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Van Nuys, CA 91401 5725 Woodman Avenue

$1,995,000

5725 Woodman Avenue Van Nuys, Ca - Image 15725 Woodman Avenue Van Nuys, Ca - Image 25725 Woodman Avenue Van Nuys, Ca - Image 3
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Presented By: Rick Conwell with True Fit Real Estate, Inc.; 949-357-6463
  • MLS# OC24007030
  • 01/11/2024
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  • BedBeds • 8
  • BathBaths • 4
  • FootageSQFT • 4,480

Home Details

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 the ideal long term hold investment for the savvy investor's portfolio.
Presented By: Rick Conwell with True Fit Real Estate, Inc.; 949-357-6463

Interior Features for 5725 Woodman Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside, LaundryCloset
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 5725 Woodman Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityVan Nuys
Community FeaturesSidewalks
CountyLos Angeles
Days on Market3
DirectionsFrom 101 Freeway, Exit Woodman, North to Property on the Left
Entry LocationGround
Garage Spaces0.0
Garage Y/NNo
Gross Income74596.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense2000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet5478.0
MLS AreaVN - Van Nuys
MaintenanceExpense2500.0
MobileHomeRemainsYNNo
Net Operating Income74596.0
New ConstructionNo
Operating Expense32204.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property ConditionTurnkey
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsNoticeOfDefault
Standard StatusActive
StatusActive
Stories2
Street NameWoodman
Tax Lot8
Taxes$23,324
Tenant PaysAllUtilities
Total Units4
Trash Expense3600.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Y/NNo
Waterfront Y/NNo
Year Built2004
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 5725 Woodman Avenue

Building Area Total4480.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLawn, Level, RectangularLot
Lot Size Acres0.1258
Lot Size Area5478.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Parking FeaturesConcrete
Road Frontage TypeCityStreet
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,995,000
MLS#OC24007030
List Date 01/11/2024
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors