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$3,500,000
12 Days On Site

6537 Woodley Avenue
Van Nuys, CA 91406

For Sale|Residential Income|Active
23
Beds
18
Total Baths
13,354
SqFt
$262
/SqFt
1959
Built
County:
Los Angeles
Listed by Demis Dokhanian of JNM Realty, INC. DEMIS@JNMREALTY.COM
Call Now: (323) 719-1076
Is this the listing for you? We can help make it yours.
(323) 719-1076
6537 Woodley Avenue6537 Woodley Avenue6537 Woodley Avenue6537 Woodley Avenue
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Monthly Payment (Est.)

$15,968
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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.

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Listing Snapshot
Price 
$3,500,000
Days On Site 
12 Days
Bedrooms 
23
Inside Area (SqFt) 
13,354 sqft
Total Baths 
18
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.643 Acres
Year Built 
1959
MLS® Number 
26701781
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.643
Levels 
Multi/Split
Parking 
AssignedOversized
Special Circumstances 
Standard
SqFt Total 
13354
Zoning 
LAR1
Interior Features
Heating 
Central
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Community Features
MLS Area 
LKBL - Lake Balboa


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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