Try Advanced Home Search

Hometuity Connects Directly To The MLS and Updates Every 5 Minutes

Property Description

Introducing 6401 Odessa Ave., a brand-new 7-unit multifamily complex in the heart of Lake Balboa, offering modern luxury and outstanding convenience. With a projected yearly income of $321,600 and a strong projected 6.24% cap rate, this property is a top-tier investment opportunity. Nestled steps away from the Van Nuys Golf Course and with seamless access to major freeways, this property is ideally located to attract tenants seeking a combination of comfort and accessibility. Each unit features soaring 9 and 10-foot ceilings, custom kitchens with state-of-the-art appliances, and massive windows that flood interiors with natural light. Select bathrooms offer spa-like rainfall shower heads and sprayers. While on the exterior, the grounds are furnished with low-maintenance landscaping which enhances the property’s aesthetic appeal. A massive gated entrance will ensure privacy and security, further complementing the property’s high-end features. To bolster safety, the property is equipped with 10 security cameras, accessible via a mobile app for real-time monitoring and peace of mind. Nearby amenities include Lake Balboa Park, the Sepulveda Basin Recreation Area, and a range of dining options such as Salsa & Beer and The Drunken Crab. Shopping and entertainment hubs like The Sherman Oaks Galleria and Van Nuys Plaza are also just minutes away. The property provides ample on-site parking, with additional street parking in the quiet neighborhood surrounded by single-family homes. Combining luxury features, a prime location, and robust financial potential, 6401 Odessa Ave is an unparalleled opportunity in the thriving Van Nuys market. Schedule your tour today to see everything this exceptional property has to offer!

Features
: Central
: Central Air
: Hills, Mountain(s), Golf Course
3
: Dryer Included, Washer Included
0
Additional Information
Power Brokers
0
CLW-C125316
CLW-X75379
Michael
2231005032
: Standard
Multi/Split,One
32

Multi-Family For Sale

6401 Odessa Avenue, Lake Balboa, California 91406

9,014 Sqft
$3,995,000
Listing ID #25509355
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 25509355
Price : $3,995,000
Living Area : 9,014 Sqft
Lot Size : 7,367 Sqft
Year Built : 2024
Country : US
State : California
County : Los Angeles
City : Lake Balboa
Zipcode : 91406
Price Per Square Foot : $443
ModificationTimestamp : 2025-03-10 17:06:52
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent