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$ 3,750,000
Est. payment | /mo
7,440 SqFt
$ 3,750,000
Est. payment | /mo
7,440 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,440 sqft
Price per Sqft $504
MLS Listing ID CL26845805
HOA Y/N No
Year Built 1992
Lot Size 6,196 Sqft
Acres 0.1422
Property Sub-Type Other
Property Description
Exceptional 8-unit multi-family investment opportunity in sought-after Woodland Hills neighborhood, perfectly situated South of Ventura Boulevard! Built in 1992, this pride-of-ownership property boasts a modern, condominium-style layout with individual APN numbers for each unit, offering incredible potential for a future condo conversion project (buyer to verify with city planning). Spanning approx. 7,440 gross RSF on a prime LAR3 corner lot, The interiors are exceptionally bright and spacious, with all 4 upper-level units featuring soaring high ceilings, including 2 units that boast a unique loft design. An incredible value-add asset, five units will be delivered vacant, presenting a rare and seamless transition for immediate market-rate rentals or owner-occupancy with immediate move-in prospects available. Amenities include a secure gated parking garage accommodating 2 tandem parking spaces per unit (16 total spaces) and an automatic security gate. Tenants will enjoy a premier lifestyle with fantastic proximity to excellent shopping, dining, and entertainment at Westfield Topanga, The Village, and the vibrant local dining scene along Ventura Boulevard. Located within the award-winning El Camino Real High School boundaries with quick freeway access. Perfect for portfolio expansion or a 1031 exchange!
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Flooring Laminate
Fireplace No
Laundry Common Area, Laundry Room
Exterior
View Y/N true
View City Lights
Building
Water Public, Other
New Construction No
Others
Tax ID 2040031053
Virtual Tour https://www.zillow.com/view-imx/1ba52a30-763e-41bf-8604-431cd79133e1?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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Listed by Julie Lee • I&J Properties
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