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$ 3,795,000
Est. payment | /mo
13 Beds
10 Baths
7,017 Sqft Lot
$ 3,795,000
Est. payment | /mo
13 Beds
10 Baths
7,017 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26186232
Bedrooms 13
Lot Size 7,017 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
6461 Woodley Ave is a brand new, fully leased, NON RENT CONTROLLED 2025 six unit luxury community located in the heart of Lake Balboa. Now operating under a 36 month master lease with a professional operator, this turnkey asset delivers a true 7.52% cap rate with reliable income and basically ZERO expenses. Set on a rapidly developing street with standout curb appeal, the property features site MASSIVE units, four oversized 4 bedroom, 3 bathroom tri level townhomes, one equally impressive 3 bedroom, 3 bathroom unit, and one highly rentable 2 bedroom, 1 bathroom unit. All homes offer private entrances, highly functional layouts, and are separately metered for utilities. Luxury details include designer tile work, custom cabinetry, stainless steel appliances, oversized kitchens, high ceilings, balconies, large closets, and expansive windows that fill the homes with natural light. Drought tolerant landscaping, ample parking, and modern finishes further elevate tenant appeal. Why it stands out: The boutique charm of Lake Balboa combined with central location of Van Nuys create a rental environment with consistent absorption. With a long term master lease secured by a vetted operator catering to a recession resistant medical housing niche, this investment offers immediate cash flow, hands off management, and a rare opportunity to own a trophy asset in one of the strongest rental corridors in Los Angeles.
Location
State CA
County Los Angeles
Zoning Builder
Direction From the 405 Freeway, exit Victory Boulevard and head west. Turn right onto Woodley Avenue. The property will be on the right, j
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 2233026017
Virtual Tour https://www.myunits.com/buy/6461woodley
Listed by Lauren Cearley, DRE#02146823 Myunits.com Inc.
Nearby Locations
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Johnny Fitzmaurice