7240 Woodman Avenue
Van Nuys, CA 91405
Sold for $4,650,000
Beds: 0 Baths: 0 Structure Size: 0 sqft Lot Size: 22,222 sqft
| MLS | WS19135933 |
| Year Built | 1952 |
| Property Type | Residential Income |
| Property Subtype | |
| County | Los Angeles |
| Status | Sold |
| Sold | $4,650,000 |
| Structure Size | 0 sqft |
| Lot Size | 22,222 sqft |
| Beds | 0 |
| Baths | 0 |
Description
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 !
Listing information courtesy of: Michael Melik-Bakchian, JohnHart Real Estate *Based on information from the Association of REALTORS/Multiple Listing as of 04/26/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property may have been sold while Agent was with another brokerage, and may have represented the buyer in this transaction.
Location
Presented By
DRE #01873088
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