23024-23026 Ventura Blvd - Residential LAND FOR SALE


Woodland Hills, CA 91364 18,731 SF
$3,399,800 USD
310-261-8428
23024-23026 Ventura Blvd, Woodland Hills, CA for Sale
$3,399,800 USD
Residential LAND - FOR SALE
1/20
18,731 SF

23024-23026 Ventura Blvd
Woodland Hills, CA 91364


HIGHLIGHTS

  • Calabasas Adjacent! Right by Metro Local Line 161 at the Ventura/Caltrans Station
  • Located between the Ventura Blvd and Highway 101 just east of Valley Circle Blvd.
  • Easy access to various amenities, including shopping centers, restaurants, and entertainment options all near the Warner Center
  • 35 Units + 5 live/work spaces with 55 parking spaces
  • The area, with over 187,000 residents and an average household income exceeding $82,898, features a walk score of 89, indicating excellent walkability
  • Six-story building, standing 68 feet tall, features a diverse unit mix for professional and eco-friendly needs

OVERVIEW

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

FOR SALE DETAILS

PRICE

$3,399,800 USD

PRICE/ACRE

$7,906,427/AC

PRICE/SF

$182 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

NEW! 40U Resi/Live-Work Calabasas Adj Dev Opp

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units, Industrial Live/Work Unit, Single Family Residence

LAND ACRES

0.43 AC

LAND SF

18,731 SF

OFFSITE IMPROVEMENTS

-

ZONING

C1-1VLD

APN/PARCEL ID

2042-006-049,2042-006-050,2042-006-051,2042-006-052,2042-006-053,2042-006-054

ASK ABOUT THIS PROPERTY

Judd DunningDWG CAPITAL GROUP ( Formerly NGKF/ARA)More Info
310-261-8428

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Judd DunningDWG CAPITAL GROUP ( Formerly NGKF/ARA)More Info
310-261-8428

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.