6234 Woodman Ave - Apartments FOR SALE


Van Nuys, CA 91401
$2,675,000 USD
310-941-5899
6234 Woodman Ave, Van Nuys, CA for Sale
$2,675,000 USD
Apartments - FOR SALE
1/7
null | 5.07% Cap Rate

6234 Woodman Ave
Van Nuys, CA 91401


HIGHLIGHTS

  • Constructed in 1987, the property is exempt from LA City RSO- Property is subject to California State Rent Control (1482)
  • Positioned in the heart of Van Nuys, with proximity to major employment centers, public transit , and key amenities
  • Gated Parking

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. 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.

FOR SALE DETAILS

PRICE

$2,675,000 USD

PRICE/SF

$289 USD /SF

# OF UNITS

9

PRICE/UNIT

$297,222

CAP RATE

5.07%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

LAR3

APN/PARCEL ID

2330-013-024

ASK ABOUT THIS PROPERTY

Jeff LouksMarcus & MillichapMore Info
310-941-5899

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Jeff LouksMarcus & MillichapMore Info
310-941-5899

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.