6461 Woodley Avenue, Van Nuys, CA 91406

Local realty services provided by:Better Homes and Gardens Real Estate Lakeview Realty
6461 Woodley Avenue,Van Nuys, CA 91406
$3,895,000
  • 21 Beds
  • 16 Baths
  • 7,701 sq. ft.
  • Multi-family
  • Active
Listed by:michael fitzgerald
Office:power brokers
MLS#:25580883
Source:CRMLS

Price summary

  • Price:$3,895,000
  • Price per sq. ft.:$505.78

About this home

**Master Leased at $28,000 for 3 years with two 1 year extensions** 6.8% CAP RATE! Presenting 6461 Woodley Ave, a newly constructed multifamily property completed in 2024 in Lake Balboa, CA. This exceptional asset includes five residential units plus an attached ADU, making 6 units, all vacant and ready for immediate leasing. Projected to generate approximately $28,000 in monthly rental income, this property offers an estimated annual gross revenue of $336,000 and a solid 6.8% cap rate, making it an ideal opportunity for 1031 exchange buyers seeking a high-quality, income-generating asset with strong returns.Located just minutes from the 405 and 101 freeways and close to Lake Balboa Park's trails, lakes, and green spaces, this property provides a unique blend of urban accessibility and recreational amenities, enhancing its tenant appeal. Each unit features open-concept layouts, premium laminate flooring, modern white kitchens with stainless steel appliances, and in-unit washers and

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Home facts

  • Year built:2024
  • Listing ID #:25580883
  • Added:9 day(s) ago
  • Updated:August 30, 2025 at 10:23 AM

Rooms and interior

  • Bedrooms:21
  • Total bathrooms:16
  • Living area:7,701 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:2024
  • Building area:7,701 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$3,895,000
  • Price per sq. ft.:$505.78
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