$3,500,000

6537 Woodley Avenue, Van Nuys (los Angeles), CA 91406

13,354 sqft

other
Built in 1959
0.64acre lot
—— car garage
$262/sqft
Listed 7 days ago

Property 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.

Listing Status:: Active
Date Added:: April 10, 2026
Data Last Updated:: April 17, 2026 at 7:06AM
Listing Office:: JNM Realty, INC. : 310-746-5923
Listing Agent:: Demis Dokhanian : 310-270-6616
MLS ID:: CL26701781

Heating: Other

Parking: AssignedOtherUncovered Parking Space

County: Los Angeles

Zoning: LAR12233028022

This listing courtesy of Demis Dokhanian , JNM Realty, INC.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Bassett Street Elementary School

15756 Bassett St, Van Nuys, CA, 91406

Grades KG-5

0.55 miles away

Lake Balboa College Preparatory Magnet K-12

6701 Balboa Blvd, Van Nuys, CA, 91406

Grades KG-12

1.05 miles away

Independence Continuation

6501 Balboa Blvd, Van Nuys, CA, 91406

Grades 9-12

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.