BuySellBlogBrowse Listings

7303 Woodley AvenueVan Nuys, CA 91406

For Sale

$1,050,000

Smart Buyer Rebate $10,500

The property provides investors with both stability and meaningful value-add potential in one of the San Fernando Valley's most in-demand rental markets. The property is comprised entirely of two-bedroom units and features on-site laundry facilities that provide a supplemental revenue stream. With approximately 39% upside in rental income achievable through annual income increases and tenant turnover, the asset presents a compelling opportunity for investors seeking long-term growth. The building totals 3,640 square feet and sits on a 6,394 square foot corner lot, providing excellent visibility along a primary street in the San Fernando Valley. Ownership has diligently maintained the property, including a brand-new roof completed in 2024 and recent upgrades such as resurfaced asphalt in the parking area. As the property does not appear on the Los Angeles Department of Building & Safety's Seismic Retrofit list (Buyer to verify), a new owner is saved from a significant maintenance expense. Positioned in Lake Balboa, the most attractive neighborhood in Van Nuys, tenants benefit from its proximity to the Van Nuys Airport and major employment hubs across the San Fernando Valley. The neighborhood continues to attract renters seeking affordability paired with convenience, making 7303 Woodley Avenue a well-located property with both immediate and future investment appeal.

Listed by Roderick 'Rick' Raymundo

·

License #01357019

·

Marcus & Millichap

·

213-943-1855

Last updated October 23, 2025

·

Source: CRMLS #25606487

Listing Facts

  • TypeMulti-family
  • NeighborhoodLake Balboa
  • Bedrooms10
  • Days on Prevu8
  • Size3,640 sqft
  • Price per sqft$288

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/23/2025
Status changed to Active
$1,050,000
10/23/2025
Status changed to Removed from Feed
$1,050,000
10/15/2025
Listed by Marcus & Millichap
$1,050,000

Property Details for 7303 Woodley Avenue

Exterior

Construction

  • Number Of Units Total: 5
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1954

Measurements

  • Building Area Total: 3,640
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,394
  • Lot Size Dimensions: 54,120
  • Lot Size Square Feet: 6,394
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.0
  • Gross Income: $85,704.00

Taxes

  • Parcel Number: 2205026001

Interior

Measurements

  • Living Area: 3,640

Rooms

  • Bathrooms Total Integer: 5
  • Bedrooms Total: 10

Parking

Parking

  • Parking Features: Assigned
  • Parking Total: 5

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.