Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

8

Building size

7,440 sqft

Lot size

6,196 sqft

Year built

1992

Stories

3

Style

Modern

Heating

Central

Cooling

Central Air

Pool

None

View

City Lights

Status

Active

Days on market

109

MLS #

243595660

About this property

Exceptional 8-unit multi-family investment opportunity in sought-after Woodland Hills neighborhood, perfectly situated South of Ventura Boulevard! Built in 1992, this pride-of-ownership property boasts a modern, condominium-style layout with individual APN numbers for each unit, offering incredible potential for a future condo conversion project (buyer to verify with city planning). Spanning approx. 7,440 gross RSF on a prime LAR3 corner lot, The interiors are exceptionally bright and spacious, with all 4 upper-level units featuring soaring high ceilings, including 2 units that boast a unique loft design. An incredible value-add asset, five units will be delivered vacant, presenting a rare and seamless transition for immediate market-rate rentals or owner-occupancy with immediate move-in prospects available. Amenities include a secure gated parking garage accommodating 2 tandem parking spaces per unit (16 total spaces) and an automatic security gate. Tenants will enjoy a premier lifestyle with fantastic proximity to excellent shopping, dining, and entertainment at Westfield Topanga, The Village, and the vibrant local dining scene along Ventura Boulevard. Located within the award-winning El Camino Real High School boundaries with quick freeway access. Perfect for portfolio expansion or a 1031 exchange!

Location

22705 Del Valle Street

Woodland Hills, Los Angeles, CA, 91364