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  • 6501 Woodley Avenue

6501 Woodley Avenue, Van Nuys, CA 91406

$1,575,000 Approx. USD 10 beds, 12 baths
6,434 sqft

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Carrie Blum REALTOR® - Sales Associate 754-246-5226 m
858-436-1797 o
Lic#: 02119846
NRDS ID: 232018235
cab920@gmail.com Text Me
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Lic#: 02119846
NRDS ID: 232018235
cab920@gmail.com La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
Phone: 858-459-0501
Fax: 858-459-3275
 La Jolla Prospect 1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
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Fax: 858-459-3275
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Listing Agent


Brandon Evans | brandon.evans@lyonstahl.com
Lic#: 02058494
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 805-814-9070

Agent Remarks

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 6,434 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 Hollywood, Northridge and Studio City.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 26711685
List price is $1,575,000 Reduced by $75,000 on 6/2/2026
Price: $1,575,000
Beds: 10
Baths: 12
Built in 1993
6,434 sqft
0.16 acres
Lot size: 0.1611
County: Los Angeles
Zoning: LARD1.5
Appliances: Disposal,Dryer,Washer
Parking description: Covered,Garage,Gated
Heating/cooling: Central Air
Heating description: Central
MLS area: LKBL - Lake Balboa

Last Updated: 6/9/2026

 Days On Market (DOM): 53

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This listing belongs to the LKBL - Lake Balboa MLS area

Lat/Long: 34.188733, -118.484036.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Carrie Blum

Carrie Blum REALTOR® - Sales Associate 754-246-5226 m
858-436-1797 o
Lic#: 02119846
NRDS ID: 232018235
cab920@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 02119846
NRDS ID: 232018235
cab920@gmail.com
La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
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