5804 Woodman Avenue, Van Nuys, CA 91401
- $3,037,500
- 15
- BD
- 15
- BA
- 7,645
- SqFt
List Agent Griffin White () 310-424-5080 BRC Advisors- BH; CoList () Courtesy of Selling Office: Reza Ghobadi, Reza Ghobadi - Selling Agent DRE# and Courtesy of Listing Office BRC Advisors- BH, Griffin White - Agent DRE#
- Sold Price
- $3,037,500
- List Price
- $3,100,000
- Closing Date
- Oct 16, 2023
- Status
- CLOSED
- MLS#
- 23283877
- Year Built
- 1989
- Bedrooms
- 15
- Bathrooms
- 15
- Living Sq. Ft
- 7,645
- Lot Size
- 10,935
- Days on Market
- 85
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
We are pleased to offer this nine unit investment opportunity, located in the City of Van Nuys. The unit mix consists of three 1+1 units and six 2+2 units. The investment consists of approximately 7,645 of rentable square feet and is situated on an approximately 10,935 square foot parcel. Property upgrades include a new surveillance system, new exterior paint, new exterior lighting, new exterior building and unit numbers, and six of the units have recently been renovated. The building amenities include a large parking area with ten total spaces, a large storage room with potential to be converted to an ADU, a secured gated entry, and the property is separately metered for both gas & electricity. The property is not subject to the City of Los Angeles RSO, however it is subject to rent control under AB 1482, which allows rent increases of 5% plus local CPI. The property is in compliance with the Los Angeles Soft-Story Retrofit Program.
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.