Property Detail

6461 Woodley

Van Nuys CA 91406

$3,795,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Michael Fitzgerald of Rise Realty. Last updated 2026-03-11 08:11:24.000000. Listing information © 2025 CRMLS.

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"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

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