CA > Van Nuys
Van Nuys, CA 91401,6121 Woodman AVE
Van Nuys, CA 91401,6121 Woodman AVE
Van Nuys, CA 91401,6121 Woodman AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$9,950,000
Est. payment /mo
32 Beds
61 Baths
38,766 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 38,766 sqft

Price per Sqft $256

MLS Listing ID 25614355

Bedrooms 32

HOA Y/N No

Year Built 1970

Lot Size 0.825 Acres

Property Description

6121 Woodman Ave presents a unique opportunity to acquire a 45-unit apartment building in the heart of Van Nuys, Los Angeles one of the most active rental markets in the San Fernando Valley. Built in 1970 and situated on a 35,910 SF lot, the property spans 38,766 SF and features a balanced mix of studios, one-bedroom, and two-bedroom apartments that appeal to both professionals and families. In-place rents offer approximately 37% rental upside, providing strong value-add potential through renovations and improved management. Residents enjoy on-site parking, a swimming pool, and laundry facilities that contribute to high tenant satisfaction and long-term retention. The property operates efficiently with fee simple ownership and separately metered gas and electricity utilities. Ideally located near Sherman Oaks, Valley Glen, and Lake Balboa, tenants benefit from close access to the 405, 101, and 170 freeways, as well as major employment centers and shopping corridors. With proven rent growth, stable occupancy, and strong market fundamentals, 6121 Woodman Ave represents a rare multifamily investment opportunity in Van Nuys that combines stability, upside potential, and a prime central location.

Location

State CA

County Los Angeles

Area Vg - Valley Glen

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Covered, Private, Uncovered

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 2239020016

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Tony Azzi Tony Azzi

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