22045 Clarendon St.

PartnersCRE is 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 Casaléna),

nightlife and much more just down the road.