22757 Del Valle Street

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.

Listing information courtesy of: Stuart Fagan, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.