5237 Topanga Canyon BLVD, Woodland Hills, CA 91364

Woodland Hills, CA 91364,5237 Topanga Canyon BLVD

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Ricardo Gil Jr

rgiljr@gilsre.com +1(209) 226-9649

$2,395,000

Est. payment - /mo

7 Beds

6 Baths

3,505 SqFt

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UPDATED:

11/09/2024 02:40 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,505 sqft

Price per Sqft $683

MLS Listing ID SR24230787

Bedrooms 7

Full Baths 4

Half Baths 2

HOA Y/N No

Year Built 1963

Lot Size 8,807 Sqft

Property Description

Rare south of the boulevard fully occupied 3 unit rental property with huge upside and growth potential. Discover this exceptional investment opportunity in the highly sought-after area of Woodland Hills, located south of Ventura Blvd. This beautifully updated property features a unique combination of a duplex with an additional ADU and a spacious 3 car garage. Unit A) situated on the first floor, boasts 3 bedrooms and 2.5 bathrooms spread across approximately 1,638 square feet with spacious front and back yard space. Unit B) located above the garage, offers 3 bedrooms and 1.5 bathrooms with approximately 1,075 square feet of living space. Unit C) a spacious ADU on the first floor, includes 1 bedroom and 1 bathroom within approximately 792 square feet and has its own private entrance, yard and garden. Each unit has been tastefully remodeled with high-quality materials, featuring amenities such as individual washer/dryer units, built-in BBQ in the back patio area, and efficient tankless water heaters. Conveniently located within walking distance to Warner Center Park and "The Village" in Woodland Hills, residents will enjoy easy access to local amenities including Starbucks, dining options, and entertainment venues along Ventura Blvd. The property is situated within a mile of the booming Warner Center district which houses the Village and the Westfield Topanga Mall which encompass almost 400 shops, restaurants, and personal service businesses. Future plans for the area include a new Los Angeles Rams practice facility, a massive $1.5 billion dollar development of a mixed use Promenade, and a massive redevelopment of Warner Park into a commercial center. The property also offers quick access to the 101 Freeway, making commuting a breeze. Nature enthusiasts will appreciate being only a 15-minute drive from hiking trails, with stunning beaches just 20 minutes away. Ideal for generating rental income or accommodating multi-generational living, this property presents a rare opportunity in one of Woodland Hills' most desirable neighborhoods. Schedule your viewing today and seize the chance to own this versatile investment property.

Location

State CA

County Los Angeles

Area Whll - Woodland Hills

Zoning LAR2

Rooms

Main Level Bedrooms 4

Interior

Heating Central

Cooling Central Air

Fireplaces Type Family Room

Fireplace Yes

Laundry Inside

Exterior

Garage Door-Multi, Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N No

View None

Attached Garage Yes

Total Parking Spaces 3

Private Pool No

Building

Lot Description Corner Lot, Level

Dwelling Type Triplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2169015032

Acceptable Financing 1031 Exchange, Submit

Listing Terms 1031 Exchange, Submit

Special Listing Condition Standard

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Listed by Bobby Karami • Rodeo Realty • 818-581-6608

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Ricardo Gil Jr

+1(209) 226-9649

Broker | CA DRE#01800755

Broker CA DRE#01800755