tomo logo

$2,899,000

Beds
9
Baths
10.0
sq ft
6,193

22449 Cass Ave, Woodland Hills, CA 91364

22449 Cass Ave

Woodland Hills, CA 91364

  • 33 days on market
Located just south of Ventura Blvd and nestled among lush trees with breathtaking mountain views, this architecturally unique property offers a rare opportunity to own a lucrative income property comprising 7 units: a main 3-bedroom, 3.5-bathroom home, and 6 additional units with separate entrances. The main house, projected to rent for $7,500/month, features a modular contemporary design with a staircase spanning all levels. The living room, with a fireplace and wet bar, opens to terraces with stunning mountain views. The custom kitchen, equipped with stainless steel appliances and granite countertops, adjoins a formal dining room. The primary suite includes a fireplace, spa-like bathroom, and walk-in closet. The second level offers a playroom and two guest bedrooms, each with full bathrooms and private balconies. The additional 6 units, each renting between $1,800 and $2,500 per month, feature separate entrances and kitchenettes. The property includes an attached garage for 3 vehicles, driveway space for 5 additional vehicles, and ample street parking. Currently generating over $16,000/month in income, 22449 Cass Avenue is a prime investment opportunity in a highly sought-after location, close to shops, restaurants, and less than 30 minutes from the city.

Details

Property type

Single Family Residence

Est. home value

$2,903,246

Lot size

0.3196 acres

Price per sq ft

$469

Year built

2002

HOA

No

Price History

05/29/2024
CLAW

CLAW #24397083

Listed
$2,899,000

Schools & Community

Neighborhood: 

Woodland Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

B S F Property Management Llc

Loan start date

September 2022

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

5.51%

Loan type

Commercial

Seller

Marc A Larocque and 22449 Cass Ave Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
CRMLS
$3,295,000
5 bd
|
6 ba
|
4,134 sq ft
|
House

22626 Califa St, Woodland Hills, CA 91367

Price drop
CRMLS
$3,300,000
4 bd
|
4.75 ba
|
2,691 sq ft
|
House

23130 Oxnard St, Woodland Hills, CA 91367

CLAW
$3,150,000
5 bd
|
5 ba
|
4,318 sq ft
|
House

22728 Oxnard St, Woodland Hills, CA 91367

Status: Active

Tomo last checked: 07/01/2024 at 11:30 AM

Listing updated: 06/06/2024 at 9:35 AM

Listed by: Alphonso Lascano, Carolwood Estates Phone #: (310) 623-3600

MLS: CLAW #24397083

CLAW logo

Recently listed in Woodland Hills