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28810-28900-28902 Agoura Rd - 33-U + 2-U RETAIL RTI @ PLANNING DEPT 0.87 Acres of Commercial Land Offered at $3,900,000 in Agoura Hills, CA 91301



Investment Highlights
- Entitled for 33 residential units and 1,200 SF retail with RTI in 30 days
- Additional parcels allow expansion for 38 more units and 2,400 SF retail.
- Zoned PD-AH with strong development potential in a growing submarket.
- Assemblage offers up to 2.16 acres with 385 feet of Agoura Road frontage.
- Located near Whizin Market Square and future Ladyface Greenway project.
- Includes income-producing parcel with existing rented single-family home.
Executive Summary
33-U APT + 2-U RETAIL - RTI TODAY AT PLANNING DEPT UP TO APPROX 75-U if combined with the contiguous land sold separately.
Rare Agoura Hills Mixed Use Apartments and Retail Development Opportunity - RTI at the Planning Dept. Approved Plans for 33-U APTS + 1200 SF Retail
The 33-unit mixed-use multifamily development is Entitled RTI @ Planning Dept saving hundreds of thousands of dollars and time eliminating the hassle of the entitlement process saving you and your client tremendous time and money! The entitled building structure portion of the 33-Unit project spans 35,700 square feet of building on land area Approximately 38,004 SF, including commercial retail and service spaces. Agoura Hills City Targeted Site C. 0.87 acres on parcels 2061-029-005 + 2061-029-006
Approved plans RTI by the planning department for 33-U + 1200 SF Ground floor Retail that features the unit mix (22) 1-Bedrooms, (5) 2-Bedrooms, (6) Studios and 1,200 SF Retail Commercial SF, including (6) affordable low and very low income units. If combined with the 5 contiguous parcels, sold separately, an additional approximately 37-U and 2,400 Retail Commercial on two contiguous lots possible.
Prime Location – Strategically situated in a high-demand area neighboring Calabasas, Hidden Hills, Westlake Village, and Thousand Oaks. Just 10 miles from Malibu and Zuma Beach, the location offers a desirable lifestyle and strong market demand.
Unmatched Growth Potential– Positioned within the Agoura Village Specific Plan, a transformative hundreds of millions dollars development initiative set to revitalize the area. Our project, located in Village Area D, is directly across from the renowned Whizin Market and faces the newly developed $17.6 million Ladyface Greenway Park, offering future residents scenic balcony views.
· Surrounded by Major Developments– Adjacent to the Regency Center Development, which includes 278 residential units and 5,200 square feet of commercial space. Such proximity ensures strong rental demand, long-term appreciation, and increased property value.
· Seamless Investment Opportunity– With all approvals investors can fast-track their returns without the typical delays associated with new developments. Whether you’re considering a build-to-rent model, apartment conversion, or long-term asset growth, this project provides exceptional flexibility.
· High Rental Demand & Strong CAP Rates – The region’s robust rental market, combined with easy access to major highways, public transit, and urban conveniences, ensures stable cash flow and long-term profitability.
· Developer-Friendly Terms – With competitive pricing and a turnkey approach, this is an opportunity you don’t want to miss.
· Premium Amenities & Customization Potential – Enhance property value with tailored layouts, high-end finishes, and modern features. Multifamily investments continue to be among the most lucrative opportunities in today’s real estate market.
Property Facts
1 Lot Available
Lot
| Price | $3,900,000 | Lot Size | 0.87 AC |
| Price Per AC | $4,470,159.96 |
| Price | $3,900,000 |
| Price Per AC | $4,470,159.96 |
| Lot Size | 0.87 AC |
Reduced $1 Million! Owner Motivated! Make Offer! 2 Lots RTI @ Planning Dept. 33-APT Units + 1200 Retail 385 Linear Frontage with Combined with contiguous 5 Parcels 4 Vacant and 1-SFR Rented, Approx. 75 Units + 3600 SF .
Description
Located along Agoura Road, this assemblage spans up to 2.16 acres across three parcels, offering a unique mixed-use development opportunity in Agoura Hills. The primary parcel at 28900 Agoura Road is fully entitled for a four-story building with 33 residential units and 1,200 square feet of ground-floor retail, supported by 42 parking spaces. Two additional parcels at 28810 Agoura Road provide 1.12 acres for future development, with conceptual plans for 38 units and 2,400 square feet of retail. The third parcel at 28902 Agoura Road includes a rented single-family home on 0.17 acres, generating income while offering redevelopment potential. The site benefits from 385 feet of frontage on a main arterial, excellent visibility, and proximity to Whizin Market Square, local dining, and the planned Ladyface Greenway project. With zoning in place and RTI permits imminent for the first phase, this property is positioned for immediate and long-term value creation. Slope grading dirt removal estimated at $300,000.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $580,286 | Total Assessment | $580,286 |
Property Taxes
Contact the Sale Advisor
28810-28900-28902 Agoura Rd - 33-U + 2-U RETAIL RTI @ PLANNING DEPT
