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- LoopNet Team
5480 Quakertown Ave
Woodland Hills, CA 91364
Quakertown Apartments · Multifamily Property For Sale · 57 Units
Investment Highlights
- Affluent Woodland Hills Sub-Market
- Prime Location
- Generational Asset - 57 Units
- Approximately 20% in Rental Upside
PROPERTY FACTS
| No. Units | 57 | Building Size | 37,785 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 1.59/1,000 SF |
| Lot Size | 1.08 AC |
| No. Units | 57 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.08 AC |
| Building Size | 37,785 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.59/1,000 SF |
Unit Amenities
- Air Conditioning
- Kitchen
- Range
Site Amenities
- Gated
About 5480 Quakertown Ave , Woodland Hills, CA 91364
Affluent Woodland Hills Sub-Market-The subject property is located south of Ventura Blvd which is surrounded by multi-million dollar homes. Generational Asset - 57 Units - This sub-market presents a high barrier to entry. There are less than 10 apartment buildings within a one-mile radius. Prime Location -This property is located one mile from Pierce College, which has more than 20,000 students enrolled every semester. Dense Retail Population - The subject property is surrounded by many national investment grade retailers as well as Taft Charter High School, with approximately 2,500 enrolled students. Approximately 20% in Rental Upside - There is opportunity to grow the net operating income through an extensive renovation program. Additionally, the property is master -metered for gas which allows for an owner to increase rents by up to 5% annually.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | 650 - 700 |
| 1+1 | 43 | - | 1,000 |
| 2+2 | 9 | - | 1,100 - 1,200 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $9,561,484 | |
| Land Assessment | $5,146,856 | Total Assessment | $14,708,340 |
PROPERTY TAXES
zoning
| Zoning Code | R3-1 |
| R3-1 |
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