6870 Woodley Avenue
Van Nuys, CA 91406
Listing broker / agent: eXp Realty of California, Inc · Edward Kaminsky · 310-427-2414 · CRMLS
MLS # SB26191649 · Last checked Oct 20, 2026 12:22 UTC
About this property
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.
Property details
- MLS number
- SB26191649
- Status
- Active Under Contract (Backup)
- Type
- Residential Income
- Subtype
- Quadruplex
- Lot size
- 0.2071 acres
- County
- Los Angeles
- Year built
- 1954
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 47
Building
- Year built
- 1954
- Year built source
- Public Records
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
- Construction
- Stucco
- Roof
- Composition
- Condition
- Fixer
Rooms & interior
- Rooms
- Kitchen, Living Room
- Appliances
- Gas Range, Water Heater
- Flooring
- Carpet, Wood
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
- Fireplace
- None
- Laundry
- See Remarks
Exterior & parking
- Total parking spaces
- 4
- Garage spaces
- 0
- Carport spaces
- 4
- Parking
- Assigned, Carport, Driveway, On Site, Oversized
- Pool
- None
- Spa
- None
- Lot features
- Corner Lot, Level
- Lot size source
- Assessor
- Fencing
- Chain Link
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Community features
- Curbs, Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Bassett Street Elementary (school website, opens in a new tab) Los Angeles Unified · Lake Balboa | K–5 | 0.4 mi |
| Cohasset Street Elementary (school website, opens in a new tab) Los Angeles Unified · Lake Balboa | K–5 | 0.9 mi |
| Lake Balboa College Preparatory Magnet K-12 (school website, opens in a new tab) Los Angeles Unified · Lake Balboa | K–12 | 1.1 mi |
| Daniel Pearl Journalism & Communications Magnet (school website, opens in a new tab) Los Angeles Unified · Lake Balboa | 9–12 | 1.1 mi |
| Independence Continuation (school website, opens in a new tab) Los Angeles Unified · Lake Balboa | 9–12 | 1.1 mi |
| Columbus Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Van Nuys | K–5 | 1.1 mi |
| Gault Street Elementary (school website, opens in a new tab) Los Angeles Unified · Lake Balboa | K–5 | 1.2 mi |
| William Mulholland Middle (school website, opens in a new tab) Los Angeles Unified · Lake Balboa | 6–8 | 1.3 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $890,000
- MLS-reported original asking price
- $890,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 10, 2026 14:34 | $890,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Van Nuys
Active residential homes for sale in Van Nuys, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
14 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-20 12:49 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗