• 6958 Woodman Avenue Van Nuys, CA 91405

  • $8,100,000
  • 38
    Bed(s)
  • 0
    Baths
  • 22,211
    Sq Ft
  • 18799
    Sqft
  • Listed By: Adam Zunder, Iconic Investments, DRE #01821053
  • Source: CRMLS

The Ivy at Woodman Apartments, located in the Valley Glen neighborhood of the San Fernando Valley, is a 23-unit multi-family building built in 1964. And beautifully renovated in 2022. This property is located at 6958 Woodman Ave. and is comprised of two studio, three one-bedroom/one-bath, one one-bedroom/one and a half-bath, twelve two-bedroom/one and a half-bath, four two-bedroom/two-bath, and one three-bedroom/two-bath units across +/- 22,211 gross square feet of improvements on +/- 18,795 square feet of land. Utilities are separately metered for electricity and gas. The property also features 23 covered parking space. This stunning turn-key opportunity has been remodeled with high end finishes and has a modern and luxurious feel. Unique to this building is that 14 of the units are townhouses, offering tenants more space and privacy. This continues to add to its long list of desirable features. Neighboring multi-family projects add value to the surrounding buildings, and position the property to capture top of market rents and higher income tenant base. The charming Mid-Century design, resort-style feel, and location are already major draws for The Ivy at Woodman Apartments. Additional drivers leading to the high rents being achieved include the elevated level of renovation and use of designer touches. The renovated units feature new hardwood floors, kitchen cabinets, counter tops, stainless-steel appliances, designer tiles, fixtures, and lighting. The bathrooms have been updated with modern vanities, tiles, and hardware. Tranquil courtyard areas and pool continue to add to the allure of this asset. Located on the southeast corner of Woodman Ave. and Hart St. West of the 170 freeway, south of Sherman Way, east of Hazeltine Ave., and north of Vanowen St. This prime location offers easy access to the freeway and proximity to many of the Valley's amenities make this highly desirable to many tenants. Please get in touch with the listing agents for a full marketing package.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 38

Bathroom Information

Total Baths: 42

Full Baths: 0

Half Baths: 0

Interior Features

Property Appliances: Disposal

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1964

Building Area Total: 22,211

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.4316

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 18799

Listing Price Information

Original List Price: 8,100,000

Listing Contract Date: 2024-02-23

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 2328010001

Garage and Parking

Garage Description: Carport

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: VG - Valley Glen

Postal Code Plus 4: 4276

Directions: Excellent Valley Glen location. Just south of Vanowen

Zoning: LAR3

Source Property Type: Residential Income

Area: VG - Valley Glen

Building and Construction

Property Age: 60

Year Built Source: Vendor Enhanced

Total Square Feet Living: 22211

Levels or Stories: Multi/Split

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
14921 Sherman Way, Van Nuys, CA,91405 $6,500,000 50 -- 26,760 29604 Sqft
15015 Sherman Way #103, Van Nuys, CA,91405 $469,999 2 3 1,128 15574 Sqft
14435 Valerio Street #10, Van Nuys, CA,91405 $600,000 3 2 1,636 26967 Sqft
14525 Vose Street, Van Nuys, CA,91405 $1,795,000 6 -- 4,043 6755 Sqft
13926 Sherman Way, Van Nuys, CA,91405 $1,279,000 6 4 2,767 6764 Sqft
7013 Cantaloupe Avenue, Van Nuys, CA,91405 $999,999 3 2 1,768 6302 Sqft
6742 Sylmar Avenue, Van Nuys, CA,91405 $1,399,999 6 4 2,384 7503 Sqft
7112 Murietta Avenue, Van Nuys, CA,91405 $1,199,999 5 3 2,669 7690 Sqft
13903 Sherman Way #14, Van Nuys, CA,91405 $449,900 2 1 913 11362 Sqft
7301 Lennox Avenue #B8, Van Nuys, CA,91405 $420,000 2 2 1,062 166072 Sqft

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ByOwner last updated this listing 05/16/2024 @ 16:36

MLS: 24361515
LISTED BY: Adam Zunder, Iconic Investments
SOURCE: CRMLS
Buyer Agency Compensation: 1%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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