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JNM Realty proudly presents, on an exclusive basis, 6537-6543 Woodley Ave, a seventeen (17) unit apartment community in Van Nuys that has been well maintained and strategically improved. Two (2) of the units are single family dwellings and the remainder are in two (2) separate buildings. The property offers a stable operational foundation with two (2) vacant units, allowing a buyer to immediately set market rents, select tenants, and implement renovation-driven upside. Recent capital improvements include a newly permitted roof replacement totaling approximately $100,000.The asset is offered at a 10.31x GRM and 5.49% current cap rate, representing the lowest GRM among comparable sales within a one-mile radius since January 2018.This positions the property as one of the most attractive price-to-income opportunities in the submarket. This investment is best suited for a buyer seeking a low-management, stabilized asset with clear, incremental upside and a long-term hold strategy. JNM Realty currently manages the property and is available to provide continuity for the incoming ownership. This opportunity is available alongside 14157 Calvert St, Van Nuys, CA as a portfolio or separately.
| DAYS ON MARKET | 2 | LAST UPDATED | 4/10/2026 |
|---|---|---|---|
| YEAR BUILT | 1959 | COMMUNITY | LKBL - Lake Balboa |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AREA | LKBL - Lake Balboa |
|---|---|
| HEAT | Central |
| LOT | 0.643 acre(s) |
| LOT DIMENSIONS | 28010 |
| PARKING | Assigned, Oversized |
| STORIES | Split/Multi Level |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 4/12/26 6:58 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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