Excellent and rare investment opportunity in Woodland Hills. This home offers approx. 2,600 sf of living space. 2228 sqft + a detached bonus room/guest quarters/studio/office with bath on a sprawling 18,000+ sf lot. Create instant cashflow with this property currently under with solid tenants. (Rehab facility - Currently paying $11k per month on a Triple Net Lease -close to 8% Cap rate! 4 year lease with a 5 year extension) The large circular driveway & covered parking provides ample room for cars, including RV parking. Double door entry opens to a step-down living room with corner fireplace and open dining room with built-in wet bar. The spacious updated kitchen boasts stylish stone countertops and backsplash, stainless steel appliances, including Viking stove and range hood, center island with bar seating, plus a built-in corner breakfast nook. A large master suite includes the home’s second fireplace, plenty of closet space & sizeable en-suite bath with double sinks and glass enclosed shower. An expansive backyard features inground pool & spa, covered patio, and outdoor kitchen all surrounded by a stone accented patio. Beyond the pool is a park-like setting with lush green lawn, mature palm trees, & pathway leading to a quaint gazebo plus sport court/basketball court. The property also includes 3 moveable bungalows and 2 car garage which is currently being used as office space. The property also includes solar panels for energy savings. Adjacent to Warner Center, The Village, minutes to the beach and PCH.. Easy freeway access!
Courtesy of Keller Williams Encino-Sherman Oaks, Stephanie Vitacco - Agent DRE# 00985615
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.