6870 Woodley Avenue, Van Nuys, CA 91406
Local realty services provided by:ERA North Orange County Real Estate
6870 Woodley Avenue,Van Nuys, CA 91406
$890,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: edward kaminsky
Office: exp realty of california, inc
MLS#:SB26191649
Source:MLSListings
Price summary
- Price:$890,000
About this home
Rare value-add income opportunity with significant upside potential in a convenient Van Nuys location. Situated on an expansive 9,017 SF lot, 6870 Woodley Ave features four (4) existing residential units and offers an excellent opportunity for investors looking to reposition, improve and maximize a multifamily asset. One unit will be delivered vacant, providing an immediate opportunity to renovate and lease at current market rents, while the existing occupied units provide income from day one. Two units have 2 bed + 1 bath and the other two are 1 bed + 1 bath units. Vacant unit is a top level 1 bed + 1 bath. Property currently has 4 covered carport spaces plus room for 6 or more cars on site. The property's generous lot size and existing configuration may offer additional opportunities for ADU development, laundry income, expansion or other improvements, creating the potential to further enhance rental income and long-term value. Buyers and developers are encouraged to independently investigate and verify all zoning, density, ADU, development and redevelopment possibilities with the City of Los Angeles and appropriate professionals. With a combination of existing income, a vacant unit ready for renovation, large amount of open land and potential for additional units, this prop...
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Home facts
- Year built:1954
- Listing ID #:SB26191649
- Added:1 day(s) ago
- Updated:September 06, 2026 at 04:31 PM
Heating and cooling
- Cooling:Window/Wall Unit
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition
- Year built:1954
- Lot area:0.21 Acres
- Lot Features:Level, Mid Block
Utilities
- Water:District - Public, Hot Water
Finances and disclosures
- Price:$890,000
Parking
- Parking description:4 Cars Carport, Assigned Spaces, Carport(s), Common Garage, Other, Room for Oversized Vehicle
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