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$9,650,000 -$300,000 (-3.02%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 32 Total Beds
  • Updated 2 days ago
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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 37% 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.

Full Property Details for 6121 Woodman Ave

General

  • Price: $9,650,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25614355
  • Updated: 1/13/2026
  • Added to Site: 73 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 61

Bedrooms

  • Total Bedrooms: 32

Additional Information

  • Other Features: Other

Parking

  • Garage Description: Covered Parking, Attached, Private, Uncovered

Location

  • Area: Valley Glen
  • County: Los Angeles
  • Driving Directions: Located along Woodman Ave in the heart of Van Nuys, just north of Oxnard St and minutes from the 101 and 405 freeways. The property sits near local shops, restaurants, and parks, offering convenient access to major corridors throughout the San Fernando Valley.

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central

Structural Information

  • # Buildings: 1
  • Stories/Levels: 3
  • Square Feet: 38,766
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1970
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 45
  • Unit Type: 2106, 2107, 2108, 2109

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1.5
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 13

Additional Structures

  • Other Structures: Other

Lot Features

  • Lot Size (Acres): 0.8246
  • Lot Size: 35921
  • Lot Size Source: Vendor Enhanced
  • Zoning: LAR3

Financial Considerations

  • Price Per Sq. Ft.: $248.93
  • Assessment Year: 1970

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 2239-020-016

Listed by Tony Azzi, Tony Azzi

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Listing agent

— 6121 Woodman Ave —

  • Tony Azzi

    Tony Azzi

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 6121 Woodman Ave

School District:Los Angeles Unified School District
NameGradesDistance
Erwin Elementary School
13400 Erwin St., Los Angeles, CA 91401
K-50.4 mi
Louis D. Armstrong Middle School
5041 Sunnyslope Ave., Los Angeles, CA 91423
6-81.3 mi
Ulysses S. Grant Senior High School
13000 Oxnard St., Los Angeles, CA 91401
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6121 Woodman Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$9,650,000
-3.02%
MLS
11/03/2025
Listed
$9,950,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 6121 Woodman Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$51,636
4%
$3,819,031
4%
2023
$49,722
4%
$3,671,317
2%
2022
$47,596
2%
$3,599,626
2%
2021
$46,826
-1%
$3,529,341
1%
2020
$47,235
4%
$3,493,307
2%
2019
$45,534
1%
$3,410,106
2%
2018
$45,084
2%
$3,343,242
2%
2017
$44,109
3%
$3,277,689
2%
2016
$42,722
1%
$3,213,422
2%
2015
$42,153
-1%
$3,165,155
2%
2014
$42,580
—
$3,103,155
—
2013
$42,583
—
$3,089,131
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Tony Azzi, Tony Azzi

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6121 Woodman Ave, Van Nuys, CA 91401 (MLS# 25614355) is a Multi-Family property with units containing 32 bedrooms and 0 full bathrooms. 6121 Woodman Ave is currently listed for $9,650,000 and was received on November 03, 2025. Want to learn more about 6121 Woodman Ave? Do you have questions about finding other Multi-Family real estate for sale in Van Nuys? You can browse all Van Nuys real estate or contact a Coldwell Banker agent to request more information.

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