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Listed by Lauren Cearley • Myunits.com Inc.
$3,595,000
Est. payment /mo
6,123 Sqft Lot
New
6700 Balboa BLD Van Nuys, CA 91406
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB25172555
Style Contemporary
Year Built 2025
Lot Size 6,123 Sqft
Source California Regional MLS
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
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Rooms
Kitchen Dishwasher, Microwave, Oven Range - Gas, Refrigerator, Oven - Electric
Interior
Heating Central Forced Air
Cooling Central AC
Laundry 30, Washer, Dryer, 9
Exterior
Parking Features Garage
Garage Spaces 8.0
Pool 31, None
View Local/Neighborhood, City Lights
Building
Story Three or More Stories
Water Hot Water, District - Public
Architectural Style Contemporary
Others
Tax ID 2231022031
Special Listing Condition Not Applicable
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