6924 Woodman Ave

Van Nuys, CA 91405

$4,075,000
Price
22
Beds
22
Baths
11,258 Sq. Ft.
$362 / Sq. Ft.
11,258
Sq. Ft.
$362
per Sq. Ft.

Description

6924 Woodman Avenue, a non-RSO 12-unit multifamily investment opportunity located in the vibrant neighborhood of Van Nuys, CA 91405. Built in 1989, the 11,258 SF property is situated on a 16,425 SF LAR3-zoned lot and is not subject to the Los Angeles Rent Stabilization Ordinance (RSO), offering investors greater flexibility in rent growth and repositioning strategies. The three-story building comprises 12 units, including (2) one-bedroom/one-bath units and (10) two-bedroom/two-bath units, along with...6924 Woodman Avenue, a non-RSO 12-unit multifamily investment opportunity located in the vibrant neighborhood of Van Nuys, CA 91405. Built in 1989, the 11,258 SF property is situated on a 16,425 SF LAR3-zoned lot and is not subject to the Los Angeles Rent Stabilization Ordinance (RSO), offering investors greater flexibility in rent growth and repositioning strategies. The three-story building comprises 12 units, including (2) one-bedroom/one-bath units and (10) two-bedroom/two-bath units, along with 24 on-site parking spaces and fee simple ownership. The property has been recently improved with a brand-new roof, new boiler, and copper plumbing throughout, significantly reducing near-term maintenance costs and ensuring long-term operational efficiency. Three washers and two dryers, owned by the property, generate additional income and enhance tenant convenience. Furthermore, the building is fully compliant with SB-721 balcony and deck inspection requirements, eliminating future compliance costs for ownership. Ideally located in Van Nuys, one of the San Fernando Valley's most accessible and established rental submarkets, residents benefit from proximity to major employment centers, transit corridors, schools, and entertainment destinations across Los Angeles. With its desirable construction vintage, modern upgrades, and strong physical fundamentals, 6924 Woodman Avenue offers investors a stabilized, low-maintenance multifamily asset with both income stability and long-term growth potential in a prime Los Angeles location.

Property Details for 6924 Woodman Avenue

Water Front
None
Zoning
LAR3
Style
Mediterranean
Parcel Number
2328010026
Total Units
12.0
Living Area
11258
Source Living Area
Vendor Enhanced
Area
Valley Glen (VG)
LISTING UPDATED: 10/21/2025 12:06 AM

Property Details for 6924 Woodman Avenue

StatusActive
MLS #25605263
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1989
Lot Size0.38 AC / 16,425 SF
CountyLos Angeles County

Location

Listing Courtesy of Tony Azzi, Tony Azzi, DRE #00910513
Add your commute

Building Information for 6924 Woodman Avenue

Stories3Residences-Year Built1989Building Size-Lot Size0.38 AC / 16,425 SF

Payment Calculator

$21,167 per month

30 year fixed, 6.28% Interest

Principal and Interest

$20,136

Property Taxes

$1,031

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6924 Woodman Avenue

Community / Development
Community / Development
  • Number Of Units: 12
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: Market/Affor
  • View: Yes
  • View Description: Walk Street
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $344,441
  • Net Operating Income: $212,929.00
  • Gross Income: $355,020
  • Cap Rate: 5.23%
  • Gross Rent Multiplier: $11.56
  • Actual Annual Gross Rent: $352,620.00
  • Actual Rent Total: $29,385.00
  • Vacancy Allow Dollar: $10,579.00
  • Total Annual Expense: 131513
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3772
  • Lot Size Square Feet: 16425
  • Lot Size Dimensions: 80x205
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Subterranean, Private, Driveway
  • Total Parking: 24
  • Parking Features: Subterranean, Private, Driveway
Interior Features
Interior Features
  • Levels: Three Or More
  • Cooling: Other
  • Cooling Type: Other
  • Heating: Other
  • Heating Type: Other
  • Equipment: Washer, Dryer
  • Laundry: Community, Laundry Area
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-13-2025
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,218.00
  • Unit Actual Rent: $4,435.00
  • Unit Projected Rent: $5,140.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,495.00
  • Unit Actual Rent: $24,950.00
  • Unit Projected Rent: $26,500.00
  • Like Units: 10
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $533,389.00
  • Assessed Improvement Percent: 62.09
  • Assessed Land Value: $325,725.00
  • Assessed Land Percent: 37.91
  • Assessed Total Value: $859,114.00

Property History for 6924 Woodman Avenue

DateEvent & SourcePriceAppreciation
Oct 13, 2025

Listed (Active)

CRMLS #25605263

$4,075,000—
Oct 13, 2025

Listed (Active)

CLAW #25605263

$4,075,000—
DateEvent & SourcePrice
10/13/2025

Listed (Active)

CRMLS #25605263

$4,075,000
10/13/2025

Listed (Active)

CLAW #25605263

$4,075,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6924 Woodman Avenue

Taxable ValueLand$332,239Additions$544,056Total$876,295
Tax Record2025$12,370 ($1,031 / month)
Home Facts
Total Finished SqFt11,258 SqFtAbove Grade Finished SqFt11,258 SqFtStories1Lot Size16,425 SqFtStyleMulti-Family Res (5+ Units)Year Built1989ZoningLAR3CountyLOS ANGELESAPN2328-010-026

Schools near 6924 Woodman Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Kittridge Street Elementary School
Public - K to 5
James Madison Middle School
Public - 6 to 8
Van Nuys Senior High School
Public - 9 to 12
Girls Athletic Leadership School Los Angeles
Charter - 6 to 8
Rating
School
Distance
Kittridge Street Elementary School
PublicK to 5

James Madison Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

Girls Athletic Leadership School Los Angeles
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 6924 Woodman Avenue, Van Nuys, CA 91405

6924 Woodman Avenue is a multi-family home for sale in Van Nuys, CA 91405. This property was listed for sale on October 13, 2025 by Tony Azzi, it's currently listed at $4,075,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Kittridge Street Elementary School, James Madison Middle School and Van Nuys Senior High School. 6924 Woodman Avenue is a 22-bed, 22-bath, 11,258 sqft multi-family home built in 1989.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tony Azzi, Tony Azzi, DRE #00910513

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.