3 units in Woodland Hills – Perfect for owner-user (Woodland Hills) $1600000 2896ft2

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Oron Mahershow contact info

License# 01299092


Multifamily Property For Sale

5318 Alhama Dr

5318 Alhama Dr, Woodland Hills, CA 91364

Price: $1,600,000
No. Units: 3
Building Size: 2,896 SF
Price/Unit: $533,333.33
Property Type: Multifamily
Property Sub-type: Duplex/Triplex/Fourplex
Property Use Type: Investment
Commission Split: 2%
Cap Rate: 4.19%
Gross Rent Multiplier: 17.60
No. Stories: 2
Year Built: 1940
Lot Size: 10,778 SF
APN / Parcel ID: 2167-023-012
Last Verified: 9/12/2017
Listing ID: 20490249


Highlights

  • Perfect for owner-user or investor
  • Prime Woodland Hills location, just one block from Ventura Blvd
  • Permitted 3rd unit
  • 4-car garage and parking for 10 other cars
  • 2 bldgs on lot – 3/2 front house with attached 1/1 and 2/2 rear unit

Description

Duplex with an unpermitted third unit. The main house has 3 bedrooms and 2 bathrooms. The rear building has two stories — a 2-bed/2-bath unit over a 4-car garage. The third unwarranted unit is attached to the main house but has its own separate entrance and driveway and is a 1-bed/1-bath which does not directly access the main house. The main house was originally built in 1940. The second building was built in 1982. The property was remodeled in 2008, and the third addition was built at that time. A total of 14 parking spaces: 4-car garage and 2 tandem spaces for the 2/2 unit, and 2 tandem spaces for the main house. Additional 6 uncovered parking spaces are on the property. Copper plumbing throughout. Sewage and drain lines are newer. Located just one block from the shopping, restaurants, and businesses of Ventura Blvd. Close to Trader Joe’s (1 block), Whole Foods (3 blocks), Warner Center, Topanga Mall, and the 101 freeway.

Washer & Dryer included in purchase in the 2+2 and 1+1. Washer & Dryer for the 3+2 owner’s unit is excluded. Please include an owner leaseback for 6 months at $3,000 per month in all offers.

Located just one block from the shopping, restaurants, and businesses of Ventura Blvd. Close to Trader Joe’s (1 block), Whole Foods (3 blocks), Warner Center, Topanga Mall, and the 101 freeway.


Oron Mahershow contact info

License# 01299092


The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

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