5725 Woodman Ave., Van Nuys, CA 91401 - OC19286779 - iPro Real Estate
iPro Real Estate

iPro Real Estate

5725 Woodman Ave.
Van Nuys, CA 91401

Active, Multi-Family/Income Sale

For Sale

$1,699,500 $310.41 per sqft

Free Professional CMA

Listing ID : OC19286779

  • Beds

    4
  • Garage

    64216
  • Lot Size

    5,475 Sqft
  • Year

    2004

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 hold great cash flow property, Potential 5.5%+ Cap Rate at Pro Forma Rent at Listing Price.

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 2246024026
Cap Rate: 5% 
Net Operating Income: $64,216 
Days on Market: 73 
Number of Units: 4 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Assessor 

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Interactive

34.174644 -118.431602 $1,699,500 OC19286779
5725 Woodman Ave., Van Nuys, CA 91401
Directions to here from:

Area Information 91401

Population:

41,885 Up .02% since 2010
Average Income:
$91,445
Average Age:
37Years
Gender:
49.81%Male
50.19%Female
Households:
15,44428.71% with children
Average Value:
$1,065,084
Occupancy:
34.53%Owned
65.47%Rented
5.78%Vacant
Education:
20.35%High School
7.19%Associate
21.54%Bachelor
10.64%Graduate
Average Residency:
18Years
Crime Rate:
Above Average
Annual Rainfall:
16.81Inches
Earthquake Risk:
Very High
Hail Risk:
Very Low
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Below Average

History

Date Transaction Price Mortgage Amt & Lender
Date
Dec 02, 2021
Transaction
Expired - Residential IncomeOC19286779
Price
$1,699,500
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Richard Conwell with Keep Your Keys, Inc.