JNM Realty proudly presents, on an exclusive basis, 6537-6543 Woodley Ave, a seventeen (17) unit apartment community in Van Nuys that has been well maintained and strategically improved. Two (2) of the units are single family dwellings and the remainder are in two (2) separate buildings. The property offers a stable operational foundation with two (2) vacant units, allowing a buyer to immediately set market rents, select tenants, and implement renovation-driven upside. Recent capital improvements include a newly permitted roof replacement totaling approximately $100,000.The asset is offered at a 10.31x GRM and 5.49% current cap rate, representing the lowest GRM among comparable sales within a one-mile radius since January 2018.This positions the property as one of the most attractive price-to-income opportunities in the submarket. This investment is best suited for a buyer seeking a low-management, stabilized asset with clear, incremental upside and a long-term hold strategy. JNM Realty currently manages the property and is available to provide continuity for the incoming ownership. This opportunity is available alongside 14157 Calvert St, Van Nuys, CA as a portfolio or separately.
AGENT: Demis Dokhanian LISTING BROKERAGE: JNM Realty, INC.
Courtesy of JNM Realty, INC.. 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. 6537 Woodley AV
Van Nuys, CA
Property Details
Price:
$3,500,000
MLS #:
26701781
Status:
Active
Beds:
23
Baths:
18
Type:
Single Family
Neighborhood:
lkbllakebalboa
Listed Date:
Apr 10, 2026
Finished Sq Ft:
13,354
Total Sq Ft:
13,354
Lot Size:
28,010 sqft / 0.64 acres (approx)
Year Built:
1959
Lkbl – Lake BalboaLkbllakebalboa
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Schools
Interior
Heating
CF
Levels
S
Exterior
Financial
Gross Operating Income
$339,622
Net Operating Income
$191,976
Map
Community
- Address6537 Woodley AV Van Nuys CA
- CityVan Nuys
- CountyLos Angeles
- Zip Code91406
