Investment Overview

We are pleased to present 7507 Woodman Ave, Van Nuys, where opportunity meets potential in this 34-unit apartment building. Built in 1986, this property is not subject to LA City Rent Control (Only Subject to CA State Rent Control AB 1482). Situated amidst a bustling neighborhood, this property offers a unique investment prospect for savvy buyers looking to capitalize on untapped potential. With a strategic renovation and management plan, there is ample opportunity to enhance both the aesthetic appeal and functionality of each unit, thereby increasing rental income and overall property value. The dense location offers convenient access to major transportation arteries and essential amenities, ensuring residents have easy connections to employment centers, shopping, and dining options. The building itself features a mix of unit sizes, including 22 two bedroom, 6 one bed room, and 6 studio apartments accommodating a range of tenant needs. Amenities such as gated parking and on-site laundry facilities are in place, providing a foundation upon which to build additional value for residents.