4617 Woodland Ave 3 Unit ⸰ Value Add ⸰ Corner Parking

Prime Mixed-Use Opportunity on Woodland Ave – Unlock Immediate Cash Flow & Future Growth!

• 📈 High Upside Potential – Located next to new developments, promising value appreciation.
• 🏢 Mixed-Use Versatility – Commercial and residential units provide diverse income sources.
• 💰 Under-Market Units – Immediate opportunity to boost revenue by bringing rents to market rates.
• 🛠️ Value-Add Opportunity – Common outdoor space, laundry facility, and garage offer additional revenue potential.
• 📊 Strong Financials – Projected 9% cap rate with $60k+ annual gross rent.

Welcome to 4617 Woodland Ave, a fantastic mixed-use corner triplex nestled right next to exciting new developments, offering tremendous upward potential and exceptional value-add opportunities. This versatile property features a commercial unit, currently utilized as a therapy center, which will be delivered vacant—perfect for immediate occupancy or re-leasing at market rates. The residential units are currently month-to-month, under market value, and can also be delivered vacant, providing maximum flexibility for repositioning and optimizing rental income.Enhancing its investment appeal, the property includes a shared outdoor area ideal for tenant enjoyment and an attached laundry facility, conveniently located in the rear garage—offering significant potential for additional income streams. Projected to generate a robust 9% cap rate and over $60k in annual gross rent, this property represents an excellent opportunity for both seasoned investors and those looking to expand their portfolio.

This building would make an excellent addition to your portfolio. Contact us today to learn more about this exciting investment opportunity.

$64,054.20 (Estimated) Gross Rent

NOI: $42,913.34 (Estimated)

9.03% Cap ⸰ 36.14% COC (Estimated)