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6461 Woodley AvenueVan Nuys, CA 91406

For Sale

$3,795,000

Smart Buyer Rebate $37,950

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.

Listed by Michael Fitzgerald

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License #02016898

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Rise Realty

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310-793-6136

Last updated March 17, 2026

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Source: CRMLS #26661771

Listing Facts

  • TypeMulti-family
  • NeighborhoodLake Balboa
  • Bedrooms21
  • Days on Prevu8
  • Size7,701 sqft
  • Price per sqft$493

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

03/09/2026
Listed by Rise Realty
$3,795,000

Property Details for 6461 Woodley Avenue

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 6
  • Property Attached: Yes
  • Stories Total: 3
  • Year Built: 2024
  • Architectural Style: Modern
  • Common Walls: 1 Common Wall

Features

  • View: Mountain(s)

Measurements

  • Building Area Total: 7,701
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,017
  • Lot Size Dimensions: 52,135
  • Lot Size Square Feet: 7,017
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.28
  • Gross Income: $336,000.00

Taxes

  • Parcel Number: 2233026017

Interior

Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer

Measurements

  • Living Area: 7,701
  • Living Area Source: Plans

Rooms

  • Bathrooms Total Integer: 16
  • Bedrooms Total: 21

Parking

Parking

  • Carport: Yes
  • Parking Features: Assigned, Carport
  • Parking Total: 10

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Other

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 21 bedrooms in this multi-family home at 6461 Woodley Avenue.

Does this multi-family home have parking?

Yes, there are 10 parking spaces available for 6461 Woodley Avenue.

How does 6461 Woodley Avenue compare to other multi-family homes in Lake Balboa?

This multi-family home is listed 65% above the average price for multi-family homes in Lake Balboa and has been on the market for 45 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 7,701 sqft.

6461 Woodley Avenue is a 21-bedroom multi-family home for sale in Van Nuys CA 91406. Listed on Prevu for 8 days at $3,795,000. This residence features 7,701 square feet of living space, located in Lake Balboa. The median listing price for multi-family homes in this area is $949,900. The home offers dishwasher, air conditioning, parking, and washer/dryer. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.