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6700 Balboa Blvd
Van Nuys, CA 91406
Rare, 5-Unit, New Const. In Prime Lake Balboa · Multifamily Property For Sale
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5 Units
Investment Highlights
- NO RENT CONTROL!
- MASSIVE units with premium floorplans.
- High income producing unit mix of ALL 4 bedroom units!
- Outstanding projected cap rate of 5.83%! Cash cow.
- The best curb appeal you'll find on this rapidly gentrifying street!
- All units separately metered for electric AND water (no gas on property)! Very low expenses!
Property Facts
| No. Units | 5 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 15,781 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2025 |
| Building Class | B | Parking Ratio | 0.98/1,000 SF |
| Zoning | LAR1.5 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 15,781 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 0.98/1,000 SF |
| Zoning | LAR1.5 |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Handrails
- Instant Hot Water
- Loft Layout
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Gated
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4.5 | 1 | $4,500 | 1,534 |
| 4+4.5 | 1 | $4,500 | 1,524 |
| 4+4 | 1 | $4,500 | 1,698 |
| 4+4 | 1 | $4,500 | 1,698 |
| 4+4.5 | 1 | $4,500 | 1,721 |
Property Taxes
| Parcel Number | 2231-022-031 | Improvements Assessment | $1,093,060 |
| Land Assessment | $1,087,738 | Total Assessment | $2,180,798 |
Property Taxes
Parcel Number
2231-022-031
Land Assessment
$1,087,738
Improvements Assessment
$1,093,060
Total Assessment
$2,180,798
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