6948 N WOODMAN AVE

VAN NUYS, CA, 91405

$3,600,000

$111 per ft²
$3,600,000
$111 per ft²
Active
Active
 - For Sale
beds
53 Beds
baths
50 Baths
carpenters-square
32,359 ft²
property_type
Multi-family
calendar
Built 2022
RTI is ready! IN VAN NUYS One of the most LA'S desirable area for new multifamily and office building. Amazing investment opportunity for knowledgeable investors and developers. 23 Units Luxury Apartment Building RTI ready (31,150Sqft)+ ONE ADU (1,200Sqft)The 31,150 Sqft project contains an Excellent unit mix: twenty 2 Br+ 2Baths and three 3Br+ 2 Baths (2 units low income). The investors can enjoy the Projected gross income of $796,536 per year. Drive-by existing property, which is a Nursery that is on a month-to-month lease for $5,000. Lot Size: 19,961 Sqft, R3 Zone: 173' x 97-21'= 16,817.33 Sqft + R1 Zone: 32' x 97-21'= 3,151.3 Sqft . Market Rent/SF = 2.58 PSF ave, Parking Area: 14,566 Sqft, Number of Parking = 36, Average unit size = 1,132 Sqft
MLS® ID:
21-111995
Updated:
6/27/22
Coldwell Banker Realty
Barry Dantagnan

Interior Features

Total Bedrooms
53
Total Bathrooms
50
Cooling
None
Heating
None

Exterior/Building Features

Lot Size
0.46 acres lot

Other Property Details

Garage
No
Parking
None
Parking Total
36.0
View
N
County
Los Angeles
Pool
No
Total Stories
3
Zoning
LAR3

 

Courtesy of Elham Khani, Coldwell Banker Realty

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barry Dantagnan shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 6/27/22

Coldwell Banker Realty
Barry Dantagnan
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