6461 Woodley Avenue, Van Nuys, CA 91406

Local realty services provided by:ERA Excel Realty
#1#2#3
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:power brokers
MLS#:24457843
Source:CRMLS

Price summary

  • Price:$3,795,000
  • Price per sq. ft.:$492.79

About this home

**Master Leased at $28,000 for 3 years with two 1 year extensions** 7% 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 $23,650 in monthly rental income, this property offers an estimated annual gross revenue of $283,800 and a solid 5.6% 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 #:24457843
  • Added:272 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

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

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

Structure and exterior

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

Finances and disclosures

  • Price:$3,795,000
  • Price per sq. ft.:$492.79
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . 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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