6700 Balboa Boulevard Active Save Request In-Person Tour Request Virtual Tour
Van Nuys,CA 91406
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 8,175 sqft
Price per Sqft $439
MLS Listing ID BB-25172555
Style Modern
Year Built 2025
Lot Size 6,123 Sqft
Property Sub-Type Quadruplex
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-acre Lake Balboa Park, the golf course, Ventura Blvd, and major job hubs like Kaiser Permanente and CSUN, this property is also surrounded by local hotspots like Salsa & Beer, House Roots Coffee, and The Drunken Crab. With quick access to the 101 and 405 freeways, this location offers unbeatable convenience. A rare, low-maintenance, cash-flowing asset in a supply-constrained, highdemand Valley submarket. Schedule your private showing before it hits the market.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LARD1.5
Interior
Interior Features Open Floorplan,Recessed Lighting
Heating Central
Fireplaces Type None
Laundry Dryer Included,Electric Dryer Hookup,Washer Hookup,Washer Included
Exterior
Exterior Feature Lighting
Parking Features Garage
Garage Spaces 8.0
Pool None
Community Features Sidewalks,Street Lights
View Y/N Yes
View City Lights
Building
Lot Description Landscaped
Sewer Public Sewer