23024 Ventura Blvd Los Angeles, CA 91364
- Land
Current Use by Public Records
- Land
Property Details for 23024 Ventura Blvd
- Property type
- Land
Description
This exceptional 18,774 sq ft land parcel in Woodland Hills, CA (adjacent to Calabasas), presents a lucrative multi-use development opportunity. Zoned C1, it allows for the construction of a 40-unit multifamily complex, including 35 standard apartments and 5 live/work units. The property boasts 55 parking spaces and is conveniently located near Ventura Blvd and Highway 101, offering easy access to shopping, dining, and entertainment. Its proximity to the Calabasas area, known for its upscale residential communities, further enhances its desirability. The asking price is $3,399,800, translating to approximately $181 per square foot. This represents a unique chance to capitalize on a high-demand area with strong potential for rental income. The property's location offers excellent walkability, with a nearby Metro Local Line 161 stop. The site is situated in a thriving area with over 187,000 residents and an average household income exceeding $82,898. This development opportunity is ideal for investors seeking to build a vibrant, mixed-use community in a highly desirable location. APN: 2042-006-049 thru 2042-006-054.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.628
- Latitude
- 34.1645
