6044 Woodman, Van Nuys, California 91401, Van Nuys, 91401 - 3 bed, 2 bath
6044 Woodman
Van Nuys, California 91401
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6044 Woodman Subject | $1,450,000* List Price | 3 | 2 | 1,888 | $716 | - |
A 13345 Burbank Boulevard Sold | $1,025,000 | 3 | 1 | 1,161 | $883 | 0.7 mi |
B 6051 Sunnyslope Avenue Sold | $1,080,000 | 3 | 2 | 1,740 | $621 | 0.2 mi |
C 13559 Burbank Boulevard Active | $1,799,999 List Price | 3 | 3 | 1,822 | $988 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1949 and marketed primarily as a development opportunity for multifamily housing, the listing explicitly mentions 'structure obsolescence' and the need for demolition to achieve the highest and best use of the LARD1.5 zoned lot. The value is based on the land's potential for a fourplex rather than the condition of the existing 75-year-old residence.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The LARD1.5 zoning on a 6,793 SF lot allows for by-right density of up to 4 units, offering a significant opportunity for multifamily or townhome-style development.
- Strategic Location
Situated in a high-growth corridor of Van Nuys, the property provides excellent proximity to major freeways, employment centers, and public transportation.
- Strong Market Demand
The site is surrounded by ongoing redevelopment and new construction, benefiting from high rental demand and long-term appreciation potential in the heart of Los Angeles.
CONSRISKS & DEFICIENCIES
- Premium Acquisition Cost
The $1.45M list price represents a high entry point for a development site of this size, which may compress profit margins for builders.
- Structure Obsolescence
Built in 1949, the existing residence likely adds minimal value to the land's highest and best use, necessitating demolition costs for new development.
About 6044 Woodman
Exceptional development opportunity in the heart of Los Angeles (91401)! Situated on a generous 6,793 SF lot with desirable LARD1.5 zoning, this property offers outstanding potential for multifamily development with by-right density for up to 4 units. Ideal for developers, investors, or builders looking to capitalize on one of the Valley’s most active growth corridors. The property’s prime location offers close proximity to major freeways, employment centers, shopping, dining, and public transportation. Surrounded by ongoing redevelopment and new multifamily construction, this site presents endless possibilities for a fourplex, townhome-style residences, or income-producing investment. Strong rental demand and continued area growth make this a rare and valuable opportunity for long-term appreciation and development potential. Buyer to verify all development possibilities with the City of Los Angeles.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 6,793 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,888 | 1,838.5 | 54% |
| Lot Size | 6,793 | 6,849 | 50% |
| Price | $1.45M | $1.30M | 70% |
| Price per sq ft | $768 | $730 | 64% |
| Built year | 1949 | 1951 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 171 | 1% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,450,000
Initial Listing
Sold
May 31, 2005
$720,000
Public Record
Sold
Sep 9, 1998
$130,000
Public Record
Sold
May 20, 1994
$154,500
Public Record