Est. cap rate

1.6%

Assumed rent, all units

$7,460/mo

Units

2

Price per unit

$1,392,500

Est. annual NOI

$44,760

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

7

Bathrooms

6

Building size

5,081 sqft

Lot size

15,392 sqft

Year built

2000

Stories

2

Garage spaces

2

Heating

Natural Gas,Central

Cooling

Central Air

Pool

In Ground,Fenced,Tile,Private,Heated,Gas Heat

View

None

Status

Active

Days on market

118

MLS #

242576040

About this property

Reduced to less then $500 a sqft, for this area that is unmatched! First serious offer takes it! Nestled in highly desirable Sherman oaks area of San Fernando Valley sits this magnificent House. Built in year 2000, the property consists of approx. 3900 sqft front house which has 5 bedrooms, 4 bathrooms and the rear ADU is approximately 1100 sqft and is a 2 bedroom 1 bathroom, very open floor-plan. The main House opens up to Beautiful hallway area and staircase with open spaces and high ceilings. The backyard opens up to very large size pool and bbq area. The ADU can potentially be separated by a fence. The property has a huge potential! it is currently Leased to a treatment center for a good amount rent. Please call the Broker for details.

Location

5449 Woodman Avenue

Sherman Oaks, Los Angeles, CA, 91401