




$1,500,000
Est. $8,400/mo22045 Clarendon Street, Woodland Hills, CA 91367
About this home
PRICE REDUCED! We are proud to present for sale a redevelopment opportunity in Woodland Hills, just off the 101, in an area that has experienced a massive change recently, and that is ready to accept your future tenants! Just west of Topanga Canyon Blvd. and south of Ventura Blvd., the property sits in the Highest TCAC Opportunity Area, and boasts a Tier 4 SAFMR, the highest payment standard designation. With a generous 7,500 SF of already-cleared land with 50 feet of frontage, the property is currently an outlier-zoned R1, while being designated as Community Commercial Land Use by the General Plan - with the next-door property zoned CR (an R4 equivalent). The property is in the Ventura / Cahuenga Boulevard Corridor Specific Plan Area. Utilize SB1123 to build around 10 homes on the property or focus on 100% Affordable Housing and take advantage of the Tier 4 SAFMR. The 335 Unit Apartment Complex next door, built in 2020, was purchased by HACLA in 2025. The property is in a DDA (Difficult Development Area), which can be a benefit to LIHTC Financing. Just a five minute walk to the intersection of Topanga and Ventura, this Very-Walkable area is just a stone's throw to Ralphs and Sprouts markets, with fast, casual and fine dining (from Chipotle to Casalna), nightlife and much more just down the road.
infoProperty Facts
Bathrooms
0
Lot Size
7,503 sqft
Days on Market
33
HOA Fee
N/A
MLS #
26634677
chairInterior Details
garageParking
deckExterior & Lot
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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