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The Growth Investment Group is proud to present THE DEL, 22769 Del Valle St, Woodland Hills. Located south of Ventura Blvd in the highly desirable area of Woodland Hills, this offering presents a rare opportunity to acquire a newly built (completed in 2019) luxury apartment with top-of-the-line amenities and modern finishes. The tax roll shows 79% improvements which gives ownership a high annual depreciation as an added benefit of this investment.
The Del Apartments offers an excellent location south of Ventura Blvd and within minutes to Warner Center, and Westfield Topanga and The Village. It is minutes away from Fallbrook Center (Walmart, AMC, other shopping), Kaiser Permanente Hospital, Warner Center Offices, Warner Center Marriott, Pierce College and Taft High School, Shopping, Dining and Entertainment. A variety of newly built luxury lifestyle apartments are also available in the area. The area directly south of The DEL mostly contains higher priced single-family houses. It is bordering Calabasas and Agoura Hills.
The DEL is a four-story apartment with 2 levels of subterranean parking. It consists of 22 units apartment. It has a rooftop deck complete with patio furniture, firepit, and offers a sweeping view of San Fernando Valley, Calabasas, Agoura Hills, and Warner Center. The property has a secured entrance complete with intercom. elevator, rooftop deck, gym, recreation room, fire sprinkler throughout with fire alarm monitoring system, lobby area, and leasing office.
It offers an excellent unit mix of twelve (12) 2bedroom+2bathroom, and ten (10) 1bedroom+1bathroom units. Two units are designated as low-income. Each unit is large with sizes ranging between 980sf to 1030sf for 2bedroom, and 650sf to 850sf for 1bedroom. Each unit will be delivered with modern amenities such as central A/C and heating, tankless water heater, fire sprinkler throughout, and washer & dryer.
Each unit comes with top-of-the-line appliances such as modern kitchen with stainless-steel appliances, quartz countertops, euro-style cabinetry, modern bathroom with tiled bathroom and luxury bathtub sliding doors, and luxury vinyl/laminate wood flooring. Each unit has modern ceiling fans and recessed lighting, some units have wall charging pad for table/ipad, and modern thermostats. Most units have a private patio.
Parking is provided by 2 levels of parking (on-grade and subterranean parking). There are a total of 35 spaces with a possibility to add 2 more spaces. Parking is a combination of tandem and regular parking. There are 2 large storage rooms that can be converted into self-storage area to bring additional rental income.