6507 Woodman Avenue

    Valley Glen, CA 91401
    • $3,950,000
    • STATUS: Active Under Contract
    • ON SITE: 13 days
    • ID#: 19526702
    Under Contract
    UPDATED: 91 min ago
    $3,950,000
    • 24
      BEDS
    • 0.24
      ACRES
    • 24
      BATHS
    • 0
      1/2 BATHS
    • 11,232
      SQFT
    • $352
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1987
    County:

    School Ratings & Info

    Description

    We are proud to present to market 6507 Woodman Avenue, a a 12-unit apartment building in the city of Valley Glenn This offering presents an excellent opportunity to acquire an asset with a desirable unit mix with the ability for a new investor to capture significant potential upside. The building was constructed in 1987 and is situated on an expansive 10,343 square foot lot. The property offers a compelling unit mix of all two bedroom and two bathroom. The ample parking provides one sport per bedroom for parking. There is no seismic retrofit required for this property. Email for full package. **Inside with accepted offer only. Drive by only.**

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    Based on information from CARETS as of 2019-11-18T09:22:08.4. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.rosalietherealtor.com/homes/100533726

    6507 Woodman Avenue Valley Glen, CA 91401

    • Price: $3,950,000
    • Status: Active Under Contract
    • Updated: 91 min ago
    • ID#: 19526702
    24
    Beds
    24
    Baths
    0
    ½ Baths
    0.24
    Acres
    11,232
    SQFT
    $352
    $/SQFT
    1987
    Built
    Neighborhood:
    Valley Glen (Vg)
    County:
    Los Angeles
    Area:
    Valley Glen (Vg)
    Property Description
    We are proud to present to market 6507 Woodman Avenue, a a 12-unit apartment building in the city of Valley Glenn This offering presents an excellent opportunity to acquire an asset with a desirable unit mix with the ability for a new investor to capture significant potential upside. The building was constructed in 1987 and is situated on an expansive 10,343 square foot lot. The property offers a compelling unit mix of all two bedroom and two bathroom. The ample parking provides one sport per bedroom for parking. There is no seismic retrofit required for this property. Email for full package. **Inside with accepted offer only. Drive by only.**
    Exterior Features

    Parking Spaces Total 22 Parking Type Garage

    Interior Features

    Appliances None Cooling Type Other Heating Type Wall Heater Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Partially Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 2.0 Unit Number Of Bed01 2

    Property Features

    Adjusted Gross Income 260760.00 Assessed Improvement Value 616712.00 Assessed Land Value 415464.00 Country United States Of America Expense Total Annual 83490.00 Gross Operating Income 263760.00 Gross Rent Multiplier 14.98 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 180270.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 1810.00 Unit Projected Total Monthly Rent01 2150.00 Unit Total Monthly Rent01 1810.00 Unit Type01 12 Units Total In Complex 12 Zoning Lar3

    Listing provided courtesy of Jason Flashman DRE#01841976 of Keller Williams-Santa Monica and Chase Simonton CA DRE# 01766871 of .


    Based on information from CARETS as of 2019-11-18T09:22:08.4. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    The Agency
    331 N Foothill Rd, #100
    Beverly Hills CA, 90210