6461 Woodley

Van Nuys, CA, 91406
For Sale $3,895,000
  • 21beds
  • 7,701sqft
  • 0.16acre
**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.

Get in touch

Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Michael Fitzgerald with Power Brokers
(424) 738-5900
Isaac Davidi with On Track Property
(310) 997-0311
6461 Woodley is a Residential Income property located in Van Nuys, California, featuring a 0.161 acre lot, 7,701 sqft, 21 bedrooms, MLS #25580883.

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Data last modified: 2025-08-20 20:03:46