7240 Woodman Avenue

    Van Nuys, CA 91405
    • $4,850,000
    • STATUS: ACTIVE
    • ON SITE: 149 days
    • ID#: 301761723
    UPDATED: 83 min ago
    $4,850,000
    • 6
      BEDS
    • 0.51
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    Great opportunity for investor . Property has 20% rental upside potential . Property has been renovated $400,000 of 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 . Gross income per year $ 336,506. Net income per year $ 244,484. Building square feet : 16,060. Lot size : 22,222. Each unit has separate meter for gas electricity . Tenant pay Great opportunity for investor . Property has 20% rental upside potential . Property has been renovated $400,000 of 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 . Gross income per year $ 336,506. Net income per year $ 244,484. Building square feet : 16,060. Lot size : 22,222. Each unit has separate meter for gas electricity . Tenant pay their electricity and gas . Great location !

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.talechia.com/homes/100685700

    7240 Woodman Avenue Van Nuys, CA 91405

    • Price: $4,850,000
    • Status: ACTIVE
    • Updated: 83 min ago
    • ID#: 301761723
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.51
    Acres
    1952
    Built
    Neighborhood:
    Van Nuys (91405)
    County:
    Los Angeles
    Area:
    Van Nuys (91405)
    Property Description
    Great opportunity for investor . Property has 20% rental upside potential . Property has been renovated $400,000 of 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 . Gross income per year $ 336,506. Net income per year $ 244,484. Building square feet : 16,060. Lot size : 22,222. Each unit has separate meter for gas electricity . Tenant pay Great opportunity for investor . Property has 20% rental upside potential . Property has been renovated $400,000 of 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 . Gross income per year $ 336,506. Net income per year $ 244,484. Building square feet : 16,060. Lot size : 22,222. Each unit has separate meter for gas electricity . Tenant pay their electricity and gas . Great location !
    Exterior Features

    Parking Garage Desc Unit1 Assigned Pool N/K Site Sidewalks

    Interior Features

    Cooling Wall/Window Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

    Property Features

    Actual Cap Rate 5.01 Annual Expense Actual 94010 Buildings 3 Gross Scheduled Income Actual 337111 Home Owners Fees 0.0 Terms Conventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 3527.0 Unit2 Rent Actual 16905.0 Unit3 Rent Actual 4568.0 Unit4 Rent Actual 1453.0 Water Meter On Property Zoning Lar3

    Listing provided courtesy of Ko Tai Realty. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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