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5816 Woodman Ave - Vacant Renovation / Redevelopment Opportunity 3 Unit Apartment Building Offered at $1,016,000 Van Nuys, CA 91401
Investment Highlights
- FULLY VACANT renovation or redevelopment opportunity (delivered vacant at COE)
- The property features three 1-car garages, separate gas and electric meters, individual water heaters, and a common area laundry room
- 6,223 sq.ft. lot (122' x 51') zoned LARD1.5
- currently configured as a 1,917 sqft triplex with three one-bedroom, one-bathroom units
Executive Summary
FULLY VACANT renovation or redevelopment opportunity. 5816 Woodman Avenue is currently configured as a 1,917 sqft triplex with three one-bedroom, one-bathroom units on a 6,223 sq.ft. lot (122' x 51') zoned LARD1.5. The property features three 1-car garages, separate gas and electric meters, individual water heaters, and a common area laundry room. The property will be delivered fully vacant at the close of escrow and is being sold in its current condition. Buyer to independently verify any and all information.
Property Facts
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Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
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5816 Woodman Ave - Vacant Renovation / Redevelopment Opportunity