6537 Woodley Ave, Van Nuys, CA, 91406

USD 3,500,000
For Sale

Property Details

Bedrooms

23

Bathrooms

18

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 23 • Bathrooms: 18 • Square Feet: 13354 • Lot/Size: 28,010 sqft lot

Description: JNM Realty proudly presents, on an exclusive basis, 6537-6543 Woodley Ave, a seventeen (17) unit apartment community in Van Nuys that has been well maintained and strategically improved. Two (2) of the units are single family dwellings and the remainder are in two (2) separate buildings. The property offers a stable operational foundation with two (2) vacant units, allowing a buyer to immediately set market rents, select tenants, and implement renovation-driven upside. Recent capital improvements include a newly permitted roof replacement totaling approximately $100,000.The asset is offered at a 10.31x GRM and 5.49% current cap rate, representing the lowest GRM among comparable sales within

Location

Address

6537 Woodley Ave, Van Nuys, CA, 91406

City

Van Nuys

Features and Finishes

Year Built: 1959; [object Object]; [object Object]; [object Object]

Legal Notice

This website uses cookies to ensure you get the best experience. Learn more