6948 N Woodman Avenue

Estimated Monthly Payment: $16,412/mo 6948 N Woodman Avenue, Van Nuys, CA 91405 MLS# 21755756 Land Listing Status: Active
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REMARKS:

RTI is ready! IN VAN NUYS One of the most LA'S desirable area for new multifamily and office building. Amazing investment opportunity for knowledgeable investors and developers. 23 Units Luxury Apartment Building RTI ready (31, 150Sqft)+ ONE ADU (1, 200Sqft)The 31, 150 Sqft project contains an Excellent unit mix: twenty 2 Br+ 2Baths and three 3Br+ 2 Baths (2 units low income). The investors can enjoy the Projected gross income of $796, 536 per year. Drive-by existing property, which is a Nursery that is on a month-to-month lease for $5, 000. Lot Size: 19, 961 Sqft, R3 Zone: 173' x 97-21'= 16, 817.33 Sqft + R1 Zone: 32' x 97-21'= 3, 151.3 Sqft . Market Rent/SF = 2.58 PSF ave, Parking Area: 14, 566 Sqft, Number of Parking = 36, Average unit size = 1, 132 Sqft

OVERVIEW:

Land
Active
97x205

FEATURES:

None

FINANCIAL:

$3,599,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Elham KhaniColdwell Banker Realty

 

California Department of Real Estate License 

 

Based on information from the CRISNet MLS as of 08/05/2021, 1:46:15 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.