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$1,275,000
Est. payment /mo
3 Beds
3 Baths
2,178 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,178 sqft
Price per Sqft $585
MLS Listing ID 25517919
Bedrooms 3
HOA Y/N No
Year Built 1955
Lot Size 6,499 Sqft
Property Description
We are pleased to present 22575 Del Valle Street, a prime fully occupied multifamily property with excellent future development potential in Woodland Hills. This property offers the potential to construct 8 units by right, up to 17 units utilizing the state density bonus, or up to 43 units with ED1. Located in the highly desirable "South of the Boulevard" area, it boasts excellent visibility from Ventura Boulevard, a renowned thoroughfare in Woodland Hills, CA. Spanning approximately 260 square miles, the San Fernando Valley is the largest geographic region within the City of Los Angeles. With a population of around 1.8 million residents, it ranks among the most densely populated areas in the United States. If considered as a standalone city, the San Fernando Valley would be the seventh largest in the nation. The area is experiencing significant development, including new hotels, residential buildings, and expansions like Westfield Promenade, Westfield's "The Village", and Westfield Topanga, with additional projects in various planning stages.
Location
State CA
County Los Angeles
Area Whll - Woodland Hills
Zoning LAR3
Interior
Heating None
Fireplace No
Exterior
Parking Features Assigned
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2040031023
Special Listing Condition Standard
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Listed by Stuart Fagan • Marcus & Millichap
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