22449 Cass Ave

  • per sq. ft. $473.92 $2,935,000
  • $2,935,000
Featured For Sale
22449 Cass Ave Woodland Hills CA 91364
  • Income
  • Property Type
  • 9
  • Bedrooms
  • 9
  • Bathrooms
  • 6,193
  • sq. ft.
  • 2002 / Vendor Enhanced
  • Year Built
Featured For Sale
22449 Cass Ave Woodland Hills CA 91364
  • per sq. ft. $473.92 $2,935,000
  • $2,935,000

Overview

Property ID: HZ59
  • Income
  • Property Type
  • 9
  • Bedrooms
  • 9
  • Bathrooms
  • 6,193
  • sq. ft.
  • 2002 / Vendor Enhanced
  • Year Built

Description

22449 Cass Ave

Type # of Units Bedrooms Baths Furnished Rent Actual Rent Projected Rent
Unit 1 1 3 3.50 Yes $7,500.00 $7,500.00 $7,500.00
Unit 2 1 1 1.00 No $2,000.00 $2,000.00 $2,000.00
Unit 3 1 1 1.00 No $1,800.00 $1,800.00 $1,800.00
Unit 4 1 1 1.00 No $1,800.00 $1,800.00 $1,800.00
Unit 5 1 1 1.00 No $1,800.00 $1,800.00 $1,800.00
Unit 6 1 1 1.00 No $2,500.00 $2,500.00 $2,500.00
Unit 7 1 1 1.00 No $2,250.00 $2,250.00 $2,250.00

Property Description

As your trusted Realtor in Los Angeles, Sharlot Arabshahi is excited to present this exceptional income property, located south of Ventura! This tri-level investment opportunity spans approximately 6,000 square feet and features an impressive seven rental streams, making it an ideal choice for investors looking to diversify their portfolio.

This unique property consists of 9 bedrooms and 9.5 bathrooms, providing ample living space for multiple tenants. The main living area includes 3 spacious bedrooms and 3.5 bathrooms, perfect for families or larger groups. In addition, the property boasts six more living spaces, each with 1 bedroom and 1 bathroom, allowing for a variety of rental options. Most of these units have their own separate entrances, ensuring privacy for tenants, while a few share a common entrance, which can foster a sense of community among residents.

The current setup is designed for maximum rental income, currently generating over $16,000 in monthly income. This impressive cash flow highlights the property’s potential as a lucrative investment. Investors seeking stable returns will appreciate the diverse rental streams and the property’s ability to accommodate various tenant needs.

Parking is another strong feature of this property. It includes a three-car garage and a driveway that can accommodate up to five additional vehicles, ensuring that tenants have plenty of space for their cars. Street parking is also available, further enhancing convenience for residents and guests.

Located in a desirable area, this income property is positioned to attract a steady stream of renters. The neighborhood offers a variety of amenities, including shopping, dining, and entertainment options, making it an attractive place to live. With easy access to major highways and public transportation, residents will have no trouble commuting to work or exploring all that Los Angeles has to offer.

For investors, the combination of location, size, and income potential makes this property a standout opportunity. Whether you’re a seasoned investor looking to expand your portfolio or a newcomer to the real estate market, this property provides a solid foundation for future growth. The diverse rental options allow you to appeal to a wide range of tenants, from young professionals to families.

As your dedicated Realtor in Los Angeles, Sharlot Arabshahi is here to guide you through the investment process. With her extensive knowledge of the local real estate market, Sharlot can help you navigate the complexities of property management and investment strategies. She is committed to ensuring that her clients make informed decisions that align with their financial goals.

Don’t miss out on this fantastic investment opportunity! Whether you’re interested in generating passive income or looking to expand your real estate portfolio, this tri-level property is worth your consideration. The potential for growth and stability in this property is significant, making it a smart choice for any investor.

If you’re ready to take the next step and explore this income property further, contact us today! Let Sharlot Arabshahi assist you in realizing your investment dreams and help you secure this remarkable opportunity in the heart of Los Angeles.

Directions : Located South of Ventura! Fallbrook Ave to Avenue San Luis to Sale Ave to Cass Ave, Woodland Hills, CA 91364

  • Address 22449 Cass Ave Woodland Hills CA
  • City Woodland Hills
  • State/county California
  • Zip/Postal Code 91364
  • Area Cass Ave
  • Country United States

Details

Updated on December 25, 2024 at 5:21 pm
  • Property ID: HZ59
  • Price: per sq. ft. $473.92 $2,935,000
  • Property Size: 6,193 sq. ft.
  • Bedrooms: 9
  • Rooms: 9
  • Bathrooms: 9
  • Year Built: 2002 / Vendor Enhanced
  • Property Type: Income
  • Property Status: For Sale

Additional details

  • View: City Lights, Panoramic, Valley, Trees/Woods
  • Style: Architectural
  • Building: 1
  • Stories: 0
  • Type of Units : SFR
  • Scheduled or Actual: Scheduled
  • GOI: $235,000
  • Total Expense : $16,565
  • NOI : $218,435
  • Gross Income : $235,000
  • GRM: 12.50
  • Zoning: LAR1
  • AC/Cooling : Wall Unit(s), Multi/Zone
  • Heating: Central
  • Laundry: Room
  • Equip/Appl : Dishwasher, Refrigerator, Range/Oven
  • Parking Type : Driveway, Garage - 3 Car, On street
  • Total Parking : 8
  • Uncovered Parking : 5
  • Pool: No
  • Spa: No

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