6121 Woodman Avenue, Van Nuys, CA 91401
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
6121 Woodman Avenue,Van Nuys, CA 91401
$9,950,000
- 32 Beds
- 61 Baths
- 38,766 sq. ft.
- Multi-family
- Active
Listed by:tony azzi
Office:tony azzi
MLS#:25614355
Source:CRMLS
Price summary
- Price:$9,950,000
- Price per sq. ft.:$256.67
About this home
6121 Woodman Ave presents a unique opportunity to acquire a 45-unit apartment building in the heart of Van Nuys, Los Angeles one of the most active rental markets in the San Fernando Valley. Built in 1970 and situated on a 35,910 SF lot, the property spans 38,766 SF and features a balanced mix of studios, one-bedroom, and two-bedroom apartments that appeal to both professionals and families. In-place rents offer approximately 37% rental upside, providing strong value-add potential through renovations and improved management. Residents enjoy on-site parking, a swimming pool, and laundry facilities that contribute to high tenant satisfaction and long-term retention. The property operates efficiently with fee simple ownership and separately metered gas and electricity utilities. Ideally located near Sherman Oaks, Valley Glen, and Lake Balboa, tenants benefit from close access to the 405, 101, and 170 freeways, as well as major employment centers and shopping corridors. With proven rent growth, stable occupancy, and strong market fundamentals, 6121 Woodman Ave represents a rare multifamily investment opportunity in Van Nuys that combines stability, upside potential, and a prime central location.
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Home facts
- Year built:1970
- Listing ID #:25614355
- Added:1 day(s) ago
- Updated:November 04, 2025 at 12:33 AM
Rooms and interior
- Bedrooms:32
- Total bathrooms:61
- Living area:38,766 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1970
- Building area:38,766 sq. ft.
- Lot area:0.82 Acres
Finances and disclosures
- Price:$9,950,000
- Price per sq. ft.:$256.67
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