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The Woodbine Manor | 20 Units West LA 3320 Woodbine St

20 Unit Apartment Building $8,532,000 CAD ($426,600 CAD/Unit) 4.30% Cap Rate Los Angeles, CA 90064

Investment Highlights

  • One Unit Delivered Vacant
  • Desirable Unit Mix of 2+2's & 1+1's
  • All tenants are paying on time and in full. No tenants in arrears.
  • Seismic Retrofit in Compliance
  • Stellar West L.A. Location

Executive Summary

Visit WoodbineManor.com for Offering Memorandum. ** One Unti Delivered Vacant ** The Woodbine Manor, a two-story walk-up apartment complex built in 1954, offers a rare investment opportunity for the discerning buyer. It features Six large 2-bedroom + 2-bathroom units and Fourteen 1-bedroom + 1-bathroom units, totaling 20 highly desirable units. The property comprises two buildings, spanning a combined 15,543 sq. ft. on a three-parcel lot totaling 23,092 sq. ft, with an impressive Walk Score of 80. The Woodbine Manor is near Fox and Sony Studios, Griffin Club, Century City Mall, Cheviot Hills Recreation Center, and Rancho Park Golf Course. Ample public transportation and parking make commuting easy, with short travel times to Palms, Beverly Hills, Century City, Playa Vista, and Marina del Rey. The Woodbine Manor is an exclusive investment opportunity available to purchase for the first time in over 40 years. Sale includes three APNS. 3320 Woodbine (4316-032-004 ) 3328 Woodbine ( 4316-032-009) Parking Lot (4316-032-012) Please contact David Weinberger for showing instructions and more information (David@Swgrp.com or 818.970.0915). The property is to be sold "AS IS" "WHERE IS" condition with all faults known and unknown with absolutely no representations or warranties expressed or implied by Seller to Buyer. Buyer to verify with appropriate entities and satisfy self. Buyer to verify all info, including permits & uses, bed/bath counts, SQFT, and accuracy of all info provided. Showing Remarks: Contact David to schedule a tour. Do not disturb tenants.

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $8,532,000 CAD
Price Per Unit $426,600 CAD
Sale Type Investment
Cap Rate 4.30%
Gross Rent Multiplier 14.2
No. Units 20
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.53 AC
Building Size 15,432 SF
Average Occupancy 100%
No. Stories 2
Year Built 1954
Parking Ratio 1.3/1,000 SF

Unit Amenities

  • Ceiling Fans
  • Crown Molding
  • Kitchen
  • Granite Countertops
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Courtyard
  • Fenced Lot
  • Pool

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 14 $2,140 CAD 700 - 750
2+2 6 $2,835 CAD 1,000 - 1,100
Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4316-032-004
  • 4316-032-009
  • 4316-032-012
Land Assessment
$263,728 CAD (2024)
Improvements Assessment
$485,504 CAD (2024)
Total Assessment
$749,232 CAD (2024)

zoning

Zoning Code R3
R3
  • Listing ID: 33197299

  • Date on Market: 2024-09-16

  • Last Updated:

  • Address: 3320 Woodbine St, Los Angeles, CA 90064

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