$1,000,000
MLS: SR26055918
Beds
4
Baths
2
Sq Ft
1,576
Lot
0.16 ac
Year Built
1953
MLS #
SR26055918
Days on Market
92
Listed
Mar 13, 2026
Description
A rare RD 1.5 development opportunity in the heart of Lake Balboa. Welcome to 6467 Woodley Ave, a charming single-story home located in the desirable Lake Balboa / Van Nuys neighborhood. This 3-bedroom, 1-bath residence offers approximately 1,176 sq ft of living space on a generous 7,000+ sq ft lot, presenting an excellent opportunity for homeowners, investors, or developers. The home features a functional floor plan with comfortable living spaces, abundant natural light, and great potential to update or expand. The spacious lot provides plenty of room for outdoor living, entertaining, or future possibilities such as an ADU (buyer to verify). Ideally situated just moments from parks, golf courses, shopping, dining, and major freeways, including easy access to the nearby Woodley Lakes Golf Course and Lake Balboa Park, offering scenic walking paths, recreation, and open green spaces. With its prime location and strong potential, this property is a fantastic opportunity in one of the San Fernando Valley’s most convenient neighborhoods.
Location
Van Nuys, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Zeev Perez · Equity Union
Payment estimate
$7,417
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $100,000 · Loan: $900,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,700
- Property tax (1.25%)
- $1,042
- Homeowners insurance
- $300
- Mortgage insurance
- $375
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Van Nuys home with as little as 3.5% down using an FHA loan — roughly $35,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Van Nuys, CA 91406 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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