5846 Woodman Avenue, Van Nuys, CA 91401

Local realty services provided by:ERA Carlile Realty Group
#1#2#3
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

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1952
  • Listing Id #:25542003
  • Added:774 day(s) ago
  • Updated:August 18, 2025 at 10:35 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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). ERA Carlile Realty Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA Carlile Realty Group, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 5846 Woodman Avenue