Description

Priced to sell, contact agents for updated pricing guidance.

Work with the City to add much-needed residential units to Agoura Hills. An idyllic lifestyle and quality Las Virgenes schools offer easy access to Westlake Village, Calabasas, Woodland Hills, and Malibu.

This unique upzoning on the 1.13-acre lot, across from Whizin Market Square, allows for an exciting mixed use development with up to 39 residential units and ground floor retail off Agoura Rd. The location is excellent from a residential and retail development standpoint, with a cluster of retail centers walkable from subject property and proximity to the Kanan Rd exit off the 101 Freeway.

An opportunity like no other, Sellers are ready to meet the market.

  • City of Agoura Hills approved housing plan for up to 39 residential units
  • +/- 5,000 Sq. Ft. of ground-floor retail
  • Excellent access to the 101 freeway

Property Features:

  • Lot Size: 49,392 SF / 1.13 acres
  • Lot FAR: 0.6-can develop 60% of this parcel for a project size of +/-29,635 Sq.Ft.
  • Land Price Per Sq.Ft.: $44.54**
  • Potential Total Residential Units: 30*
  • Number of Affordable Units: 6*
  • Total Potential ADU’s: 9
  • Total Potential Residential Units: 39 (Assuming ADU’s)
  • Price/Buildable Unit: $56,410 (Assuming ADU’s)
  • Potential Total Retail Sq.Ft.: 5,927 through 10,349 Sq.Ft.
  • Zoning: Agoura Village Specific Plan
  • Overlay Zone: Affordable Housing Overlay Zone
  • Parking: Subterranean, One Level
  • Topography: Sloped
  • Parcel Numbers: 2061-029-003, 2061-029-004

**Assuming use of affordable housing overlay

**Calculated for reference purposes only using a placeholder sale price, contact agents for pricing guidance


49392
Area Sq-ft

Property ID

Agoura Road, Agoura Hills, CA

Property Type

Land

Area

49392 Sq-ft

Status

For Sale

Additional Features

N

Agoura Hills land for sale

N

agoura hills residential development

N

agoura hills residential land

N

land for sale

N

maher commercial realty


Agents

Oron Maher

Oron Maher

Director Broker

  • (310) 464-1453
  • Oron@MaherCR.com
  • MaherCR.com
Nicole Lu

Nicole Lu

Investment Associate

  • 1 (310) 710-1018
  • Nicole@MaherCR.com
  • MaherCR.com

More Properties


Land

12028-12034 W. Venice Blvd, Los Angeles, CA 90066

12034 W. Venice Blvd., Los Angeles, CA


Land

3755 Beverly Blvd. | 311 N. Juanita Ave. | 315 N. Juanita Ave., Los Angeles, CA 90004

3755 Beverly Blvd., Los Angeles, CA 90004, USA


Office

La Puente Village – 387-445 S Azusa Ave, La Puente, CA 91744

445 S Azusa Ave., La Puente Village La Puente, CA