20935 Warner Center Ln, Los Angeles, CA, 91367, US

20935 Warner Center

Atributos

Superficie bruta del terreno

2,88 ha

Descripción

Introduction

JLL is pleased to offer 20935 Warner Center Ln (the "Property" or "Site"), a fully entitled site part of the Warner Center Corporate Park located in the Woodland Hills area of Los Angeles, California. The Warner Center Corporate Park is undergoing a major redevelopment process that will involve replacing 12 existing buildings with 9 new buildings over eight phases.

Property Offering

The offering presents two distinct acquisition options for 20935 Warner Center Ln.

• Option 1 - Multi-Family Development

Only Phase 1 is acquired for a 403-unit fully entitled multi-family development.

• Option 2 - For-Sale Residential Development

Both Phase 1and Phase 2 acquired for a for-sale or build-to-rent residential project.

Phase 1

• Fully entitled for a 403-unit apartment complex

• Alternative townhome development potential

• ±4.93 Acres

Phase 2

• Approved plans for a 204-unit apartment complex

• Alternative townhome development potential

• ±2.19 Acres

...

Aspectos destacados de la inversión

Built-in 24-Hour Demand

The subject Property benefits from its proximity to 6+ million square feet of premier office space and 84 multi-family communities. The planned 12,000-SF retail component will benefit from the 24-hour demand generated by the surrounding business and residential communities.

Revitalized Area

Located in the heart of Warner Center, this property benefits from the area’s ongoing transformation into a dynamic, high-density urban center under the Warner Center 2035 Plan, which encourages mixed-use development. Its location near the future $10 billion Los Angeles Rams headquarters is anticipated to enhance the area’s desirability, further driving housing demand.

Exceptional Demographics

The Property is situated in the heart of the Warner Center area of Los Angeles. This area encompasses some of the most affluent residential and business communities in Los Angeles with a median income of over $132,000.