6507 Woodman Avenue

    Valley Glen, CA 91401
    • $3,950,000
    • STATUS: Active
    • ON SITE: 110 days
    • ID#: 19526702
    UPDATED: 79 min ago
    $3,950,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      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 California Regional Multiple Listing Service, Inc. as of 2020-02-23T00:26:41.033. 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 Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/100535447

    6507 Woodman Avenue Valley Glen, CA 91401

    • Price: $3,950,000
    • Status: Active
    • Updated: 79 min ago
    • ID#: 19526702
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    11,232
    SQFT
    $352
    $/SQFT
    1987
    Built
    Neighborhood:
    VG - Valley Glen
    County:
    Los Angeles
    Area:
    VG - Valley Glen
    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

    Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling See Remarks Cooling YN Yes Laundry Features None

    Property Features

    Gross Multiplier 14.98 Gross Operating Income 263760.00 Improvements Amount 616712 Land Value 415464 Laundry YN No Net Operating Income 180270.00 Special Listing Conditions Standard Total Expenses 83490.00 Zoning Lar3

    Listing provided courtesy of Jason Flashman of Keller Williams-Santa Monica and Chase Simonton of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-23T00:26:41.033. 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 Steele Canyon Realty. Licensed in the State of California, USA.

     
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