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6461 Woodley Ave, Van Nuys, CA, 91406

21beds
16baths
7,701sqft
$3,795,000
$493price/sqft
$25,317/moest. monthly cost
$1,012,680/yrincome needed

About This Home

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.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
78
BikeVery Bikeable

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2024

Type & Style

  • Home type: MultiFamily
  • Architectural style: Modern
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas/Electric Range,Dishwasher,Disposal,Washer,Dryer,Refrigerator,Range/Oven,Recirculated Exhaust Fan,Microwave,Tankless Water Heater
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 21
  • Bathrooms: 16

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 7,701
  • Total interior livable area: 7,701 sqft

Property

Details

  • Parcel number: 2233026017
  • Zoning: LARD1.5
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Stories: 3
  • Has view: Yes
  • View description: Mountain(s)
  • Waterfront features: None

Lot

  • Lot size: 7,017 sqft
  • Lot size dimensions: 52 x 135

Parking

  • Total spaces: 10
  • Parking features: Assigned,Carport
  • Carport: Yes