3320 Woodbine Street

Los Angeles, CA 90064

$6,000,000
Price
26
Beds
20
Baths
15,543 Sq. Ft.
$386 / Sq. Ft.
15,543
Sq. Ft.
$386
per Sq. Ft.

Description

One Unit 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...One Unit 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.
  1. Listed by David Weinberger • DRE #01349349 • Brokerage DRE #01125362 • Keller Williams Studio City
  2. Listed by Megan Husri • DRE #02089901 • Brokerage DRE #01125362 • Keller Williams Studio City

Property Details for 3320 Woodbine Street

Zoning
LAR3
Style
Craftsman
Cross Streets
Manning Ave, Palms Blvd
Parcel Number
4316032004
Total Units
20.0
Living Area
15543
Source Living Area
Title Company
Area
Cheviot Hills/Rancho Park (C08)
LISTING UPDATED: 11/13/2024 04:45 PM

Property Details for 3320 Woodbine Street

StatusActive
MLS #24-440207
Days on Market96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.53 AC / 23,092 SF
CountyLos Angeles County

Virtual Tour

Building Information for 3320 Woodbine Street

Stories2Residences-Year Built1954Building Size-Lot Size0.53 AC / 23,092 SF

Property Information for 3320 Woodbine Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 20
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartments
  • Security Features: Exterior Security Lights, Fire and Smoke Detection System
  • Water Heaters: Yes
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $414,822
  • Net Operating Income: $257,983.00
  • Gross Income: $423,288
  • Cap Rate: 4.30%
  • Gross Rent Multiplier: $14.20
  • Actual Annual Gross Rent: $423,288.00
  • Total Annual Expense: 156840
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: Yes
  • Paved: Yes
  • Lot Acreage: 0.252
  • Lot Size Square Feet: 23092
  • Lot Description: Curbs, Sidewalks, Fenced, Walk Street, Street Paved
  • Lot Location: Cul-De-Sac
Parking Details
Parking Details
  • Parking Garage: Above Street Level, Assigned, Other, Parking Space, Private, Side By Side, Driveway
  • Total Parking: 20
  • Parking Features: Driveway Down Slope From Street, Assigned, Parking Space, Private, Side by Side, Driveway
Interior Features
Interior Features
  • Levels: Multi/Split, Two
  • Cooling Type: Air Conditioning, Wall Unit(s), Ceiling Fan
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Tile, Wood Laminate, Mixed
  • Equipment: Dishwasher, Range/Oven, Ceiling Fan, Built-Ins
  • Interior Features: Crown Moldings, Built-Ins, Mirrored Closet Door(s)
  • Room Bathroom Features: Tile Counters
  • Bathroom Features: Shower Over Tub, Tile
  • Common Walls: Attached
  • Cooking Appliances: Oven, Gas/Electric Range, Range Hood, Range
  • Laundry: Community, Laundry Area
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: Yes
  • Private Pool: No
  • Pool Description: In Ground, Community
  • Pool Features: In Ground, Community
  • Patio Features: Patio Open
  • New Construction: No
  • Other Structural Features: Balcony, Two On A Lot
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 09-16-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,994.00
  • Unit Actual Rent: $11,965.00
  • Unit Projected Rent: $18,460.00
  • Like Units: 6
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,594.00
  • Unit Actual Rent: $22,309.00
  • Unit Projected Rent: $32,120.00
  • Like Units: 14
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $188,399.00
  • Assessed Improvement Percent: 63.43
  • Assessed Land Value: $108,632.00
  • Assessed Land Percent: 36.57
  • Assessed Total Value: $297,031.00

Property History for 3320 Woodbine Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3320 Woodbine Street

Taxable ValueLand$110,804Additions$192,166Total$302,970
Tax Record2024$5,443 ($454 / month)
Home Facts
Total Finished SqFt9,143 SqFtAbove Grade Finished SqFt9,143 SqFtLot Size10,977 SqFtStyleMulti-Family Res (5+ Units)Year Built1954ZoningLAR3CountyLOS ANGELESAPN4316-032-004

Schools near 3320 Woodbine Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Palms Elementary School
PublicK to 5

Palms Middle School
Public6 to 8

Alexander Hamilton Senior High School
Public9 to 12

Cheviot Hills Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3320 Woodbine Street is a multi-family home for sale in Los Angeles, CA 90064. This property was listed for sale on September 16, 2024 by Keller Williams Studio City, it's currently listed at $6,000,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Palms Elementary School, Palms Middle School and Alexander Hamilton Senior High School. 3320 Woodbine Street is a 26-bed, 20-bath, 15,543 sqft multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Studio City, David Weinberger, DRE #01349349; Keller Williams Studio City, Megan Husri, DRE #02089901

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.