6461 Woodley Ave, Van Nuys, CA 91406
6461 Woodley Ave, Van Nuys, CA 91406
6461 Woodley Ave, Van Nuys, CA 91406
6461 Woodley Ave, Van Nuys, CA 91406
6461 Woodley Ave, Van Nuys, CA 91406
6461 Woodley Ave, Van Nuys, CA 91406
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$ 3,795,000
Est. payment | /mo

21 Beds

16 Baths

7,701 SqFt


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$ 3,795,000
Est. payment | /mo
Save

21 Beds

16 Baths

7,701 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,701 sqft

Price per Sqft $492

MLS Listing ID 26661771

Style Modern

Bedrooms 21

Construction Status New Construction

Year Built 2024

Lot Size 7,017 Sqft

Acres 0.1611

Property Sub-Type Multi-Family

Property Description

Presenting 6461 Woodley Ave, a 2025-constructed multifamily investment opportunity located in the highly desirable Lake Balboa / Van Nuys submarket. The property is master leased at $28,000 per month for a 3-year term with two additional 1-year extension options, providing investors with immediate, stable cash flow and a strong 7.28% cap rate. Leased started February 2025. The property consists of five residential units plus a detached ADU (6 units total) and is projected to generate approximately $336,000 in annual gross income. Designed with modern construction standards and thoughtful layouts, the units feature open-concept floor plans, premium laminate flooring, contemporary white kitchens with stainless steel appliances, and in-unit washers and dryers, creating a highly desirable living environment for today's renters.Additional highlights include 10 on-site parking spaces accessible from the rear alley, a valuable amenity that enhances tenant convenience and long-term rental stability in this high-demand rental market.Ideally situated with convenient access to the 405 and 101 freeways, the property allows for easy connectivity throughout Los Angeles. Residents also enjoy close proximity to Lake Balboa Park, known for its scenic trails, lakes, and expansive green spaces, providing a rare combination of urban accessibility and outdoor recreation.With new construction quality, a master lease providing reliable income, minimal maintenance requirements, and a strong 7.28% cap rate, 6461 Woodley Ave presents a turnkey multifamily investment opportunity with stable returns in one of the San Fernando Valley's most desirable rental markets.

Location

State CA

County Los Angeles

Area Lake Balboa

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Dishwasher, Garbage Disposal, Washer, Dryer, Refrigerator, Range/Oven, Recirculated Exhaust Fan, Solar Panels, Microwave

Laundry In Unit

Exterior

Parking Features Assigned, Carport

Garage Spaces 10.0

Waterfront Description None

View Y/N Yes

View Mountains

Building

Story 3

Sewer In Street

Water Public

Architectural Style Modern

Level or Stories Multi/Split

Construction Status New Construction

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Rise Realty

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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6461 Woodley Ave

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