22757 Del Valle StLos Angeles, CA 91364

Property Details for 22757 Del Valle St

Year built

1955

Lot size

0.15 AC

Property size (Sq ft)

2,200 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional Woodland Hills investment opportunity presents a 3-unit apartment building situated on a 0.15-acre lot (APN 2040-031-023). The property, located at 22757 Del Valle St, Los Angeles, CA 91364, boasts 2,200 square feet of net rentable space and is currently priced at $1,275,000, representing a price per square foot of $579.55 and a price per unit of $425,000. Built in 1955, this single-story building offers significant redevelopment potential under the LAR3-1 permitted zoning. The property generates a current NOI of $31,028, resulting in a 2.43% cap rate. This prime location in the desirable "South of the Boulevard" area of Woodland Hills offers excellent visibility from Ventura Boulevard. The property's strong potential for future development, coupled with its current income stream, makes it an attractive investment opportunity in a rapidly growing area of Los Angeles. Buyer to verify building square footage and lot sizes.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.1654

Longitude

-118.622

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].