6501 Woodley Avenue, Van Nuys, CA 91406

Van Nuys
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
6501 Woodley Avenue,Van Nuys, CA 91406
$1,480,000
  • 10 Beds
  • 12 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: brandon evans
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26711685
Source:CRMLS

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Price summary

  • Price:$1,480,000

About this home

We are pleased to present 6501 Woodley Avenue, a rare 1993 construction value add 5-unit Investment Opportunity in Lake Balboa, CA. The property is comprised of 6,434 square feet of rentable area with an excellent unit mix of (4) 2 Bed, 2.5 Bath Townhouse units and (1) 2 Bed, 1 Bath Front House. Each unit is equipped with washers and dryers, hardwood floors, spacious layouts, and central heat and air. The townhouse units feature large private balconies and the house features a large private front yard. Built in 1993, the property is not subject to the Los Angeles Rent Stabilization Ordinance, allowing for an investor to increase rents by 5% + CPI annually (8% in 2026), per AB1482.The current rents are strong, averaging $2,189, but have excellent remaining upside of approximately 20%.Situated in the highly desirable Lake Balboa rental submarket, the property benefits from its walking distance to Sepulveda Basin Recreation Area, a 2,000 acre zone featuring several parks, golf courses,...

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Home facts

  • Year built:1993
  • Listing ID #:26711685
  • Added:100 day(s) ago
  • Updated:July 23, 2026 at 01:37 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:12
  • Flooring:Laminate
  • Kitchen Description:Washer

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace
  • Central air:Yes

Structure and exterior

  • Year built:1993
  • Levels:Multi Split

Finances and disclosures

  • Price:$1,480,000

Features and amenities

  • Appliances:Disposal, Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:10
  • Parking description:Covered, Garage, Gated
  • Garage:Yes
  • Garage spaces:10
Based on information from California Regional Multiple Listing Service, Inc. as of July 23, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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