6537 Woodley Avenue

  • Van Nuys

  • $3,525,000
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Residential Income Details

Description
We are pleased to present 6537-6543 Woodley Avenue, a 17-unit multifamily property in the Lake Balboa neighborhood of Van Nuys that features two separate single-family homes. Situated on a huge 28,001 square foot lot with excellent street visibility, the four buildings contain 13,354 rentable square feet. An investor may assume the existing loan in order to take advantage of its attractive 3.65 percent interest rate. In addition to benefitting from the current cash flow, an investor may also explore future redevelopment options as plans have been proposed for construction of up to 28 multifamily units on the site. The open campus features a wide driveway that provides access to 20 carport parking spaces, as well as an additional six open spaces. Insulated at the rear of the property are two single-family houses with private fenced backyards, both surrounded primarily by other single family homes.
Essential
MLS #18318556
Price$3,525,000
Number of Units17
Sale TypeStandard
StatusPending
Listing BrokerageMarcus & Millichap
Listing AgentRoderick 'Rick' Raymundo
Listing Agent BRE #01357019
Interior
Exterior
ParkingCarport
Community
AreaLKBL - Lake Balboa
Address6537 Woodley Avenue
CityVan Nuys
CountyLos Angeles
StateCA
ZipCode91406
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, June 14, 2018. 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. 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, 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.