5846 Woodman Avenue, Van Nuys, CA 91401

Local realty services provided by:ERA North Orange County Real Estate
5846 Woodman Avenue,Van Nuys, CA 91401
$3,095,000
  • 19 Beds
  • 10 Baths
  • 9,876 sq. ft.
  • Multi-family
  • Active
Listed by:rohom tabankia
Office:arlo real estate advisors
MLS#:25542003
Source:CRMLS

Price summary

  • Price:$3,095,000
  • Price per sq. ft.:$313.39

About this home

Investment opportunity of a 10-unit building located at 5846-5850 Woodman Avenue, Valley Glen, CA. Offered at a current 6.64% Cap Rate/10.19 GRM with 77% upside in rents! ONE (1) 3bd-1.5ba move in ready units may be delivered VACANT at the close of escrow. This property consists of two buildings with a mix of (4) 1-Bedroom/1-Bath and (2) 2-Bedroom/1-Bath (2) 3-Bedroom/1-Bath (1) Townhouse style 3-Bedroom/1 1/2-Bath and (1) Townhouse style 2-Bedroom/1 1/2-Bath units with a combined 9,876 square feet of rentable space on a combined 13,029 square foot lot across two separate APN's. Built in 1952, this complex offers an on-site laundry room along with (4) double-car and (2) single-car enclosed garages for a total of 10 spaces behind the building. Permits paid for and in hand to convert all the garages into Four new 2bd 1ba ADU units which will be provided to the buyer. The current cap rate is 6.64% with a Pro-forma cap rate of 12.7%/6.34 GRM. Pro-forma figures take into consideration

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Home facts

  • Year built:1952
  • Listing ID #:25542003
  • Added:820 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:19
  • Total bathrooms:10
  • Living area:9,876 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Natural Gas

Structure and exterior

  • Year built:1952
  • Building area:9,876 sq. ft.
  • Lot area:0.3 Acres

Finances and disclosures

  • Price:$3,095,000
  • Price per sq. ft.:$313.39
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