Trophy Owner-User Retail Offering in Woodland Hills, Ca

$4,995,000

ASKING PRICE

$854

PRICE / SF


Kidder Mathews is pleased to present this prime commercial real estate opportunity for sale, located in the vibrant heart of Woodland Hills. 21326 Ventura Boulevard offers a rare investment chance in one of Los Angeles's most sought-after neighborhoods. This 5,850 square-foot commercial property, situated on a spacious 22,651 square-foot lot, is currently vacant and ready for a new vision.

ADDRESS 21326 Ventura Blvd, Woodland Hills, CA
NRSF 5,850 SF
YEAR BUILT 1965 / Renovated 2012
OCCUPANCY Vacant
LAND AREA 22,651 SF (0.52 AC)
SITE COVERAGE 26%
PARKING 52
ZONING C4-1

This exceptional property, presented by Kidder Mathews, is not only a sound investment but also an opportunity to own a part of Woodland Hills’ bustling commercial landscape. For those looking to invest, develop, or establish a footprint in a thriving community, 21326 Ventura Boulevard represents an unparalleled opportunity.



Property Highlights

Strategic Location

Nestled on Ventura Boulevard, a bustling and prominent thoroughfare in the San Fernando Valley, this property ensures maximum exposure and accessibility.

VERSATILE SPACE

Ideal for a variety of retail uses such as specialty boutiques, health and wellness centers, gourmet markets, or restaurants, as well as single-tenant office spaces that cater to high-profile clients.

AMPLE PARKING

With over 50 parking spaces, the property offers a significantly higher parking ratio than typical for the area, enhancing convenience for both employees and customers.

ROBUST LOCAL ECONOMY

Situated in Woodland Hills, a hub for both residential and commercial growth, the area offers a thriving economic environment with high median income and substantial consumer traffic.

DEVELOPMENT POTENTIAL

With favorable zoning, the property offers potential for redevelopment, subject to planning approvals, to maximize its value and utility.

Investment Considerations

HIGH DEMAND AREA

Woodland Hills continues to experience low vacancy rates and robust demand for commercial space, making this property an attractive lease or development opportunity.

GROWING COMMUNITY

With ongoing residential and commercial developments, the area is poised for sustained growth, promising a strong appreciation of property value.

EXCELLENT ACCESSIBILITY

Conveniently located near major highways and public transportation facilities, the property benefits from excellent transport links.



Site Plan

Floor Plan

WOODLAND HILLS' MARKET IS UNDERGOING CHANGE

Location

Woodland Hills, located in the western region of Los Angeles, California, is a city known for its desirable residential neighborhoods and thriving commercial centers.

$109,768

MEDIAN HH INCOME

75,292

TOTAL POPULATION

58.9%

BACHELOR'S DEGREE OR HIGHER

50.4%

OWNER OCCUPIED HOUSING UNITS

43.3%

RENTER OCCUPIED HOUSING UNITS

With its prime location in the San Fernando Valley, Woodland Hills offers residents a perfect blend of both suburban and urban conveniences. The real estate market in Woodland Hills is highly sought after, with a mix of spacious single-family homes, modern townhouses, and upscale apartment complexes catering to a diverse range of buyers and renters. The city has excellent schools, many neighborhood parks, and a strong sense of community making it an attractive destination for families and professionals alike. As of 2023, Woodland Hills has a total population of over 75,000 people with an average household income of $158,921. Additionally, Woodland Hills is home to an array of retail and entertainment options, including the Westfield Topanga Shopping Center, which offers a wide array of stores, restaurants, and a state-of-the-art movie theater. Overall, Woodland Hills continues to be a desirable location for those seeking a suburban lifestyle with easy access to the amenities of a major metropolitan area.



Demographics


Due Diligence

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