6461 Woodley Avenue, Van Nuys, CA 91406
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
6461 Woodley Avenue,Van Nuys, CA 91406
$3,795,000
- 21 Beds
- 16 Baths
- 7,701 sq. ft.
- Multi-family
- Active
Listed by: michael fitzgerald
Office: rise realty
MLS#:26661771
Source:CRMLS
Price summary
- Price:$3,795,000
- Price per sq. ft.:$492.79
About this home
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....
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Home facts
- Year built:2024
- Listing ID #:26661771
- Added:482 day(s) ago
- Updated:March 11, 2026 at 12:37 AM
Rooms and interior
- Bedrooms:21
- Total bathrooms:16
- Kitchen Description:Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
- Living area:7,701 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2024
- Building area:7,701 sq. ft.
- Lot area:0.16 Acres
- Architectural Style:Modern
Finances and disclosures
- Price:$3,795,000
- Price per sq. ft.:$492.79
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:10
- Parking description:Assigned, Carport
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