$ 3,995,000
-
$3,995,000
Price -
22
Bed -
21
Bath -
9,014
SqFt
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About the Listing X75379 - C125316
100% Stabilized! 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 $326,400 and a strong projected 5.83% 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!
Listing Highlights for 6401 Odessa Ave
Status
Active
Days on Site
84
Property Type
Multi-Family
MLS ®
25552885
Year Built
2024
Total Square Footage
9,014
Lot/Acreage
0.17
County
Los Angeles
Area
Lake Balboa
Interior Details
- Bedrooms: 22
- Bathrooms: 21 Full
- Appliances: Dishwasher, Dryer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Solar Panels, Vented Exhaust Fan, Washer
- Air Cond: Central
- Heating: Central
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 55x134
- Zoning: LAR3
- Roof:
- Others: Balcony
- Sewer: In Street
- Parking Features: Carport Attached
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2231-005-032
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
6401 Odessa Ave Lake Balboa, CA 91406
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