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About the Listing CLW-X75379 - CLW-C125316,CLW-X92246
**Master Leased at $28,000 for 3 years with two 1 year extensions** 6.8% CAP RATE! 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 $28,000 in monthly rental income, this property offers an estimated annual gross revenue of $336,000 and a solid 6.8% 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.
Listing Highlights for 6461 Woodley Ave
Status
Active
Days on Site
16
Property Type
Multi-Family
MLS ®
25580883
Year Built
2024
Total Square Footage
7,701
Lot/Acreage
0.16
County
Los Angeles
Area
LKBL - Lake Balboa
Interior Details
- Bedrooms: 21
- Bathrooms: 16 Full
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Gas Range
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 10
- Zoning: LARD1.5
- Roof:
- Others: 2+ Total Units
- Sewer: Other
- Parking Features: Assigned,Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2233026017
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
6461 Woodley Ave Van Nuys, CA 91406
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