Freestanding Mixed-Use
22151 Clarendon Street, Woodland Hills, CA 91367
For Sale
$1,095,000
Single-story commercial building with office use and mixed-use zoning.
Property Size1,303 SF
Days on Market161
Property Features for 22151 Clarendon Street
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Floor
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Berkshire Hathaway HomeServices California Properties 818-398-2539 Overview Additional information MLS R ID SR26118396 Interior features Cooling Yes Heating Yes Exterior features Lot Size 0.16 Acres Other property details Truth Realty | CA DRE# 01861105 Request a tour Contact agent Request a tour Contact agent Listed by Andrea Volore CA DRE# 01169526 with Berkshire Hathaway HomeServices California Properties 818-398-2539
Listed By:
Andrea Volore CA DRE# 01169526
Source:
Truthrealty
Added: Jun 1
Changed: Nov 5
Last Checked: Nov 6 at 5:49PM
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 Berkshire Hathaway HomeServices California Properties 818-398-2539 Overview Additional information MLS R ID SR26118396 Interior features Cooling Yes Heating Yes Exterior features Lot Size 0.16 Acres Other property details Truth Realty | CA DRE# 01861105 Request a tour Contact agent Request a tour Contact agent Listed by Andrea Volore CA DRE# 01169526 with Berkshire Hathaway HomeServices California Properties 818-398-2539
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Investment Insights
Based on property information with market context.
This single-story, freestanding building in Woodland Hills is currently configured for physical therapy office use. The property carries LACR zoning, identified by the Tax Assessor as Commercial/Office/Residential mixed use, supporting consideration of office, medical, and other commercial applications subject to city review and verification.
The property is positioned one short block north of Ventura Boulevard and west of Topanga Canyon Boulevard, in the Warner Center adjacent area. It also borders the Warner Center 2035 Specific Plan, providing a defined planning context for future evaluation. The building was constructed in 1953.
The property is positioned one short block north of Ventura Boulevard and west of Topanga Canyon Boulevard, in the Warner Center adjacent area. It also borders the Warner Center 2035 Specific Plan, providing a defined planning context for future evaluation. The building was constructed in 1953.
Key Highlights
- LACR zoning designated Commercial/Office/Residential mixed use per the Tax Assessor
- Single‑story, freestanding building currently used as a physical therapy office
- One short block north of Ventura Blvd and west of Topanga Canyon Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,928
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,560
$618.6K
Cap Rate 7%
$441,829
$441.8K
Cap Rate 9%
$343,644
$343.6K
Market Conditions
NOI Build-Up for 1,303 SF
Gross rent
$50.7K $38.88/SF
− Vacancy
−$9.4K −$7.23/SF
EGI
$41.2K $31.65/SF
− OpEx
−$10.3K −$7.91/SF
NOI
$30.9K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,560
Cap Rate 7%
$441,829
Cap Rate 9%
$343,644
Alternative Uses
Best Use
Office B
$441.8K
$386.6K – $515.5K
NOI $30,928 @ 7.0% cap · market cap 2.82%
Second Best
Mixed Use
$376.9K
$329.8K – $439.8K
NOI $26,386 @ 7.0% cap · market cap 2.41%
Theoretical Best
Multifamily LT 5
$26.40M
$23.10M – $30.80M
NOI $1,847,860 @ 7.0% cap · market cap 168.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,494
Businesses Nearby
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Business Placement
Demographics for 91367, CA
46,498
Population
20,577
Households
2.3
Avg Household Size
40
Median Age
58%
College-Educated
96%
High-School Grad
7.5 sq mi
ZIP Area
6,200
Density / Sq Mi
$109,629
Median Household Income
$65,817
Median Earnings
$2,674
Median Rent
$1,005,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA
Properties on Market for Mixed-use properties in Los Angeles County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Single-story commercial building with office use and mixed-use zoning.
Where is this mixed-use property located?
The property is located at 22151 Clarendon Street Woodland Hills, CA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: LACR zoning designated Commercial/Office/Residential mixed use per the Tax Assessor; Single‑story, freestanding building currently used as a physical therapy office; One short block north of Ventura Blvd and west of Topanga Canyon Blvd
