Van Nuys, CA 91405,6924 Woodman Ave
Van Nuys, CA 91405,6924 Woodman Ave
Van Nuys, CA 91405,6924 Woodman Ave
32
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$4,075,000
Est. payment /mo
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22 Beds
22 Baths
11,258 SqFt
New

6924 Woodman Ave Van Nuys, CA 91405

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,258 sqft

Price per Sqft $361

MLS Listing ID 25605263

Style Mediterranean

Bedrooms 22

Year Built 1989

Lot Size 0.377 Acres

Acres 0.3772

Property Sub-Type Multi-Family

Property Description

6924 Woodman Avenue, a non-RSO 12-unit multifamily investment opportunity located in the vibrant neighborhood of Van Nuys, CA 91405. Built in 1989, the 11,258 SF property is situated on a 16,425 SF LAR3-zoned lot and is not subject to the Los Angeles Rent Stabilization Ordinance (RSO), offering investors greater flexibility in rent growth and repositioning strategies. The three-story building comprises 12 units, including (2) one-bedroom/one-bath units and (10) two-bedroom/two-bath units, along with 24 on-site parking spaces and fee simple ownership. The property has been recently improved with a brand-new roof, new boiler, and copper plumbing throughout, significantly reducing near-term maintenance costs and ensuring long-term operational efficiency. Three washers and two dryers, owned by the property, generate additional income and enhance tenant convenience. Furthermore, the building is fully compliant with SB-721 balcony and deck inspection requirements, eliminating future compliance costs for ownership. Ideally located in Van Nuys, one of the San Fernando Valley's most accessible and established rental submarkets, residents benefit from proximity to major employment centers, transit corridors, schools, and entertainment destinations across Los Angeles. With its desirable construction vintage, modern upgrades, and strong physical fundamentals, 6924 Woodman Avenue offers investors a stabilized, low-maintenance multifamily asset with both income stability and long-term growth potential in a prime Los Angeles location.

Location

State CA

County Los Angeles

Area Valley Glen

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Washer, Dryer

Laundry Community, Laundry Area

Exterior

Parking Features Subterranean, Private, Driveway

Garage Spaces 24.0

Waterfront Description None

View Y/N Yes

View Walk Street

Building

Story 3

Architectural Style Mediterranean

Level or Stories Three Or More

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Tony Azzi

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Gwendolyn Thomas

Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

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6924 Woodman Ave