23024 Ventura Boulevard

Woodland Hills, CA 91364

$3,399,800
Price
3,129 / 0.07
Lot Size / Acres

Description

--INVESTMENT HIGHLIGHTS-- DWG Capital Group is proud to exclusively present the 6-parcel land assemblage at 23024-23026 Ventura Blvd, Woodland Hills, CA 91364 for sale. This undeveloped land property in Woodland Hills, California, presents an excellent multi-use development opportunity for investors and developers. --DEVELOPMENT STATISTICS-- The property is located at 23024-23026 Ventura Blvd and is zoned for C-1 use. It is situated on 6 parcels, totaling approximately 18,774 square feet, providing...--INVESTMENT HIGHLIGHTS-- DWG Capital Group is proud to exclusively present the 6-parcel land assemblage at 23024-23026 Ventura Blvd, Woodland Hills, CA 91364 for sale. This undeveloped land property in Woodland Hills, California, presents an excellent multi-use development opportunity for investors and developers. --DEVELOPMENT STATISTICS-- The property is located at 23024-23026 Ventura Blvd and is zoned for C-1 use. It is situated on 6 parcels, totaling approximately 18,774 square feet, providing ample space for innovative design and construction. The proposed building would encompass a total area of 35,309 square feet, complying with a floor area ratio (F. A. R.) of 1 to 1. The development plan includes the construction of 40 units, consisting of 35 standard apartment units and 5 ground floor retail/office live/work spaces. The estimated cost is $84,995 per un-entitled unit, resulting in a total cost of $3,399,800. Buyer is encouraged to perform their own due diligence. --EXCELLENT LOCATION-- The property is situated in a highly desirable location in Woodland Hills, California. It is located between the popular Ventura Blvd and Highway 101 just east of Valley Circle Blvd, which offers easy access to various amenities, including shopping centers, restaurants, and entertainment options all near the Warner Center. The property is also conveniently located just a short walk from the Metro Local Line 161 at the Ventura/Caltrans Station, which provides access to public transportation. Additionally, the property is just minutes away from the higher-income area of Calabasas, which is known for its upscale residential communities, high-end shopping, and scenic surroundings. --STRONG RENTAL SUB-MARKET-- The area has over 187,000 residents, with an average household income exceeding $82,898in the Northwest/Canoga Park, Winnetka & Woodland Hills area. Additionally, the location has an extremely robust workforce in its dense infill location, with a walk score of 89, indicating excellent walkability. The area is particularly attractive to millennial renters, with nearby projects such as The Q on Variel and The Q on Glade projects commanding rents of over$4.21 per square foot and other nearby projects benchmarking nearly $4+ per square foot rent. The growth and development in the submarket of Woodland Hills make it an attractive location for potential tenants and buyers, making it a highly competitive real estate market.
  1. Listed by John 'Judd' Dunning • DRE #01520854 • Brokerage DRE #01520854 • John Barker Dunning

Property Details for 23024 Ventura Boulevard

Water Front
None
Zoning
C1
Parcel Number
2042006049
Area
Woodland Hills (WHLL)
Lot Size Area
3129
Source Lot Size Area
Survey
Assessor Parcel Number
2042-006-049
Directions
Just north of the 101 east of Valley Circle Blvd near Warner Center. Just blocks away from the Calabasas city limits.

Location

Listing Courtesy of John Barker Dunning, John 'Judd' Dunning, DRE #01520854
Add your commute
LISTING UPDATED: 03/28/2024 05:09 PM

Property Details for 23024 Ventura Boulevard

StatusActive
MLS #24-368849
Days on Market55
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.07 AC
CountyLos Angeles County

Location

Listing Courtesy of John Barker Dunning, John 'Judd' Dunning, DRE #01520854
Add your commute

Building Information for 23024 Ventura Boulevard

Lot Size0.07 AC

Payment Calculator

$18,554 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,554

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 23024 Ventura Boulevard

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
  • Water: None
  • Sewer: None
Contract Info
Contract Info
  • Probate: No
  • Disclosures: Planned Development
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Special Zoning: None
  • Additional Parcel Number: Yes
  • Lot Acreage: 0.0718
  • Lot Size Square Feet: 3129
  • Lot Description: 5 + Lots, Raw Land, Sidewalks, Street Paved
  • Telephone: 0.0
  • Cable: 0.0
  • Gas: None
  • Assessments: Buyer to Verify
  • Reports On File: Plans
  • Survey: Buyer Pays
  • Topography: Varied
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 03-14-2024

Property History for 23024 Ventura Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 23024 Ventura Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Charter - 9 to 12
Charter - K to 12
Rating
School
Distance
George Ellery Hale Charter Academy
Charter6 to 8

El Camino Real Senior High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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23024 Ventura Boulevard is a 0.07 ac of land for sale in Woodland Hills, CA 91364. This property was listed for sale on March 4, 2024 by John Barker Dunning, it's currently listed at $3,399,800. This listing's school district is Los Angeles Unified School District. Nearby schools include Woodlake Elementary Community Charter School, George Ellery Hale Charter Academy and El Camino Real Senior High School. 23024 Ventura Boulevard is a 0-bed, 0-bath, 0.07 ac of land on a 3,129 sq. ft. / 0.07 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John Barker Dunning, John 'Judd' Dunning, DRE #01520854

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.