22757 Del Valle St Woodland Hills, CA 91364
Active
$1,300,000
3 Units
3 Beds
3 Baths
2,178 Area(sq.ft.)
6,500 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 2 | 1 | 1 | No | $ 1,650 | $ 3,300 | $ 1,850 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,315 | $ 2,315 | $ 2,500 |
| 2 | 3 | 4 | 3 | $ 5,615 | $ 8,915 | $ 6,200 |
| MLS #: | 24-410307 |
| Days On Market: | 89 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 597 |
| Price per unit: | $ 433,333 |
| Year Built: | 1955 |
Property Details
We are pleased to present 22575 Del Valle Street, a prime fully occupied multifamily property with excellent future development potential in Woodland Hills. This property offers the potential to construct 8 units by right, up to 17 units utilizing the state density bonus, or up to 43 units with ED1. Located in the highly desirable "South of the Boulevard" area, it boasts excellent visibility from Ventura Boulevard, a renowned thoroughfare in Woodland Hills, CA. Spanning approximately 260 square miles, the San Fernando Valley is the largest geographic region within the City of Los Angeles. With a population of around 1.8 million residents, it ranks among the most densely populated areas in the United States. If considered as a standalone city, the San Fernando Valley would be the seventh largest in the nation. The area is experiencing significant development, including new hotels, residential buildings, and expansions like Westfield Promenade, Westfield's "The Village", and Westfield Topanga, with additional projects in various planning stages.Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 67,759 |
| Total Annual Expense: | $ 36,730 |
| Net Operating Income: | $ 31,028 |
| Gross Annual Income: | $ 2,400 |
| Gross Rent Multiplier: | 19.29 |
| Actual Gross Rent: | $ 67,380 |
| Actual Rent Total: | $ 67,380 |
Structure
| Type of Units: | 1 |
| Buildings: | 1 |
| Levels: | One |
Land & Parking
| Zoning: | LAR3 |
| Parking Garage: | Assigned |
Interior
| AC/Cooling: | Window Unit(s) |
| Equipment: | None |
| Heating: | None |
Exterior
Detailed Map
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