7011 Woodley Avenue

Van Nuys, CA 91406

  • 10 Bed(s)
  • 0 Bath(s)
  • 3,542 Sqft
  • 7003
    Sqft(Lot)
$1,199,000

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. approx 70% of owners expense is that the building has one water meter. a new owner could apply to ladwp for permission to have this split so each unit has its own individual water bill thus greatly reducing the owner's monthly expenses. seller is highly motvated. seller is not doing a 1031 tax exchange so closing can be quick. (the annual rent control rent raise is february.)

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    46945906

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Property Details

  • Bedroom Information

    • Total Bedrooms : 10

    Bathroom Information

    • Total Baths: 6
    • Full Baths: 0
    • Half Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Sewer Tap Paid

    Interior Features

    • Roof : Composition,Shingle
    • Windows: Double Pane Windows
    • Flooring: Carpet,Laminate

    Heating Source

    • Forced Air,Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1954
    • Building Area Total: 3,542
    • Roof: Composition,Shingle

    Pool Features

    • None

    Laundry Features

    • Common Area,Stacked

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1608
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7003

  • Listing Price Information

    • Original List Price: 1,199,000
    • Listing Contract Date: 2024-09-16

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2224010008

  • Garage and Parking

    • Garage Description: Assigned,Concrete,One Space

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: LKBL - Lake Balboa
    • Postal Code Plus 4: 3941
    • Directions: On Woodley Ave between Vanowen and Sherman Way in Lake Balboa, just off Hart Street
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: LKBL - Lake Balboa

    Building and Construction

    • Property Age: 70
    • Property Condition: Additions/Alterations
    • Year Built Source: Assessor
    • Total Square Feet Living: 3542
    • Levels or Stories: Two,Multi/Split
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 18:22

  • MLS: 24439815
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is for sale, it has 3,542 sqft, 7,003 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Van Nuys , in zip code 91406, this Los Angeles County Home , it is in the Midvale Estates Subdivision, are nearby neighborhoods.