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Mike And Mary Jafarkhani

[email protected] +1(949) 533-5040

$ 1,295,000

Est. payment -/mo

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7011 Woodley AVE Van Nuys, CA 91406

10 Beds

6 Baths

3,542 SqFt

UPDATED:

10/17/2024 08:18 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,542 sqft

Price per Sqft $365

MLS Listing ID 24439815

Bedrooms 10

Construction Status Additions/Alterations

HOA Y/N No

Year Built 1954

Lot Size 7,004 Sqft

Acres 0.1608

Property Description

Well maintained 6-unit building in Lake Balboa, one of the most sought after 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 from the new Vallarta super market/ tortilleria/ bakery. Seller is highly motvated. Seller is not doing a 1031 tax exchange so closing can be quick.

Location

State CA

County Los Angeles

Area Lkbl - Lake Balboa

Zoning LAR3

Rooms

Ensuite Laundry Common Area, Stacked

Interior

Laundry Location Common Area,Stacked

Heating Forced Air, Wall Furnace

Flooring Carpet, Laminate

Inclusions All gas ranges in kitchens are owners

Fireplace No

Laundry Common Area, Stacked

Exterior

Garage Assigned, Concrete, One Space

Pool None

View Y/N No

View None

Roof Type Composition,Shingle

Parking Type Assigned, Concrete, One Space

Total Parking Spaces 6

Private Pool No

Building

Faces South

Story 2

Entry Level Two,Multi/Split

Sewer Sewer Tap Paid

Water Public

Level or Stories Two, Multi/Split

New Construction No

Construction Status Additions/Alterations

Others

Senior Community No

Tax ID 2224010008

Financing Cash

Special Listing Condition Standard

Listed by Robert Glinert • KW Advisors

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

Mike And Mary Jafarkhani

7011 Woodley AVE Van Nuys, CA 91406

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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7011 Woodley AVE