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Nicole Darwin

nicole.darwin@engelvoelkers.com +1(707) 330-4357

$ 3,795,000

Est. payment -/mo

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Active

6461 Woodley AVE Van Nuys, CA 91406

21 Beds

16 Baths

7,701 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,701 sqft

Price per Sqft $492

MLS Listing ID 26661771

Bedrooms 21

HOA Y/N No

Year Built 2024

Lot Size 7,017 Sqft

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 Lkbl - Lake Balboa

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Carport

Community Features Gated

View Y/N Yes

View Mountain(s)

Total Parking Spaces 10

Building

Story 3

Entry Level Multi/Split

Sewer Other

Architectural Style Modern

Level or Stories Multi/Split

New Construction Yes

Others

Senior Community No

Tax ID 2233026017

Security Features Fire Sprinkler System,Gated Community

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Michael Fitzgerald Rise Realty #02016898

NEARBY SCHOOLS & PROPERTIES

Nicole Darwin

Advisor

+1(707) 330-4357

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