$1,595,000
Est. $8,932/mo6550 Balboa, Van Nuys, CA 91406
About this home
Exceptional income-producing quadruplex in the heart of Lake Balboa! This beautifully maintained 2-story, 4-unit investment property offers a total of 4,018 sq ft of living space on a generous 6,120 sq ft lot. Each unit features 2 bedrooms and 2 bathrooms — a rare and highly desirable configuration for multi-family. The front unit has been recently remodeled with a stunning modern kitchen featuring sleek dark flat-panel cabinetry, quartz countertops, designer glass tile backsplash, and all stainless steel appliances including gas range, microwave, and dishwasher. Bathrooms showcase elegant marble-look porcelain tile, glass-enclosed showers, and contemporary dark vanities with quartz tops. The remaining three units are also updated with granite counters, newer appliances, and refreshed bathrooms. Property highlights include central A/C and forced air heating in every unit, dual-pane windows throughout, durable concrete tile roof, and modern tile flooring. Ample parking with an 8-car attached covered carport accessed via a gated rear alley — tenants never need to use the busy street. The fully fenced and private front yard provides a quiet, secure feel despite the convenient location. Zoned LARD1.5 with strong rental income potential. Ideally situated near shopping, dining, parks, and major freeways for easy commuting. A turnkey investment opportunity with proven cash flow in one of the San Fernando Valley's most sought-after rental markets. Incredible opportunity for an owner-user or investor! This beautifully maintained 4-unit property is perfect for a buyer looking to live in one of the spacious 2-bed/2-bath units while renting out the other three to generate income and offset monthly mortgage payments.
infoProperty Facts
Bedrooms
8
Bathrooms
7
Square Feet
4,063
Lot Size
6,122 sqft
Year Built
2000
Property Type
Quadruplex
Days on Market
3
HOA Fee
N/A
Garage Total
8
MLS #
SR26044187
chairInterior Details
General Interior
Interior Features
Bedroom On Main Level, Main Level Primary, Walk In Closets
Fireplace
Dining Room
Kitchen & Appliances
Laundry
Inside
Bed & Bath
Main Level Bedrooms
2
Main Level Bathrooms
2
Climate Control
Cooling
Central Air
garageParking
Total Parking Spaces
8
Garage Spaces
8
deckExterior & Lot
Lot & Grounds
Lot Features
Two To Five Units Acre
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Biking, Curbs, Park
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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