22763 Del Valle Street

Woodland Hills, CA 91364

$1,500,000
Price
7
Beds
4
Baths
2,974 Sq. Ft.
$504 / Sq. Ft.
2,974
Sq. Ft.
$504
per Sq. Ft.

Description

We are pleased to present 22763 Del Valle Street, a prime fully occupied 4-Unit 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. The neighboring property located at 22757 Del Valle St is also for sale and can be sold in conjunction with the subject property to accommodate a larger development site. Located in the highly...We are pleased to present 22763 Del Valle Street, a prime fully occupied 4-Unit 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. The neighboring property located at 22757 Del Valle St is also for sale and can be sold in conjunction with the subject property to accommodate a larger development site. Located in the highly desirable "South of the Boulevard" area, it boasts excellent visibility from Ventura Boulevard, a renowned thoroughfare in Woodland Hills, CA.
  1. Listed by Stuart Fagan • DRE #01913335 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 22763 Del Valle Street

Zoning
LAR3
Parcel Number
2040031022
Total Units
4.0
Living Area
2974
Source Living Area
Vendor Enhanced
Area
Woodland Hills (WHLL)
Vacancy Rate
0
Lot Size Area
6530
LISTING UPDATED: 07/17/2024 12:01 AM

Property Details for 22763 Del Valle Street

StatusActive
MLS #24-412959
Days on Market137
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.15 AC / 6,530 SF
CountyLos Angeles County

Building Information for 22763 Del Valle Street

Stories2Residences-Year Built1955Building Size-Lot Size0.15 AC / 6,530 SF

Property Information for 22763 Del Valle Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 1
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Limited Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $80,316
  • Net Operating Income: $43,107.00
  • Gross Income: $82,800
  • Gross Rent Multiplier: $18.12
  • Total Annual Expense: 39609
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1499
  • Lot Size Square Feet: 6530
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 4
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Window Unit(s)
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-09-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $5,400.00
  • Unit Projected Rent: $7,500.00
  • Like Units: 3
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $1,950.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $349,162.00
  • Assessed Improvement Percent: 56.19
  • Assessed Land Value: $272,225.00
  • Assessed Land Percent: 43.81
  • Assessed Total Value: $621,387.00

Property History for 22763 Del Valle Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 22763 Del Valle Street

Taxable ValueLand$277,669Additions$356,145Total$633,814
Tax Record2024$8,105 ($675 / month)
Home Facts
Total Finished SqFt2,974 SqFtAbove Grade Finished SqFt2,974 SqFtLot Size6,487 SqFtStyleQuadraplexYear Built1955ZoningLAR3CountyLOS ANGELESAPN2040-031-022

Schools near 22763 Del Valle Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Charter - 9 to 12
Charter - K to 12
Rating
School
Distance
George Ellery Hale Charter Academy
Charter6 to 8

El Camino Real Senior High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

22763 Del Valle Street is a multi-family home for sale in Woodland Hills, CA 91364. This property was listed for sale on July 9, 2024 by Marcus & Millichap, it's currently listed at $1,500,000. It has been on the market for a total of 137 days and was last sold on January 2, 2013. This listing's school district is Los Angeles Unified School District. Nearby schools include Woodlake Elementary Community Charter School, George Ellery Hale Charter Academy and El Camino Real Senior High School. 22763 Del Valle Street is a 7-bed, 4-bath, 2,974 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Stuart Fagan, DRE #01913335

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.