Exceptional 8-unit multi-family investment opportunity in sought-after Woodland Hills neighborhood, perfectly situated South of Ventura Boulevard! Built in 1992, this pride-of-ownership property boasts a modern, condominium-style layout with individual APN numbers for each unit, offering incredible potential for a future condo conversion project (buyer to verify with city planning). Spanning approx. 7,440 gross RSF on a prime LAR3 corner lot, The interiors are exceptionally bright and spacious, with all 4 upper-level units featuring soaring high ceilings, including 2 units that boast a unique loft design. An incredible value-add asset, five units will be delivered vacant, presenting a rare and seamless transition for immediate market-rate rentals or owner-occupancy with immediate move-in prospects available. Amenities include a secure gated parking garage accommodating 2 tandem parking spaces per unit (16 total spaces) and an automatic security gate. Tenants will enjoy a premier lifestyle with fantastic proximity to excellent shopping, dining, and entertainment at Westfield Topanga, The Village, and the vibrant local dining scene along Ventura Boulevard. Located within the award-winning El Camino Real High School boundaries with quick freeway access. Perfect for portfolio expansion or a 1031 exchange!
| MLS # | 26845805 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1992 |
| Days On Site | 77 |
| Listing Provided By | I&J Properties | Julie Lee |
| Bed(s) | 16 |
|---|---|
| Bath(s) | 16 |
| SQ Feet | 7,440 |
| Story(s) | 3 |
| Units | 8 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.14 |
| Property View | Yes |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Balcony, Cathedral Ceilings, Open Floorplan, Storage |
| Window Features | Bay Windows, Double Pane Windows |
| Appliances | Dishwasher, Disposal, Microwave, Oven |
| Fireplace Yes / No | No |
| Security Features | Carbon Monoxide Detectors, Fire Detection System, Security Gate, Gated Community, Smoke Detectors |
|---|---|
| Construction Materials | Stucco |
| Parking Features | Assigned, Covered, Direct Access, Garage, Garage Door Opener, Community Structure |
|---|---|
| Garage Yes / No | Yes |
| Sewer | Sewer Tap Paid |
|---|
| Community Features | Gated |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Woodland Hills |
| Zip Code | 91364 |
| Area | WHLL Woodland Hills |
| Listing VS Median (in 91364) | |
Price: $3,750,000 low | high Med: $1,235,000 sqft: 7,440 low | high Med: 1,728 $ / sqft: $504 low | high Med: $715 On site: 77 low | high Med: 46.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Woodland Hills |
| Zip Code | 91364 |
| Area | WHLL Woodland Hills |
| Listing VS Median (in 91364) | |
Price: $3,750,000 low | high Med: $1,235,000 sqft: 7,440 low | high Med: 1,728 $ / sqft: $504 low | high Med: $715 On site: 77 low | high Med: 46.5 | |