6501 Woodley Avenue, Van Nuys (los Angeles), CA 91406

• 5,354 sqft

Property Description

We are pleased to present 6501 Woodley Avenue, a rare 1993 construction value add 5-unit Investment Opportunity in Lake Balboa, CA. The property is comprised of 5,354 square feet of rentable area with an excellent unit mix of (4) 2 Bed, 2.5 Bath Townhouse units and (1) 2 Bed, 1 Bath Front House. Each unit is equipped with washers and dryers, hardwood floors, spacious layouts, and central heat and air. The townhouse units feature large private balconies and the house features a large private front yard. Built in 1993, the property is not subject to the Los Angeles Rent Stabilization Ordinance, allowing for an investor to increase rents by 5% + CPI annually (8% in 2026), per AB1482.The current rents are strong, averaging $2,189, but have excellent remaining upside of approximately 20%.Situated in the highly desirable Lake Balboa rental submarket, the property benefits from its walking distance to Sepulveda Basin Recreation Area, a 2,000 acre zone featuring several parks, golf courses, indoor & outdoor sports complexes, and community gardens. Located just west of the 405 freeway and just north of the 101 freeway, Lake Balboa is one of the most central neighborhoods in Los Angeles, surrounded by high profile and trendy neighborhoods such as Encino, Sherman Oaks, Tarzana, North Hollyw

Listing Status:

Active

Date Added:

April 13, 2026

Data Last Updated:

April 17, 2026 at 7:06AM

Listing Office:

Lyon Stahl Investment Real Estate, Inc. : 310-425-9838

Listing Agent:

Brandon Evans : 805-814-9070

MLS ID:

CL26711685

Interior

• Appliances: Dryer
• Laundry: DryerWasher
• Flooring: Laminate
• A/C: Central Air
• Heating: Other

Exterior

• Parking: CoveredOther

Location

• County: Los Angeles

Lot

• Zoning: LARD1.52233027018