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Corinne Allemand
Mobile Phone:
310-927-3684
allemand.co@gmail.com
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Corinne Allemand
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Mobile Phone:
310-927-3684
allemand.co@
gmail.com
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Sherman Oaks CA Real Estate & Commercial for Sale


Showing Homes Nearby Sherman Oaks, CA
Beds:
n/a
Baths:
Sq.Ft.:
914
Status:
Active
MLS#:
24381625
Type:
Other
Lot size:
0.11 Acres
Year built:
1935
Courtesy: Omar Evanns - Keller Williams Larchmont Omar Evanns
View additional info

****NOTE!! TO BE SOLD TOGETHER WITH HOUSE NEXT DOOR [CONTIGUOUS LOT] AT 12222 EXPOSITION, TOTAL PRICE FOR BOTH, $5,400,000.00**** BTRE is pleased to present a prime development opportunity in rapidly changing Olympic/Bundy area, literally right across from the Metro Line, a stone's throw from retail (Trader Joes, Gelsons), entertainment (Bars, restaurants, coffee shops, in re-vitalized Pico/Bundy area, as well as large Westedge mixed-use upscale apartment/retail development) and quite nearby to employment centers (Fox 11; Riot Studios; USC Medical) Offering is two Contiguous Lots, 9416 Square Ft total. A recent feasibility study on the property shows a current POTENTIAL OF UP TO 96 UNITS ON THE PROPERTY - based on the new ED1 program, a product of a recent (December 2022) executive order from the City of LA, designed to encourage affordable housing.[Other potential unit mixes are available, but highest/best use is ED-1 by far, see feasibility study in documents folder for full report*]There are homes on both lots, and there are tenants in the homes. Do not disturb tenants; drive by only/contact agent for any further viewing. *: Feasibility study obtained by Seller's agent from third party. Seller, Sellers Brokers, Sellers Agents, make no warranties as to the correctness of said information. Buyer to do own due diligence.

Beds:
n/a
Baths:
Sq.Ft.:
340
Status:
Active
MLS#:
24385027
Type:
Other
Lot size:
0.06 Acres
Year built:
1936
Courtesy: Mehrivar Meknuni - Fair Realty, Inc. Mehrivar Meknuni
View additional info

Build to use, Commercial or residential or Mix. Leased for $2700.00.

Beds:
n/a
Baths:
Sq.Ft.:
3,230
Status:
Active
MLS#:
24383379
Type:
Other
Lot size:
0.05 Acres
Year built:
1928
Courtesy: Oron Maher - Maher Commercial Realty Oron Maher
View additional info

We are pleased to present this two-story mixed-use retail and office building located on the prime signalized corner of S. Robertson Blvd and Olin Street in a Beverly Hills/Beverlywood adjacent neighborhood, just blocks from the 10 East and 10 West Freeway exists and Hamilton High School. The subject site is a 3,230 square foot two-story building, featuring +/- 1,615 square feet of high-profile retail on the ground floor, and, +/- 1,615 of turn-key office space. The ground-floor retail has excellent exposure to both north and south traffic and is attractive to this corridor's many other food, entertainment, and shopping uses. The second floor is excellent for a law firm or other professional services companies. This building presents an owner-user with high visibility signage and branding opportunity; not just to all who enter and exit the 10 Freeway, but to all of the multi-million-dollar home owners in the immediate surrounding neighborhoods. The second floor office space is beautifully built-out and features a lobby, reception area, six private offices (two of them large, facing Robertson Blvd), an outdoor terrace, storage room, bathroom with shower, kitchen, and a conference room. The building will be delivered fully vacant. The 2,126 square foot lot is zoned C4 and can accommodate 1-2 cars for parking. Ideal building for either an owner-user or an investor. Great signage opportunity for company identity with a traffic count of approximately 60,000 cars per day. Great freeway access for employees and staff traveling from any part of the City. Enjoy multiple amenities on Robertson Blvd including food, retail shopping, coffee shops and juice bars all mixed with standard office uses.

Beds:
n/a
Baths:
Sq.Ft.:
7,889
Status:
Active
MLS#:
24382347
Type:
Other
Lot size:
0.17 Acres
Year built:
1953
Courtesy: Mark Ventre - Kidder Mathews of California, Inc. Mark Ventre
View additional info

6 OF 10 LEGAL UNITS ARE VACANT, 1 NON-CONFORMING UNIT VACANT. Constructed in 1953, 3280 Provon Lane is comprised of one two-bedroom unit, nine spacious one-bedroom units, and one non-conforming one-bedroom unit. Among the 10 legal units, several boast upgraded kitchens, showcasing custom oak cabinets, granite countertops, laminate vinyl plank flooring, and recess lighting. Presently, six of the ten sit unoccupied, with four of these vacancies yet to undergo renovation. ELEVENTH NON-CONFOMRING UNIT HAS BEEN IN OPERATION FOR DECADES AND IS CURRENTLY VACANT. PRIME CANDIDATE FOR CONVERTING INTO AN ADU.

Beds:
n/a
Baths:
Sq.Ft.:
1,819
Status:
Active
MLS#:
24359073
Type:
Other
Lot size:
0.13 Acres
Year built:
1920
Courtesy: Diana Knox - Christie's AKG Diana Knox
View additional info

646 North Larchmont is perfectly situated on North Larchmont Boulevard. Buyer has the option to keep this building as a thriving, fully-equipped dental practice or develop the property into a residential or commercial space. The adjacent properties owned by another Seller is available to buy also. Combined with the phenomenal location is the opportunity of living and working in area 18! Aside from working in a fabulous neighborhood, you are close to Paramount Studios, The Los Angeles Tennis Club and The Wilshire Country Club. 646 North Larchmont is a sought-after location and an incredible opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
1,610
Status:
Active
MLS#:
24384239
Type:
Mixed Use
Lot size:
0.13 Acres
Year built:
2007
Courtesy: Aaron Montelongo - Compass Aaron Montelongo
View additional info

Fantastic "Live/Work Loft" in the heart of Larchmont Village designed by prominent architect & interior designer Jim Magni. Chic, loft-style architecture (commercial C2 zoning) features an ideal floor plan w/soaring volumes of space & abundant natural light. Lower level: tandem garage w/direct access (one space currently an office) & foyer. Mid-level: dramatic living room, large dining area, generous open kitchen w/premium appliances & full bath. Top level incorporates primary ensuite w/luxurious, skylit bath & sitting room w/view balcony (convertible to second bedroom). Layout offers multiple areas for home or work use. Welcome to a private, discrete, move-in condition townhome, in the geographic center of LA. Moments away from vibrant Larchmont, cultural venues, entertainment studios & freeways. A rare gem indeed!

Beds:
n/a
Baths:
Sq.Ft.:
1,300
Status:
Active
MLS#:
24348313
Type:
Other
Lot size:
0.05 Acres
Year built:
1940
Courtesy: Yigal Hassid - Power Brokers Yigal Hassid
View additional info

Prime Venice blvd and near Fairfax Blvd,Easy access to 10, 405 ,110 freeways Minutes away for Culver city Nightlife, Has plans approved for 1300 sq ft office building, Has a covenant for 3 parking spaces in another property near by. Come and create you dream office / storage space

Beds:
n/a
Baths:
Sq.Ft.:
14,448
Status:
Active
MLS#:
24369499
Type:
Other
Lot size:
0.32 Acres
Year built:
1932
Courtesy: Vineendra Jain - Ingenious Asset Group, Inc. Vineendra Jain
View additional info

Trust Sale. Court confirmation MAY be required. If required, sale will be subject to overbidding in Court. Two adjoined commercial/office/mixed use buildings on Exposition Blvd./Venice Blvd., zoned HJ (EC). For sale after 46 years! In the heart of bustling Culver City and Palms/Mar Vista, next to Metro line. Building 1: 9190 & 9200 Exposition Blvd. (APN # 4313-021-036) is a 2 story bldg., built in 1932, with 8 recording studios on the 1st floor made in the last 5 years, without permits. The 2nd floor has a 2 bedroom apartment, and large open space for warehouse/storage/some offices. Potential to convert the 2nd floor to creative office spaces. Building 2: 9214 Exposition Blvd. (APN # 4313-021-035) is a single story building, built in 1922, with 7 sound studios and office space. Excellent income potential. Both buildings are currently vacant and will be delivered vacant at close of escrow. Environmental Phase I (completed July 2023), and Phase II (completed Oct. 2023), concluded no issues discovered and no further assessment is warranted. Both properties are to be sold together to one buyer. Minutes away from I-10, public transportation, shopping centers, restaurants, and recreation. Sold AS IS and WHERE IS. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Neither Seller nor Broker/Agents guarantee the accuracy of the square footage, lot size, permits or other information concerning the conditions or features of the Property. Buyer is advised to independently verify the accuracy of all information through personal inspections and with the appropriate professionals. Seller is an independent fiduciary and cannot make any representations as to the condition, history of the subject property. Buyer to conduct their own investigations, and assume all responsibilities.

Beds:
n/a
Baths:
Sq.Ft.:
1,914
Status:
Active
MLS#:
24382693
Type:
Mixed Use
Lot size:
0.06 Acres
Year built:
1970
Courtesy: Lawrence Morera - Blue Cascade Real Estate Group Lawrence Morera
View additional info

Extremely Versatile Office Building with Studio Apartment and Approved Plans LOCATION LOCATION LOCATION Exceptionally Unique Office Building with Optional Approved Plans for Future Development! Ideally located in an extremely-sought after area just moments from I-10, this approximately 1,914sqft building and 2,730sfqt lot affords excellent visibility with a high traffic count of roughly 100,000 vehicles. Can paint logo or branding on side of the building. (Venice Blvd and La Cienega Blvd- 2-mile radius). Perfect for an investor and/or owner occupant, the two-story building includes approximately 910sqft of office space on each floor, as well as an attached studio apartment. Before exploring the interior, venture to the rear of the building to find a gated parking lot with plenty of paved spaces for both employee parking and personal use. Offering a welcoming aesthetic, the property delights with a desirable corner lot, convenient sidewalks, a classic stucco exterior, and an inviting front door. Step inside to discover a main-level with an openly flowing layout, ample light, neutral paint hues, and a half bath. Head upstairs to review the second-floor with tons of natural light and a sprawling area for communal workspace. Nestled in the back of the building, the studio apartment presents a unique opportunity for an owner occupant to enjoy excellent work/life balance. Ready for new imagination and upgrades, the studio apartment features an open concept kitchen, sizeable living/bedroom area, track lighting, and a full bathroom with a shower. For those seeking a modern edge and uber-chic vibes, the new approved plans ensure fresh possibilities with three floors of cutting-edge office space, employee lounges, and an uncovered rooftop deck. Boasting covered parking for 3+ vehicles, the first-floor has three offices, a gender-neutral bathroom, and a storage closet. The second-floor impresses with five offices, a covered patio, two gender neutral bathrooms, server area, two closets, and a mechanical room. Finally, the third floor dazzles with two offices, supply closet, employee lounge, and an uncovered deck. As a bonus this property is only minutes from restaurants, shopping, cafes, LAX, Union Station Commuter Rail, and Sony Pictures Studios. Get all the advantages of this rarely-available property, and start living your entrepreneurial dreams today. Call now to schedule your private showing!Can be delivered Vacant.Broker & broker's agents do not guarantee accuracy square footage or other information concerning conditions or features of the property. Buyer is advised to independently verify accuracy of all info through personal inspection & with appropriate

Beds:
n/a
Baths:
Sq.Ft.:
1,500
Status:
Active
MLS#:
23333575
Type:
Other
Lot size:
0.07 Acres
Year built:
1954
Courtesy: Karl Markarian - JohnHart Corp. Karl Markarian
View additional info

Have you ever dreamed of owning your own pizzeria? This is your chance! We are thrilled to present an outstanding business opportunity located at 10666 Zelzah Avenue in Granada Hills. Big Mama's & Papa's, a well-established pizzeria restaurant, is now available for sale. Strategically positioned in a high-traffic area, this store spans approximately 1,500 square feet, offering a fantastic space for a thriving pizza business. Don't miss this golden opportunity to enter the world of pizza entrepreneurship with a renowned and established brand. Seller is motivated to sell!

Beds:
n/a
Baths:
Sq.Ft.:
6,708
Status:
Active
MLS#:
23335169
Type:
Mixed Use
Lot size:
0.18 Acres
Year built:
1928
Courtesy: Warren Peck - Spunlok Investment Group Warren Peck
View additional info

Two Story mixed use building with approximately 6 - 8 on site parking spaces and about 50 ft of street frontage. Located in the heart of Hollywood located on the major corridor of Santa Monica Blvd. Within a half mile of the freeway.

Beds:
n/a
Baths:
Sq.Ft.:
10,032
Status:
Active
MLS#:
22190313
Type:
Other
Lot size:
0.52 Acres
Year built:
1948
Courtesy: Carl Lambert - Lambert Investments, Inc. Carl Lambert
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
4,601
Status:
Active
MLS#:
24361067
Type:
Other
Lot size:
0.17 Acres
Year built:
1963
Courtesy: Arthur Peter - PAR Commercial Brokerage Arthur Peter
View additional info

Building was remodeled in 2013-2014 | Move-in ready creative office with state-of-the art recording/mixing studio in prime Downtown Santa Monica location

Beds:
n/a
Baths:
Sq.Ft.:
33,294
Status:
Active
MLS#:
24355773
Type:
Other
Lot size:
0.86 Acres
Year built:
1938
Courtesy: Conor Halloran - Lee & Associates Los Angeles West Inc. Conor Halloran
View additional info

Lee & Associates Los Angeles West Inc. & Bond Street Partners, acting as the exclusive advisor, are pleased to present the investment opportunity to acquire the 100% fee simple interest in 1248 5th Street, known as the Santa Monica Post Office. This iconic property offers an unprecedented opportunity to capitalize on Santa Monica's March 2023 Housing Element update to build 157 luxury residences anchored by 32,900 square feet of existing, architecturally stunning retail in the heart of Downtown Santa Monica. With its multi-level design, this two-story, historical building stands as a remarkable landmark and perfect jewel box owner-user compound with development potential. Its enviable location provides immediate access to a vibrant technology and creative community, prestigious shops, renowned restaurants, nightlife, and attractions, ensuring strong rental absorption and retail fundamentals. Boasting meticulously preserved interiors that exude an air of sophistication and charm, this space is truly unrivaled and ready for an investor to reinvent the asset into a world-class destination. Visit www.santamonicapostoffice.com for more information.

Beds:
n/a
Baths:
Sq.Ft.:
5,868
Status:
Active
MLS#:
23332401
Type:
Other
Lot size:
0.17 Acres
Year built:
1929
Courtesy: Jason Tuvia - Marcus & Millichap Jason Tuvia
View additional info

We are pleased to present a 5,868 SF retail strip-center located at 2603 Hauser Boulevard in Los Angeles, California. The subject property is located in a prime West Adams location south of West Adams Boulevard and east of Fairfax Avenue. Built in 1929, this property contains eleven (11) retail spaces averaging 516 SF each. The property is situated on a signalized hard corner along West Adams Boulevard, providing excellent traffic counts and solid building frontage. All tenants are on gross month-to-month leases. The property is designated within the commercial corridor subarea per the West Adams CPIO, which is currently promoting a "main street" shopping experience by providing direction for the adaptive reuse of existing structures. The site offers Tier 1 TOC benefits for residential redevelopment, allowing for favorable development standards. In addition to TOC, the site is also eligible for ED1 utilizing State Density Bonus with reduced parking under AB 2097. Tenants will love being within walking distance to incredible West Adams amenities such as Mizlala, Tartine, Vees Cafe, Alta, MIAN West Adams, and many more. Situated in a prime West Adams location in an opportunity zone, this offering presents an excellent opportunity for any investor to capitalize on adding value along a revitalizing main thoroughfare or redeveloping in one of the most up-and-coming markets of Los Angeles.

Beds:
n/a
Baths:
Sq.Ft.:
2,142
Status:
Active
MLS#:
24360993
Type:
Other
Lot size:
0.17 Acres
Year built:
1921
Courtesy: John Ha - MUTOOF® John Ha
View additional info

MUTOOF is pleased to present 800 N Hobart Blvd, Los Angeles, CA 90029. Duplex on over 7,280 SF lot in the heart of Melrose Hill. Huge value-add opportunity 79% upside in rents. Upside redevelopment potential TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (RD1.5-1XL zoning). Newly updated interior. 2.94 kW roof mounted photovoltaic solar system on both the main house and back unit which efficiently reduces electricity bills. Sub-metered. Walk Score of 90 (Walkers Paradise). Excellent location near the major transit stops, highways (US-101 & SR-2) and shopping centers. Just two miles west of Hollywood, and five miles east of Downtown L.A. The subject property consists of total two (2) units totaling 2,142 SF on a sizable 7,281 SF lot. Mix of total one (1) 3beds/2baths unit and one (1) 1bed/1bath unit. The duplex property to be sold "as-is" with the tenants remaining in possession but can be delivered vacant. DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.

Beds:
n/a
Baths:
Sq.Ft.:
5,400
Status:
Active
MLS#:
24357115
Type:
Other
Lot size:
0.14 Acres
Year built:
1975
Courtesy: Laurie Kradin - Douglas Elliman Laurie Kradin
View additional info

This property was built and owned by the same family since its inception. Consisting of two separate spaces each with their own entrances, one side was a dental practice up until 2020, and the other side rented by a major studio for editing. The space has limitless potential. Medical/dental/urgent care? Medi spa? Boutique personal training facility with spa? Each side has two levels consisting of a main level and a lower level. The side that was a dental practice has 7 exam rooms, a waiting room, reception, two baths and the lower level. The other side that was used by the studio has an entry, wide open space with an industrial vibe perfect for a collaborative work space, two baths, and a lower level. There is ample parking at the rear for 14 cars.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24348673
Type:
Other
Lot size:
0.34 Acres
Year built:
2022
Courtesy: Edward Leon Matevosian - CB Richard Ellis, Inc. Edward Leon Matevosian
View additional info

Built in 2022, 552 N Hobart is a deluxe building featuring 27 apartment homes and is part of two sizzling L.A. neighborhoods Hollywood and Koreatown. The artfully designed property offers contemporary-style flats with large arched windows and spacious floor plans, averaging900 SF. The sought-after unit mix consists of one studio, seven 1BD+1BA, 15 1BD+1.5BA, two1BD+2BA and two 2BD+1BA units. The light-filled apartments have in-unit washers/dryers, stainless steel appliances, two-tone cabinetry, quartz countertops, stylish flooring, mobile-friendly thermostats, walk-in closets, and central A/C and heat. In addition, community amenities include a rooftop sky deck, controlled access, reserved gated parking, elevator, and an online rent and maintenance portal.552 N Hobart is a short distance from the world-famous Hollywood Walk of Fame, Paramount Pictures, Koreatown, Melrose District, Larchmont Village, Downtown L.A., Griffith Park/Observatory, and the Hollywood Bowl.

Beds:
n/a
Baths:
Sq.Ft.:
3,562
Status:
Active
MLS#:
23302469
Type:
Other
Lot size:
0.2 Acres
Year built:
1959
Courtesy: Byung Won Kang - New Star Realty Byung Won Kang
View additional info

One Existing Automotive Tenants Gross Rent $5,000. High Walk Score of 89; Nearby Jobs, Retail, and Entertainment. Completed Phase 2. APN: 5521-031-022 | Zoning C2-1 | TOC Tier 2. List Price: $2,700,000

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24351669
Type:
Other
Courtesy: Tadeh Minassian - Signature Fine Estates, Inc. Tadeh Minassian
View additional info

Fully operational vegan bakery for sale. Currently pre-order and pickup for cakes only, previously had full menu with savory items, including sandwiches, bowls, and salads. Also set up for wholesale clientele. In business since 2015. Great frontage on Santa Monica Blvd and walking distance to Vermont metro station.

Beds:
n/a
Baths:
Sq.Ft.:
5,867
Status:
Active
MLS#:
24351491
Type:
Other
Lot size:
0.13 Acres
Year built:
1936
Courtesy: Casey Lins - Kidder Mathews of California, Inc. Casey Lins
View additional info

West Adams Creative! We are pleased to present 5115 W Adams Blvd, a commercial building with 4-6 parking spaces along one of the trendiest corridors in Los Angeles. Located just steps away from numerous iconic West Adams restaurants, including Tartine, Alta, Mizlala, Farmhouse Kitchen, Chulita, and Cento, any owner-user will fall in love with the neighborhood. There is immediate opportunity for an owner-user to utilize low-down payment SBA financing and create a demanding presence along a booming corridor that consists restaurants, new hotels, art galleries, and production studios throughout. Priced well below the neighborhood average of $716/sf on commercial buildings, the building presents a true under market opportunity. With the property being designated within an Opportunity Zone, there are financial benefits available both for owner-users and investors, providing additional motivating factors for a purchase. For more information please contact the listing broker.

Beds:
n/a
Baths:
Sq.Ft.:
4,368
Status:
Active
MLS#:
24383839
Type:
Other
Lot size:
0.1 Acres
Year built:
1948
Courtesy: Jennifer Hughes - Compass Jennifer Hughes
View additional info

In 1948, the Sun & Sea Motel was built nestled at the base of the iconic Santa Monica Pier. Today, you have the extraordinary opportunity to purchase 1661 Appian Way. This beachside oasis offers 12 units, each with breathtaking ocean and pier views, plus 8 private garages and extra spaces, ensuring convenient parking for residents. The building has an expansive, zen backyard that includes areas for sun lounging and al fresco dining, perfect for savoring warm coastal evenings. Originally constructed in 1948 as 6 apartments and 6 guest rooms, public records indicate the Land Use as "Motel" and County Use as "Motel Under 50 Units". Prospective buyers are encouraged to conduct their own research to determine the future potential of this remarkable property. Picture owning an investment asset with such promising possibilities where the vibrant energy of the pier and the tranquil beauty of the ocean converge. Whether you're seeking an income property for tenants to enjoy a serene retreat or an exhilarating coastal escape, this building offers the best of both worlds. Don't miss this rare opportunity to own a piece of beachside paradise in the heart of Santa Monica. Schedule a viewing today and transform your dream of owning an income property by the iconic Santa Monica Pier into a reality!

Beds:
n/a
Baths:
Sq.Ft.:
1,954
Status:
Active
MLS#:
24363805
Type:
Other
Lot size:
0.14 Acres
Year built:
1984
Courtesy: Karen Humphreys - Karen Humphreys Karen Humphreys
View additional info

6,000 sq.ft. corner lot one block from Santa Monica Beach and Main Street stores and restaurants. Lot is zoned MUBL (Mixed-Use Boulevard Low), which favors potential development of ground floor commercial and upper floor housing. Highly visible potential site to show off new architecture. Could be used for home and business. The property currently has a 3 BR 2 bath 1,954 sq.ft. home built in 1984. Gated access to a two car garage and additional parking. Do not disturb occupants. Seller will show the house only after accepted offer. To be sold "As Is". Seller requests up to six months leaseback after the sale to facilitate moving.

Beds:
n/a
Baths:
Sq.Ft.:
2,190
Status:
Active
MLS#:
24375519
Type:
Mixed Use
Lot size:
0.05 Acres
Year built:
2012
Courtesy: Lee Tonks - Tonks Agency Inc, Lee Tonks
View additional info

100% VACANT - mixed use, Bar-Restaurant on the ground floor with a 2 bed 1 bath residential upstairs. Previously the home of LA Draughts and Santino's restaurant. In 2009 the building was virtually demolished due to a fire and it was rebuilt from the ground up to the 2009 building codes, including earthquake retrofitting, 750 Grease trap installed, Fire Sprinkler system, Infiltration pits, Air Conditioning, ADA approved (as of final inspection date). open flame cooking with hood. This property is ready to go for either fine dining or fast food. Seller and previous tenant states that the entire rear patio, including the 3 parking spaces is permitted for a patio. Permitted for 2 outdoor tables at front of property. All tenants previous tenants have had a beer and wine license. The property is grandfathered for the exemption for off license alcohol sales. Roofing was recently coated. This is a very rare opportunity to own a bar restaurant / residential delivered vacant in Santa Monica, across the street from Whole foods on Lincoln Blvd in the heart of Santa Monica. As of April 13th 2024 the city of Santa Monica issued an "Alcohol Determination zoning conformance review" for a State ABC type 47 Alcohol license

Beds:
n/a
Baths:
Sq.Ft.:
35,309
Status:
Active
MLS#:
24364931
Type:
Other
Lot size:
0.43 Acres
Courtesy: John 'Judd' Dunning - John Barker Dunning John 'Judd' Dunning
View additional info

INVESTMENT HIGHLIGHTS:DWG Capital Group is proud to exclusively present the 6-parcel land assemblage at 23024-23026 Ventura Blvd, Woodland Hills, CA 91364 for sale. This undeveloped land property in Woodland Hills, California, presents an excellent multi-use development opportunity for investors and developers.DEVELOPMENT STATISTICS:The property is located at 23024-23026 Ventura Blvd and is zoned for C-1 use. It is situated on 6 parcels, totaling approximately 18,774 square feet, providing ample space for innovative design and construction. The proposed building would encompass a total area of 35,309 square feet, complying with a floor area ratio (F.A.R.) of 1 to 1. The development plan includes the construction of 40 units, consisting of 35 standard apartment units and 5 ground floor retail/office live/work spaces. The estimated cost is $84,995 per un-entitled unit, resulting in a total cost of $3,399,800. Buyer is encouraged to perform their own due diligence.EXCELLENT LOCATION:The property is situated in a highly desirable location in Woodland Hills, California. It is located between the popular Ventura Blvd and Highway 101 just east of Valley Circle Blvd, which offers easy access to various amenities, including shopping centers, restaurants, and entertainment options all near the Warner Center. The property is also conveniently located just a short walk from the Metro Local Line 161 at the Ventura/Caltrans Station, which provides access to public transportation. Additionally, the property is just minutes away from the higher-income area of Calabasas, which is known for its upscale residential communities, high-end shopping, and scenic surroundings.STRONG RENTAL SUB-MARKET:The area has over 187,000 residents, with an average household income exceeding $82,898 in the Northwest/Canoga Park, Winnetka & Woodland Hills area. Additionally, the location has an extremely robust workforce in its dense infill location, with a walk score of 89, indicating excellent walkability. The area is particularly attractive to millennial renters, with nearby projects such as The Q on Variel and The Q on Glade projects commanding rents of over $4.21 per square foot and other nearby projects benchmarking nearly $4+ per square foot rent. The growth and development in the submarket of Woodland Hills make it an attractive location for potential tenants and buyers, making it a highly competitive real estate market.

The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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