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 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.
Property Type
Residential IncomeCounty
Los AngelesStyle
ModernAD ID
47683153
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 21
Bathroom Information
- Total Baths: 16
- Full Baths: 0
- Half Baths: 0
Water/Sewer
- Sewer : Other
Interior Features
- Property Appliances: Dishwasher,Disposal,Gas Range,Microwave,Refrigerator,Dryer,Washer
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
-
Exterior Features
Building Information
- Year Built: 2024
- Building Area Total: 7,701
Security Features
- Fire Sprinkler System,Gated Community
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1611
- Lot Size Dimensions: 52x135
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 7017
-
Listing Information
Listing Price Information
- Original List Price: 3,795,000
- Listing Contract Date: 2024-11-19
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2233026017
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas,Trash Collection,Water
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: LKBL - Lake Balboa
- Postal Code Plus 4: 6417
- Directions: North on 405, exit West on Victory, turn right on Woodley.
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: LKBL - Lake Balboa
Building and Construction
- Property Age: 0
- Year Built Source: Builder
- Total Square Feet Living: 7701
- Levels or Stories: Multi/Split
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BuyOwner last updated this listing 11/24/2024 @ 00:12
- MLS: 24457843
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 21 bedrooms which is for sale, it has 7,701 sqft, 7,017 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Van Nuys , in zip code 91406, this Los Angeles County Home , it is in the Midvale Estates Subdivision, are nearby neighborhoods.