5804 Woodman Avenue, Van Nuys, CA 91401
Property
Sold October 2023
Listing Agent: Griffin White (DRE #02031785) · Listing Office: BRC Advisors- BH · Bought with: Reza Ghobadi · Reza Ghobadi · MLS #23283877 · Source: CRMLS
About this property
We are pleased to offer this nine unit investment opportunity, located in the City of Van Nuys. The unit mix consists of three 1+1 units and six 2+2 units. The investment consists of approximately 7,645 of rentable square feet and is situated on an approximately 10,935 square foot parcel. Property upgrades include a new surveillance system, new exterior paint, new exterior lighting, new exterior building and unit numbers, and six of the units have recently been renovated. The building amenities include a large parking area with ten total spaces, a large storage room with potential to be converted to an ADU, a secured gated entry, and the property is separately metered for both gas & electricity. The property is not subject to the City of Los Angeles RSO, however it is subject to rent control under AB 1482, which allows rent increases of 5% plus local CPI. The property is in compliance with the Los Angeles Soft-Story Retrofit Program.
Listing description from the October 2023 sale, as reported to CRMLS.
Sale history