$ 3,495,000
-
$3,495,000
Price -
20
Bed -
23
Bath -
8,175
SqFt
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About the Listing bH5345657 - BB42774,BB42064
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-RENTCONTROLLED! Lake Balboa is experiencing extremely low inventory, especially for new construction, contributing to consistently strong tenant demand and low vacancy.This trophy asset offers striking curb appeal on a rapidly evolving street and is fully leased at a strong 5.67% 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 keeping utility expenses at zero. 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, high-demand Valley submarket.
Listing Highlights
Interior Details
- Bedrooms: 20
- Bathrooms: 23 Full
- Appliances: Dishwasher, Electric Oven, Electric Range, Freezer, Microwave
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Landscaped,No Land Lease
- Garage Capacity: 8 car
- Parking Spaces: 8
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Attached Carport
Financial Details
- Tax Amount: $41,499
- Taxes w/Assessments: N/A
- Tax/Property ID: 2231022031
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
6700 Balboa Los Angeles, CA 91406
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