6401 Odessa Avenue, Lake Balboa, CA 91406
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- MLS#: 24464521 ( )
- Street Address: 6401 Odessa Avenue
- Viewed: 6
- Price: $4,249,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2024
- Bldg sqft: 0
- Days On Market: 33
- Additional Information
- County: LOS ANGELES
- City: Lake Balboa
- Zipcode: 91406
- Provided by: Power Brokers
- Contact: Michael Michael
- DMCA Notice
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DescriptionWelcome 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 $320,400 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 soon to be installed 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!
Property Location and Similar Properties
Features
Appliances
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Vented Exhaust Fan
Building Area Total
- 9014.00
Carport Spaces
- 10.00
Cooling
- Central Air
Country
- US
Flooring
- Laminate
Foundation Details
- Raised
Heating
- Central
Laundry Features
- Washer Included
- Dryer Included
Levels
- Multi/Split
- One
Netoperatingincome
- 248194.00
Parcel Number
- 2231005032
Parking Features
- Attached Carport
Postalcodeplus4
- 5749
Sewer
- Other
Sourcesystemkey
- 24-464521:CLAW
Totalexpenses
- 72206.00
Uncovered Spaces
- 4.00
View
- Golf Course
- Hills
- Mountain(s)
Year Built
- 2024
Zoning
- LAR3