Back 7303 Woodley Avenue
Off Market

7303 Woodley Avenue

Los Angeles CA 91406

10
5
5
3640 sq. ft.
6394 sq. ft.
Other
Last sold for $998,000
Roderick 'Rick' RaymundoRoderick 'Rick' Raymundo, last sold this property on 04 December 2025 after 49 days on market.

Overview

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.

Features

10 bedrooms
5 bathrooms
5 carspaces
3640 sq. ft. floor area
6394 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 10 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 7303 Woodley Avenue

2025
Sold
$998,000
04 Dec 2025 by Roderick 'Rick' Raymundo, of Marcus & Millichap
2024
Sold
$950,000
29 Apr 2024 by Filip Niculete, of Marcus & Millichap

Happy sellers in Los Angeles

88%
88% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Los Angeles over the last 12 months.

Local market activity for 10 bedroom other properties in Los Angeles

In the last 12 months, 1 numeral.10-bedroom other similar to 7303 Woodley Avenue, have been sold.

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