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    6948 N Woodman Avenue

    Van Nuys, CA 91405
    • $3,599,000
    • STATUS: Active
    • ON SITE: 77 days
    • ID#: 21755756
    UPDATED: 35 min ago
    $3,599,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    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

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T22:29:12.27. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
    www.robynicenhowerproperties.com/homes/119038267
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    6948 N Woodman Avenue Van Nuys, CA 91405

    • Price: $3,599,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: 21755756
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    County:
    Los Angeles
    Property Description
    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
    Exterior Features

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    Property Features

    Additional Parcels YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Senior Community YN No Special Listing Conditions Standard Zoning Lar3

    Listing provided courtesy of Elham Khani of Coldwell Banker Realty and Lily Laadan Vosough of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T22:29:12.27. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
     
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