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.

Listing courtesy of Jason Tuvia of Marcus & Millichap

Based on information from the The MLS as of 2026-09-10 05:36 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.