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Real Estate Listing at Properties from The Knight Group LA

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The Knight Group LA

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$2,675,000
11 Days On Site

6234 Woodman Avenue
Van Nuys, CA 91401

For Sale|Residential Income|Active
17
Beds
18
Total Baths
9,265
SqFt
$289
/SqFt
1987
Built
County:
Los Angeles
Listed by Jeffrey Louks of Marcus & Millichap jeff.louks@marcusmillichap.com
Call Now: 503.200.4823
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503.200.4823
6234 Woodman Avenue6234 Woodman Avenue6234 Woodman Avenue6234 Woodman Avenue
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Monthly Payment (Est.)

$12,204
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6234 Woodman Avenue is a 9-unit multifamily property located in the vibrant Van Nuys neighborhood of Los Angeles, CA. Built in 1987, the property is not subject to the Los Angeles City Rent StabilizationOrdinance (RSO), offering investors the flexibility to adjust rents inline with market trends. The unit mix includes eight 2-bedroom/2-bathroom units and one 1-bedroom/1.5-bathroom unit with a den, catering to a diverse tenant base, including young professionals, small families, and individuals seeking larger living spaces. The property is well-positioned to capitalize on Van Nuys' strong rental market, driven by its proximity to major employment hubs such as the Van Nuys Civic Center (1.2 miles away) and the entertainment and media industries in nearby Studio City and Sherman Oaks. The spacious 2-bedroom units are ideal for higher-income tenants, while the 1-bedroom unit with a den offers flexibility for remote workers or those needing additional space. Modern amenities, such as in-unit laundry, updated appliances, or pet-friendly policies (common in similar properties), can further enhance tenant retention and minimize vacancies. From an investment perspective, the property presents significant value-add potential. Its 1987 construction suggests opportunities for targeted renovations, such as upgrading kitchens, bathrooms, or common areas, to boost rental income and property value. The absence of RSO restrictions allows investors to adjust rents to market rates, maximizing returns in a neighborhood with consistent demand. The property's location offers convenient access to public transit (Van Nuys Metro link Station, 1.5 miles away) and major highways (I-405 and US-101), ensuring strong appeal for tenants seeking connectivity. The Van Nuys multifamily market remains robust, with strong investor interest and appreciating property values in the area, driven by limited inventory and steady demand

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Listing Snapshot
Price 
$2,675,000
Days On Site 
11 Days
Bedrooms 
17
Inside Area (SqFt) 
9,265 sqft
Total Baths 
18
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1868 Acres
Year Built 
1987
MLS® Number 
25580247
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.1868
Number Of Stories 
2
Parking 
Gated
Parking Spaces 
2
Special Circumstances 
Standard
SqFt Total 
9265
Stories 
Two
Zoning 
LAR3
Interior Features
Appliances 
MicrowaveRefrigerator
Cooling 
Central Air
Heating 
Central
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Community Features
MLS Area 
VG – Valley Glen
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This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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