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Listed price in listed location currency (USD).
$3,500,000

23180

MLS® 26701781

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 13354 sqft
Garage 
Taxes 
Days Active 4
Lot Size 
Approx. Age 1959
Avg. Price Per Sqft $262
MLS® Number 26701781

Property Address: 6537 Woodley Ave, Van Nuys, CA, 91406-6429

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number26701781
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1959
Basement
DrivewayAssigned, Oversized, Uncovered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 10, 2026List Date
$3,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
6537 Woodley Ave, Van Nuys, CA

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