$975,000
 $5,234 est/mo Sourced by Back At You

5623 Woodman Avenue,Los Angeles, CA 91401

Los Angeles, CA 91401

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Description

We are pleased to present a triplex located at 5623 Woodman Ave in Van Nuys, California. The subject property is located in a great Van Nuys location, just north of Burbank Blvd and west of Fulton Ave. Located in Van Nuys adjacent to Sherman Oaks, this triplex features a front house and rear duplex, presenting an excellent owner-user and value-add opportunity. One unit will be delivered vacant in partially stripped condition, allowing for comprehensive renovation and repositioning, while approximately 25% rental upside enhances income potential. The property includes three garage parking spaces with potential for ADU conversion, subject to buyer verification. A charming, shared courtyard and mature landscaping provide privacy, shade, and outdoor leisure space. The property also qualifies for 30 year fixed residential financing and offers convenient access to major commercial corridors, the 101, 405, and 170 freeways, Metro Orange Line, recreation, dining, shopping, and everyday amenities throughout Van Nuys and Sherman Oaks. With a flexible triplex layout, vacant value-add unit, strong rental upside, ADU potential, and a great central Van Nuys location, the property presents a compelling opportunity for both owner-users and investors.

Details

MLS #26873871
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1942
Days On Site14
Listing Provided ByMarcus & Millichap | Jason Tuvia

Features

Bed(s)5
Bath(s)4
SQ Feet2,354
Story(s)2
Units3
Building(s)2
ZoningLARD1.5
Acreage0.13

Parking

Parking FeaturesDoor Multi, Garage

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code91401
AreaVG Valley Glen
Listing VS Median (in 91401)
Price:
$975,000
low | high
Med:
$1,750,000
29.487179487179% of Average
sqft:
2,354
low | high
Med:
6,478
100% of Average
$ / sqft:
$414
low | high
Med:
$270
84.77727377079% of Average
On site:
14
low | high
Med:
34
41.176470588235% of Average
Sourced by Back At You

Market Activity 91401

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Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code91401
AreaVG Valley Glen
Listing VS Median (in 91401)
Price:
$975,000
low | high
Med:
$1,750,000
29.487179487179% of Average
sqft:
2,354
low | high
Med:
6,478
100% of Average
$ / sqft:
$414
low | high
Med:
$270
84.77727377079% of Average
On site:
14
low | high
Med:
34
41.176470588235% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $731K - $1.218M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
5816 Woodman Ave Property Photo 1
$1,016,000
5816 Woodman Ave
Van Nuys, CA 91401
Listing Updated: August 21, 2026 at 10:11:31 PM PDT
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