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$975,000
Listing Price5beds
4baths
2,354sqft
5,532sqft lot
5623 Woodman Ave, Van Nuys, CA 91401
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
We are pleased to present a triplex located at 5623 Woodman Ave in Van Nuys, California. The subject property is located in a great Van Nuys location, just north of Burbank Blvd and west of Fulton Ave. Located in Van Nuys adjacent to Sherman Oaks, this triplex features a front house and rear duplex, presenting an excellent owner-user and value-add opportunity. One unit will be delivered vacant in partially stripped condition, allowing for comprehensive renovation and repositioning, while approximately 25% rental upside enhances income potential. The property includes three garage parking spaces with potential for ADU conversion, subject to buyer verification. A charming, shared courtyard and mature landscaping provide privacy, shade, and outdoor leisure space. The property also qualifies for 30 year fixed residential financing and offers convenient access to major commercial corridors, the 101, 405, and 170 freeways, Metro Orange Line, recreation, dining, shopping, and everyday amenities throughout Van Nuys and Sherman Oaks. With a flexible triplex layout, vacant value-add unit, strong rental upside, ADU potential, and a great central Van Nuys location, the property presents a compelling opportunity for both owner-users and investors.
Interior Details
2354
5
4
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5532
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Triplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$10,719
$624,240
$275,706
--%
$899,946
2019
$10,719
$612,000
$270,300
--%
$882,300
2018
$10,631
$600,000
$265,000
--%
$865,000
2017
$3,179
$130,615
$119,269
--%
$249,884
2016
$3,082
$128,054
$116,931
--%
$244,985
2014
$3,066
$123,661
$112,919
--%
$236,580
2013
$3,066
$123,103
$112,409
--%
$235,512
2012
$3,017
$120,690
$110,205
--%
$230,895
Average Home Price in 91401
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$975,000
$975,000
5 Beds
4 Baths
2,354 Sqft
5,532 Lot (sqft)
Sold 10/27/2026
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles



