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Mission Hills CA Real Estate & Commercial for Sale

617 Properties Found


Showing Homes Nearby Mission Hills, CA

$1,100,000

7106 Owensmouth Avenue Canoga Park, CA 91303

Beds:
n/a
Baths:
Sq.Ft.:
2,108
Status:
Active
MLS#:
BB24059501
Type:
Office, Business Opportunities
Lot size:
0.09 Acres
Year built:
1958
Listing Agent: Anna Ambarian CalDRE: 01040774 - Keller Williams Real Estate Services, 818-331-3621 Anna Ambarian CalDRE: 01040774
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100K PRICE REDUCTION ! Great Opportunity in Canoga Park: A Two-Unit Office Building Ready for Your Vision! With one unit boasting 3 spacious offices and the other offering 2, along with dedicated bathrooms for each, this property is perfect for owner-user or investment purposes. Newly painted interior and ready for occupancy. With 6 convenient tandem parking spaces behind the building, supplemented by metered parking on the street. Plus, with separate gas and electricity meters, managing utilities is hassle-free. Offering the flexibility to occupy one and lease out the other or utilize both according to your needs. Seize this opportunity for dual-unit ownership in Canoga Park. Zoned C2 BOTH UNITS WILL BE DELIVERED VACANT

$2,300,000

7537 Topanga Canyon Boulevard Canoga Park, CA 91303

Beds:
n/a
Baths:
Sq.Ft.:
2,726
Status:
Active
MLS#:
SR24060707
Type:
Industrial, Business Opportunities
Lot size:
0.11 Acres
Year built:
1965
Listing Agent: Roy Sulka CalDRE: 00936667 - Rodeo Realty, 818-427-5577 Roy Sulka CalDRE: 00936667
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Located on Topanga Canyon Blvd with heavy traffic and great exposure. The Corvette Shop Inc. is a well-established automotive repair shop that has been owned and operated since 1987 focusing on corvette repair and general automotive repair in the San Fernando Valley. The building is approximately 2,726 sq ft on a corner lot with additional off-street parking.6 working auto bays with 4 lifts, large office space and extra storage. Large repeat customer base. Sale will include the Real Estate and Business. Owner financing available

$1,795,000

7407 Topanga Canyon Boulevard Canoga Park, CA 91303

Beds:
n/a
Baths:
Sq.Ft.:
3,835
Status:
Active
MLS#:
SR24066307
Type:
Mixed Use, Business Opportunities
Lot size:
0.11 Acres
Year built:
1990
Listing Agent: Art Israyelyan CalDRE: 02195045 - Beverly and Company, Inc., 747-999-0000 Art Israyelyan CalDRE: 02195045
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Welcome to an exceptional investment and owner user opportunity. This mixed-use property, located in a prime Canoga Park area, offers a versatile space suitable for a variety of business ventures. With a perfect blend of commercial and residential spaces, this property is ideal for entrepreneurs looking to capitalize on multiple income streams.The commercial space boasts ample square footage, allowing for retail, office, or other endeavors to flourish. Its strategic location ensures high visibility and foot traffic, making it an attractive choice for businesses seeking maximum exposure. Schedule a viewing and unlock the possibilities of this exceptional investment!

$5,395,000

2101 W Burbank Boulevard Burbank, CA 91506

Beds:
n/a
Baths:
Sq.Ft.:
8,402
Status:
Active
MLS#:
24343853
Type:
Business Opportunities
Lot size:
0.25 Acres
Year built:
1955
Listing Agent: Ryan Fitzgerald CalDRE: 01240348 - Vylla Home, Inc. Ryan Fitzgerald CalDRE: 01240348
View additional info

PURCHASE or LEASE (triple net lease offered $3.19 per square ft) this impeccably reimagined single level freestanding building offers no shared walls. Located in the city of Burbank where you pay no gross sales receipt tax or business tax. A lucrative financial incentive for operating your business in Burbank. The sophisticated contemporary design offers 14 private executive offices, 34 perfectly placed cubicles, large kitchen, conference room with sink, 4 bathrooms of which 2 are ADA compliant. The lovely reception area is easily accessed from the Burbank Blvd entrance. The rear entrance is equipped with a key fob entry pad for seamless access. Separate server room has it's own AC unit for optimal temperature control. Ample storage throughout the building. The 9 parking spaces plus 1 handicapped parking space and the Tesla charging station round out the list of amenities that position this offering as an outstanding acquisition.

$1,650,000

3108 W Magnolia Boulevard Burbank, CA 91505

Beds:
n/a
Baths:
Sq.Ft.:
1,925
Status:
Active
MLS#:
24387305
Type:
Business Opportunities
Lot size:
0.06 Acres
Year built:
1948
Listing Agent: Daniel Hirth CalDRE: 01515796 - KW Advisors Daniel Hirth CalDRE: 01515796
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Built in 1948, this property is approximately 1,925 square feet of building sitting on roughly 2,672 square foot of land, featuring rear parking. Currently the property is occupied by, Splatter Haus, which is under a month-to-month agreement. Additionally, the property showcases two (2) electrical meters, two (2) HVAC units, and two (2) bathrooms, which offers the opportunity of subdividing the building.3108 W Magnolia Boulevard allows an owner-user to capitalize on the demand for retail/office space in the heart of the Magnolia Park District of Burbank! For an owner/user taking advantage of SBA financing with as little as 15% down is the ideal situation. Additionally, there is potential for an owner user to occupy 51% of the building and lease the remaining space for passive income. With Burbank's' initiative to attract new businesses, there is also no city income tax and no gross sales receipt tax. * Buyer to confirm tax benefits with the city of Burbank. Buyer to perform own due diligence and verify all information.

$2,600,000

10730 Riverside Drive North Hollywood, CA 91602

Beds:
n/a
Baths:
Sq.Ft.:
3,848
Status:
Active
MLS#:
GD23191723
Type:
Mixed Use, Business Opportunities
Lot size:
0.18 Acres
Year built:
1950
Listing Agent: Bob Kasumyan CalDRE: 00972115 - Precise Real Estate Investments, 818-445-8938 Bob Kasumyan CalDRE: 00972115
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Huge Price Reduction.Located in the vibrant Toluca Lake, this property is at the center of it all. Precise Real Estate Investments is pleased to offer for sale 10730 Riverside Drive, an extremely rare medical/mixed use building. This remarkably well maintained, pride of ownership property offers an owner/user the opportunity to occupy approximately 1,490sqft of space while collecting income from a larger medical tenant and from a residential tenant. The current owner occupies approximately 1,900sqft and would consider a lease back. The residential unit has been recently renovated and can be rented for an immediate income at a fair market rate. For all questions, please contact the listing broker.

$1,700,000

2319 W Magnolia Boulevard Burbank, CA 91506

Beds:
n/a
Baths:
Sq.Ft.:
2,111
Status:
Active
MLS#:
SR23204561
Type:
Mixed Use, Business Opportunities
Lot size:
0.06 Acres
Year built:
1959
Listing Agent: Victor Sampson CalDRE: 00516106 - Coldwell Banker Quality Properties, 818-321-7370 Victor Sampson CalDRE: 00516106
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Prime owner/User or investment opportunity in Burbank! First floor has been used as museum and it is approx. 1,511 Sq Ft with 2 remodeled ADA bathrooms. Second floor has 1 bed + 1 bath apartment approx. 600 Sq Ft. 6 parking spaces included. A must see!

$3,600,000

1028 W Burbank Boulevard Burbank, CA 91506

Beds:
n/a
Baths:
Sq.Ft.:
4,650
Status:
Active
MLS#:
GD23217888
Type:
Industrial, Business Opportunities
Lot size:
0.33 Acres
Year built:
1952
Listing Agent: Ante Trinidad CalDRE: 00704267 - Stevenson Real Estate Services, 818-371-1127 Ante Trinidad CalDRE: 00704267
View additional info

$6,600,000

1022 1028 W Burbank Boulevard Burbank, CA 91506

Beds:
n/a
Baths:
Sq.Ft.:
11,965
Status:
Active
MLS#:
GD23217900
Type:
Retail, Business Opportunities
Lot size:
0.74 Acres
Year built:
1949
Listing Agent: Ante Trinidad CalDRE: 00704267 - Stevenson Real Estate Services, 818-371-1127 Ante Trinidad CalDRE: 00704267
View additional info

$3,350,000

1022 1024 W Burbank Boulevard Burbank, CA 91506

Beds:
n/a
Baths:
Sq.Ft.:
7,315
Status:
Active
MLS#:
GD23217871
Type:
Industrial, Business Opportunities
Lot size:
0.4 Acres
Year built:
1949
Listing Agent: Ante Trinidad CalDRE: 00704267 - Stevenson Real Estate Services, 818-371-1127 Ante Trinidad CalDRE: 00704267
View additional info

$1,474,900

2106 W Magnolia Boulevard Burbank, CA 91506

Beds:
n/a
Baths:
Sq.Ft.:
1,400
Status:
Active
MLS#:
BB24075081
Type:
Mixed Use, Business Opportunities
Lot size:
0.05 Acres
Year built:
1949
Listing Agent: Barry Burnett CalDRE: 00989278 - Barry Burnett Realty, Inc., Barry@BarryBurnett.net Barry Burnett CalDRE: 00989278
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TRUE UNICORN: VERY RARE Mixed Use in Magnolia Park, Burbank! A Jewel Box: prestige location, prestige building, and fully legal attached apartment! Or additional office/creative space! Owner-Operators, creative users, post-production, retail, insurance, real estate: incredibly versatile! Italian-esque exterior plaster motif, lots of inviting glass for display/retail, high visibility on a busy but quaint shopping street in a superb strolling neighborhood, this building features huge skylights, lots of openness, customer service kitchenette in the front office, private offices or conference space, full ADA bathroom, energy efficient lighting and CAT-5 wired (if anyone still needs it), plus great flow between spaces or instant privatization! Fully outfitted ground floor APARTMENT with a full kitchen accessible from the main office and rear alley through elegant steel security french doors, the large bedroom suite provides a full bathroom, shower over tub, and ample closets and private entry door granting extra options for the Owner-User and or family members or renters. Perfect apartment for separate rental: it has its own electric meter, entrance, and 3-6 car parking, depending how you organize it. Front office and apartment have their own central HVAC units on separate power meters, but share gas and water meters. The alley access for the apartment promises quiet privacy with direct parking and easy in and out. An extremely sought after apartment in the extremely low vacancy rental market. Easy walkability and the perfect blend of commercial and residential charm! None others like it! SPECIAL NOTE= The business is not for sale, will not be closing, just relocating in town!

$1,200,000

11354 Ventura Boulevard Studio City, CA 91604

Beds:
n/a
Baths:
Sq.Ft.:
1,986
Status:
Active
MLS#:
SR23043371
Type:
Retail, Business Opportunities
Lot size:
0.11 Acres
Year built:
1939
Listing Agent: Jordan Johnson CalDRE: 01417484 - Rodeo Realty, 818-317-6423 Jordan Johnson CalDRE: 01417484
View additional info

Great Opportunity to own a retail location on Ventura Blvd. Property will be vacated for an owner-user or investor buyer. Prime Studio City/Ventura Blvd. address with a centralized location and close proximity to CBS, Universal, Hollywood & Tujunga Village. Plenty of on-street metered parking and two-hour/open parking at the side street on the east corner of Tropical Dr. Per LADBS, property contains a "grandfathered" provision allowing for any uses of 1/500 parking ratio or less, i.e., most retail and office uses - Buyer to verify. Property includes APNs 2378-021-005 & 2378-021-006. Listed square footage is estimated. Seller is selling property "as-is" and makes no warranties. Buyer to perform their own inspection(s) and due diligence.

$2,900,000

21112 Ventura Boulevard Woodland Hills, CA 91364

Beds:
n/a
Baths:
Sq.Ft.:
4,069
Status:
Active
MLS#:
SR24075608
Type:
Office, Business Opportunities
Lot size:
0.15 Acres
Year built:
1994
Listing Agent: David Bitran CalDRE: 01880922 - So-Cal Real Estate Solutions, Inc, 818-416-5275 David Bitran CalDRE: 01880922
View additional info

First time on market in over 30+ years, discover this exceptional opportunity as an owner user, investment/investor, or quasi retail office building in the heart of Woodland Hills Ca, at 21112 Ventura Blvd. Perfect for any professional business type environment (Law Offices, Accounting, etc) This two-story office building boasts 4,067 sqft of versatile space is conveniently located on Ventura Blvd, between DeSoto and Canoga Ave. Unique opportunity to have office space upstairs with separate direct access to second floor. Free-standing office building with private and gated parking in the rear. Walking distances to a range of retail options, from restaurants, shops, entertainment, and more. Minutes away from the new Los Angeles based professional NFL team practice facility in Warner Center. Whether you're establishing a new venture or expanding an existing one, this property is an excellent opportunity you won't want to miss.

$719,000

9939 Commerce Avenue Tujunga, CA 91042

Beds:
n/a
Baths:
Sq.Ft.:
1,560
Status:
Active
MLS#:
GD23194349
Type:
Retail, Business Opportunities
Lot size:
0.08 Acres
Year built:
1933
Listing Agent: Bill Davis CalDRE: 00646622 - Huntington Group, 626-833-9697 Bill Davis CalDRE: 00646622
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Old town Tujunga. Close to Historical Bolton House and Park. Great street for doing business. 1,560 sq. ft. of open ware house space with alley accesss. Has many types of uses. Warehouse, contruction yard, storage, food prosessing, retail, manufacturing. Front of property is open to Commerce with plenty of space for parking. Back off of alley has loading area. Great for most commercial, industrial and commercial businesses. Room in front of property to build and add on.

$4,800,000

1016 W Magnolia Boulevard Burbank, CA 91506

Beds:
n/a
Baths:
Sq.Ft.:
8,474
Status:
Active
MLS#:
24380529
Type:
Business Opportunities
Lot size:
0.26 Acres
Year built:
1953
Listing Agent: Lillian M Wall CalDRE: 00398466 - Wall Street Properties Lillian M Wall CalDRE: 00398466
View additional info

MEDIA AREA OF BURBANK. Great location. Corner property, with street and alley access. Two Buildings totaling 8474 sq. ft. Main Building is 6950 SF including loft offices. 3 Bathrooms, 2 Kitchens, Rollup door, Reception area, Conference Room, Private Offices, Warehouse Space. Second building: 1524 sq. ft. with Kitchen and Bathroom. On 11,324 sq. ft. Lot. Gated Onsite Parking for 13 cars, plus street parking. Security System. Due to Burbank's initiative to attract new businesses, there is also no city income tax and no gross sales receipt tax.* Buyer to confirm tax benefits with the city of Burbank and all information listed above. Buildings were completely renovated in 2011. Close to Shopping, Entertainment, Airport, Transportation, Studios, Downtown Los Angeles and 5 Freeway.

$699,000

7116 Foothill Boulevard Tujunga, CA 91042

Beds:
n/a
Baths:
Sq.Ft.:
610
Status:
Active
MLS#:
GD23174264
Type:
Retail, Business Opportunities
Lot size:
0.04 Acres
Year built:
1955
Listing Agent: Eduard Khachatryan CalDRE: 01769888 - Luxury Homes International, glendalebroker@gmail.com Eduard Khachatryan CalDRE: 01769888
View additional info

Great opportunity to own this free standing building with front and backyard parking/storage space, gated driveway to accommodate your business/office needs. Located on a major street on Foothill Blvd in the heart of Tujunga next to and across the street from reputable businesses loved by locals.Foot traffic and thousands of cars passing by may boost your business exposure tremendously allowing locals see your business sign, your office, business and glance of what you and your business is about. Fist time for sale in many many years, this motivated seller priced it right for quicker sale.Property currently has a 3 year lease for $2,300 a month with 5% increase every year.

$2,160,000

0 Churchs Court Burbank, CA 91501

Beds:
n/a
Baths:
Sq.Ft.:
900
Status:
Active
MLS#:
PW23218383
Type:
Land, Business Opportunities
Lot size:
15.24 Acres
Listing Agent: Justin White CalDRE: 01267826 - Justin White, thesbgbp@gmail.com Justin White CalDRE: 01267826
View additional info

The property is 15.14 acres of land ready to be developed. The land is located in pristine Sunset Canyon right next to the Sunset Canyon Country Club. The process for design/architectural approval is currently underway with the City of Burbank. Only minutes away from historic Burbank Castle and other manor homes, this location is a truly unique opportunity for a developer to build an iconic home in the hills of Burbank.The property is only a short drive from downtown Burbanks chic restaurants, hip stores, and located in the heart of scenic hiking trails. It is also next to one of the best neighborhoods and school districts in Burbank. The City of Burbank is an icon in the entertainment industry with many celebrities and entertainment industry executives living in these neighborhoods.

$11,000,000

115 N Hollywood Way Burbank, CA 91505

Beds:
n/a
Baths:
Sq.Ft.:
8,951
Status:
NEW LISTING
MLS#:
P1-17665
Type:
Office, Business Opportunities
Lot size:
0.31 Acres
Year built:
1997
Listing Agent: Melina Kalachian CalDRE: 01877904 - Keller Williams Realty Melina Kalachian CalDRE: 01877904
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Presenting an exceptional opportunity to acquire a distinguished office building that exemplifies sophisticated craftsmanship and strategic positioning. This two-story marvel, built in 1997, stands as a testament to pride of ownership, featuring building size of 8,951 square feet nestled on a 13,323 square feet lot. Fully leased with 100% occupancy, this commercial gem is anchored by two steadfast tenants, one of which is a publicly traded company listed on the NYSE, which has proudly operated within these walls since the year 2000, testament to the property's enduring appeal and prime location. The proximity to a myriad of prestigious studios and the vibrant entertainment district underscores the strategic advantage of this locale, ensuring a continual demand and securing its status as a pivotal site in one of the industry's most coveted neighborhoods.Property is subject to inspection after acceptance of offer.

$2,299,000

6914 Foothill Boulevard Tujunga, CA 91042

Beds:
n/a
Baths:
Sq.Ft.:
2,533
Status:
Active
MLS#:
GD24064661
Type:
Retail, Business Opportunities
Lot size:
0.19 Acres
Year built:
2013
Listing Agent: Artin Sarkissian CalDRE: 01722942 - The Art In Real Estate, 818-437-2433 Artin Sarkissian CalDRE: 01722942
View additional info

Exceptional Opportunity: Prime Commercial Property with Fully Equipped Coin Laundry Assets included. We are delighted to present this exceptional commercial property offering a lucrative investment opportunity. Situated in a highly sought-after location, this property boasts not only the building but also includes all the assets of a fully operational coin laundry facility. This turnkey investment provides prospective buyers with the advantage of acquiring a property equipped with state-of-the-art coin laundry assets, ready for immediate operation or integration into existing ventures. Key Features:- Prime commercial property with versatile usage potential.-Fully equipped coin laundry assets included in the sale price.-Strategically located on Foothill Blvd., ensuring high visibility and foot traffic.-Ample parking space.It is important to note that while this offering includes the assets of the coin laundry business, the sale does not include the business itself, providing flexibility for buyers to explore various entrepreneurial opportunities.Don't miss out on this rare chance to acquire a valuable property with turnkey assets. Contact us today to schedule a viewing and explore the limitless potential this investment holds.

$9,500,000

624 628 S San Fernando Boulevard #REAR Burbank, CA 91502

Beds:
n/a
Baths:
Sq.Ft.:
14,500
Status:
Active
MLS#:
GD24008721
Type:
Office, Business Opportunities
Lot size:
0.04 Acres
Year built:
1957
Listing Agent: Sokrat Arzumanyan CalDRE: 01901158 - Coldwell Banker Hallmark, 818-800-0770 Sokrat Arzumanyan CalDRE: 01901158
View additional info

$2,499,994

819 S Main Street Burbank, CA 91506

Beds:
n/a
Baths:
Sq.Ft.:
6,258
Status:
Active
MLS#:
BB24069231
Type:
Business Opportunities
Lot size:
0.3 Acres
Year built:
1966
Listing Agent: Bradley Korb CalDRE: 00698730 - Brad Korb Real Estate Group, brad@bradkorb.com Bradley Korb CalDRE: 00698730
View additional info

Presenting a rare gem in Burbank, this property offers a unique opportunity with two APNs spanning over a spacious 13,000 sqft lot. Boasting multiple offices and work areas, this versatile space is primed for customization to suit your needs. The property features kitchen areas and two distinct commercial spaces, providing endless possibilities for business ventures or creative endeavors. With parking available in the back and dual street access, convenience meets potential in this exceptional find. Ready for your personal touch, seize the opportunity to make this property your own and unlock its full potential. Sale includes APNs 2445-029-013 and 2445-029-014.

$4,950,000

724 S Glenoaks Boulevard Burbank, CA 91502

Beds:
n/a
Baths:
Sq.Ft.:
10,256
Status:
Active
MLS#:
BB23120107
Type:
Business Opportunities
Lot size:
0.4 Acres
Year built:
1944
Listing Agent: Anna Lizarraga CalDRE: 00785027 - Coast Pointe Real Estate Group, 818-652-6534 Anna Lizarraga CalDRE: 00785027
View additional info

Perfect location in Burbank. Corner of Elmwood Ave and Glenoaks Blvd. Close to Freeway. On Bus Route. Close to Burbank Media Center and the City of Glendale.Entry leads to private offices on each side of the hall leading to Church Nave and Chancel. Up the stairs is the 5-pew large balcony for the choir with ample storage in the above loft. Parishioners' Area of Worship leads to the quiet room and to a separate meeting area for class, Conference, or Bible Study. Music Room. Baptismal Area and More Private Rooms. The detached Building is a daycare center with Toddler Classroom, Educational Rooms, Bathrooms, Kitchen Area, and Teachers' Room.Upstairs is the Community Room with 2 additional Study Rooms and Lavatory. This site can be an excellent Educational Building, Family Dare Care Homelicensed or Unlicensed Community Care Facility. Supportive Home Services. Place of Worship. Day Care Building. Future Apartments. City Records reports 7957 square feet, Appraiser measures 10,256 square feet. Corner Lot with an Alley. Zoned R4.

$7,000,000

20665 Santa Clara Street Canyon Country, CA 91351

Beds:
n/a
Baths:
Sq.Ft.:
11,300
Status:
Active
MLS#:
24381235
Type:
Business Opportunities
Lot size:
2.17 Acres
Year built:
1957
Listing Agent: Aileen Hoffer Smollins CalDRE: 02125351 - Heyler Realty Aileen Hoffer Smollins CalDRE: 02125351
View additional info

Versatile Commercial Property with Strategic LocationThis property offers a blend of estimated square footage, with the owner-provided figure at 33,175 rentable square feet and the assessor's parcel indicating 11,300 square feet. Additionally, 2,178 square feet on-site will be delivered vacant at the close of escrow.The property comprises four buildings according to the assessor, although the owner has introduced non-conforming structures and trailers during their tenure as well as adding yard space to their rentals. Situated on a desirable corner lot, the property features three entrances for convenient ingress and egress and monument signage.Historical tenants showcase the property's appeal and durability. Current uses include auto repair, landscaping, recycling, and the distribution of electric and plumbing supplies. Most tenants are on a month-to-month basis, with only 5 leases ending by the end of 2027 (see Offering Memorandum for details).Business Park zoning accommodates various activities aligned with both business park and industrial zoning regulations, offering flexibility for diverse business operations.Exceptional opportunity for investors seeking a multi-functional space with potential for various business ventures.City of Santa Clarita named the "Most Business Friendly City in Los Angeles County" by The Los Angeles Economic Development Corp, offering benefits such as no business license fees, utility users tax, gross receipts tax, or payroll tax.Free recruitment and employment services available at the America's Job Center of California.Use Tax Rebate Program and Foreign Trade Zone enhance business incentives.

$4,250,000

17734 Sierra Hwy Canyon Country, CA 91351

Beds:
n/a
Baths:
Sq.Ft.:
12,960
Status:
Active
MLS#:
SR24072577
Type:
Retail, Business Opportunities
Lot size:
0.58 Acres
Year built:
1978
Listing Agent: Bob Loner CalDRE: 00648540 - Realty Executives SCV, 661-250-8670 Bob Loner CalDRE: 00648540
View additional info

Ideal Multi-Tenant Investment Property. Building of approximately 12,960+- square feet with 9,815+- square feet being Ground Level Retail / Service/ Office storefronts and 3,145+- square feet being 2nd Level Office Space. Ground Floor is currently comprised of 8 rentable suites / storefronts ranging in an assortment of sizes from 755 sq ft to 2,323 sq ft with each their own restroom and HVAC system. One Suite on second Floor of 800 sq ft and another of 2,345 sq ft. (divisible). Currently Ten (10) suites total. Entirely Renovated and Modernized in 2022, New Roof, HVACs, ADA Restrooms, Doors, Windows, Electrical, Plumbing, Exterior Siding & Dcor, Asphalt Parking Lot & Striping w/ADA Stalls & Stripe 180 feet of Street Frontage on major thoroughfare Sierra Hwy - Extremely street visible Building. New asphalt Parking Lot with 29 exclusive parking stalls plus abundant street parking. Great opportunity for an owner / user who may want to occupy a portion of the property. Three separate APN's and 3 separate legal lots.PLEASE CALL OR EMAIL FOR OFFERING MEMORANDUM

$3,399,800

23024 Ventura Boulevard Woodland Hills, CA 91364

Beds:
n/a
Baths:
Sq.Ft.:
35,309
Status:
Active
MLS#:
24364931
Type:
Business Opportunities
Lot size:
0.43 Acres
Listing Agent: John 'Judd' Dunning CalDRE: 01520854 - John Barker Dunning John 'Judd' Dunning CalDRE: 01520854
View additional info

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 $82,898 in 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.

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