See all 42 photos
42 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Lauren Cearley • Myunits.com Inc.
$3,495,000
Est. payment /mo
8,175 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 8,175 sqft
Price per Sqft $427
MLS Listing ID BB-26165783
Year Built 2025
Lot Size 6,123 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
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-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.
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.
Location
State CA
County Los Angeles
Interior
Heating Central
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Attached Carport
Garage Spaces 8.0
Pool None
Community Features Sidewalks
View Y/N Yes
View City Lights
Building
Lot Description Landscaped
Sewer Public Sewer
Read Less Info
Nearby Locations
GET MORE INFORMATION
John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900