$3,795,000
Los Angeles, CA 91406
2025
Year Built
Los Angeles
County
Quadruplex
Property Type
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.
$20,199/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. 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 herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.