6440 Balboa Boulevard,Lake Balboa, CA 91406
Lake Balboa, CA 91406
Description
Built in 1990, this gated four-unit townhouse-style apartment property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), offering investors significantly less restricted rental upside. With an excellent location in Lake Balboa, adjacent to Encino, the property also had central HVAC installed in 2019. The property features an attractive unit mix of two 2-bedroom, 2.5-bath units and two 3-bedroom, 2.5-bath units, averaging approximately 1,430 square feet each. Every unit offers a spacious open floor plan with a fireplace, large kitchen, private balcony, washer/dryer hookups, and an oversized attached two-car garage. Two units have also been updated with waterproof laminate flooring throughout the downstairs living areas and bathrooms. There is presently a single water bill, however, there are separate water meters installed for each unit.
Details
| MLS # | 26865459 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1990 |
| Days On Site | 35 |
| Listing Provided By | Matthews Real Estate Investment Services | Daniel Withers |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 12 |
| SQ Feet | 5,721 |
| Story(s) | 3 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.14 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Assigned, Concrete, On Street |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lake Balboa |
| Zip Code | 91406 |
| Area | LKBL Lake Balboa |
| Listing VS Median (in 91406) | |
Price: $1,799,000 low | high Med: $2,970,000 sqft: 5,721 low | high Med: 7,593 $ / sqft: $314 low | high Med: $411 On site: 35 low | high Med: 50 | |
Market Activity 91406
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lake Balboa |
| Zip Code | 91406 |
| Area | LKBL Lake Balboa |
| Listing VS Median (in 91406) | |
Price: $1,799,000 low | high Med: $2,970,000 sqft: 5,721 low | high Med: 7,593 $ / sqft: $314 low | high Med: $411 On site: 35 low | high Med: 50 | |