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Open House Sun, Aug 18th 11:00 AM - 01:00 PM - Just Listed
Address
5901 Woodman Avenue Valley Glen, CA
Price
$ 950,000
Property Attributes
  • MLS#SB19194086
  • TypeIncome
  • CountyLOS ANGELES
  • CityValley Glen
  • AreaValley Glen
  • Zip91401
  • Style
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2060
  • Lot Size5,933 SqFt
Listing Provided Courtesy Of:
Cameron Samimi with Lyon Stahl Investment Real Estate, Inc..
Property Description

Beautifully renovated and very rare one-story triplex located in the highly coveted neighborhood of Valley Glen. This is a great rental property located just a few blocks from the local college and currently performs at a 4.3% cap rate (the best in the neighborhood). The property is located on a well sought after corner-lot with a large footprint of almost 6,000 Sq.Ft of space. Property is comprised of (2) 1bed/1-bath and (1) 2-bed/1-bath units. Upgrades include clean interior granite counter finishes, hardwood flooring, copper plumbing, and the property is separately metered for gas and electric so each tenant pays their own utility bills other than water. Each unit has own remote controlled garage doors and a second tandem parking space. The courtyard in back and the front yard have lush greenery enclosing the property with extra privacy. Not only does this property offer a 4.3% cap rate on current income but a new owner can easily raise the rents to market and obtain a 5.12% cap rate.

Price History
8/14/2019 Listed $950,000

General Features

Attached Structure Attached
Community Features Curbs, Sidewalks, Street Lights
Directions N on Woodman Ave from the 101. Corner of Woodman and Califa.
Listagentaor South Bay
Listing Agent Cameron Samimi - BRE#02035763
Listing Agent State License 02035763
MLS Area VG - Valley Glen
Price Per Square Foot 461.17
Property Attached Y/N Yes
Source System CRMLS
Total Units 3
Zoning LARD1.5

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 1 Common Wall, No One Above
Laundry Features None
Studio Area Unit Type Square Feet

Exterior Features

Special Listing Conditions Standard
Building Area Total 2060.00
Garage Spaces 3.00
Lot Features 0-1 Unit/Acre, Corner Lot, Yard
Lot Size Acres 0.1362
Lot Size Area 5933.0000
Lot Size Source Assessor
Lot Size Square Feet 5933.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 3
Number of Separate Gas Meters 3
Number of Separate Water Meters 1
Pool Features None
Sewer Public Sewer
Total Parking 3.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91401

Price
AVG $1.85M
$950K
Visits
AVG 12
2
Year Built
AVG 1976
1948
Walkscore
AVG 75
75
Data Provided by Walkscore ® not using MLS data

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