7011 Woodley Avenue, Van Nuys, CA 91406

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Property Description

Well maintained 6-unit building in Lake Balboa, one of the hottest neighborhoods in LA. Close to shopping, markets, less than 2 miles from Balboa Park. Fully rented, 5 of the units have laminate and ceramic tile floors.All the exterior facing windows have been replaced, roof completely replaced in 2019. Owner pays water/power for bldg., so the next owner can pay to have split meters for each unit thus greatly increasing the net income. Owner pays a service company to lease the washer/dryer. Each unit has wall AC unit, and wall gas heater. Four units are 1 bed 1 bath, 2 units are 3 bed 1 bath. Owners monthly expenses: $1000 water/power, $400 trash, $75 pest control, $100 gardening, $43 for laundry lease/ maintenance. Each unit has one assigned parking space. Plently of street parking. Across the street from the new and huge Vallarta super market/ tortilleria/ bakery. All loan preapprovals shall be first done by US Direct Lender Andrew Mkrtchyan 818-808-5360. No exceptions.


Interior Features

Laundry Information
Location(s) Common Area, Stacked
Bedroom Information
Bedrooms 10
Bathroom Information
Bathrooms 6
Flooring Information
Material Carpet, Laminate

Listing Information

Address 7011 Woodley Avenue
City Van Nuys
State CA
Zip 91406
County Los Angeles
Listing Agent Robert Glinert DRE #01254216
Courtesy Of KW Advisors
List Price $1,295,000
Status Active
Type Residential Income
Structure Size 3,542
Lot Size 7,003
Year Built 1954

Listing information courtesy of: Robert Glinert, KW Advisors. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 19th, 2024 at 8:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.