6000 Woodman AveLos Angeles, CA 91401

Property Details for 6000 Woodman Ave

Year built

1954

Property size (Sq ft)

7,973 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use property, located at 6000 Woodman Avenue in Los Angeles, CA 91401, offers a compelling investment opportunity. The 7,973 square foot building sits on a 10,827 square foot lot and boasts a diverse tenant mix including a medical clinic, comedy club, catering business, smoke lounge, and professional office. Built in 1954 and meticulously maintained, the property features recent capital and tenant improvements. Currently 100% occupied, it provides a stable income stream with a 6.55% cap rate and a pro-forma cap rate of 7.84%. The property benefits from a prime location at the signalized intersection of Woodman Avenue and Oxnard Street, experiencing approximately 22,000 vehicles daily. This high-traffic area, combined with its proximity to the Metro Orange Line busway and major freeways (101, 405, and 170), ensures excellent visibility and accessibility. The land value is $333 per square foot. The asking price is $3,600,000, with a price per square foot of $452. The property includes 25 parking spaces (leased from Metro, not included in sale), a ratio of 3.14 spaces per 1,000 square feet. Zoned LAC1.5, this asset presents significant upside potential in a thriving Van Nuys market. The property's strategic location, stable tenant base, and strong market fundamentals make it an ideal acquisition for investors seeking robust income and future appreciation.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.1796

Longitude

-118.431

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].