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21725 Erwin St 20,600 sq ft Retail Property Woodland Hills, CA 91367 £5,586,075 (£271.17/sq ft)
INVESTMENT HIGHLIGHTS
- Excellent Owner User Opportunity - Medical, Office, Warehouse, Furniture and many more!
- 1,000 AMPS | 120/208 Volts | 3 Phase | 4 Wire
- One (1) Ground Level Loading Door
- 164 Surface Parking Spaces in Common
EXECUTIVE SUMMARY
OWNER USER OFFICE, RETAIL, OR MEDICAL BUILDING FOR SALE!
CBRE, Inc., as exclusive advisor, is pleased to present a rare opportunity to acquire 21725 Erwin Street, a free-standing single-story retail, office, or medical building strategically located in the heart of Warner Center. This ±20,600 square foot property, constructed in 1978 and renovated in 2023, is situated on ±39,574 square feet (0.91 acres) of land directly across from the new 52-acre RAMS Village mixed-use development. The Property’s prime location within the Warner Center 2035 Plan, favorable LAWC zoning, and proximity to major amenities and transportation, make it an ideal investment for owner-users and developers alike.
CBRE, Inc., as exclusive advisor, is pleased to present a rare opportunity to acquire 21725 Erwin Street, a free-standing single-story retail, office, or medical building strategically located in the heart of Warner Center. This ±20,600 square foot property, constructed in 1978 and renovated in 2023, is situated on ±39,574 square feet (0.91 acres) of land directly across from the new 52-acre RAMS Village mixed-use development. The Property’s prime location within the Warner Center 2035 Plan, favorable LAWC zoning, and proximity to major amenities and transportation, make it an ideal investment for owner-users and developers alike.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Property Size
20,600 sq ft
Costar Property Class
B
Year Built/Renovated
1978/2023
Price
£5,586,075
Price per sq ft
£271.17
Tenancy
Single
Number of Floors
1
Plot ratio
0.52
Total Plot Size
0.91 ac
Opportunity Zone
Yes
Use Class
LAWC - Favorable LAWC zoning regulations in the Downtown District allow for a wide range of commercial office, medical, retail, and residential uses.
Parking
164 Spaces (7.96 Spaces per 1,000 sq ft Leased)
Frontage
181 ft on Erwin St
AMENITIES
- Signage
Walk Score®
Easily Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2146-029-007 | Improvements Assessment | £1,418,831 |
| Land Assessment | £1,018,930 | Total Assessment | £2,437,761 |
PROPERTY TAXES
Parcel Number
2146-029-007
Land Assessment
£1,018,930
Improvements Assessment
£1,418,831
Total Assessment
£2,437,761
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21725 Erwin St
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