Pending

6501 Woodley Avenue

Van Nuys, CA 91406
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Bed 10

Bed

Bath 0

Bath

SqFt6,434

Sqft

SqFt7,018

Sqft(Lot)

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%.Situat ed 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, indoor & outdoor sports complexes, and community gardens. Located just west of the 405 freeway and just north of the 101 freeway, Lake Balboa is one of the most central neighborhoods in Los Angeles, surrounded by high profile and trendy neighborhoods such as Encino, Sherman Oaks, Tarzana, North Hollywood, Northridge and Studio City.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,575,000

AD Id : 77024726

MLS Id : 26711685

Beds : 10

Lot Size : 7,018 Sqft

Living Area Size : 6,434

Year Built : 1993

Garage : 10

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 10

    Bathroom Information

    Total Baths: 12 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Disposal,Dryer,Washer Flooring: Laminate
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

  • Building Information

    Year Built: 1993 Building Area Total: 6,434

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1611 Lot Size Dimensions: 52x135
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7018

  • Listing Price Information

    Original List Price: 1,575,000 Listing Contract Date: 2026-04-13
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 2233027018

  • Garage and Parking

    Garage Description: Covered,Garage,Gated

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Pending Source Neighborhood: LKBL - Lake Balboa Directions: Victory Blvd & Woodley Ave Zoning: LARD1.5 Source Property Type: Residential Income Area: LKBL - Lake Balboa
  • Building and Construction

    Property Age: 33 Year Built Source: Assessor Total Square Feet Living: 6434 Levels or Stories: Multi/Split
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Nearby Home Value

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15358 Cohasset, Van Nuys, CA, 91406 $1,698,900 5 4 2,901 2,901 SqFt
15329 Vose Street, Van Nuys, CA, 91406 $6,500,000 48 -- 24,952 24,952 SqFt
15513 Cohasset Street, Van Nuys, CA, 91406 $869,000 3 2 1,299 1,299 SqFt
15337 Lemay Street, Van Nuys, CA, 91406 $1,550,000 6 4 2,680 2,680 SqFt
15556 Valerio, Van Nuys, CA, 91406 $1,100,000 3 3 1,860 1,860 SqFt
6448 Peach Avenue, Van Nuys, CA, 91406 $1,440,000 4 3 3,044 3,044 SqFt
7524 Haskell, Van Nuys, CA, 91406 $3,700,000 -- -- 11,795 11,795 SqFt
15455 Vanowen, Van Nuys, CA, 91406 $2,750,000 -- -- 8,238 8,238 SqFt
6514 Langdon Avenue, Van Nuys, CA, 91406 $1,995,000 4 2 2,728 2,728 SqFt
7406 Haskell, Van Nuys, CA, 91406 $799,000 -- -- 1,221 1,221 SqFt

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ByOwner last updated this listing 06/10/2026 @ 22:24

MLS: 26711685 LISTED BY: Brandon Evans, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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