6461 Woodley Avenue
$3,795,000
21
16
7,701
7,701
$493
Description
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...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.
- Listed by Michael Fitzgerald • DRE #02016898 • Brokerage DRE #01268376 • Power Brokers
Property Details for 6461 Woodley Avenue
Water Front
None
ZoningLARD1.5
StyleModern
Parcel Number2233026017
Total Units6.0
Living Area7701
Source Living AreaPlans
AreaLake Balboa (LKBL)
LISTING UPDATED: 11/27/2024 12:02 AM
Property Details for 6461 Woodley Avenue
Status | Active |
---|---|
MLS # | 24-457843 |
Days on Market | 32 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2024 |
Lot Size | 0.16 AC / 7,017 SF |
County | Los Angeles County |
Building Information for 6461 Woodley Avenue
Stories3Residences-Year Built2024Building Size-Lot Size0.16 AC / 7,017 SF
Property Information for 6461 Woodley Avenue
Property History for 6461 Woodley Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6461 Woodley Avenue
Taxable ValueLand$832,320Additions$249,696Total$1,082,016
Tax Record2024$13,368 ($1,114 / month)
Home Facts
Beds3Total Finished SqFt1,195 SqFtAbove Grade Finished SqFt1,195 SqFtStories1Lot Size7,015 SqFtStyleSingle Family ResidenceYear Built1953ZoningLARD1.5CountyLOS ANGELESAPN2233-026-017
Schools near 6461 Woodley Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Charter - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Bassett Street Elementary School PublicK to 5 | ||
William Mulholland Middle School Public6 to 8 | ||
Birmingham Community Charter High School Charter9 to 12 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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