CA 91401

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    6167 Sylmar Ave Van Nuys, CA 91401


    • Parking lots & garages
    • 22,500 SF
    • 0.52 lot acres
    Off-Market
    Last Sale Mar 29, 2024
    $1,350,000
    Property ID
    US09-7441167
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,350,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 6167 Sylmar Ave

    Year built
    1991
    Lot size
    0.52 lot acres
    Property size
    22,500 SF
    Zone code
    LAC2
    Property type
    Parking lots & garages
    APN
    2240-005-008
    APU
    2240005008

    Description

    This exceptional 22,529 square foot corner lot in Los Angeles, CA (APN 2240-005-008), located at 6167 Sylmar Ave and 14401 Calvert St, presents a remarkable development opportunity. Zoned C2 with Tier 4 TOC designation, this property allows for the construction of 112 units by right, or up to 204 units with the utilization of TOC and density bonus benefits. The asking price is $4,000,000, translating to $177.55 per square foot. Situated in a rapidly redeveloping neighborhood, just a block from City Hall, this location offers 150 feet of frontage on both Sylmar Ave and Calvert St, providing significant design flexibility. The property's proximity to government buildings, the LA Sheriff's Department, and LAPD ensures a secure environment. Furthermore, the area benefits from significant growth, job creation, and improved transit options, including a potential Metro Light Rail project along Van Nuys Boulevard, enhancing the property's future value and appeal. There is no height restriction. This is an exceptional opportunity for a savvy developer to capitalize on the area's revitalization and create a high-density residential project. The property is designated as a Qualified Opportunity Zone.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,350,000
      ML approach
      $1,350,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Van Nuys
    County
    Los Angeles
    State
    California
    Longitude
    -118.447
    Latitude
    34.182
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,168
    $178,802
    $42,424
    $221,226
    -
    $0.00
    $0.00
    $0.00
    More about this property
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