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Listed by Lauren Cearley • Myunits.com Inc.
$ 3,595,000
Est. payment /mo
Active
6700 Balboa Boulevard Van Nuys (los Angeles), CA 91406
8,175 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,175 sqft
Price per Sqft $439
MLS Listing ID CRBB25172555
HOA Y/N No
Year Built 2025
Lot Size 6,123 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
6700 Balboa Blvd is a massive brand-new construction 5-unit luxury townhome community in the heart of Lake Balboa. Just steps from Balboa Park, near the golf course, and completely NON-RENT-CONTROLLED! This trophy asset offers striking curb appeal on a rapidly evolving street and projects a strong 5.83% cap rate with minimal expenses, making it an ideal turnkey addition to any portfolio. Each of the five oversized tri-level townhomes (1,524–1,721 SF) features 4 bedrooms with en-suite baths, expansive living areas, and high-end designer finishes throughout. Interiors include open-concept kitchens with oversized islands, modern cabinetry, stainless steel appliances, high ceilings, large closets, and spacious balconies off both living areas and bedrooms. Additional features include drought-tolerant landscaping, abundant natural light, and private garage parking accessed via a rear alley (preferred by tenants). The property is separately metered for all utilities and has no house meter, keeping utility expenses at zero. A 1-year builder's warranty provides added confidence for investors. Lake Balboa is experiencing extremely low inventory, especially for new construction, contributing to consistently strong tenant demand and low projected vacancy. Located just minutes from the 80-a
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer, Other
Exterior
View City Lights, Other
Building
Lot Description Other
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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