7507 Woodman Avenue, Van Nuys, CA 91405

  • $7,995,000
  • $378
7507 Woodman Avenue, Van Nuys, CA 91405
  • Residential Income
  • Property Type
  • 50
  • Bedrooms
  • 34
  • Bathrooms
  • 21159.00
  • 1986
  • Year Built
For Sale
7507 Woodman Avenue, Van Nuys, CA 91405
  • $7,995,000
  • $378

Overview

Property ID: SGR-33683460
  • Residential Income
  • Property Type
  • 50
  • Bedrooms
  • 34
  • Bathrooms
  • 21159.00
  • 1986
  • Year Built

Description

We are pleased to present 7507 Woodman Ave, Van Nuys, where opportunity meets potential in this 34-unit apartment building.Built in 1986, this property is not subject to LA City Rent Control (Only Subject to CA State Rent Control AB 1482).Situated amidst a bustling neighborhood, this property offers a unique investment prospect for savvy buyers looking to capitalize onuntapped potential. With a strategic renovation and management plan, there is ample opportunity to enhance both the aesthetic appealand functionality of each unit, thereby increasing rental income and overall property value.The dense location offers convenient access to major transportation arteries and essential amenities, ensuring residents have easyconnections to employment centers, shopping, and dining options.The building itself features a mix of unit sizes, including 22 two bedroom, 6 one bed room, and 6 studio apartments accommodating arange of tenant needs. Amenities such as gated parking and on-site laundry facilities are in place, providing a foundation upon which tobuild additional value for residents.

  • Address 7507 Woodman Avenue
  • City Van Nuys
  • State/county CA
  • Zip/Postal Code 91405
  • Country United States

Details

Updated on August 30, 2024 at 10:51 am
  • Property ID: SGR-33683460
  • Price: $7,995,000
  • Property Size: 21159.00 m²
  • Land Area: 31531.00 m²
  • Bedrooms: 50
  • Bathrooms: 34
  • Year Built: 1986
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 21159.00
  • MLS#: 24418991
  • Office Name: MARCUS & MILLICHAP
  • Agent Name: Brett Sanson
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Marcus & Millichap
  • Co-Agent Name: Jeffrey Louks
  • Agent State License: 01387480
  • Co-Agent State License: 00908473

Additional details

  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 0.00

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