6614 Balboa Boulevard

Van Nuys, CA 91406

$1,879,000
Price
8
Beds
7
Baths
3,919 Sq. Ft.
$479 / Sq. Ft.
3,919
Sq. Ft.
$479
per Sq. Ft.

Description

REDUCED 120k. Great to own this Investment property and 3 units are new construction in 2017. Prime Lake Balboa location just North of Victory Blvd. Four plex with excellent mix units in one building. Front unit is the house built in1950 and in good condition. Front unit is the house built in1950 and in good condition (3bed/2 bath) and back 3 units, 2 units are (2bed/2bath) and 1 unit is (1bed/1bath). All 3 units built in 2017. 3 units are occupied. Total living area is 3919 SF. All four units together...REDUCED 120k. Great to own this Investment property and 3 units are new construction in 2017. Prime Lake Balboa location just North of Victory Blvd. Four plex with excellent mix units in one building. Front unit is the house built in1950 and in good condition. Front unit is the house built in1950 and in good condition (3bed/2 bath) and back 3 units, 2 units are (2bed/2bath) and 1 unit is (1bed/1bath). All 3 units built in 2017. 3 units are occupied. Total living area is 3919 SF. All four units together have 8 beds and 7 baths. All units have washer Dryer hook ups. Front house has granite kitchen counter and a sink, stove and cabinets and laminated wood flooring. All other back 3 units built on 2017 have new granite counters, new stoves and new cabinets, new laminated wood flooring and Washer/ Dryer hookups. Each unit has 2 parking spaces (Tandem). Totals parking are 8 parking spaces. Parking entrance from ally and gated remote controlled. This Investment property is close to the Restaurants, Grocery stores, dinning places, walking distance to near orange line station. Close to Hwy 101 and 405. Close to lake Balboa/ Anthony Park. All schools elementary, middle and High Schools are less than a mile from the property. This property won't last too long.
  1. Listed by Sudha Agarwal • DRE #01158446 • Brokerage DRE #01897136 • Century 21 Peak • 818-917-0338

Property Details for 6614 Balboa Boulevard

Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
3919
Assessor Parcel Number
2231-022-076

Location

Listing Courtesy of Century 21 Peak, Sudha Agarwal, DRE #01158446
Add your commute
LISTING UPDATED: 04/08/2024 12:14 AM

Property Details for 6614 Balboa Boulevard

StatusActive
MLS #SR24009102
Days on Market100
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.14 AC / 6,120 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Peak, Sudha Agarwal, DRE #01158446
Add your commute

Building Information for 6614 Balboa Boulevard

Stories2Residences-Year Built1950Building Size-Lot Size0.14 AC / 6,120 SF

Payment Calculator

$11,829 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,254

Property Taxes

$1,575

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6614 Balboa Boulevard

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $114,540
  • Gross Scheduled Income: $114,540
  • Gross Operating Income: $114,540
  • Net Operating Income: $100,260
  • Cap Rate: 5.0
Expense Details
  • Operating Expense: $14,280
  • Gardener Expense: $960
  • Electric Expense: $720
  • Insurance Expense: $2,400
  • Trash Expense: $600
  • Water Sewer Expense: $9,600
  • Total Expenses: $14,280
Tax / Assessment Info
  • Tax Tract Number: 16189
  • Tax Census Tract: 132101/1009
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 16
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Valley
Property / Structure Info
Interior Features
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Disposal
  • Equipment: Dishwasher, Gas Or Electric Dryer Hookup, Washer Hookup
  • Interior Features: Granite Counters
  • Room Type: Main Floor Bedroom
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate, Wood
Exterior Features
  • Construction Materials: Other
  • Exterior Construction: Other
  • Exterior: Other/Remarks
  • Entry Location: 2
  • Other Structures: Outbuilding
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Green Info
  • Green Energy Efficient: Appliances, Construction, Doors, Exposure/Shade, HVAC, Insulation, Lighting, Roof, Thermostat, Water Heater, Windows
  • Green Water Conservation: Flow Control
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Electric: Electricity Connected, Natural Gas Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Auto Driveway Gate, Direct Entrance
  • Parking Garage Spaces: 0
  • Carport Spaces: 8
  • Parking Features: Auto Driveway Gate, Direct Garage Access
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,050
  • Unit Type Total Rent: $3,050
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,750
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,145
  • Unit Type Total Rent: $2,145
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Disposal: 4

Property History for 6614 Balboa Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6614 Balboa Boulevard

Taxable ValueLand$612,440Additions$918,660Total$1,531,100
Tax Record2023$18,900 ($1,575 / month)
Home Facts
Total Finished SqFt3,919 SqFtAbove Grade Finished SqFt3,919 SqFtLot Size6,018 SqFtStyleQuadraplexYear Built1950ZoningLARD1.5CountyLOS ANGELESAPN2231-022-076

Schools near 6614 Balboa Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Public - K to 5
Rating
School
Distance
Gault Street Elementary School
PublicK to 5

William Mulholland Middle School
Public6 to 8

Birmingham Community Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

6614 Balboa Boulevard is a multi-family home for sale in Van Nuys, CA 91406. This property was listed for sale on January 19, 2024 by Century 21 Peak, it's currently listed at $1,879,000. It has been on the market for a total of 100 days and was last sold on August 4, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Gault Street Elementary School, William Mulholland Middle School and Birmingham Community Charter High School. 6614 Balboa Boulevard is a 8-bed, 7-bath, 3,919 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Peak, Sudha Agarwal, DRE #01158446

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.