21601 Erwin St | Woodland Hills, CA 91367
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
21601 Erwin St
Woodland Hills, CA 91367
Fusion Warner Center · Multifamily Property For Sale · 266 Units
Investment Highlights
- Opportunity to acquire a value-add multifamily community in the desirable Woodland Hills/ Warner center submarket of Los Angeles CA.
- Value-add upside through unit interior and common area renovations.
- Seismic Retrofit has been completed. All copper plumbing.
- First time on the market in 42 years, with 100% Original Units.
- Strong Demographics with median household incomes of $135,260 (2019 US Census Bureau).
- Located with an opportunity zone, with no height restrictions for future development (2035 Warner Center Plan).
PROPERTY FACTS
| No. Units | 266 | Building Size | 218,113 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1978 |
| Building Class | B | Parking Ratio | 1.83/1,000 SF |
| Lot Size | 7.73 AC |
| No. Units | 266 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 7.73 AC |
| Building Size | 218,113 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built | 1978 |
| Parking Ratio | 1.83/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Heating
- Ceiling Fans
- Tile Floors
- Crown Molding
- Eat-in Kitchen
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Range
- Walk-In Closets
- Carpet
Site Amenities
- 24 Hour Access
- Fitness Center
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Sauna
- Spa
- Tennis Court
- Gated
- Grill
- Pet Play Area
- Walking/Biking Trails
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 29 | $1,490 | 450 - 550 |
| 1+1 | 107 | $1,705 | 621 - 623 |
| 2+1 | 74 | $1,919 | 762 |
| 2+2 | 30 | $1,982 | 953 |
| 3+2 | 26 | $2,499 | 1,128 |
PROPERTY TAXES
| Parcel Number | 2146-005-040 | Improvements Assessment | $69,933,815 |
| Land Assessment | $29,971,635 | Total Assessment | $99,905,450 |
PROPERTY TAXES
Parcel Number
2146-005-040
Land Assessment
$29,971,635
Improvements Assessment
$69,933,815
Total Assessment
$99,905,450
zoning
| Zoning Code | LAWC (Located with an opportunity zone, with no height restrictions for future development (2035 Warner Center Plan).) |
| LAWC (Located with an opportunity zone, with no height restrictions for future development (2035 Warner Center Plan).) |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
