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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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6461 Woodley Avenue Van Nuys, CA 91406
$3,795,000 21 beds, 16 baths
7, 701 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26661771
List price is $3,795,000
Beds: 21
Baths: 16
Built in 2024
7,701 sqft
0.16 acres
Lot size: 0.1611
County: Los Angeles
Property style: Modern
Zoning: LARD1.5
Appliances: Dishwasher,Disposal,Gas Range,Microwave,Refrigerator,Dryer,Washer
Parking description: Assigned,Carport
Heating/cooling: Central Air
Heating description: Central
MLS area: LKBL - Lake Balboa

Last Updated: 3/18/2026

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This listing belongs to the LKBL - Lake Balboa MLS area

The style of this listing is Modern.
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Lat/Long: 34.188447, -118.484035.
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Listing Agent: Michael Fitzgerald
Lic#: 02016898
Broker: Courtesy of Rise Realty

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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