6461 Woodley Avenue, Van Nuys, CA 91406
Local realty services provided by:ERA Excel 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 dryers, ensuring a comfortable and contemporary living experience. Additional features include 10 parking spaces accessible from the rear alley, an added benefit for both tenants and investors in this high-demand area. With its turnkey status, minimal maintenance requirements, and strong rental potential, 6461 Woodley Ave offers an exceptional investment in the growing Van Nuys market.
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Home facts
- Year built:2024
- Listing ID #:25580883
- Added:41 day(s) ago
- Updated:September 21, 2025 at 01:19 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:$3,895,000
- Price per sq. ft.:$505.78
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