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$4,800,000 $4,700,000 Estimate Your Mortgage
7240 Woodman Ave, Van Nuys, CA 91405
0 Beds
0 Baths
n/a sqft

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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 !
  • Price:
  • $4,700,000
  • Acreage:
  • 0.51
  • Year Built:
  • 1952
  • Listing ID #:
  • WS19135933
  • Street Address:
  • 7240 Woodman Ave
  • City:
  • Van Nuys
  • State:
  • California
  • Postal Code:
  • 91405
  • County:
  • Los Angeles
  • Community:
  • Van Nuys
  • Listing Status:
  • Active
  • Number Of Units:
  • 18
  • Total # Of Buildings:
  • 3
  • Unit Total # Of Garages:
  • 6.00
  • Year Built:
  • 1952
  • Year Built Source:
  • Public Records
  • Annual Electric Expenses:
  • 1640.00
  • Annual Insurance Expenses:
  • 5025.00
  • Annual Maintenance Expenses:
  • 3540.00
  • Annual Trash Expenses:
  • 5609.00
  • Annual Water/Sewer Expenses:
  • 14390.00
  • Expenses:
  • 94010.00
  • Gross Income:
  • 337111.00
  • Net Operating Income:
  • 243101.00
  • Operating Expense:
  • 94010.00
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Lar3
  • Lot Features:
  • Front Yard, Garden
  • Lot Square Footage:
  • 22222.00
  • Community Features:
  • Sidewalks
  • Days On Market:
  • 393
  • Previous Listing Price:
  • 4800000.00
  • Price Per Square Foot:
  • 292.65
  • Laundry:
  • 1
  • Laundry Description:
  • Common Area
  • Parking Description:
  • Assigned, Carport
  • Parking Spaces:
  • 20.00
  • Uncovered Parking Spaces:
  • 14.00
  • Cooling System:
  • Wall/Window Unit(s), Electric
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • Wall Furnace
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Lily Wang of Ko Tai Realty (: 01321428)
  • CRMLS

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