Van Nuys, CA 91406,6537 WOODLEY AVE
Van Nuys, CA 91406,6537 WOODLEY AVE
Van Nuys, CA 91406,6537 WOODLEY AVE
Van Nuys, CA 91406,6537 WOODLEY AVE
Van Nuys, CA 91406,6537 WOODLEY AVE
Van Nuys, CA 91406,6537 WOODLEY AVE
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$3,495,000

$3,525,000

0.9%
Est.Price: ?

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Est. payment /mo

23 Beds

18 Baths

13,354 SqFt


SOLD DATE : 06/15/2018

Key Details

Sold Price $3,495,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 13,354 sqft

Price per Sqft $261

MLS Listing ID 18318556

Sold Date 06/15/18

Bedrooms 23

HOA Y/N No

Year Built 1959

Lot Size 0.643 Acres

Property Description

We are pleased to present 6537-6543 Woodley Avenue, a 17-unit multifamily property in the Lake Balboa neighborhood of Van Nuys that features two separate single-family homes. Situated on a huge 28,001 square foot lot with excellent street visibility, the four buildings contain 13,354 rentable square feet. An investor may assume the existing loan in order to take advantage of its attractive 3.65 percent interest rate. In addition to benefitting from the current cash flow, an investor may also explore future redevelopment options as plans have been proposed for construction of up to 28 multifamily units on the site. The open campus features a wide driveway that provides access to 20 carport parking spaces, as well as an additional six open spaces. Insulated at the rear of the property are two single-family houses with private fenced backyards, both surrounded primarily by other single family homes.

Location

State CA

County Los Angeles

Area Lkbl - Lake Balboa

Zoning LAR1

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Carport

Total Parking Spaces 26

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 2233028022

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Roderick 'Rick' Raymundo • Marcus & Millichap
Bought with Roderick 'Rick' Raymundo • Marcus & Millichap
agent-avatar

+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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