6461 Woodley, Los Angeles, CA 91406

$3,795,000

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List Price
$3,795,000
Status
COMING SOON
MLS#
BB26186232
Year Built
2025
Lot Size
7,017
Acres
0.16
Lot Location
Landscaped
Days on Market
1
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Three Or More Levels

Property Description

6461 Woodley Ave is a brand new, fully leased, NON RENT CONTROLLED 2025 six unit luxury community located in the heart of Lake Balboa. Now operating under a 36 month master lease with a professional operator, this turnkey asset delivers a true 7.52% cap rate with reliable income and basically ZERO expenses. Set on a rapidly developing street with standout curb appeal, the property features site MASSIVE units, four oversized 4 bedroom, 3 bathroom tri level townhomes, one equally impressive 3 bedroom, 3 bathroom unit, and one highly rentable 2 bedroom, 1 bathroom unit. All homes offer private entrances, highly functional layouts, and are separately metered for utilities. Luxury details include designer tile work, custom cabinetry, stainless steel appliances, oversized kitchens, high ceilings, balconies, large closets, and expansive windows that fill the homes with natural light. Drought tolerant landscaping, ample parking, and modern finishes further elevate tenant appeal. Why it stands out: The boutique charm of Lake Balboa combined with central location of Van Nuys create a rental environment with consistent absorption. With a long term master lease secured by a vetted operator catering to a recession resistant medical housing niche, this investment offers immediate cash flow, hands off management, and a rare opportunity to own a trophy asset in one of the strongest rental corridors in Los Angeles.

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
10
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
6
Gross Scheduled Income
$289,200
Operating Expense
50659

Listing courtesy of Listing Agent: Lauren Cearley (lauren@myunits.com) from Listing Office: Myunits.com Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.