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Multifamily

22757 & 22763 Del Valle St

22757-22763 Del Valle St, Los Angeles, CA 91364

Listing Price: $2,800,000

Cap Rate
1.00%
GRM
2,800,000.00

Investment Overview

Marcus & Millichap proudly presents 22757 & 22763 Del Valle Street, a multifamily development opportunity in prime Woodland Hills. When purchased as a double lot, there is potential to build 16 units by right, 32 units with the state density bonus or 110 units 100% affordable with ED1. The properties are situated in a premier “South of the Boulevard” location with excellent visibility from the world renowned Ventura Boulevard 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 consid-ered 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.

Investment Highlights

  • 22757 Del Valle: 6,498 SF of Land | Currently a 3-Unit Complex (with 1 rented garage) on 1 Parcel of Land
  • 22763 Del Valle: 6,499 SF of Land | Currently a 4-Unit Complex on 1 parcel of Land
  • R3-1 Zoning

Exclusively Listed By

Multifamily

22757 & 22763 Del Valle St

Listing Price: $2,800,000

Cap Rate
1.00%
GRM
2,800,000.00

Investment Highlights

  • 22757 Del Valle: 6,498 SF of Land | Currently a 3-Unit Complex (with 1 rented garage) on 1 Parcel of Land
  • 22763 Del Valle: 6,499 SF of Land | Currently a 4-Unit Complex on 1 parcel of Land
  • R3-1 Zoning

Investment Overview

Marcus & Millichap proudly presents 22757 & 22763 Del Valle Street, a multifamily development opportunity in prime Woodland Hills. When purchased as a double lot, there is potential to build 16 units by right, 32 units with the state density bonus or 110 units 100% affordable with ED1. The properties are situated in a premier “South of the Boulevard” location with excellent visibility from the world renowned Ventura Boulevard 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 consid-ered 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.

Exclusively Listed By

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