6844 WOODMAN AVENUE. An Exclusive Multi-Family Offering 15 Unit Non-Rent Controlled Apartment Building One Unit VLI Unit Built 2017
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1 6844 WOODMAN AVENUE An Exclusive Multi-Family Offering 15 Unit Non-Rent Controlled Apartment Building One Unit VLI Unit Built 2017 Sapphire Investment Properties, Inc Ventura Blvd. #1129, Studio City, CA T
2 PROPERTY PICTURES (EXTERIOR) F OR M OR E I N F OR M AT I ON P L E AS E CON TACT:
3 PROPERTY PICTURES (INTERIOR)
4 PROPERTY PICTURES (INTERIOR)
5 PROPERTY SUMMARY Offered at: Property Address: Assessor s Parcel No: Number of Units: Parking: Year Built: Building Size: Lot Size: $6,995, Woodman Avenue, Van Nuys, CA Units of 1 Bedroom / 1 Bath 5 Units of 2 Bedroom / 2 Bath 4 Units of 3 Bedroom / 2 Bath 24 On-grade parking spaces 22 Bike storage spaces 2017 ± 15,720 Sq. Ft. (per assessor s) ± 11,880 Sq. Ft. (per approved plan)
6 PROPERTY HIGHLIGHTS Brand new construction 2017 Roof deck for tenants to enjoy Balconies on some of the units Modern laminate flooring Quartz countertops in the kitchen and bathrooms Modern tile flooring in the bathrooms Stainless-steel appliances Washer/dryer hook-up in all units Elevator Central heat and air in the units Controlled access entry 24 on-grade parking spaces 22 bike storage spaces The garage has electric car charging station CCTV cameras all around the building, entrance, garage, hallways, lobby
7 PROPERTY MAPS
8 PLAT MAP & ZIMAS
9 RENT ROLL UNIT # UNIT MIX UNIT SIZE ACTUAL RENT STATUS 201 2/2 801 SF $2,195 Rented 202 2/2 797 SF $2,100 Rented 203 1/1 646 SF $1,750 Rented 204 2/2 857 SF $2,195 Rented 205 1/1 670 SF $607 Rented 206 1/1 671 SF $1,795 Rented 207 3/2 1,026 SF $2,600 Rented 208 2/2 830 SF $2,050 Rented 301 3/2 1,062 SF $2,750 Rented 302 3/2 994 SF $2,750 Rented 303 1/1 670 SF $1,750 Rented 304 1/1 671 SF $1,650 Rented 305 3/2 1,026 SF $2,795 Rented 306 1/1 671 SF $1,750 Rented 308 2/2 830 SF $2,100 Rented 12,222 SF $30,937 (Actual)
10 FINANCIAL ANALYSIS
11 AREA RENT SURVEY
12 RENT SURVEY MAP Sherman Circle, Van Nuys CA Woodman Ave., Van Nuys CA Victory Blvd., Van Nuys CA Victory Blvd., Van Nuys CA Woodman Ave., Van Nuys CA Sherman Way, Van Nuys CA Sherman Way, Van Nuys CA Hazeltine Ave., Van Nuys CA Woodman Ave., Van Nuys CA W Spruce Lane, Van Nuys CA Woodman Ave., Van Nuys CA 91405
13 COMPARABLE SALES
14 COMPARABLE SALES MAP Huston St., North Hollywood CA Independence Ave., Canoga Park CA Victory Blvd., Van Nuys CA Huston St., North Hollywood CA Whitsett Avenue, Valley Village Sylvan Street, Van Nuys CA Balboa Blvd., Lake Balboa CA Woodman Ave., Van Nuys CA 91405
15 COMPARATIVE MARKET ANALYSIS
16 COMPARATIVE MARKET ANALYSIS
17 DEMOGRAPHICS OVERVIEW Van Nuys is a neighborhood in the central San Fernando region of the City of Los Angeles in California. It is home to Van Nuys Airport and the Valley Municipal Building, and is the only neighborhood in San Fernando Valley with a population exceeding 100,000 residents. GEOGRAPHY It is bordered on the north by North Hills, on the northeast by Panorama City, on the east by Valley Glen, on the south by Sherman Oaks, on the southwest by the Sepulveda Basin, on the west by Balboa Lake, and on the northwest by Northridge. Its street and other boundaries are Roscoe Boulevard on the north, Sepulveda Boulevard, the Tujunga Wash, Woodman Avenue and Hazeltine Ave on the east, Oxnard Street on the south, the Sepulveda Basin on the southwest, and Odessa and Hayvenhurst Avenues and Balboa Boulevard on the west.
18 DEMOGRAPHICS OVERVIEW Source: point2homes
19 DEMOGRAPHICS OVERVIEW Source: point2homes
20
21 L I AT R A B I N Broker Owner CalBRE# O
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