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6501 Woodley Avenue, Van Nuys, CA 91406

Van Nuys
Local realty services provided by:CENTURY 21 Lois Lauer Realty
6501 Woodley Avenue,Van Nuys, CA 91406
$1,480,000
  • 10 Beds
  • 12 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: brandon evans
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26711685
Source:CRMLS

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Price summary

  • Price:$1,480,000

About this home

We are pleased to present 6501 Woodley Avenue, a rare 1993 construction value add 5-unit Investment Opportunity in Lake Balboa, CA. The property is comprised of 6,434 square feet of rentable area with an excellent unit mix of (4) 2 Bed, 2.5 Bath Townhouse units and (1) 2 Bed, 1 Bath Front House. Each unit is equipped with washers and dryers, hardwood floors, spacious layouts, and central heat and air. The townhouse units feature large private balconies and the house features a large private front yard. Built in 1993, the property is not subject to the Los Angeles Rent Stabilization Ordinance, allowing for an investor to increase rents by 5% + CPI annually (8% in 2026), per AB1482.The current rents are strong, averaging $2,189, but have excellent remaining upside of approximately 20%.Situated in the highly desirable Lake Balboa rental submarket, the property benefits from its walking distance to Sepulveda Basin Recreation Area, a 2,000 acre zone featuring several parks, golf courses,...

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Home facts

  • Year built:1993
  • Listing ID #:26711685
  • Added:108 day(s) ago
  • Updated:July 31, 2026 at 07:12 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:12
  • Flooring:Laminate
  • Kitchen Description:Disposal

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1993

Finances and disclosures

  • Price:$1,480,000

Features and amenities

  • Appliances:Disposal, Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:10
  • Parking description:Covered, Garage, Gated
  • Garage:Yes
  • Garage spaces:10
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