$1,165,000
$1,250,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
5753 Woodman AVE Valley Glen, CA 91401
3,878 SqFt
Key Details
Sold Price $1,165,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,878 sqft
Price per Sqft $300
MLS Listing ID SR18075188
Sold Date 09/20/18
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1957
Property Description
Back on Market! Prime Valley Glen! Sherman Oaks adjacent is where this two-story 4 unit apartment building is now on the market for the first time in over 45 years. An excellent mix of very large 2-two-bedroom, two bath units & 2-two bedroom one & half bath units in a charming gated courtyard style setting with a beautiful landscaped front yard. The units are very large totaling approx. 3,878 square feet. There is a detached secondary building for laundry with its own water heater along with a gated covered parking area for 4 cars w/ lots of storage for each unit plus a separate storage room in the rear. Three of the units have been remodeled and the other needs some updating but is very charming with wood floors under the carpeting. The two full bath units are extremely large and have an eat in kitchen area. There are window A/C units in each unit & wall heaters as well w/ individual water heaters. All the units are separately metered. Very rarely do you see properties of this size and unit mix come on the market in such a good location, so don’t wait too long to make an offer, or it will be sold as it is priced to sell. Rents are approx. 20%-25% under market for similar sized units. This is a great opportunity for an investor and perfect for an owner/user as one top floor unit is being kept vacant for the new owner to rent or occupy. The property just passed inspection from the city of Los Angeles Housing Community. Gross income does not reflect any income from laundry.
Location
State CA
County Los Angeles
Area Vg - Valley Glen
Zoning LARD1.5
Rooms
Other Rooms Storage
Ensuite Laundry Common Area, Washer Hookup, Gas Dryer Hookup, Laundry Room
Interior
Interior Features Built-in Features, Ceiling Fan(s), Ceramic Counters, Granite Counters, Tile Counters, All Bedrooms Down
Laundry Location Common Area,Washer Hookup,Gas Dryer Hookup,Laundry Room
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile, Wood
Fireplaces Type Bath, Living Room
Fireplace Yes
Appliance Double Oven, Disposal, Water Heater
Laundry Common Area, Washer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Garage Assigned, Covered, Gated, Off Site, Garage Faces Rear, Community Structure, Storage
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Chain Link, Wood
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Valley
Utilities Available Sewer Connected, Water Connected
View Y/N No
View None
Parking Type Assigned, Covered, Gated, Off Site, Garage Faces Rear, Community Structure, Storage
Total Parking Spaces 4
Private Pool No
Building
Lot Description Garden, Sprinklers In Front, Landscaped, Rectangular Lot, Sprinkler System
Story 2
Foundation Raised
Sewer Public Sewer, Sewer Tap Paid
Water Public
Architectural Style Traditional
Additional Building Storage
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 2246024003
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 166.0
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Zarui Adjian • Max/Well Realty