6401 Odessa Avenue,Lake Balboa, CA 91406
Lake Balboa, CA 91406
Description
Welcome to 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 5.84% 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 showerheads 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!
Details
| MLS# | 24464521 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2024 |
| Days On Site | 174 |
| Listing Provided By | Power Brokers 424-738-5900 | Michael Fitzgerald |
Features
| Bed(s) | 22 |
|---|---|
| Bath(s) | 21 |
| SQ Feet | 9,014 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 7 |
| Building(s) | 3 |
| Zoning | LAR3 |
| Acreage | 0.17 |
| Golf Course | Yes |
| Property View | Yes |
Market Activity 91406
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lake Balboa |
| Zip Code | 91406 |
| Area | LKBL Lake Balboa |
| Listing VS Median (in 91406) | |
Price: $4,195,000 low | high Med: $809,748 SqFt: 9,014 low | high Med: 1,240 $ / SqFt: $465 low | high Med: $658 On site: 174 low | high Med: 120.000000 | |