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23024-23026 Ventura Blvd
Woodland Hills, CA 91364

NEW! 40U Resi/Live-Work Calabasas Adj Dev Opp · Land For Sale · 0.43 AC

Investment Highlights

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

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Total Lot Size 0.43 AC

Description

The property is located at 23024-23026 Ventura Blvd and is zoned for C-1 use. It is situated on 1 parcel, totaling approximately 18,774 square feet, providing ample space for innovative design and construction. The proposed building encompasses a total area of 35,309 square feet. The development plan includes the construction of 40 units, consisting of 35 standard apartment units and 5 ground floor retail/office live/work spaces and ample parking with 55 spaces. The total sale price is $3,399,800 which equates to an attractive price of $84,995 per un-entitled unit.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2042-006-049
  • 2042-006-050
  • 2042-006-051
  • 2042-006-053
  • 2042-006-054
  • 2042-006-052
Land Assessment
$840,468
Improvements Assessment
$2,120
Total Assessment
$842,588

zoning

Zoning Code C1-1VLD
C1-1VLD
  • Listing ID: 31467275

  • Date on Market: 4/10/2024

  • Last Updated:

  • Address: 23024-23026 Ventura Blvd, Woodland Hills, CA 91364

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