6700 Balboa, Van Nuys, CA 91406
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
Listed by: lauren cearley, cheyenne womack
Office: myunits.com inc.
MLS#:BB26165783
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,395,000
About this home
6700 Balboa Blvd is a massive, brand new construction 5-unit luxury townhome community in the heart of Lake Balboa. Just steps from Balboa Park, near the golf course, and completely NON-RENTCONTROLLED! Lake Balboa is experiencing extremely low inventory, especially for new construction, contributing to consistently strong tenant demand and low vacancy.This trophy asset offers striking curb appeal on a rapidly evolving street and is fully leased at a strong 5.78% cap rate with minimal expenses, making it an ideal turnkey addition to any portfolio. Each of the five oversized tri-level townhomes (1,5241,721 SF) features 4 bedrooms with en-suite baths, expansive living areas, and high-end designer finishes throughout. Interiors include open-concept kitchens with oversized islands, modern cabinetry, stainless steel appliances, high ceilings, large closets, and spacious balconies off both living areas and bedrooms. Additional features include drought-tolerant landscaping, abundant natural light, and private garage parking accessed via a rear alley (preferred by tenants). The property is separately metered for all utilities keeping utility expenses at zero. Located just minutes from the 80-acre Lake Balboa Park, the golf course, Ventura Blvd, and major job hubs like Kaiser Permanente and CSUN, this property is also surrounded by local hotspots like Salsa & Beer, House Roots Coffee, and The Drunken Crab. With quick access to the 101 and 405 freeways, this location offers unbeatable convenience. A rare, low-maintenance, cash-flowing asset in a supply-constrained, high-demand Valley...
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Home facts
- Listing ID #:BB26165783
- Added:93 day(s) ago
- Updated:October 31, 2026 at 07:05 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:18
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Levels:3 Story
Finances and disclosures
- Price:$3,395,000
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