5.5% in-place cap, 7.3% stabilized! Woodpark is a 30-unit, 3-story apartment building of approximately 28,174 square feet situated on 0.55 acre of land. Built in 1971, the property has been well maintained with minor upgrades and renovations implemented as necessary. The community consists of one, two, and three-bedroom units that average approximately 940 square foot, as well as laundry facilities and an entry reception area. Construction is stucco over wood frame on a reinforced concrete slab. Parking is provided in a two-level parking structure at the back of the property. Residents enjoy a amenities that include gated, intercom entry, swimming pool, and nicely appointed apartments that include air conditioning, balcony, dishwasher, and ceiling fans. The property is situated just south of Moorpark Street midway between Ventura Boulevard and the 101-Freeway on the east side of Woodman Avenue. The following highlights some of the conveniences and opportunities found within this area: • Excellent access to two major freeways with on and off-ramps to the 101-Freeway offered just north on Woodman Avenue • 3 blocks from the Westfield Sherman Oaks Fashion Square anchored by Bloomingdales and Macys • 15-minute walk to shopping, dining, and entertainment including Trader Joe’s, Ralphs, and numerous trendy boutiques and dining options along Ventura Boulevard • Highly rated schools with all Sherman Oaks primary and secondary schools ranked 8+ including Carpenter Elementary School, the highest rated public school in the Valley.