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6870 Woodley Avenue

Van Nuys, CA 91406
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Bed 6

Bed

Bath 4

Bath

SqFt9,020

Sqft(Lot)

Rare value-add income opportunity with significant upside potential in a convenient Van Nuys location. Situated on an expansive 9,017 SF lot, 6870 Woodley Ave features four (4) existing residential units and offers an excellent opportunity for investors looking to reposition, improve and maximize a multifamily asset. One unit will be delivered vacant, providing an immediate opportunity to renovate and lease at current market rents, while the existing occupied units provide income from day one. Two units have 2 bed + 1 bath and the other two are 1 bed + 1 bath units. Vacant unit is a top level 1 bed + 1 bath. Property currently has 4 covered carport spaces plus room for 6 or more cars on site. The property's generous lot size and existing configuration may offer additional opportunities for ADU development, laundry income, expansion or other improvements, creating the potential to further enhance rental income and long-term value. Buyers and developers are encouraged to independently investigate and verify all zoning, density, ADU, development and redevelopment possibilities with the City of Los Angeles and appropriate professionals. With a combination of existing income, a vacant unit ready for renovation, large amount of open land and potential for additional units, this property presents multiple paths to create value. Conveniently located in Van Nuys with easy access to shopping, dining, schools, transportation, major freeways (101 & 405) and employment centers throughout the San Fernando Valley. 6870 Woodley is an outstanding opportunity for an investor seeking a multifamily property with immediate value-add potential and compelling long-term possibilities.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $890,000

AD Id : 90991701

MLS Id : SB26191649

Beds : 6

Lot Size : 9,020 Sqft

Year Built : 1954

County : Los Angeles

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Feature Features

  • Interior Features

    Roof: Composition
    Appliances: GasRange, WaterHeater
    Laundry Features: SeeRemarks
    Window Features: WoodFrames
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1954
    Building Area Total: 2858
    Construction Materials: Stucco
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 9020 Lot Size Acres: 0.2071 Lot Size Source: Assessor Lot Size Square Feet: 9,020 Lot Description: CornerLot,Level

  • Listing Price Information

    Listing Price: $890000
    Cash, CashToExistingLoan, CashToNewLoan, Conventional

  • Tax Information

    Parcel Number: 2224027040 Tax Lot: 26

  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: SE Corner of Woodley Ave and Bassett Street, West of the 405 Fwy WaterSource: Public
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ByOwner last updated this listing 09/06/2026 @ 07:57

MLS: SB26191649 LISTED BY: Edward Kaminsky, eXp Realty of California, Inc 310-798-1277 SOURCE: CRMLS

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