5725 Woodman Avenue

Van Nuys, CA 91401

$1,995,000
Price
4
Beds
8
Baths
4,480 Sq. Ft.
$445 / Sq. Ft.
4,480
Sq. Ft.
$445
per Sq. Ft.

Description

Amazing Location for this 4-Plex. Long Term Tenants, rent is currently below the potential for the area. Each unit has the same floorplan - They are 2 Bedroom 2 Bath units, each with their own inside laundry. They Feature Hardwood Floors, Granite Counters in Kitchen, and Balcony's. Tenants Pay Utilities - Separate Meters for Electricity, Gas, & Water. Tandem Parking for a total of 8 Off Street Spaces. Built in 2004, this property is low maintenance and in very good condition. This is the ideal long...Amazing Location for this 4-Plex. Long Term Tenants, rent is currently below the potential for the area. Each unit has the same floorplan - They are 2 Bedroom 2 Bath units, each with their own inside laundry. They Feature Hardwood Floors, Granite Counters in Kitchen, and Balcony's. Tenants Pay Utilities - Separate Meters for Electricity, Gas, & Water. Tandem Parking for a total of 8 Off Street Spaces. Built in 2004, this property is low maintenance and in very good condition. This is the ideal long term hold investment for the savvy investor's portfolio.
  1. Listed by Rick Conwell • DRE #01761368 • Brokerage DRE #02039506 • True Fit Real Estate, Inc. • 949-357-6463

Property Details for 5725 Woodman Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4480
Assessor Parcel Number
2246-024-026
Property Attached YN
false

Location

Listing Courtesy of True Fit Real Estate, Inc., Rick Conwell, DRE #01761368
Add your commute
LISTING UPDATED: 01/13/2024 10:09 PM

Property Details for 5725 Woodman Avenue

StatusActive
MLS #OC24007030
Days on Market127
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2004
Lot Size0.13 AC / 5,478 SF
CountyLos Angeles County

Location

Listing Courtesy of True Fit Real Estate, Inc., Rick Conwell, DRE #01761368
Add your commute

Building Information for 5725 Woodman Avenue

Stories2Residences-Year Built2004Building Size-Lot Size0.13 AC / 5,478 SF

Payment Calculator

$12,339 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,888

Property Taxes

$1,451

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5725 Woodman Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $74,596
  • Gross Scheduled Income: $106,800
  • Net Operating Income: $74,596
Expense Details
  • Operating Expense: $32,204
  • New Taxes Expense: $23,324
  • Gardener Expense: $780
  • Insurance Expense: $2,000
  • Maintenance Expense: $2,500
  • Trash Expense: $3,600
  • Total Expenses: $32,204
Tax / Assessment Info
  • Tax Tract Number: 9279
  • Tax Census Tract: 1286.02
  • CFD/Mello-Roos Fee: $527
  • Tax Lot: 8
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Closet, Inside
Exterior Features
  • Entry Location: Ground
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Lawn, Rectangular Lot, Level
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Concrete
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $4,200
  • Unit Type Total Rent: $4,200
  • Unit Type Pro Forma: 5300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $4,700
  • Unit Type Total Rent: $4,700
  • Unit Type Pro Forma: 5600
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 5725 Woodman Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5725 Woodman Avenue

Taxable ValueLand$937,844Additions$468,918Total$1,406,762
Tax Record2023$17,409 ($1,451 / month)
Home Facts
Total Finished SqFt4,480 SqFtAbove Grade Finished SqFt4,480 SqFtLot Size5,427 SqFtStyleQuadraplexYear Built2004ZoningLARD1.5CountyLOS ANGELESAPN2246-024-026

Schools near 5725 Woodman Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Erwin Elementary School
PublicK to 5

Louis D. Armstrong Middle School
Charter6 to 8

Ulysses S. Grant Senior High School
Public9 to 12

High Tech LA Middle
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5725 Woodman Avenue is a multi-family home for sale in Van Nuys, CA 91401. This property was listed for sale on January 11, 2024 by True Fit Real Estate, Inc., it's currently listed at $1,995,000. It has been on the market for a total of 127 days and was last sold on November 29, 2004. This listing's school district is Los Angeles Unified School District. Nearby schools include Erwin Elementary School, Louis D. Armstrong Middle School and Ulysses S. Grant Senior High School. 5725 Woodman Avenue is a 4-bed, 8-bath, 4,480 sqft multi-family home built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of True Fit Real Estate, Inc., Rick Conwell, DRE #01761368

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.