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

Type

Apartment

Bedrooms

10

Building size

4,944 sqft

Lot size

9,028 sqft

Year built

1952

Stories

2

Garage spaces

0

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

89

MLS #

244976757

About this property

Presenting an ideal 10-unit building within this prime Valley Glen locale. Seller’s relocation out of state triggered the decision to sell or he would have never let this go. No vacancies here and all solid tenants pay right on time! Roof replaced appx 7 years ago, plumbing upgraded to copper and the sewer main-line from curb to building was also replaced. Washer/Dryer are owned, not rented and offer potential for appx $300 additional in monthly income. Parking lot affords seven spaces and just received a fresh top-coat. Rear patio area with two storage units add to the appeal. Unit #1 has just been vacated (photos included) and offers an amazing private yard with storage shed....can add another $1,800 in monthly! An excellent option for your 1031….don’t miss!

Location

5923 Woodman Avenue

Valley Glen, Los Angeles, CA, 91401