Elysian Housing & Capstone Equities Purchase Land In Woodland Hills From Zenith Insurance Company

The property located at 21155 Califa Street in the Woodland Hills/Warner Center market consists of 120,400 square feet of land and includes a building structure totaling 35,000 square feet. The transaction took place on June 25, 2026, with the intention of developing the site into an affordable housing community named The Green at Warner Center.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: Not specified
• Buyer: Elysian Housing & Capstone Equities
• Seller: Zenith Insurance Company
• Brokers: Scott Romick, John Battle, Jay Rubin & Eugene Kim - LA NORTH/VENTURA - Lee & Associates
• Development Plan: Approximately 316 one-, two-, and three-bedroom apartments above parking for over 300 vehicles

The brokers involved in the transaction, Scott Romick, John Battle, Jay Rubin, and Eugene Kim represented the buyers in this deal. Their collaboration reflects a strategic initiative to enhance affordable housing options in the region.