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$890,000
SB26191649 MLS ⋅ Active Status
Rare value-add income opportunity with significant upside potential in a convenient Van Nuys location. Situated on an expansive 9,017 SF lot, 6870 Woodley Ave features four (4) existing residential units and offers an excellent opportunity for investors looking to reposition, improve and maximize a multifamily asset. One unit will be delivered vacant, providing an immediate opportunity to renovate and lease at current market rents, while the existing occupied units provide income from day one. Two units have 2 bed + 1 bath and the other two are 1 bed + 1 bath units. Vacant unit is a top level 1 bed + 1 bath. Property currently has 4 covered carport spaces plus room for 6 or more cars on site. The property's generous lot size and existing configuration may offer additional opportunities for ADU development, laundry income, expansion or other improvements, creating the potential to further enhance rental income and long-term value. Buyers and developers are encouraged to independently investigate and verify all zoning, density, ADU, development and redevelopment possibilities with the City of Los Angeles and appropriate professionals. With a combination of existing income, a vacant unit ready for renovation, large amount of open land and potential for additional units, this property presents multiple paths to create value. Conveniently located in Van Nuys with easy access to shopping, dining, schools, transportation, major freeways (101 & 405) and employment centers throughout the San Fernando Valley. 6870 Woodley is an outstanding opportunity for an investor seeking a multifamily property with immediate value-add potential and compelling long-term possibilities.

6870 Woodley Avenue, Van Nuys
$1,150,000
CV26182205 MLS ⋅ Active Status
Property is located in the heart of Van Nuys. The property consists of 4 well maintained units, with 4 garages. The property has recently installed copper plumbing, per owner. The main house has a recently installed roof, per owner. The main house has central air conditioning, and one converted extra bedroom (without permits). The other 3 units have wall A.C. units. The property has a recently installed tankless water heater. Conveniently located in a high demand rental market area, with convenient access to schools, restaurants, shopping centers, public transportation, and to the 405 Fwy., 101 Fwy., and 170 Fwy..

15816 Sherman Way, Van Nuys
$1,475,000
SR26134303 MLS ⋅ Active Status
Outstanding investment opportunity in the heart of Van Nuys! This well-maintained 4-unit income property features four spacious units, each offering 2 bedrooms and 2 bathrooms. One unit has been beautifully remodeled, while all units are in good condition and provide comfortable living spaces for tenants. The property offers strong income potential, desirable floor plans, ample parking, and low-maintenance ownership. Conveniently located near shopping centers, restaurants, schools, public transportation, and major freeways, making it highly attractive to tenants. Whether you are looking to expand your investment portfolio or secure a stable multi-family asset in a high-demand rental market, this property presents an excellent opportunity for long-term cash flow and appreciation. Pride of ownership is evident throughout this exceptional Van Nuys investment property.

14642 Calvert, Van Nuys

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.