#24464521, Michael Fitzgerald, Listing Office: Power Brokers
#24457843·
Listing Office: Power Brokers·
Listing Agent: Michael Fitzgerald·
Listing Office Phone: 424-738-5900
6461 Woodley Ave Van Nuys, CA 91406
$3,795,000 List price
21 beds
16 baths
7,701 sqft
0.2 acres
$493 / sqft
House
Property details
About 6461 Woodley Ave
**Master Leased at $28,000 for 3 years with two 1 year extensions** 7% 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 $23,650 in monthly rental income, this property offers an estimated annual gross revenue of $283,800 and a solid 5.6% 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.
Highlights
Home typeOther
HeatingCentral
StatusActive
CoolingCentral Air
Size7,701 sqft
Lot size0.1611 Acres
Year builtNew Const., 2024
ParkingAssigned, Carport
MLS #24457843
ViewMountain(s)
Summary
- MLS Number: 24457843
- MLS Name: CRMLS
- Office Name: Power Brokers
- Office Phone: (424) 738-5900
- Listing Agent: Michael Fitzgerald
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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6461 Woodley Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 10, 2021 | Home Sold | $1,040,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,082,016 | $13,368 |
| 2023 | $1,060,800 | $13,110 |
| 2022 | $1,040,000 | $12,503 |
| 2021 | $109,863 | $1,663 |
| 2020 | $108,737 | $1,621 |
| 2019 | $106,606 | $1,539 |
| 2018 | $104,516 | $1,507 |
| 2017 | $102,468 | $1,507 |
History based on county public records data.
Nearby schools
6
Bassett Street Elementary School
Public District KG-5
0.6 mi
•15756 Bassett St
2
Columbus Avenue Elementary School
Public District KG-5
1.2 mi
•6700 Columbus Ave
3
Sylvan Park Elementary
Public District KG-5
1.3 mi
•6238 Noble Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,104. The majority of Van Nuys, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
18%
<35k
61%
35k-100k
8%
100k-200k
13%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
43%
Single, No Kids
12%
Single, with Kids
18%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
29%
18-34 yrs old
42%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
NBA/WNBA
Continuing Education Courses
Where do the neighbors shop?
Banana Republic
Express/Express For Men
Burlington
Where do the neighbors go to eat?
Sonic
Starbucks
Qdoba
What do the neighbors drive?
Infiniti
Pontiac
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 6461 Woodley Ave
This home is located at 6461 Woodley Ave in Van Nuys, CA and zip code 91406 in the The San Fernando Valley neighborhood. This 7,701 square foot home, which was built in 2024, sits on a 0.16 acre lot. Features: 21 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $3,795,000.
While more than 294 listings in Van Nuys, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. The number of homes for sale in Van Nuys, CA increased by 20.1% between December and January 2025. In January 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $1,035,435.
From Rocket Homes Real Estate and based on county public records data.