7240 Woodman Avenue

    Van Nuys, CA 91405
    • $5,600,000
    • STATUS: Active
    • ON SITE: 159 days
    • ID#: WS19135933
    UPDATED: 58 min ago
    $5,600,000
    • 0
      BEDS
    • 0.51
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,060
      SQFT
    • $349
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    Great opportunity for investor . 100% fully occupied. Property has 20% rental upside potential . Property has been renovated $400,000of Capital improvements for brand new roof , brand new window , new exterior paint , new washer , new dryer and complete remodeled of 8 unit . Property are conveniently to the bank , restaurant , school and supermarket .

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-17T07:28:48.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
    www.searchsocalrealestate.com/homes/95715241

    7240 Woodman Avenue Van Nuys, CA 91405

    • Price: $5,600,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: WS19135933
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.51
    Acres
    16,060
    SQFT
    $349
    $/SQFT
    1952
    Built
    Neighborhood:
    VN - Van Nuys
    County:
    Los Angeles
    Area:
    VN - Van Nuys
    Property Description
    Great opportunity for investor . 100% fully occupied. Property has 20% rental upside potential . Property has been renovated $400,000of Capital improvements for brand new roof , brand new window , new exterior paint , new washer , new dryer and complete remodeled of 8 unit . Property are conveniently to the bank , restaurant , school and supermarket .
    Exterior Features

    Carport Spaces 6.00 Garage Spaces 0.00 Lot Features Front YardGarden Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedCarport Parking Total 20.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area 590 Average Studio Area Units Square Feet Average1 Bed Area 720 Average1 Bed Area Units Square Feet Average2 Bed Area 920 Average2 Bed Area Units Square Feet Average3 Bed Area 1300 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall/Window Unit(S)Electric Cooling YN Yes Heating Wall Furnace Heating YN Yes Laundry Features Common Area

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.53 Community Features Sidewalks Country Us Electric Expense 1640.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1680.00 Gross Income 337129.00 Gross Operating Income 337129.00 Gross Scheduled Income 337129.00 Insurance Expense 5025.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 10560.00 Laundry YN Yes Maintenance Expense 3540.00 Net Operating Income 253486.00 New Construction YN No New Taxes Expense 46620.00 Number Of Separate Electric Meters 19 Number Of Separate Gas Meters 19 Number Of Separate Water Meters 1 Operating Expense 83642.00 Professional Management Expense 3600.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 83642.00 Trash Expense 5609.00 Water Sewer Expense 14390.00 Water Source Public Year Built Source Public Records Zoning Lar3

    Listing provided courtesy of Lily Wang of Ko Tai Realty and Hsien Hsu of Ko Tai Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-17T07:28:48.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
     
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