6461 Woodley Avenue
Van Nuys, CA 91406
- – beds
- – baths
- – sqft
- 7,017 sqft lot
- 2024 build
- – on site
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 $23,650 in monthly rental income, this property offers an estimated annual gross revenue of $283,800 and a solid 5.6% 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.
Last checked:
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Last updated Nov 19, 2024
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MLS# 24457843 —
The Building
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Year Built:2024
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Year Built Source:Builder
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New Construction:Yes
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Architectural Style:Modern
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Building Area Total:7701.00
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# of Buildings:3
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Total Number Of Units:6
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Stories Total:3
Interior
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Levels:Multi/Split
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Laundry:Washer Included, Dryer Included
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Laundry:1
Location
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Directions:North on 405, exit West on Victory, turn right on Woodley.
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Latitude:34.18844700
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Longitude:-118.48403500
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:7017.0000
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Lot Size Dimensions:52x135
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Lot Size Acres:0.1611
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Lot Size SqFt:7017.00
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View:1
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View:Mountain(s)
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Security Features:Gated Community, Fire Sprinkler System
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2233026017
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Showings Begin:2024-11-19
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Other
Appliances
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Appliances:Dishwasher, Disposal, Microwave, Refrigerator, Gas Range
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned, Carport
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Parking Spaces:10.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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11/19/24
Nov 19, 2024
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Listed / Active | CRMLS_CA | $3,795,000 | 264.9% (87.5% / YR) |
|
11/10/22
Nov 10, 2022
|
Price Changed | CRMLS_CA | ||
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10/24/22
Oct 24, 2022
|
Listed / Active | CRMLS_CA |
