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6000 Woodman Ave
Van Nuys, CA 91401
The Woodman Center | Los Angeles MSA · Retail Property For Sale
Investment Highlights
- Gross Rental Income of $319,950. NOI of $251,339. Woodman Center is a fully occupied commercial center with five tenants on staggered leases.
- Property rests on the high-visibility signalized corner of Oxnard and Woodman, with traffic counts of +/- 25,000 vehicles per day.
- Stabilized investment retail shopping center presents a unique opportunity in the heart of the San Fernando Valley.
- E-commerce-resistant tenancy includes a cigar shop and patio lounge, a comedy class, a roofing contractor, a catering kitchen and a medical office.
- Enjoys a prime location in the rapidly gentrifying North Hollywood submarket of Los Angeles, and is surrounded by new developments.
- Had a recent cap ex injection of over $200,000, and has been well maintained by current ownership.
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,973 SF
Building Class
C
Year Built/Renovated
1954/2017
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.73
Lot Size
0.25 AC
Zoning
[Q]C1.5-1VL
Parking
25 Spaces (3.67 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Fenced Lot
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Balcony
Property Taxes
| Parcel Number | 2330-028-017 | Improvements Assessment | $669,309 |
| Land Assessment | $1,896,380 | Total Assessment | $2,565,689 |
Property Taxes
Parcel Number
2330-028-017
Land Assessment
$1,896,380
Improvements Assessment
$669,309
Total Assessment
$2,565,689
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