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23055 Del Valle St, Woodland Hills, CA, 91364

$3,000,000

0.70 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewNone
MLS #24365235
Lot Size0.70 Acres
StatusActive

About 23055 Del Valle St

INVESTMENT HIGHLIGHTS:DWG Capital Group is proud to exclusively present the 6-parcel land assemblage at 23055 Del Valle St, Woodland Hills, CA 91364 for sale. This undeveloped land property in Woodland Hills, California (a few blocks east of the Calabasas city limits and next door to the Bowlero bowling alley), presents an excellent multi-use development opportunity for investors and developers.DEVELOPMENT STATISTICS:The property spans a total of approximately 30,599 square feet across 6 parcels providing a highly flexible multi-use residential zoned development opportunity where each parcel could be sold for profit individually or as a whole. Zoned for residential R-1 use, each parcel allows for the construction of 4 units (24 units total). The proposed plans include a 2,988 square foot, 2-story duplex featuring 4 bedrooms and 3 bathrooms, complete with a 2-car garage in the first unit. The second unit of the duplex spans 903 square feet and includes 2 bedrooms, 2 bathrooms, and its own 2-car garage. Further enhancing each parcel are two more 2-story Accessory Dwelling Units (ADUs), each spanning 985 square feet and offering 2 bedrooms, 2.5 bathrooms, and 2 outdoor parking spaces. This arrangement not only accommodates parking for up to 6 vehicles per parcel (36 parking spots total). Ideal for portfolio cashflow generation as single rentals or a co-living community 23055 Del Valle St offers a superior location product and opportunity for a best-of-class developer or investor.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.

Property Details

Property Features

Listing Office:

  • Office Name: John Barker Dunning
  • Office Phone: (310) 261-8428
  • Listing Agent: John 'Judd' Dunning

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.70 Acres

School Info

Assigned Schools Information:

  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • George Ellery Hale Charter Academy, Public Charter Grades 6-8
  • Studio, Public District Grades 6-8
  • Woodlake Elementary Community Charter, Public Charter Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: Just north of the 101 east of Valley Circle Blvd near Warner Center. Just blocks away from the Calabasas city limits.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,000,000
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Housing Market Comparison

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

23055 Del Valle St vs Los Angeles

47 DAYS ON ROCKET

+13 Days

$3,000,000

+$2.0M More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24365235

Listing Office:

  • Office Name: John Barker Dunning
  • Office Phone: (310) 261-8428
  • Listing Agent: John 'Judd' Dunning

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 11:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3393283
7
/10

  • Woodlake Elementary Community Charter

  • 23231 Hatteras St

  • 0.92 miles

  • Public Charter Grades KG-5

school-card-donut-3393284
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 1.74 miles

  • Public Magnet Grades 1-5

school-card-donut-3393285
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 17.01 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-3393286
7
/10

  • George Ellery Hale Charter Academy

  • 23830 Califa St

  • 1.47 miles

  • Public Charter Grades 6-8

school-card-donut-3393287
4
/10

  • Studio

  • 2211 W Avenue 30

  • 22.69 miles

  • Public District Grades 6-8

High School

school-card-donut-3393288
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 7.38 miles

  • Public Magnet Grades 9-12

school-card-donut-3393289
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 25.29 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $115,385. The majority of Los Angeles, CA residents have income between $100k-200k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 23055 Del Valle St

What is the listing price of this property?

The listing price of 23055 Del Valle St property is $3,000,000.

What type of property is this?

The property 23055 Del Valle St is land located in Woodland Hills, California, 91364.

Is this property for sale now?

Active Listing: 23055 Del Valle St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 23055 Del Valle St are:
Woodlake Elementary Community Charter: GreatSchools Rating 7/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
George Ellery Hale Charter Academy: GreatSchools Rating 7/10
Studio: GreatSchools Rating 4/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

How much acreage is this property?

The property 23055 Del Valle St is 0.70 acres.
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Rocket Homes›California›Los Angeles County›Los Angeles›91364›23055 Del Valle St

This home is located at 23055 Del Valle St in Woodland Hills, CA and zip code 91364 in the The San Fernando Valley neighborhood. This home sits on a 0.70 acre lot. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $3,000,000.

Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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