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    6024 Fallbrook Avenue Woodland Hills, CA 91367

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    For Lease
    $3 SF/Yr

    Two fully built-out dental offices available for lease.

    Type:Office
    Property size:
    6,720 SF
    Added:
    Nov 21, 2025
    Days on Market:
    130
    Last Refresh:
    Mar 30 at 12:03 am

    Property Features for 6024 Fallbrook Avenue

    General Information

    Standard status
    Active
    Size
    6,720 SF
    Property subtype
    Office

    Building Details

    Year Built
    1975

    Spaces For Lease

    at 6024 Fallbrook Avenue Contact us

    We can help!

    Listing Contact
    Christian Hayes
    Christian Hayes

    Listing agent Christian Hayes License #CalDRE #01115674

    Listing office SVN | Rich Investment Real Estate Partners Sherman Oaks

    Listing date Nov 21, 2025

    Source Svn

    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 SVN | Rich Investment Real Estate Partners Sherman Oaks

    Overview

    Dental Offices in Woodland Hills

    Located in the Woodland Park Dental Plaza in Woodland Hills, CA, are two fully built-out former dental offices available for lease. These ground floor units could be joined together. The property benefits from high visibility and a traffic count of approximately 36,785 cars per day. Signage is excellent, and parking is easily accessible. The location is ideal for dental professionals. The building is located on Fallbrook Avenue and is close to Warner Center. The property has ground floor exterior ADA compliance. A new roof and new slurry and striping were recently completed. Woodland Hills is an upscale neighborhood on the edge of the Santa Monica Mountains in the San Fernando Valley. It is bordered by Calabasas, Tarzana, and Topanga, and is near the beaches of Malibu. Woodland Hills offers shopping, outdoor activities, bars, gastropubs, live music, and other attractions. The Village shopping center in Warner Center was recently purchased for $325 million and along with other properties acquired in 2022, may become part of a large mixed-use complex with stores, restaurants, hotels, residences, and a training facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Veterinary Medical Center of Woodland Hills — 22544 Ventura Blvd, Woodland Hills, CA 91364
    • West Valley Pet Clinic — 22430 Ventura Blvd, Woodland Hills, CA 91364
    • Cavanaugh Morgan DVM — 22123 Ventura Blvd, Woodland Hills, CA 91364
    • Ehrenberg Matthew J DVM — 22430 Ventura Blvd, Woodland Hills, CA 91364
    • Cats Only Veterinary House Calls — 22430 Ventura Blvd, Woodland Hills, CA 91364

    Location Insight

    • Map
    • Local Demand
    City
    Woodland Hills
    County
    Los Angeles
    State
    California
    Longitude
    -118.623
    Latitude
    34.18

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    FAQs

    What type of property is this?
    Medical Office Space - Two fully built-out dental offices available for lease.
    Where is this medical office space located?
    The property is located at 6024 Fallbrook Avenue Woodland Hills, CA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: Prime location in Woodland Hills Dental Plaza with high visibility and approximately 36,785 cars per day traffic count.; Two (2) fully built‑out, ground‑floor former dental offices that can be joined together.; Excellent signage and easily accessible parking.
    (818) 324-5386
    We can help!
    Listing Contact
    Christian Hayes
    Christian Hayes
    Real Estate License ID: CalDRE #01115674
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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