Seller's Agent in 2017
Anie Mayelian
Keller Williams Realty Calabasas
(818) 915-9118
6 in this area
28 Total Sales
6830 Woodley Ave van Nuys, CA 91406
3
Beds
3
Baths
12,852
Sq Ft
16,117
Sq Ft Lot
Highlights
- 16,058 Sq Ft lot
- Laundry Room
- Carpet
- Cooling System Mounted To A Wall/Window
- Paved or Partially Paved Lot
- Heating Available
About This Home
As of May 2017Mayelian Group is proud to present 6830 Woodley Ave. in Van Nuys, a 19 unit building aggressively priced at 12.92 GRM based on actual income and $150,000 price per unit at 5.2% CAP. The subject consists of (5) 2 bedroom/ 1 bathroom, (12) 1 bedroom/ 1 bathroom, and (2) singles/ 1 bathroom. The Woodley Avenue apartments offer investors assumable financing with low interest rate. Terms of the assumable loan are current balance of approximately $1,240,000 with rate of 3.75% fixed until November 2022. The property offers investors upside in rents with rents being approximately 17-20% below current market. Subject is an all-electric building with electric cook tops and electric individual water heaters in each unit. The building features copper plumbing and gated security entrance. The property is 12,852 square foot, built in 1961 and set on a 16,058 sq. ft. (per assessor) lot. Woodley Avenue Apartments is desirably located along Woodley between Haskell Avenue to the east and Hayvenhurst Avenue to the west, south of Sherman Way and north of Vanowen Street. The property is located approximately 1 mile from the Van Nuys Airport and the 405 freeway, less than a 10 minute walk to the Van Nuys Golf Course, less than 2 mile drive to the Sepulveda Basin Sport Complex. Offering Memorandum and Rent Roll is attached under supplements.
Last Agent to Sell the Property
Keller Williams Realty Calabasas License #00778825 Listed on: 04/11/2017
Last Buyer's Agent
Keller Williams Realty Calabasas License #00778825 Listed on: 04/11/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $35,625
Year Built
- Built in 1961
Lot Details
- 16,058 Sq Ft Lot
- No Common Walls
- Paved or Partially Paved Lot
Home Design
- 12,852 Sq Ft Home
- Composition Roof
- Copper Plumbing
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 11 Open Parking Spaces
- 23 Parking Spaces
- 12 Carport Spaces
- Parking Available
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tax Lot 55
- Tax Tract Number 6629
- Assessor Parcel Number 2224028047
Community Details
Building Details
- 19 Leased Units
- Rent Control
- 13 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $1,680
- Insurance Expense $5,254
- Other Expense $6,840
- Trash Expense $2,264
- Water Sewer Expense $11,880
- New Taxes Expense $35,625
- Operating Expense $65,366
- Gross Income $220,536
- Net Operating Income $148,554
Additional Features
- 19 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2017 05/19/17 | Sold | $2,790,000 | -2.1% | $217 / Sq Ft |
| 04/12/2017 04/12/17 | Pending | -- | -- | -- |
| 04/11/2017 04/11/17 | For Sale | $2,850,000 | -- | $222 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $40,379 | $3,238,029 | $974,889 | $2,263,140 |
| 2024 | $40,379 | $3,174,539 | $955,774 | $2,218,765 |
| 2023 | $39,623 | $3,112,294 | $937,034 | $2,175,260 |
| 2022 | $37,839 | $3,051,269 | $918,661 | $2,132,608 |
| 2021 | $37,334 | $2,991,442 | $900,649 | $2,090,793 |
| 2019 | $36,252 | $2,902,716 | $873,936 | $2,028,780 |
| 2018 | $35,959 | $2,845,800 | $856,800 | $1,989,000 |
| 2016 | $24,443 | $1,909,870 | $557,045 | $1,352,825 |
| 2015 | $24,105 | $1,881,183 | $548,678 | $1,332,505 |
| 2014 | $24,298 | $1,844,335 | $537,931 | $1,306,404 |
Source: Public Records
Agents Affiliated with this Home
-
Anie Mayelian
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR17073184
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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