6440 Balboa Blvd
Van Nuys, CA 91406
Lake Balboa
HIGHLIGHTS
- 4 large townhome units averaging ±1,430 SF with 2BR/2.5BA and 3BR/2.5BA layouts.
- All 4 units include 2-car garages supporting leasing for larger floor plans.
- Not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO).
- Each unit has washer dryer hookups and private balconies.
- In-place NOI of $74,779.78 with immediate income on current operations.
- NOI increases from $74,779.78 currently to $106,927.78 at market rents.
FOR SALE DETAILS
PRICE
$1,799,000 USD
PRICE/SF
$314 USD /SF
# OF UNITS
4
PRICE/UNIT
$449,750
CAP RATE
4.16%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
6440 Balboa Blvd
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1990
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.14 AC
LAND SF
6,098 SF
ZONING
RD1.5
APN/PARCEL ID
2231-023-004
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818-206-3982
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818-206-3982
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