CA > Van Nuys
Van Nuys, CA 91406,7011 Woodley AVE
Van Nuys, CA 91406,7011 Woodley AVE
Van Nuys, CA 91406,7011 Woodley AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Alex Aceituno

Alex Aceituno

+1(818) 606-1854
$ 1,199,000
Est. payment | /mo

10 Beds

6 Baths

3,542 SqFt

Save
$ 1,199,000
Est. payment | /mo
Save

10 Beds

6 Baths

3,542 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,542 sqft

Price per Sqft $338

MLS Listing ID 24439815

Bedrooms 10

Construction Status Additions/Alterations

HOA Y/N No

Year Built 1954

Lot Size 7,004 Sqft

Property Description

Well maintained 6-unit building in Lake Balboa, one of the most sought after 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 from the new Vallarta super market/ tortilleria/ bakery. Approx 70% of owners expense is that the building has one water meter. A new owner could apply to LADWP for permission to have this split so each unit has its own individual water bill thus greatly reducing the owner's monthly expenses. Seller is highly motvated. Seller is not doing a 1031 tax exchange so closing can be quick. (The annual rent control rent raise is February.)

Location

State CA

County Los Angeles

Area Lkbl - Lake Balboa

Zoning LAR3

Interior

Heating Forced Air, Wall Furnace

Flooring Carpet, Laminate

Inclusions All gas ranges in kitchens are owners

Fireplace No

Laundry Common Area, Stacked

Exterior

Garage Assigned, Concrete, One Space

Pool None

View Y/N No

View None

Roof Type Composition,Shingle

Total Parking Spaces 6

Private Pool No

Building

Faces South

Story 2

Entry Level Two,Multi/Split

Sewer Sewer Tap Paid

Water Public

Level or Stories Two, Multi/Split

New Construction No

Construction Status Additions/Alterations

Others

Senior Community No

Tax ID 2224010008

Financing Cash

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Robert Glinert • KW Advisors
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 606-1854

itsalexace@gmail.com

15301 Ventura Blvd, Sherman Oaks, CA, 91403, USA

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

7011 Woodley AVE