Date
Details
Price
Change
Source
4/13/2026
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,650,000 Just Listed
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Property Description
We are pleased to present 6501 Woodley Avenue, a rare 1993 construction value add 5-unit Investment Opportunity in Lake Balboa, CA. The property is comprised of 5,354 square feet of rentable area with an excellent unit mix of (4) 2 Bed, 2.5 Bath Townhouse units and (1) 2 Bed, 1 Bath Front House. Each unit is equipped with washers and dryers, hardwood floors, spacious layouts, and central heat and air. The townhouse units feature large private balconies and the house features a large private front yard. Built in 1993, the property is not subject to the Los Angeles Rent Stabilization Ordinance, allowing for an investor to increase rents by 5% + CPI annually (8% in 2026), per AB1482.The current rents are strong, averaging $2,189, but have excellent remaining upside of approximately 20%.Situated in the highly desirable Lake Balboa rental submarket, the property benefits from its walking distance to Sepulveda Basin Recreation Area, a 2,000 acre zone featuring several parks, golf courses, indoor & outdoor sports complexes, and community gardens. Located just west of the 405 freeway and just north of the 101 freeway, Lake Balboa is one of the most central neighborhoods in Los Angeles, surrounded by high profile and trendy neighborhoods such as Encino, Sherman Oaks, Tarzana, North Hollywood, Northridge and Studio City.
Full Property Details
Full Property Details for 6501 Woodley Ave
General
- Price: $1,650,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26711685
- Updated: 4/13/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: In Unit
Additional Information
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 10
- Covered Spaces: 10
- Garage Description: Gated, Garage, Covered Parking
Location
- Area: Lake Balboa
- County: Los Angeles
- Cross Streets: Victory Blvd & Woodley Ave
- Driving Directions: Victory Blvd & Woodley Ave
- Direction Faces: East
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- # Buildings: 2
- Stories/Levels: 2
- Square Feet: 5,354
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1993
- Year Built Source: Assessor
Unit Information
- Units in Complex: 5
- Unit Type: 2106, 2107, 2108, 2109, 2110
Unit 1
- Total Bathrooms: 2.5
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2.5
- Bedrooms: 2
Unit 3
- Total Bathrooms: 2.5
- Bedrooms: 2
Unit 4
- Total Bathrooms: 2.5
- Bedrooms: 2
Unit 5
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1611
- Lot Size: 7018
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 52 x 135
- Alley: Yes
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $308.18
- Assessment Year: 1993
- Owner Pays: Water, Other, Gardener
- Tenant Pays: Gas, Electricity
Disclosures and Reports
- Disclosures/Reports: None
- APN: 2233-027-018
Listed by Lyon Stahl Investment Real Estate, Inc., Brandon Evans
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 6501 Woodley Ave —
Brandon Evans
Lyon Stahl Investment Real Estate, Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 6501 Woodley Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Bassett Street Elementary School 15756 Bassett St., Los Angeles, CA 91406 | K-5 | 0.6 mi |
William Mulholland Middle School 17120 Vanowen St., Los Angeles, CA 91406 | 6-8 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6501 Woodley Ave
Tax History
Tax History for 6501 Woodley Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,191
—
$768,695
2%
2024
$10,191
2%
$753,624
2%
2023
$10,011
4%
$738,848
2%
2022
$9,582
1%
$724,361
2%
2021
$9,445
-1%
$710,159
1%
2020
$9,527
4%
$702,878
2%
2019
$9,184
2%
$689,097
2%
2018
$9,046
3%
$675,586
2%
2017
$8,819
3%
$662,340
2%
2016
$8,576
1%
$649,354
2%
2015
$8,461
-1%
$639,601
2%
2014
$8,510
—
$627,073
—
2013
$8,510
—
$624,240
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6501 Woodley Ave
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,391Sq. Ft.
- Townhouse
- Active
- Updated 13 hours ago
- 2Beds
- 3Total Baths
- 1,246Sq. Ft.
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- Townhouse
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,245Sq. Ft.
- Condo
- Active
- Updated 5 hours ago
- 2Beds
- 3Total Baths
- 1,148Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 1,915Sq. Ft.
Listed by Isabel Velez (CalRE#: 01848089) (818) 335-4186 and Alexander Cabrera (CalRE#: 01970285) (818) 201-6322
- Single Family
- Active
- Updated 4 days ago
- 5Beds
- 7Total Baths
- 3,600Sq. Ft.
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6501 Woodley Ave, Van Nuys, CA 91406 (MLS# 26711685) is a Multi-Family property with units containing 10 bedrooms and 0 full bathrooms. 6501 Woodley Ave is currently listed for $1,650,000 and was received on April 13, 2026. Want to learn more about 6501 Woodley Ave? Do you have questions about finding other Multi-Family real estate for sale in Lake Balboa? You can browse all Lake Balboa real estate or contact a Coldwell Banker agent to request more information.