Thank you
Adam Zunder
Iconic Investments
747-444-3300
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.
Sell a home like this and save $485,501 Find Out How
Total Bedrooms : 38
Total Baths: 42
Full Baths: 0
Half Baths: 0
Property Appliances: Disposal
Wall Furnace
Has Heating
Year Built: 1964
Building Area Total: 22,211
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.4316
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 18799
Original List Price: 8,100,000
Listing Contract Date: 2024-02-23
Listing Agreement: Exclusive Right To Sell
Parcel Number: 2328010001
Garage Description: Carport
Lease Term: Negotiable
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
Property Age: 60
Year Built Source: Vendor Enhanced
Total Square Feet Living: 22211
Levels or Stories: Multi/Split
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 |
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
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.