DWG Capital Group is proud to exclusively present this 40-unit multifamily development at 23024-23026 Ventura Blvd, Woodland Hills, CA 91364 for sale. This undeveloped land property in Woodland Hills, California, just a few blocks east of the Calabasas city limits and next door to the Bowlero bowling alley, presents an excellent multi-use development opportunity for investors and developers. See the attached offering memorandum for details.
PRIME DEVELOPMENT OPPORTUNITY | ±40 UNITS (35 MULTIFAMILY UNITS + 5 LIVE/WORK UNITS) | 23024-23026 VENTURA BLVD, WOODLAND HILLS, CA 91364
PRICE: $3,399,800 / OBO
PRICE/UNIT: ±$84,995 per un-entitled unit
LOCATION: Highly desirable, high-traffic area (Calabasas adjacent) ideal for a live/work rental community
NEW 40-UNIT LIVE/WORK DEVELOPMENT
Purchase & Profit Building Into a Vibrant Development Area Already Underway at the Calabasas Border!
INVESTMENT HIGHLIGHTS:
Location: 23024-23026 Ventura Blvd
Zoning: C-1 use
Parcel Size: 1 parcel totaling approximately 18,774 square feet
Proposed Building Area: 35,309 square feet
Units: 40 units (35 standard apartment units and 5 ground floor retail/office live/work spaces)
Parking: Ample parking with 55 spaces
Cost: $3,399,800 ($84,995 per un-entitled unit)
EXCELLENT LOCATION:
Prime Location: Located in a highly desirable area in Woodland Hills, California, between Ventura Blvd and Highway 101, just east of Valley Circle Blvd.
Accessibility: Easy access to shopping centers, restaurants, entertainment options, and the Warner Center.
Public Transportation: Short walk to the Metro Local Line 161 at the Ventura/Caltrans Station.
Nearby Amenities: Minutes away from the higher-income area of Calabasas, known for its upscale residential communities, high-end shopping, and scenic surroundings.
PROPERTY SPECIFICATIONS:
Price/Parcel: $566,633/parcel
Price/SF: $181/SF
Type & Zoning: C-1
Lot Size: 18,774 SF
Units: 35 units + 5 live/work spaces
DWG Capital Group
Phone: 972.738.8586
Email: jdunning@dwg-re.com
Our team looks forward to your continued business in 2024.
Specializing in:
Multifamily | Development | Industrial | Office | Retail | Debt & Equity