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.
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.