$1,899,000
-$100,0005923 Woodman Avenue, Valley Glen CA 91401
Multi-Family (10 Units)
Property type
84 days
On market
$384
Price per sqft
0 cars
Garage
1952
Year built
9,028 sqft
Lot size
Home highlights
Open Houses
Overview
Presenting an ideal 10-unit building within this prime Valley Glen locale. Seller’s relocation out of state triggered the decision to sell or he would have never let this go. No vacancies here and all solid tenants pay right on time! Roof replaced appx 7 years ago, plumbing upgraded to copper and the sewer main-line from curb to building was also replaced. Washer/Dryer are...
Listing provided by: Marc Tahler DRE #01077251 818-657-3030, Rodeo Realty, Ken Zietz DRE #01403714, Rodeo Realty
Listing updated: May 29, 2026 at 05:08am.
Last checked: Jun 2, 2026 at 10:30am
Source: CRMLS #SR26054119
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $0 | $0 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $1,450 | $1,450 | $1,450 | Unfurnished |
| 1 | 1 | 1 | — | $850 | $850 | $1,450 | Unfurnished |
| 1 | 1 | 1 | — | $1,450 | $1,450 | $1,600 | Unfurnished |
| 1 | 1 | 1 | — | $1,590 | $1,590 | $1,600 | Unfurnished |
| 1 | 1 | 1 | — | $1,550 | $1,550 | $1,600 | Unfurnished |
| 1 | 1 | 1 | — | $1,075 | $1,075 | $1,600 | Unfurnished |
| 1 | 1 | 1 | — | $1,238 | $1,238 | $1,450 | Unfurnished |
| 1 | 1 | 1 | — | $1,040 | $1,040 | $1,600 | Unfurnished |
| 1 | 1 | 1 | — | $1,341 | $1,341 | $1,600 | Unfurnished |
# of Buildings: 1
# of Units Total: 10
Separate Electric Meters: 10
Separate Gas Meters: 10
Separate Water Meters: 0
Carpet: 10
Ranges: 10
Rent Control: Yes
Units Leased: 10
Total Actual Rent: $12,730
Tenant Pays: Electricity, Gas, Telephone
Financial Snapshot
Gross Rent Multiplier
11.8x
List Price / Annual Gross Rent
Cap Rate
6.71%
NOI / List Price
Gross Scheduled Income: $160,608
Operating Expense: $33,184
Net Operating Income: $127,424
Annual Operating Expenses
Gardener: $1,080
Fuel: $1,800
Insurance: $10,000
New Taxes: $24,987
Pest Control: $660
Professional Management: $0
Trash: $3,804
Water / Sewer: $9,600
Interior
Flooring: Carpet, Tile, Vinyl
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Gas Oven, Gas Range
Fireplace: None
Laundry: Common Area
Entry Location: Ground
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Composition
Construction Materials: Copper Plumbing
Common Walls: Two Common Walls Or More
Lot Features: Street Level
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View: None
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Assigned
Garage Spaces: 0
Uncovered Spaces: 7
Parking Total: 7
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 2246008008
Additional Parcels: No
Tax Lot: 26
Community
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 5923 Woodman Avenue, Valley Glen, CA 91401. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,519,200
Total Interest
$1,937,656
Total Payment
$3,456,856
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$11,731
per month
Property History for 5923 Woodman Avenue
Valley Glen Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91401.
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