6512 Balboa Boulevard , Van Nuys, CA 91406
$1,225,000
Est. Payment: $6,356.26/mo
5 Bed
4 Bath
0.14 Acres
Status: active | Days on site: 26
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House 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 establish a rental portfolio, subject to existing tenancies and applicable regulations. Conveniently located near Lake Balboa, the Sepulveda Basin Recreation Area, Woodley Lakes Golf Course, shopping, dining, public transportation, and the 101 and 405 freeways. An opportunity to acquire a four-unit property

Highlights

Listed by Stephanie Vitacco , 818-298-6458 Equity Union , 818-989-2000. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

County

Los Angeles

Listing ID

SR26221802

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:4
Air Cond:Central Forced Air
Fireplaces:

Exterior Features

Zoning:Assessor
Principal Interest
$6,356
Taxes
$781

Home Price

$1,225,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$245,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,356.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,356.26 $780.94 $0.00 $7,137.20
Yearly $76,275.14 $9,371.25 $0.00 $85,646.39
Total $2,288,254.08 $281,137.50 $0.00 $2,569,391.58

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Van Nuys, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-11-07T19:36:16.000Z

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