6507 Woodman Avenue

    Valley Glen, CA 91401
    • $3,950,000
    • STATUS: Active Under Contract
    • ON SITE: 148 days
    • ID#: 19526702
    Under Contract
    $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 CRISNet MLS as of 2020-04-01T07:42:50.833. 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.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-01T07:42:50.833. 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.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-04-01T07:42:50.833. 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.

    Based on information from the i-Tech MLS as of 2020-04-01T07:42:50.833. 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.

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

    6507 Woodman Avenue Valley Glen, CA 91401

    • Price: $3,950,000
    • Status: Active Under Contract
    • 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 Keller Williams-Santa Monica.


    Based on information from CRISNet MLS as of 2020-04-01T07:42:50.833. 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.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-01T07:42:50.833. 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.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-04-01T07:42:50.833. 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.

    Based on information from the i-Tech MLS as of 2020-04-01T07:42:50.833. 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.

    Licensed in the State of California, USA.
     
    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake CA, 91361