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6420–6422 Hanna Ave 6420 Hanna Ave 4 Unit Apartment Building $3,521,113 CAD ($880,278 CAD/Unit) 6.18% Cap Rate Woodland Hills, CA 91303
Investment Highlights
- Seller has approved plans to add an ADU to the Garage Space
- Highly Desirable Unit Mix: (2) Three-Bedroom / 2.5-Bath Townhomes and (2) Four-Bedroom / 3-Bath Townhomes
- Private, Fully Fenced Patios for Each Unit
- 4-Unit Townhome Community | Completed in 2025 - Not Subject to Rent Control
- Brand-New Construction with Premium Modern Finishes
- Two Dedicated Parking Spaces per Unit
Executive Summary
The Sterman Multi-Family Group of Marcus & Millichap is pleased to present 6420–6422 Hanna
Ave, a newly built four-unit townhome community in the heart of Woodland Hills. Constructed in
2025, the property offers approximately 5,242 square feet of modern residential living on a 6,914
square foot lot, featuring two (2) three-bedroom, two-and-a-half-bath townhomes and two (2)
four-bedroom, three-bath townhomes. Each unit showcases spacious layouts, private patios,
premium finishes, and abundant natural light—delivering strong renter appeal and minimal
near-term maintenance.
Directly across from Westfield Topanga & The Village, the property offers unmatched walkability to top
dining, shopping, and entertainment, including Target, Starbucks, Fogo de Chão, Fleming’s, CAVA,
Shake Shack, Costco, and 24 Hour Fitness. With the 101 Freeway just one mile away, residents enjoy
seamless access to Warner Center, Calabasas, and the greater San Fernando Valley. The area is also
experiencing significant revitalization driven by LA Rams owner Stan Kroenke, who has acquired and
redeveloped major nearby sites, including the newly built Rams training facility located just five minutes
from the property.
Additional features include two parking spaces per unit, open-concept living areas, brand-new kitchen
appliances, new washer and dryer sets, custom cabinetry, designer fixtures, and central air conditioning
and heating. Combining its prime location with best-in-class construction, 6420–6422 Hanna Ave
represents a compelling investment opportunity in a high-demand Woodland Hills rental market.
**Buyer to independently verify unit configuration. Property is legally permitted as a duplex with two accessory dwelling units (ADUs).
* * Building and unit square footage figures are approximate and may be based on architectural plans or preliminary documents. Actual as-built dimensions and rentable area may vary. Neither Seller nor Broker makes any representation or warranty as to accuracy. Buyer to independently verify
Ave, a newly built four-unit townhome community in the heart of Woodland Hills. Constructed in
2025, the property offers approximately 5,242 square feet of modern residential living on a 6,914
square foot lot, featuring two (2) three-bedroom, two-and-a-half-bath townhomes and two (2)
four-bedroom, three-bath townhomes. Each unit showcases spacious layouts, private patios,
premium finishes, and abundant natural light—delivering strong renter appeal and minimal
near-term maintenance.
Directly across from Westfield Topanga & The Village, the property offers unmatched walkability to top
dining, shopping, and entertainment, including Target, Starbucks, Fogo de Chão, Fleming’s, CAVA,
Shake Shack, Costco, and 24 Hour Fitness. With the 101 Freeway just one mile away, residents enjoy
seamless access to Warner Center, Calabasas, and the greater San Fernando Valley. The area is also
experiencing significant revitalization driven by LA Rams owner Stan Kroenke, who has acquired and
redeveloped major nearby sites, including the newly built Rams training facility located just five minutes
from the property.
Additional features include two parking spaces per unit, open-concept living areas, brand-new kitchen
appliances, new washer and dryer sets, custom cabinetry, designer fixtures, and central air conditioning
and heating. Combining its prime location with best-in-class construction, 6420–6422 Hanna Ave
represents a compelling investment opportunity in a high-demand Woodland Hills rental market.
**Buyer to independently verify unit configuration. Property is legally permitted as a duplex with two accessory dwelling units (ADUs).
* * Building and unit square footage figures are approximate and may be based on architectural plans or preliminary documents. Actual as-built dimensions and rentable area may vary. Neither Seller nor Broker makes any representation or warranty as to accuracy. Buyer to independently verify
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $3,521,113 CAD | Property Subtype | Apartment |
| Price Per Unit | $880,278 CAD | Building Class | B |
| Sale Type | Investment | Building Size | 5,242 SF |
| Cap Rate | 6.18% | Average Occupancy | 75% |
| Gross Rent Multiplier | 11.31 | No. Stories | 3 |
| No. Units | 4 | Year Built | 2025 |
| Property Type | Multifamily | ||
| Zoning | LARS | ||
| Price | $3,521,113 CAD |
| Price Per Unit | $880,278 CAD |
| Sale Type | Investment |
| Cap Rate | 6.18% |
| Gross Rent Multiplier | 11.31 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Building Size | 5,242 SF |
| Average Occupancy | 75% |
| No. Stories | 3 |
| Year Built | 2025 |
| Zoning | LARS |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 2 | $5,857 CAD | - |
| 4+3 | 2 | $6,694 CAD | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2139-002-025 | Improvements Assessment | $250,720 CAD |
| Land Assessment | $1,002,882 CAD | Total Assessment | $1,253,603 CAD |
Property Taxes
Parcel Number
2139-002-025
Land Assessment
$1,002,882 CAD
Improvements Assessment
$250,720 CAD
Total Assessment
$1,253,603 CAD
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