Homes for sale - 7303 Woodley AVE, Van Nuys, CA 91406

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Nick Resendez

nick.resendez@gmail.com +1(714) 271-2565

$ 1,050,000

Est. payment | -/mo

10 Beds

5 Baths

3,640 SqFt

Save

$ 1,050,000

Est. payment | -/mo

Save

10 Beds

5 Baths

3,640 SqFt

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,640 sqft

Price per Sqft $288

MLS Listing ID 25606487

Bedrooms 10

HOA Y/N No

Year Built 1954

Lot Size 6,394 Sqft

Property Description

The property provides investors with both stability and meaningful value-add potential in one of the San Fernando Valley's most in-demand rental markets. The property is comprised entirely of two-bedroom units and features on-site laundry facilities that provide a supplemental revenue stream. With approximately 39% upside in rental income achievable through annual income increases and tenant turnover, the asset presents a compelling opportunity for investors seeking long-term growth. The building totals 3,640 square feet and sits on a 6,394 square foot corner lot, providing excellent visibility along a primary street in the San Fernando Valley. Ownership has diligently maintained the property, including a brand-new roof completed in 2024 and recent upgrades such as resurfaced asphalt in the parking area. As the property does not appear on the Los Angeles Department of Building & Safety's Seismic Retrofit list (Buyer to verify), a new owner is saved from a significant maintenance expense. Positioned in Lake Balboa, the most attractive neighborhood in Van Nuys, tenants benefit from its proximity to the Van Nuys Airport and major employment hubs across the San Fernando Valley. The neighborhood continues to attract renters seeking affordability paired with convenience, making 7303 Woodley Avenue a well-located property with both immediate and future investment appeal.

Location

State CA

County Los Angeles

Area Lkbl - Lake Balboa

Zoning LAR3

Interior

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2205026001

Special Listing Condition Standard

Listed by Roderick 'Rick' Raymundo Marcus & Millichap

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

9

Encino Charter Elementary School

Public | KG - 5
9

Ararat Charter

Public | KG - 5
8

Stagg Street Elementary

Public | PK - 5
8

Valley Charter Elementary School

Public | KG - 5
8

Hesby Oaks Leadership Charter

Public | KG - 8
8

Kester Elementary / Magnet

Public | PK - 5
8

Chandler Learning Academy

Public | KG - 5
7

Lorne Street Elementary

Public | KG - 5
7

Ivy Bound Academy of Math, Science, and Technology

Public | 5 - 8
7

Valor Academy Charter

Public | 5 - 8
6

Lemay Street Elementary

Public | KG - 5
6

Valley Alternative Magnet

Public | KG - 12
6

Gledhill Street Elementary

Public | KG - 5
5

Garden Grove Elementary

Public | KG - 5
5

Bertrand Avenue Elementary School

Public | KG - 5
5

Emelita Academy Charter

Public | KG - 5
5

Newcastle Elementary

Public | KG - 5
5

Dearborn Elementary Charter Academy

Public | KG - 5
5

Cohasset Elementary School

Public | KG - 5
5

Noble Avenue Elementary

Public | KG - 5

Middle Schools 14

8

Oliver Wendell Holmes School

Public | 6 - 8
6

Magnolia Science Academy 2

Public | 6 - 12
5

Mulholland Middle School

Public | 6 - 8
4

Valley Charter Middle School

Public | 6 - 8
4

Robert Fulton College Prep

Public | 6 - 12
2

Vista Middle School

Public | 6 - 8
1

Northridge Middle School

Public | 6 - 8
1

Sepulveda Middle School

Public | 6 - 8
1

Van Nuys Middle School

Public | 6 - 8
0

Northpoint School & Intensive Outpatient Program

Private | 6 - 12
0

Dubnoff Center for Child Development

Private | 7 - 12
0

Valley High School & Learn

Private | 7 - 12
0

Los Angeles Hebrew High School

Private | 7 - 12
0

Options for Youth-Hermosa Beach, Inc.

Public | 7 - 12

High Schools 16

10

High Tech la

Public | 9 - 12
7

Daniel Pearl Journalism & Communications Magnet

Public | 9 - 12
7

Van Nuys Senior High School

Public | 9 - 12
6

Northridge Academy High School

Public | 9 - 12
6

CHAMPS - Charter High School of the Arts - Multimedia and Performing

Public | 9 - 12
5

Birmingham High School

Public | 9 - 12
5

Valor Academy Charter High School

Public | 9 - 12
4

Reseda Charter High School

Public | 9 - 12
3

James Monroe High School

Public | 9 - 12
1

Panorama High School

Public | 9 - 12
0

Zane Grey Continuation

Public | 9 - 12
0

Crespi Carmelite High School

Private | 9 - 12
0

Independence Continuation

Public | 9 - 12
0

Albert Einstein Continuation

Public | 9 - 12
0

Will Rogers Continuation

Public | 9 - 12
0

Cal Burke High School

Public | 9 - 12

School and business data provided by Attom Data.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 271-2565

nick.resendez@gmail.com

7303 Woodley AVE Van Nuys, CA 91406