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Image 1 - 5868 Woodman Avenue, Los Angeles, CA 91401, USA - Townhouse for sale

Image 2 - 5868 Woodman Avenue, Los Angeles, CA 91401, USA - Townhouse for sale

Image 3 - 5868 Woodman Avenue, Los Angeles, CA 91401, USA - Townhouse for sale

Image 4 - 5868 Woodman Avenue, Los Angeles, CA 91401, USA - Townhouse for sale

Image 5 - 5868 Woodman Avenue, Los Angeles, CA 91401, USA - Townhouse for sale

Image 6 - 5868 Woodman Avenue, Los Angeles, CA 91401, USA - Townhouse for sale

Image 7 - 5868 Woodman Avenue, Los Angeles, CA 91401, USA - Townhouse for sale

Image 8 - 5868 Woodman Avenue, Los Angeles, CA 91401, USA - Townhouse for sale

Home For Sale In Van Nuys, California

5868 Woodman Avenue, Los Angeles, CA 91401, USA

Home For Sale In Van Nuys, California

townhouse for sale

Listed: 03/25/24

5868 Woodman Avenue, Los Angeles, CA 91401, USA

16 Bed:

10 Bath:

9,876 Sq Ft Living Area:

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Price

$ 3,2M

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About This Townhouse

Investment opportunity of a 10-unit building located at5846-5850Woodman Avenue, Valley Glen, CA. Offered at a current 6.52% Cap Rate with 96% upside in rents! Three (3) move in ready units may be deliveredVACANTat the close of escrow. This property consists of two buildings with a mix of (4) 1-Bedroom/1-Bath and (2) 2-Bedroom/1-Bath (2) 3-Bedroom/1-Bath and (2) Townhouse style 2-Bedroom/1 1/2-Bath units with a combined9, 876square feet of rentable space on a combined13, 029square foot lot across two separate APN's. Built in 1952, this complex offers an on-site laundry room along with (4) double-car and (2) single-car enclosed garages for a total of 10 spaces behind the building. Permits paid for and in hand to convert all the garages into Four … Full description

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Los Angeles Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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