20971 Warner Center Ln - Office FOR SALE


Woodland Hills, CA 91367
$6,600,000 USD
818-554-0542
20971 Warner Center Ln, Woodland Hills, CA for Sale
$6,600,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

NEW


20971 Warner Center Ln
Woodland Hills, CA 91367


HIGHLIGHTS

  • IDEALLY SUITED FOR CORPORATE OFFICE, FITNESS USE, PRODUCTION STUDIOS, AND MEDICAL OFFICES
  • PRIME LOCATION IN WARNER CENTER, A REVITALIZED URBAN LIVE-WORK COMMUNITY WITH EXCELLENT EXPOSURE ALONG BURBANK BOULEVARD
  • FLEXIBILITY TO OCCUPY ENTIRE PROPERTY OR LEASE OUT A PORTION OF THE PROPERTY
  • EXCELLENT PARKING RATIO AT 3.5/1,000
  • OPPORTUNITY TO CONVERT TO MIXED USE MULTI-FAMILY
  • CONVENIENT ACCESS TO 101 FREEWAY

OVERVIEW

20971 Warner Center Lane is an 18,990 SF single-story freestanding office building located on approximately 1.45 acres in the Warner Center Corporate Park in Woodland Hills. The property offers an attractive owner-user or investor opportunity with the flexibility to occupy the entire building. The building features a strong parking ratio of approximately 3.5 spaces per 1,000 square feet and is well suited for a variety of uses including corporate office, fitness, production studio, or medical office. The property benefits from generous window lines providing abundant natural light and a park-like campus environment.Strategically positioned in the heart of Warner Center, the property offers convenient access to the Ventura (101) Freeway and is surrounded by major amenities including Westfield Topanga, The Village at Topanga, Kaiser Permanente, and numerous retail and dining destinations. The site is located within the Warner Center 2035 Specific Plan Commerce District, which encourages employment-focused uses such as media production, healthcare, research and development, and hybrid industrial uses while also allowing future mixed-use residential and commercial development. With strong demographics, nearby healthcare expansion, and significant mixed-use developments underway in Warner Center—including the planned Rams Village project—the property presents a rare opportunity to acquire a freestanding building in one of the San Fernando Valley’s most rapidly evolving live-work-play districts.

FOR SALE DETAILS

PRICE

$6,600,000 USD

PRICE/SF

$345 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Bldg G5

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

WC - Commerce

APN/PARCEL ID

2149-017-015

ASK ABOUT THIS PROPERTY

Jay RubinLee & AssociatesMore Info
818-554-0542

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Jay RubinLee & AssociatesMore Info
818-554-0542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.