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Multifamily

6234 Woodman Ave

6234 Woodman Ave, Van Nuys, CA 91401

Listing Price: $2,675,000

Cap Rate
5.07%
Number of Units
9
GRM
10.45
Price/Unit
$297,222
Price/Gross SF
$288.72
Gross SF
9,265

Investment Overview

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 Stabilization
Ordinance (RSO), offering investors the flexibility to adjust rents in
line 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.

Investment Highlights

  • Built 1987- Not Subject to LA City RSO. Subject to CA State RC (1482)
  • Well Maintained with Upside Potential
  • Strong Van Nuys Location

Exclusively Listed By

Financing By

Multifamily

6234 Woodman Ave

Listing Price: $2,675,000

Cap Rate
5.07%
Number of Units
9
GRM
10.45
Price/Unit
$297,222
Price/Gross SF
$288.72
Gross SF
9,265

Investment Highlights

  • Built 1987- Not Subject to LA City RSO. Subject to CA State RC (1482)
  • Well Maintained with Upside Potential
  • Strong Van Nuys Location

Investment Overview

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 Stabilization Ordinance (RSO), offering investors the flexibility to adjust rents in line 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.

Exclusively Listed By

Financing By

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