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    6948 N Woodman Avenue

    Van Nuys, CA 91405
    • $3,599,000
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: 21761746
    UPDATED: 63 min ago
    $3,599,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    2021
    County:

    School Ratings & Info

    Description

    RTI is ready! IN VAN NUYS One of the most LA'S desirable area for new multifamily and office building. Amazing investment opportunity for knowledgeable investors and developers. 23 Units Luxury Apartment Building RTI ready (31,150Sqft)+ ONE ADU (1,200Sqft)The 31,150 Sqft project contains an Excellent unit mix: twenty 2 Br+ 2Baths and three 3Br+ 2 Baths (2 units low income). The investors can enjoy the Projected gross income of $796,536 per year. Drive-by existing property, which is a Nursery that is on a month-to-month lease for $5,000. Lot Size: 19,961 Sqft, R3 Zone: 173' x 97-21'= 16,817.33 Sqft + R1 Zone: 32' x 97-21'= 3,151.3 Sqft . Market Rent/SF = 2.58 PSF ave, Parking Area: 14,566 Sqft, Number of Parking = 36, Average unit size = 1,132 Sqft

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T13:29:26.097. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/120252621
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    6948 N Woodman Avenue Van Nuys, CA 91405

    • Price: $3,599,000
    • Status: Active
    • Updated: 63 min ago
    • ID#: 21761746
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    2021
    Built
    County:
    Los Angeles
    Property Description
    RTI is ready! IN VAN NUYS One of the most LA'S desirable area for new multifamily and office building. Amazing investment opportunity for knowledgeable investors and developers. 23 Units Luxury Apartment Building RTI ready (31,150Sqft)+ ONE ADU (1,200Sqft)The 31,150 Sqft project contains an Excellent unit mix: twenty 2 Br+ 2Baths and three 3Br+ 2 Baths (2 units low income). The investors can enjoy the Projected gross income of $796,536 per year. Drive-by existing property, which is a Nursery that is on a month-to-month lease for $5,000. Lot Size: 19,961 Sqft, R3 Zone: 173' x 97-21'= 16,817.33 Sqft + R1 Zone: 32' x 97-21'= 3,151.3 Sqft . Market Rent/SF = 2.58 PSF ave, Parking Area: 14,566 Sqft, Number of Parking = 36, Average unit size = 1,132 Sqft
    Exterior Features

    Parking Features None Pool Features None Pool Private YN No

    Interior Features

    Cooling None Cooling YN No Heating None Heating YN No

    Property Features

    Gross Income 796536 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 0 Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar3

    Listing provided courtesy of Elham Khani of Coldwell Banker Realty and Lily Laadan Vosough of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T13:29:26.097. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
    23670 Hawthorne Blvd. #100
    Torrance CA, 90505