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21255-21155 Califa St 2 Office Properties in Woodland Hills, CA
INVESTMENT HIGHLIGHTS
- Rare Large-Scale Redevelopment Opportunity in the Thriving Warner Center Submarket
- Strong Submarket Multifamily Fundamentals
- Compelling Demographics
- 8.03 Acre Site Consisting of Two Parcels
- Located in Warner Center, a Development-Oriented Zoning with FAR 4.5:1
EXECUTIVE SUMMARY
Lee & Associates is pleased to offer a rare large-scale development opportunity located at 21115 & 21255 Califa Street, in the heart of Woodland Hills and within the boundaries of the Warner Center 2035 Specific Plan.
The project consists of 2 separate parcels and can be purchased individually. 21255 Califa Street is ±5.27 acres and 21115 Califa Street is ±2.76 acres. This project is situated in one of Los Angeles’ most active and rapidly transforming submarkets, with immediate access to Westfield Topanga, The Village, and the upcoming Rams Village development by the Kroenke Group.
The property includes two contiguous parcels totaling approximately 154,885 square feet of existing office/flex improvements. Zoned under the Warner Center 2035 Plan, the site supports a by-right floor area ratio (FAR) of 4.5:1, allowing for high-density multifamily or mixed-use redevelopment.
As one of the few remaining large land parcels in Warner Center, the site is surrounded by over 6 million square feet of office space, thousands of new residential units, and substantial planned investment. It offers excellent connectivity via the Ventura Freeway (US-101), convenient access to the Metro Orange Line, and a walkable location near retail, dining, and entertainment amenities.
The project consists of 2 separate parcels and can be purchased individually. 21255 Califa Street is ±5.27 acres and 21115 Califa Street is ±2.76 acres. This project is situated in one of Los Angeles’ most active and rapidly transforming submarkets, with immediate access to Westfield Topanga, The Village, and the upcoming Rams Village development by the Kroenke Group.
The property includes two contiguous parcels totaling approximately 154,885 square feet of existing office/flex improvements. Zoned under the Warner Center 2035 Plan, the site supports a by-right floor area ratio (FAR) of 4.5:1, allowing for high-density multifamily or mixed-use redevelopment.
As one of the few remaining large land parcels in Warner Center, the site is surrounded by over 6 million square feet of office space, thousands of new residential units, and substantial planned investment. It offers excellent connectivity via the Ventura Freeway (US-101), convenient access to the Metro Orange Line, and a walkable location near retail, dining, and entertainment amenities.
PROPERTY FACTS
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 151,145 SF |
| Status | Active | Total Land Area | 8.03 AC |
| Number of Properties | 2 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 151,145 SF |
| Total Land Area | 8.03 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 21255 Califa St, Woodland Hills, CA 91367 | Office | 115,340 SF | 1978 | - |
|
Bldg C-3
21155 Califa St, Woodland Hills, CA 91367 |
Office | 35,805 SF | 1977 | - |
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CONTACTS
-
Scott Romick -
John Battle -
Jay Rubin -
Eugene Kim -
Lee & Associates Commercial Real Estate
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21255-21155 Califa St
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