7303 Woodley Avenue, Van Nuys, CA 91406
Local realty services provided by:ERA North Orange County Real Estate
7303 Woodley Avenue,Van Nuys, CA 91406
$998,000
- 10 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: roderick 'rick' raymundo
Office: marcus & millichap
MLS#:25606487
Source:CRMLS
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Price summary
- Price:$998,000
About this home
The property provides investors with both stability and meaningful value-add potential in one of the San Fernando Valley's most in-demand rental markets. The property is comprised entirely of two-bedroom units and features on-site laundry facilities that provide a supplemental revenue stream. With approximately 39% upside in rental income achievable through annual income increases and tenant turnover, the asset presents a compelling opportunity for investors seeking long-term growth. The building totals 3,640 square feet and sits on a 6,394 square foot corner lot, providing excellent visibility along a primary street in the San Fernando Valley. Ownership has diligently maintained the property, including a brand-new roof completed in 2024 and recent upgrades such as resurfaced asphalt in the parking area. As the property does not appear on the Los Angeles Department of Building & Safety's Seismic Retrofit list (Buyer to verify), a new owner is saved from a significant maintenance expense. Positioned in Lake Balboa, the most attractive neighborhood in Van Nuys, tenants benefit from its proximity to the Van Nuys Airport and major employment hubs across the San Fernando Valley. The neighborhood continues to attract renters seeking affordability paired with convenience, making 7303 Woodley Avenue a well-located property with both immediate and future investment appeal.
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Home facts
- Year built:1954
- Listing ID #:25606487
- Added:123 day(s) ago
- Updated:February 11, 2026 at 12:24 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
Structure and exterior
- Year built:1954
Finances and disclosures
- Price:$998,000
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