6859 Woodman Avenue, Van Nuys, CA 91405

About this property

We are pleased to present a seven-unit multifamily property located in an excellent Valley Glen location. With a Certificate of Occupancy issued in December 1978, the property is not subject to LA City Rent Control (Still Subject to CA Rent Control AB1482). There is a nice unit mix of five one-bedroom/one-bathroom units, one two-bedroom/two-bathroom unit, and one three bedroom/two-bathroom unit. Located just north of Vanowen Street, the property provides residents a central location for 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. In addition to the desirable location, the property offers residents central AC & heat, gated entry, central courtyard, covered and open gated parking, and an on-site laundry facility. This opportunity is ideal for an investor looking for a Non LA City Rent Controlled asset in a dense rental market.

Listing description from the February 2023 sale, as reported to CRMLS.

Sale history

$2,150,000

Sold February 2023 · listed $2,200,000, on market November 2022 · MLS #22214767 · Source: CRMLS

Listing Agent: Brett Sanson · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Brett Sanson · Marcus & Millichap

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