Van Nuys, CA 91401,5804 Woodman AVE
Van Nuys, CA 91401,5804 Woodman AVE
Van Nuys, CA 91401,5804 Woodman AVE
Van Nuys, CA 91401,5804 Woodman AVE
Van Nuys, CA 91401,5804 Woodman AVE
Van Nuys, CA 91401,5804 Woodman AVE
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$3,037,500

$3,100,000

2.0%
Est.Price: ?

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Est. payment /mo

15 Beds

15 Baths

7,645 SqFt


SOLD DATE : 10/16/2023

Key Details

Sold Price $3,037,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,645 sqft

Price per Sqft $397

MLS Listing ID 23283877

Sold Date 10/16/23

Bedrooms 15

HOA Y/N No

Year Built 1989

Lot Size 0.251 Acres

Property Description

We are pleased to offer this nine unit investment opportunity, located in the City of Van Nuys. The unit mix consists of three 1+1 units and six 2+2 units. The investment consists of approximately 7,645 of rentable square feet and is situated on an approximately 10,935 square foot parcel. Property upgrades include a new surveillance system, new exterior paint, new exterior lighting, new exterior building and unit numbers, and six of the units have recently been renovated. The building amenities include a large parking area with ten total spaces, a large storage room with potential to be converted to an ADU, a secured gated entry, and the property is separately metered for both gas & electricity. The property is not subject to the City of Los Angeles RSO, however it is subject to rent control under AB 1482, which allows rent increases of 5% plus local CPI. The property is in compliance with the Los Angeles Soft-Story Retrofit Program.

Location

State CA

County Los Angeles

Area Vg - Valley Glen

Zoning LARD1.5

Interior

Fireplace No

Exterior

Garage Gated

Parking Type Gated

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2343005028

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Griffin White • BRC Advisors- BH
Bought with Reza Ghobadi • Reza Ghobadi
agent-avatar

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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