CA > Van Nuys
Van Nuys, CA 91406,6461 Woodley Ave
Van Nuys, CA 91406,6461 Woodley Ave
Van Nuys, CA 91406,6461 Woodley Ave
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Melissa Seanez

Melissa Seanez

+1(626) 723-6030
$3,795,000
Est. payment /mo
21 Beds
16 Baths
7,701 SqFt
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UPDATED:

11/27/2024 07:02 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,701 sqft

Price per Sqft $492

MLS Listing ID 24-457843

Style Modern

Bedrooms 21

Construction Status New Construction

Year Built 2024

Lot Size 7,017 Sqft

Acres 0.1611

Property Description

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.

Location

State CA

County Los Angeles

Area Lake Balboa

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Dishwasher, Garbage Disposal, Washer, Dryer, Refrigerator, Range/Oven, Recirculated Exhaust Fan, Solar Panels, Microwave

Laundry In Unit

Exterior

Parking Features Assigned, Carport

Garage Spaces 10.0

Waterfront Description None

View Y/N Yes

View Mountains

Building

Story 3

Sewer In Street

Water Public

Architectural Style Modern

Level or Stories Multi/Split

Construction Status New Construction

Others

Special Listing Condition Standard

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Melissa Seanez

+1(626) 723-6030

Agent | License ID: 02137015

Agent License ID: 02137015

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