6569 Van Nuys Boulevard

    Van Nuys, CA 91401
    • $15,000,000
    • STATUS: Active
    • ON SITE: 132 days
    • ID#: SR18146540
    UPDATED: 69 min ago
    $15,000,000
    • 0
      BEDS
    • 1.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    JJJ EXEMPT and "Opportunity Zone" tax incentives makes this a terrific deal! Entitled mix use development in the heart of Van Nuys. Walk Score is 88 for this site. Walking distance from the Civic Center this 174 unit mix use building is full of amenities to satisfy the most demanding of tenants. Proposed pool and Jacuzzi, gymnasium, business center, washer and dryer hook ups in every unit and plenty of open space in its stepped up design. The retail space is a divisible 18,400 Sf served by an on grade parking. The residents parking is segregated to 2 levels of subterranean parking. There are over 130 additional parking spaces in the residential area. We believe this feature will attract many residents looking for ease of parking as well as improve lease renewals and the always important NOI. The new Buyer could have this project RTI by the end of 2018 and begin construction in January 2019.The City of Van Nuys is ripe for new development as demonstrated by the success of the IMT Sherman Circle project just about 1 mile north of this site.Buyer to verify all information

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T11:28:02.31. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/85430664

    6569 Van Nuys Boulevard Van Nuys, CA 91401

    • Price: $15,000,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: SR18146540
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.29
    Acres
    Neighborhood:
    VN - Van Nuys
    County:
    Los Angeles
    Area:
    VN - Van Nuys
    Property Description
    JJJ EXEMPT and "Opportunity Zone" tax incentives makes this a terrific deal! Entitled mix use development in the heart of Van Nuys. Walk Score is 88 for this site. Walking distance from the Civic Center this 174 unit mix use building is full of amenities to satisfy the most demanding of tenants. Proposed pool and Jacuzzi, gymnasium, business center, washer and dryer hook ups in every unit and plenty of open space in its stepped up design. The retail space is a divisible 18,400 Sf served by an on grade parking. The residents parking is segregated to 2 levels of subterranean parking. There are over 130 additional parking spaces in the residential area. We believe this feature will attract many residents looking for ease of parking as well as improve lease renewals and the always important NOI. The new Buyer could have this project RTI by the end of 2018 and begin construction in January 2019.The City of Van Nuys is ripe for new development as demonstrated by the success of the IMT Sherman Circle project just about 1 mile north of this site.Buyer to verify all information
    Exterior Features

    Lot Features Corner LotLevel With StreetLot Over 40000 SqftLot Shape-RectangularLot-Level/FlatNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet View Mountain View YN Yes

    Property Features

    Additional Parcels Description 22360110072236011006 Additional Parcels YN Yes Association Fee 0.00 Association YN No Community Features CurbsStreet LightingValley Country Us Distance To Water Comments At Curve Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning Lac2

    Listing provided courtesy of Pablo Kupersmid of Index Real Estate investments.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T11:28:02.31. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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