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.
AGENT: Michael Fitzgerald LISTING BROKERAGE: Rise Realty
Courtesy of Rise Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 6461 Woodley AV
Van Nuys, CA
Property Details
Price:
$3,795,000
MLS #:
26661771
Status:
Active
Beds:
21
Baths:
16
Type:
Single Family
Neighborhood:
lkbllakebalboa
Listed Date:
Mar 10, 2026
Finished Sq Ft:
7,701
Total Sq Ft:
7,701
Lot Size:
7,017 sqft / 0.16 acres (approx)
Year Built:
2024
ModernNewconstructionCommunity GatedLkbl – Lake BalboaLkbllakebalboaMountain(s)
Ask a Question
See this Listing
Schools
Interior
Appliances
DW, GD, MW, RF, GR
Cooling
CA
Heating
CF
Laundry Features
DINC, WINC
Levels
S
Exterior
Architectural Style
MOD
Common Walls
_1CW
New Construction YN
1
Parking Spots
10
Parking Total
10
Security Features
FS, GC
View
MT
Financial
Gross Operating Income
$336,000
Net Operating Income
$276,242
Map
Community
- Address6461 Woodley AV Van Nuys CA
- CityVan Nuys
- CountyLos Angeles
- Zip Code91406
