Property 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.
Features
: No
: Wall Furnace
: No
: No
: No
: No
: Gated
Address Map
U.S.
California
Los Angeles
Van Nuys
91405
7507 Woodman Avenue
0
W119° 34' 5.6''
N34° 12' 24.5''
MLS Addon
$0
21,159 Sqft
: No
: No
5.72
49
101 Freeway. Exit Woodman Ave and go North. Property will be on left side on corner of Woodman Ave and Woodman Place
: No
0
CLW-C114206

Residential Income For Sale Van Nuys

7507 Woodman Avenue, Van Nuys, Los Angeles, California, 91405

50 Bedrooms
21,159 Sqft
Visits : 2 in 58 days
$7,850,000
Listing ID #24418991
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24418991
Price : $7,850,000
Bedrooms : 50
Square Footage : 21,159 Sqft
Year Built : 1986
Lot Area : 31,531 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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