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Listed by Stephanie Vitacco, DRE #00985615 • Equity Union
$ 1,225,000
Est. payment /mo
Price Dropped by $50K
6512 Balboa BLD Van Nuys, CA 91406
6,235 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26221802
Year Built 1952
Lot Size 6,235 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Outstanding investment opportunity in a convenient Van Nuys location! Situated on a prominent corner lot, this four-unit residential income property offers approximately 4,726 square feet of building area on a 6,235-square-foot parcel, presenting an appealing opportunity for investors seeking a multifamily acquisition with long-term income potential. Originally constructed in 1952 and substantially expanded in the early 1990s, the two-story property features four generously sized residential units, previously configured as three 3-bedroom, 2-bathroom units and one 2-bedroom, 2-bathroom unit. The exterior features stucco construction, established landscaping, mature trees, colorful flowering bougainvillea, gated pedestrian access, individual exterior entries, and concrete walkways connecting the residences. Rear alley access leads to a substantial off-street parking area with covered parking, an especially desirable convenience for a multifamily property. Previous listing information indicates separate gas and electric meters serving the four units and a common water meter. The property's substantial unit sizes, established residential configuration, and potential for future improvements and income growth make it an appealing opportunity for investors looking to expand or establis
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Interior
Cooling Central AC
Laundry Other
Exterior
Garage Spaces 8.0
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 2231023055
Special Listing Condition REO / Bank Owned Property
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