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6914 Woodley Ave

8 Unit Block of Flats £1,530,732 (£191,342/Unit) 4.62% Net Initial Yield Van Nuys, CA 91406

Investment Highlights

  • Located in the Van Nuys submarket.
  • Additional income generated from laundry.
  • Well maintained asset with strong rental upside available.
  • Very Walkable location with 71 Walk Score.

Executive Summary

The Boyett team is proud to present a 6914 Woodley Avenue, a large, and beautifully maintained apartment building with capturable rental upside. 6914 Woodley Ave is an 8-unit apartment building in the city of Van Nuys, next to Balboa Lake, with a unit mix of four (4) one-bedroom one-bathroom units and four (4) two-bedroom two-bathroom units. 6914 Woodley Avenue gives an investor the ability to capture all that the San Fernando Valley has to offer, and provides tenants of this property walkable access to shops, nightlife, employment opportunities and more

Property Facts

Price £1,530,732
Price Per Unit £191,342
Sale Type Investment
Net Initial Yield 4.62%
No. Units 8
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 6,502 SF
Number of Floors 2
Year Built 1964
Parking Ratio 1.75/1,000 SF

Unit Amenities

  • Balcony
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 4 - -
1+1 4 - -
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2224-026-020
Land Assessment
£672,937
Improvements Assessment
£362,347
Total Assessment
£1,035,284

zoning

Zoning Code R3-1, Los Angeles
R3-1, Los Angeles
  • Listing ID: 33936442

  • Date on Market: 20/11/2024

  • Last Updated:

  • Address: 6914 Woodley Ave, Van Nuys, CA 91406

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