TYPES OF FLATS | Sqft | PRICE RANGE |
---|---|---|
4+4 | 2400 Sqft | $ 3.500.000 |
Mulholland 17 (“Property”) represents an extremely rare opportunity to acquire a fully entitled subdivision in the mature and highly regarded neighborhood of Woodland Hills, CA
Dotted with mature oak trees, the property offers a unique natural setting, and slopes gently down from Mulholland Drive towards San Feliciano Drive, with flat developable areas limiting the budget required for grading on-site.
Just across Mulholland Drive from the property is the City of Calabasas, Louisville High School (Private Catholic Girls High School), and Gelson’s Village at Calabasas (featuring a Gelson’s Market). Within a 10 minute drive, future residents have access to the Warner Center employment hub and Westfield Topanga Mall, as well as the renowned Calabasas Commons Shopping Center which is just 2 miles west of the property
OVERVIEW
The new home Competitive Market Area (“CMA”) for the Property focuses on single-family detached new home communities within the San Fernando Valley area. There are currently 9 new home communities within the CMA, all of which are located in inferior neighborhoods to Woodland Hills and are at least 5 miles north of Mulholland 17. None of the existing new home communities offer anywhere near the locational premiums of Mulholland 17, which is within 10 miles of Warner Center, Santa Monica, Malibu and the Pacific Ocean.
Los Angeles Unified School District, which is the second largest school district in the United States, serves the property.
Private Schools that act as educational alternatives to Los Angeles USD and are located within 5 miles of the Property:
*GreatSchools is a national nonprofit organization. The GreatSchools rating is a simple tool that helps you compare schools within a state based on test scores and other available data, like student academic progress and college readiness.
1 Year | 3 Year | 5 Year | 7 Year | 9 Year | 11 Year |
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9% | 10% | 11% | 12% | 12.5% | 13% |