6234 Woodman Avenue new

Van Nuys (los Angeles),CA 91401

$ 2675000

- Bed

0 Bath

9265 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 9,265 sqft

Price per Sqft $288

MLS Listing ID CL25580247

Year Built 1987

Lot Size 8,136 Sqft

Property Sub-Type Other

Property Description

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 renova

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Other

Cooling Central Air

Building

New Construction No

View More
Favorite Go Tour