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Key Details
Sold Price $1,475,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23060261
Sold Date 12/29/23
Bedrooms 8
HOA Y/N No
Lot Size 6,333 Sqft
Property Description
We are pleased to offer for sale this four (4) unit multifamily investment opportunity located at 6940 Woodley Avenue, in the City of Van Nuys. This two-story building, consisting of one structure, was constructed of wood frame and stucco on a raised foundation built in 1948 with a square footage of 3,074 on a 6,366-square foot lot. This property contains a great unit mix of four (4) Two bedroom/one bathroom units. Two of the units were recently remodeled with paint, laminate waterproof flooring, new kitchen with cabinets and quartz countertops. A true value add opportunity with possibility of adding ADU units on the detach garages. Residents enjoy the easy access to much of the San Fernando Valley. LA Valley College, Sepulveda Basin Recreation Center, and Van Nuys/Sherman Oaks Recreation Center are some of the notable destinations nearby.
We are pleased to offer for sale this four (4) unit multifamily investment opportunity located at 6940 Woodley Avenue, in the City of Van Nuys. This two-story building, consisting of one structure, was constructed of wood frame and stucco on a raised foundation built in 1948 with a square footage of 3,074 on a 6,366-square foot lot. This property contains a great unit mix of four (4) Two bedroom/one bathroom units. Two of the units were recently remodeled with paint, laminate waterproof flooring, new kitchen with cabinets and quartz countertops. A true value add opportunity with possibility of adding ADU units on the detach garages. Residents enjoy the easy access to much of the San Fernando Valley. LA Valley College, Sepulveda Basin Recreation Center, and Van Nuys/Sherman Oaks Recreation Center are some of the notable destinations nearby.
Location
State CA
County Los Angeles
Area Van Nuys (91406)
Zoning Public Rec
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $41
Space Rent $1,693
Financing Conventional
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Bought with Ramon Rascon • RE/MAX One