6512 Balboa Boulevard, Van Nuys, CA 91406
6512 Balboa Boulevard, Van Nuys, CA 91406
6512 Balboa Boulevard, Van Nuys, CA 91406
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$1,275,000
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5 Beds
4 Baths
6,235 Sqft Lot
New

6512 Balboa Boulevard Van Nuys, CA 91406

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26221802

Bedrooms 5

Lot Size 6,235 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Outstanding investment opportunity in a convenient Van Nuys location! Situated on a prominent corner lot, this four-unit residential income property offers approximately 4,726 square feet of building area on a 6,235-square-foot parcel, presenting an appealing opportunity for investors seeking a multifamily acquisition with long-term income potential. Originally constructed in 1952 and substantially expanded in the early 1990s, the two-story property features four generously sized residential units, previously configured as three 3-bedroom, 2-bathroom units and one 2-bedroom, 2-bathroom unit. The exterior features stucco construction, established landscaping, mature trees, colorful flowering bougainvillea, gated pedestrian access, individual exterior entries, and concrete walkways connecting the residences. Rear alley access leads to a substantial off-street parking area with covered parking, an especially desirable convenience for a multifamily property. Previous listing information indicates separate gas and electric meters serving the four units and a common water meter. The property's substantial unit sizes, established residential configuration, and potential for future improvements and income growth make it an appealing opportunity for investors looking to expand or establish a rental portfolio, subject to existing tenancies and applicable regulations. Conveniently located near Lake Balboa, the Sepulveda Basin Recreation Area, Woodley Lakes Golf Course, shopping, dining, public transportation, and the 101 and 405 freeways. An opportunity to acquire a four-unit property

Location

State CA

County Los Angeles

Zoning Assessor

Direction On Balboa Blvd, between Victory Blvd and Vanowen St.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 2231023055

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition REO


MLS Router / San Diego MLS
Listed by Stephanie Vitacco, DRE#00985615 Equity Union 

NEARBY SCHOOL & BUSINESS

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Kurt Wannebo

Kurt Wannebo

Broker Associate CA Dre# 01468255

+1(858) 405-5878

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6512 Balboa Boulevard