7240 Woodman Avenue
Van Nuys, CA 91405

Residential Income/Sold for $4,650,000

Overview

Great opportunity for investor . Property has 20% rental upside potential . Property has been renovated $400,000 of Capital improvements for brand new roof , brand new window , new exterior paint , new washer , new dryer and complete remodeled of 8 unit . Property are conveniently to the bank , restaurant , school and supermarket . Gross income per year $ 336,506. Net income per year $ 244,484. Building square feet : 16,060. Lot size : 22,222. Each unit has separate meter for gas electricity . Tenant pay their electricity and gas . Great location !


Details

Lot:22,222 SqFt.

Type:Residential Income

Status:Sold

Michael Melik-Bakchian

DRE 01914624
818.455.3601 / direct
818.246.1099 / office
[email protected] / email
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