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  • Key Facts
  • Description
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Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes $43,126
Days Active 4
Lot Size 
Approx. Age 2025
MLS® Number BB25172555

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberBB25172555
Laundry LevelWasher Hookup, Electric Dryer Hookup
Central VacNo
FireplaceNo
Acreage0.1406
ExteriorLighting
GarageYes
Approx. Age2025
Basement
DrivewayGarage
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel

Extras

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