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6940 Woodley Avenue

Van Nuys, CA 91406
  • $1,500,000
  • STATUS: Active
  • ON SITE: 162 Days
  • MLS #: SB23060261
UPDATED: 54 min ago
$1,500,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Listing Agent(s): Mario Gandara of W&D Real Estate Investments (310-562-0324)


Description

We are pleased to offer for sale this four (4) unit multifamily investment opportunity located at 6940 Woodley Avenue, in the City of Van Nuys. This two-story building, consisting of one structure, was constructed of wood frame and stucco on a raised foundation built in 1948 with a square footage of 3,074 on a 6,366-square foot lot. This property contains a great unit mix of four (4) Two bedroom/one bathroom units. Two of the units were recently remodeled with paint, laminate waterproof flooring, new kitchen with cabinets and quartz countertops. A true value add opportunity with possibility of adding ADU units on the detach garages.Residents enjoy the easy access to much of the San Fernando Valley. LA Valley College, Sepulveda Basin Recreation Center, and Van Nuys/Sherman Oaks Recreation Center are some of the notable destinations nearby.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T00:29:13.817. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/138470229
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6940 Woodley Avenue Van Nuys, CA 91406

  • Price: $1,500,000
  • Status: Active
  • On Site: 162 Days
  • Updated: 54 min ago
  • MLS #: SB23060261
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1948
Built
Neighborhood:
VN - Van Nuys
County:
Los Angeles
Area:
VN - Van Nuys
Property Description
We are pleased to offer for sale this four (4) unit multifamily investment opportunity located at 6940 Woodley Avenue, in the City of Van Nuys. This two-story building, consisting of one structure, was constructed of wood frame and stucco on a raised foundation built in 1948 with a square footage of 3,074 on a 6,366-square foot lot. This property contains a great unit mix of four (4) Two bedroom/one bathroom units. Two of the units were recently remodeled with paint, laminate waterproof flooring, new kitchen with cabinets and quartz countertops. A true value add opportunity with possibility of adding ADU units on the detach garages.Residents enjoy the easy access to much of the San Fernando Valley. LA Valley College, Sepulveda Basin Recreation Center, and Van Nuys/Sherman Oaks Recreation Center are some of the notable destinations nearby.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Curbs Electric Expense 250 Fuel Expense 0 Garage YN Yes Gross Income 99432 Gross Scheduled Income 99432 Insurance Expense 1300 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 65703 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 33146 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 8286 Trash Expense 2400 Water Sewer Expense 4800 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T00:29:13.817. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Mario Gandara of W&D Real Estate Investments (310-562-0324)