18529 Calvert St

Tarzana

 

$10,250,000

 
 
 
 

24

UNITS

$447.23

PRICE/SF

$427,083

PRICE/UNIT

2018

YEAR BUILT

22,919

GROSS SQ FT

4.24%

CAP

16.53

GRM
 

LAAA is proud to present 24 brand new construction units located at 18529 Calvert Street in Tarzana, California. Built in 2018, this non-rent control offering consists of 10- 1 bedroom/1 bathroom and 14- 2 bedroom/2 bathroom units. The property features central air and heat, stainless steel kitchen appliances, in-suite washers and dryers, gated parking, and is separately metered for water, gas and electric.

Located in the heart of the San Fernando Valley, Calvert Place offers proximity to outdoor recreation, schools, major employment hubs, ease of access to freeways and transportation (5 minute walk to the Orange Line). Further, The City of Tarzana includes a 2-mile stretch of Ventura Boulevard that contains The Tarzana Square Shopping Center and world class dining & entertainment all within a short 5 minute drive. In a dense central location, this submarket offers a excellent 97% apartment occupancy rate and limited new construction supply.

Fast becoming the next up-and-coming area, less than a 2 minute drive from Calvert Place is a planned redevelopment of 4.3 acres into a "Creative Office Campus." At the intersection of Oxnard and Reseda, currently sits 4 standalone flex and industrial buildings totaling 73,000 SF. Formerly used as production space, the buildings will now be converted into state-of-the-art studios and creative offices that will be branded ELEVAR.

Calvert Place boasts an excellent, central location within the western San Fernando Valley that is proximate to learning institutions, major employers, shopping, dining and entertainment.

 
 
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Glen Scher

Vice President

O: (818) 212-2808

M: (818) 667-6683

Email Now

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Filip Niculete

Vice President

O: (818) 212-2748

M: (818) 577-9893

Email Now