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6550 Balboa Blvd, Van Nuys, CA, 91406

8beds
7baths
4,063sqft
$1,575,000
$388price/sqft
$10,823/moest. monthly cost
$432,920/yrincome needed

About This Home

Exceptional income-producing quadruplex in the heart of Lake Balboa! This beautifully maintained 2-story, 4-unit investment property offers a total of 4,018 sq ft of living space on a generous 6,120 sq ft lot. Each unit features 2 bedrooms and 2 bathrooms — a rare and highly desirable configuration for multi-family. The front unit has been recently remodeled with a stunning modern kitchen featuring sleek dark flat-panel cabinetry, quartz countertops, designer glass tile backsplash, and all stainless steel appliances including gas range, microwave, and dishwasher. Bathrooms showcase elegant marble-look porcelain tile, glass-enclosed showers, and contemporary dark vanities with quartz tops. The remaining three units are also updated with granite counters, newer appliances, and refreshed bathrooms. Property highlights include central A/C and forced air heating in every unit, dual-pane windows throughout, durable concrete tile roof, and modern tile flooring. Ample parking with an 8-car attached covered carport accessed via a gated rear alley — tenants never need to use the busy street. The fully fenced and private front yard provides a quiet, secure feel despite the convenient location. Zoned LARD1.5 with strong rental income potential. Ideally situated near shopping, dining, parks, and major freeways for easy commuting. A turnkey investment opportunity with proven cash flow in one of the San Fernando Valley's most sought-after rental markets. Incredible opportunity for an owner-user or investor! This beautifully maintained 4-unit property is perfect for a buyer looking to live in one of the spacious 2-bed/2-bath units while renting out the other three to generate income and offset monthly mortgage payments.

Getting Around

71
WalkingVery Walkable
0
TransitVery Limited Transit
79
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 2000

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: Inside

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 7
  • Full bathrooms: 7
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Cooling

  • Cooling features: Central Air

Features

  • Bedroom on Main Level,Main Level Primary,Walk-In Closet(s)
  • Fireplace features: Dining Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 4,063 sqft

Master Bedroom

  • Features: Main Level Primary

Other

  • Features: Walk-In Closet(s)

Property

Details

  • Parcel number: 2231022044
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 6,122 sqft
  • Features: 2-5 Units/Acre

Parking

  • Total spaces: 8
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 8
  • Covered spaces: 8