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Tarzana Owner/Redevelopment Opportunity
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18618 Oxnard Street, Tarzana, CA 91356

Creative office building on 1.51 acres in Tarzana.

Property Size46,128 SF
Lot Size1.51 Acres
Days on Market147

Property Features for 18618 Oxnard Street

General Information

Standard status Active
Size 46,128 SF
Lot size 1.51 Acres
Property subtype Office
Listing Agency:
Listed By: Jeff Woolf · License #Lic. 00802580
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Jul 16 at 3:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jeff Woolf

Investment Insights

Based on property information with market context.

Located in the heart of the San Fernando Valley, California, 18618 Oxnard Street in Tarzana presents an owner-user or redevelopment opportunity. The site features a two-story creative office building with approximately 46,128 square feet of space on 1.51 acres of land. Tarzana and the broader San Fernando Valley are desirable markets in Southern California, characterized by single-digit vacancy rates, high barriers to entry, property values, and convenient transportation options. The area offers residents numerous restaurants, historic monuments, recreational activities, cultural diversity, educational facilities, and a high overall quality of life. The property is situated across the street from the Reseda Orange Metro Line Station. As a redevelopment opportunity, the site has a mixed zoning of M1 (limited industrial), (Q) RM1 (Restricted Industrial) and (P) Automobile Parking, on a rectangular parcel. The property is also eligible for Transit Oriented Communities (TOC), Affordable Housing Incentive Program, Tier 2, allowing up to 60% bonus density. The current owner, Columbia College Hollywood, a non-profit film college, will require a short-term sale-leaseback upon the close of escrow, with exact terms to be negotiated. The sale is for the real estate only.

Key Highlights

  • 1.51‑acre site in a highly desirable San Fernando Valley location.
  • Redevelopment opportunity with mixed zoning and eligibility for Transit Oriented Communities (TOC), allowing up to 60% bonus density.
  • Located across the street from the Reseda Orange Metro Line Station.

Property Analytics

Current Use

Columbia College Hollywood College

Suggested Use

Top Pick Real Estate Agency Mobile Phone Store Butcher Veterinary Clinic Discount Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,375
Businesses Nearby

Demographics for 91356, CA

30,664
Population
12,715
Households
2.4
Avg Household Size
43
Median Age
56%
College-Educated
94%
High-School Grad
7.3 sq mi
ZIP Area
4,201
Density / Sq Mi
$110,094
Median Household Income
$60,504
Median Earnings
$2,027
Median Rent
$1,177,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Creative office building on 1.51 acres in Tarzana.
Where is this office building located?
The property is located at 18618 Oxnard Street Tarzana, CA.
What are key features of this property?
This property features: 1.51‑acre site in a highly desirable San Fernando Valley location.; Redevelopment opportunity with mixed zoning and eligibility for Transit Oriented Communities (TOC), allowing up to 60% bonus density.; Located across the street from the Reseda Orange Metro Line Station.
More about this property
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