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    5725 Woodman Avenue

    Van Nuys, CA 91401
    • $1,550,000
    • STATUS: CONTINGENT
    • ON SITE: 224 days
    • ID#: 302330139
    Under Contract
    UPDATED: 12 min ago
    $1,550,000
    • 4
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2004
    County:

    School Ratings & Info

    Description

    Amazing Location for this 4-Plex. Long Term Tenants, Rent is Currently Below the Potential for the Area. Each unit has the same floorplan - They are 2 Bedroom 2 Bath units, each with their own inside laundry. They Feature Hardwood Floors, Granite Counters in Kitchen, and balcony's. Tenants Pay Utilities - Separate Meters for Electricity, Gas, & Water. Tandem Parking for a total of 8 Off Street Spaces. Built in 2004, this property is low maintenance and in very good condition. This is a perfect long term h Amazing Location for this 4-Plex. Long Term Tenants, Rent is Currently Below the Potential for the Area. Each unit has the same floorplan - They are 2 Bedroom 2 Bath units, each with their own inside laundry. They Feature Hardwood Floors, Granite Counters in Kitchen, and balcony's. Tenants Pay Utilities - Separate Meters for Electricity, Gas, & Water. Tandem Parking for a total of 8 Off Street Spaces. Built in 2004, this property is low maintenance and in very good condition. This is a perfect long term hold great cash flow property, Potential 5.5%+ Cap Rate at Pro Forma Rent at Listing Price.

    Monthly Payment Calculator

    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.dreamlivingsd.com/homes/101939008
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    5725 Woodman Avenue Van Nuys, CA 91401

    • Price: $1,550,000
    • Status: CONTINGENT
    • Updated: 12 min ago
    • ID#: 302330139
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2004
    Built
    Neighborhood:
    Van Nuys (91401)
    County:
    Los Angeles
    Area:
    Van Nuys (91401)
    Property Description
    Amazing Location for this 4-Plex. Long Term Tenants, Rent is Currently Below the Potential for the Area. Each unit has the same floorplan - They are 2 Bedroom 2 Bath units, each with their own inside laundry. They Feature Hardwood Floors, Granite Counters in Kitchen, and balcony's. Tenants Pay Utilities - Separate Meters for Electricity, Gas, & Water. Tandem Parking for a total of 8 Off Street Spaces. Built in 2004, this property is low maintenance and in very good condition. This is a perfect long term h Amazing Location for this 4-Plex. Long Term Tenants, Rent is Currently Below the Potential for the Area. Each unit has the same floorplan - They are 2 Bedroom 2 Bath units, each with their own inside laundry. They Feature Hardwood Floors, Granite Counters in Kitchen, and balcony's. Tenants Pay Utilities - Separate Meters for Electricity, Gas, & Water. Tandem Parking for a total of 8 Off Street Spaces. Built in 2004, this property is low maintenance and in very good condition. This is a perfect long term hold great cash flow property, Potential 5.5%+ Cap Rate at Pro Forma Rent at Listing Price.
    Exterior Features

    Pool N/K Site CurbsSidewalks Spa N/K

    Interior Features

    Total Baths Unit1 2 Total Baths Unit2 2

    Property Features

    Actual Cap Rate 5.51 Annual Expense Actual 24981 Buildings 1 Gross Scheduled Income Actual 86400 Sales Restrictions Nod Filed/Foreclosure Pnd Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 1800.0 Unit2 Rent Actual 1800.0 Water Meter On Property Zoning Lard1.5

    Listing provided courtesy of Keep Your Keys, Inc.. 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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