Listing Courtesy of:
Rodeo Realty
Agency Phone: 310-924-3130
Associate Name: Adam 'Aumi' Katz
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
INVESTOR OPPORTUNITY STEPS TO TOPANGA VILLAGE .Exceptional income-producing property on a nearly 10,000 sq. ft. street-to-street lot in one of Woodland Hills' most desirable and walkable neighborhoods. Approximately 1,600 sq. ft. of total living space consisting of a 2-bedroom, 2-bath main house, a private-entry grandma studio suite (formerly the 3rd bedroom), and a newer permitted detached ADU with its own address (6548 Hanna Ave).The ADU offers 1 bedroom, 1.5 bathrooms, a full kitchen, in-unit laundry, private entrance, and private yard. Each living space enjoys its own private entrance, kitchen, laundry, and outdoor area, creating excellent flexibility for multi-generational living or multiple income streams.The property is currently generating approximately $7,500 per month in rental income, with rents believed to be below market, offering potential upside for investors. An additional value-add opportunity may exist with room for another unit (buyer to verify with appropriate agencies).A rare feature is the large, separate rear gated lot with private electric gate and parking for 10+ vehicles. This area is not included in any tenant's yard and may provide additional income potential for vehicle, RV, equipment, or storage rentals.The main house features a newer roof, while mature fruit trees enhance the grounds. Located within walking distance to The Village, Westfield Topanga, restaurants, shopping, and entertainment, this is one of the few truly walkable areas in Woodland Hills.Ideal for investors seeking stable income today with significant upside potential tomorrow. Don't miss this unique opportunity.
Listed By
Agency Name: Rodeo Realty
Agent Name: Adam 'Aumi' Katz
Agency Phone: 310-924-3130
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Estimated Payment
$ 2,892.30 per month $2,557.18 Principal & Interest $0.00 Property Tax (data not provided by mls) $335.13 Homeowner's Insurance
6550 Hanna Avenue | MLS# 26843165
This single family home located at 6550 Hanna Avenue, Woodland Hills, CA 91303 is currently listed for sale with an asking price of $1,149,000. This property was built in 1954 and has 3 bedrooms and 2 full and 1 partial baths with 1613 sq. ft. Search Woodland Hills real estate on www.farrellsmyth.com today.