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8540 Woodman AVE Panorama City, CA 91402
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Key Details
Sold Price $895,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR21252810
Sold Date 05/04/22
HOA Y/N No
Year Built 1960
Lot Size 0.286 Acres
Property Sub-Type Business
Property Description
Huge potential for development for low income or affordable housing. Two parcels being sold together. This parcel is zoned LACR and the adjoining parcel of 9,405 square feet with a 1,785 square foot house is zoned LARD5 for a total lot square footage of 21,887 square feet. Located at the corner of Woodman and Ventura Canyon with access from Woodman, makes this an ideal development deal. There are tenants on both properties with no written leases. Do not disturb the existing tenants. Use your imagination. Both parcels must be sold together. Property is a probate which does not require court confirmation. All offers must be written on a probate purchase agreement form. Call listing agent for complete information.
Location
State CA
County Los Angeles
Area Pc - Panorama City
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 2637021007
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Probate Listing
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Bought with Gevork Torosyan One Stop Real Estate & Finance
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