CA > Van Nuys
Van Nuys, CA 91406,6700 Balboa Boulevard
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Van Nuys, CA 91406,6700 Balboa Boulevard
Van Nuys, CA 91406,6700 Balboa Boulevard
Van Nuys, CA 91406,6700 Balboa Boulevard
Van Nuys, CA 91406,6700 Balboa Boulevard
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Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

+1(805) 795-1880
Listed by Lauren Cearley • Myunits.com Inc.
$ 3,595,000
Est. payment /mo
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Active

6700 Balboa Boulevard Van Nuys, CA 91406

8,175 SqFt

UPDATED:

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

Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

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6700 Balboa Boulevard