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6036 Variel Ave - Woodland Hills ~ 1.21 Acres 1.21 Acres of Residential Land Offered at $9,000,000 in Woodland Hills, CA 91367
Investment Highlights
- Fully entitled and permit-ready development site
- Exceptional access to major employers, retail, dining, entertainment, and transportation corridors
- Architectural plans completed by renowned firm AC Martin
Executive Summary
Permit-Ready Luxury Mixed-Use Development Opportunity in Warner Center
Rare opportunity to acquire a fully entitled, permit-ready mixed-use development site designed by renowned architectural firm AC Martin. The approved plans feature a premier luxury project consisting of 221 upscale apartment residences and a 32-room extended-stay hotel, thoughtfully designed to capitalize on the area's strong residential and corporate demand.
Rare opportunity to acquire a fully entitled, permit-ready mixed-use development site designed by renowned architectural firm AC Martin. The approved plans feature a premier luxury project consisting of 221 upscale apartment residences and a 32-room extended-stay hotel, thoughtfully designed to capitalize on the area's strong residential and corporate demand.
Property Facts
1 Lot Available
Lot
| Price | $9,000,000 | Lot Size | 1.21 AC |
| Price Per AC | $7,438,016.53 |
| Price | $9,000,000 |
| Price Per AC | $7,438,016.53 |
| Lot Size | 1.21 AC |
Fully entitled and permit ready, mixed-use project with 221 apartment plus a 32 room extended stay type hotel. Located in Warner Center. Existing 22,600 sf industrial building on 1.2 acre site.
Description
Fully entitled and completed, permit ready, plans by iconic architect AC Martin, for a high end luxury mixed-use project with 221 apartment plus a 32 room extended stay type hotel. Located in Warner Center, the leading Central Business District and employment center in the West San Fernando Valley. Existing 22,600 sf industrial building on 1.2 acre site.
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2149-005-022 | Improvements Assessment | $0 |
| Land Assessment | $7,490,880 | Total Assessment | $7,490,880 |
Property Taxes
Parcel Number
2149-005-022
Land Assessment
$7,490,880
Improvements Assessment
$0
Total Assessment
$7,490,880
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6036 Variel Ave - Woodland Hills ~ 1.21 Acres
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