6467 Woodley
Van Nuys, CA, 91406
$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
1
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
$7,246
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $100,000 · Loan: $900,000
- Principal & Interest
- $5,530
- 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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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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