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Charlie Nicholas

nicholas4re@gmail.com +1(562) 897-2690

$ 9,650,000

Est. payment -/mo

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Price Dropped by $300K

6121 Woodman AVE Van Nuys, CA 91401

32 Beds

61 Baths

38,766 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 38,766 sqft

Price per Sqft $248

MLS Listing ID 25614355

Bedrooms 32

HOA Y/N No

Year Built 1970

Lot Size 0.825 Acres

Property Description

6121 Woodman Ave presents a unique opportunity to acquire a 45-unit apartment building in the heart of Van Nuys, Los Angeles one of the most active rental markets in the San Fernando Valley. Built in 1970 and situated on a 35,910 SF lot, the property spans 38,766 SF and features a balanced mix of studios, one-bedroom, and two-bedroom apartments that appeal to both professionals and families. In-place rents offer approximately 21% rental upside, providing strong value-add potential through renovations and improved management. Residents enjoy on-site parking, a swimming pool, and laundry facilities that contribute to high tenant satisfaction and long-term retention. The property operates efficiently with fee simple ownership and separately metered gas and electricity utilities. Ideally located near Sherman Oaks, Valley Glen, and Lake Balboa, tenants benefit from close access to the 405, 101, and 170 freeways, as well as major employment centers and shopping corridors. With proven rent growth, stable occupancy, and strong market fundamentals, 6121 Woodman Ave represents a rare multifamily investment opportunity in Van Nuys that combines stability, upside potential, and a prime central location.

Location

State CA

County Los Angeles

Area Vg - Valley Glen

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Covered, Private, Uncovered

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 2239020016

Special Listing Condition Standard

Listed by Tony Azzi Tony Azzi

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

10

Colfax Charter Elementary

Public | KG - 5
9

Ararat Charter

Public | KG - 5
9

Dixie Canyon Community Charter

Public | KG - 5
9

Carpenter Community Charter

Public | KG - 5
8

Hesby Oaks Leadership Charter

Public | KG - 8
8

Kester Elementary / Magnet

Public | PK - 5
8

Sherman Oaks Elementary Charter

Public | KG - 5
8

Chandler Learning Academy

Public | KG - 5
7

Ivy Bound Academy of Math, Science, and Technology

Public | 5 - 8
7

Valor Academy Charter

Public | 5 - 8
7

Celerity Palmati Charter

Public | KG - 8
6

Riverside Drive Charter

Public | KG - 5
6

Monlux Elementary School

Public | KG - 5
5

Noble Avenue Elementary

Public | KG - 5
5

Ranchito Avenue Elementary School

Public | KG - 5
5

Kittridge Street Elementary

Public | PK - 5
5

Erwin Elementary

Public | KG - 5
5

Coldwater Canyon Elementary School

Public | KG - 5
5

Strathern Elementary School

Public | PK - 5
5

Burbank Boulevard Elementary

Public | PK - 5

Middle Schools 11

6

Millikan Middle School

Public | 6 - 8
5

Madison Middle School

Public | 6 - 8
4

Robert Fulton College Prep

Public | 6 - 12
4

Richard E. Byrd Middle School

Public | 6 - 8
4

Roy Romer Middle School

Public | 6 - 8
2

Vista Middle School

Public | 6 - 8
1

Van Nuys Middle School

Public | 6 - 8
0

Los Angeles Hebrew High School

Private | 7 - 12
0

Options for Youth-Hermosa Beach, Inc.

Public | 7 - 12
0

Harvard-Westlake School

Private | 7 - 12
0

Emerson Academy

Private | 6 - 12

High Schools 20

8

North Hollywood High School

Public | 9 - 12
7

Van Nuys Senior High School

Public | 9 - 12
6

CHAMPS - Charter High School of the Arts - Multimedia and Performing

Public | 9 - 12
6

Ulysses Grant High School

Public | 9 - 12
5

Valor Academy Charter High School

Public | 9 - 12
4

Francis Polytechnic Senior High School

Public | 9 - 12
2

Jack London Community Day

Public | 9 - 12
1

Panorama High School

Public | 9 - 12
0

Will Rogers Continuation

Public | 9 - 12
0

Cal Burke High School

Public | 9 - 12
0

St Genevieve High School

Private | 9 - 12
0

Notre Dame High School

Private | 9 - 12
0

Academy of Amherst Jr-Sr High School

Private | 10 - 12
0

Jack London Continuation

Public | 9 - 12
0

Coldwater Canyon Preparatory

Private | 9 - 12
0

Valley Torah High School

Private | 9 - 12
0

Valley Torah

Private | 9 - 12
0

Robert H. Lewis Continuation

Public | 9 - 12
0

Valley Torah High School Girls' Division

Private | 9 - 12
0

Amelia Earhart Continuation

Public | 9 - 12

School and business data provided by Attom Data.

Charlie Nicholas

Agent | License ID: 01738156

+1(562) 897-2690

Charlie Nicholas

6121 Woodman AVE Van Nuys, CA 91401

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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6121 Woodman AVE