7011 Woodley Avenue, Van Nuys, CA 91406

Well maintained 6-unit building in Lake Balboa, one of the hottest neighborhoods in LA. Close to shopping, markets, less than 2 miles from Balboa Park. Fully rented, 5 of the units have laminate and ceramic tile floors.All the exterior facing windows have been replaced, roof completely replaced in 2019. Owner pays water/power for bldg., so the next owner can pay to have split meters for each unit thus greatly increasing the net income. Owner pays a service company to lease the washer/dryer. Each unit has wall AC unit, and wall gas heater. Four units are 1 bed 1 bath, 2 units are 3 bed 1 bath. Owners monthly expenses: $1000 water/power, $400 trash, $75 pest control, $100 gardening, $43 for laundry lease/ maintenance. Each unit has one assigned parking space. Plently of street parking. Across the street from the new and huge Vallarta super market/ tortilleria/ bakery. All loan preapprovals shall be first done by US Direct Lender Andrew Mkrtchyan 818-808-5360. No exceptions.