5846 Woodman Ave
Van Nuys, CA 91401

16 Beds
10 Baths
9,876 Sq Ft
62 Days on Market

For Sale $3,199,999
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Courtesy of ARLO Real Estate Advisors

Listing Agent & Comments

Rohom TabankiaARLO Real Estate Advisors
424-243-6443rt@arloadvisors.com License #01940808
Investment opportunity of a 10-unit building located at 5846-5850 Woodman 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 delivered VACANT at 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 combined 9,876 square feet of rentable space on a combined 13,029 square 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 new 2bd 1ba ADU units which will be provided to the buyer. The current cap rate is 6.52% with a Pro-forma cap rate of 14.80%. In addition, all units are separately metered for gas and electricity and are equipped with either wall-unit A/C and Heat, Central A/C (two townhouse-style units) or mini split systems. E-Mail LA1 for set up sheet and showings.

Listing Broker Offer of Compensation is 2.5%.*
MLS# 24369987 • Data provided by CRMLS
*This offer of compensation is only eligible for participants of the MLS where the listing was filed.
Additional home details
Living Area9,876 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms16
Bathrooms10
Stories2
Year Built1952
Property TypeMulti Family
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$17,507
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$3,124,918
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
Missing property details data
This property is missing data for:
Comparable properties and sale history
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HouseCanary, Inc. Brokerage

5846 Woodman Ave., Van Nuys, CA 91401

Multi Family
16 Beds
10 Baths
9,876 Sq Ft
62 Days on Market

Listing Agent & Comments

Rohom TabankiaARLO Real Estate Advisors
424-243-6443rt@arloadvisors.com License #01940808
Investment opportunity of a 10-unit building located at 5846-5850 Woodman 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 delivered VACANT at 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 combined 9,876 square feet of rentable space on a combined 13,029 square 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 new 2bd 1ba ADU units which will be provided to the buyer. The current cap rate is 6.52% with a Pro-forma cap rate of 14.80%. In addition, all units are separately metered for gas and electricity and are equipped with either wall-unit A/C and Heat, Central A/C (two townhouse-style units) or mini split systems. E-Mail LA1 for set up sheet and showings.

Listing Broker Offer of Compensation is 2.5%.*
MLS# 24369987 • Data provided by CRMLS
*This offer of compensation is only eligible for participants of the MLS where the listing was filed.
Additional home details
Living Area9,876 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms16
Bathrooms10
Stories2
Year Built1952
Property TypeMulti Family
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$17,507
Property in Flood Zone--
We’ll connect you with top agents in your area.
Missing property details data
This property is missing data for:
Comparable properties and sale history
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $3,199,999
Request tour
Save
Courtesy of ARLO Real Estate Advisors
5846 Woodman Ave
Van Nuys, CA 91401

16 Beds
10 Baths
9,876 Sq Ft
62 Days on Market

Listing Agent & Comments

Rohom TabankiaARLO Real Estate Advisors
424-243-6443rt@arloadvisors.com License #01940808
Investment opportunity of a 10-unit building located at 5846-5850 Woodman 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 delivered VACANT at 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 combined 9,876 square feet of rentable space on a combined 13,029 square 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 new 2bd 1ba ADU units which will be provided to the buyer. The current cap rate is 6.52% with a Pro-forma cap rate of 14.80%. In addition, all units are separately metered for gas and electricity and are equipped with either wall-unit A/C and Heat, Central A/C (two townhouse-style units) or mini split systems. E-Mail LA1 for set up sheet and showings.

Listing Broker Offer of Compensation is 2.5%.*
MLS# 24369987 • Data provided by CRMLS
*This offer of compensation is only eligible for participants of the MLS where the listing was filed.
Additional home details
Living Area9,876 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms16
Bathrooms10
Stories2
Year Built1952
Property TypeMulti Family
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$17,507
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$3,124,918
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
Missing property details data
This property is missing data for:
Comparable properties and sale history
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $3,199,999
Request tour
Save
Courtesy of ARLO Real Estate Advisors