$1,799,000
 $9,657 est/mo Sourced by Back At You

6440 Balboa Boulevard,Lake Balboa, CA 91406

Lake Balboa, CA 91406

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Description

Built in 1990, this gated four-unit townhouse-style apartment property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), offering investors significantly less restricted rental upside. With an excellent location in Lake Balboa, adjacent to Encino, the property also had central HVAC installed in 2019. The property features an attractive unit mix of two 2-bedroom, 2.5-bath units and two 3-bedroom, 2.5-bath units, averaging approximately 1,430 square feet each. Every unit offers a spacious open floor plan with a fireplace, large kitchen, private balcony, washer/dryer hookups, and an oversized attached two-car garage. Two units have also been updated with waterproof laminate flooring throughout the downstairs living areas and bathrooms. There is presently a single water bill, however, there are separate water meters installed for each unit.

Details

MLS #26865459
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1990
Days On Site37
Listing Provided ByMatthews Real Estate Investment Services | Daniel Withers

Features

Bed(s)10
Bath(s)12
SQ Feet5,721
Story(s)3
Units4
Building(s)1
ZoningLARD1.5
Acreage0.14

Interior

CoolingCentral Air
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes

Parking

Attached Garage Yes / NoYes
Parking FeaturesAssigned, Concrete, On Street

Area Information

StateCA
CountyLos Angeles
CityLake Balboa
Zip Code91406
AreaLKBL Lake Balboa
Listing VS Median (in 91406)
Price:
$1,799,000
low | high
Med:
$689,900
100% of Average
sqft:
5,721
low | high
Med:
1,565
100% of Average
$ / sqft:
$314
low | high
Med:
$441
9.811435888238% of Average
On site:
37
low | high
Med:
77
48.051948051948% of Average
Sourced by Back At You

Market Activity 91406

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Contact

Learn More About This Property

Jeff Rayborn

Jeff Rayborn

Desert Lifestyle Properties

02062886 (323) 833-5529jeff@desertlifestyleproperties.com
StateCA
CountyLos Angeles
CityLake Balboa
Zip Code91406
AreaLKBL Lake Balboa
Listing VS Median (in 91406)
Price:
$1,799,000
low | high
Med:
$689,900
100% of Average
sqft:
5,721
low | high
Med:
1,565
100% of Average
$ / sqft:
$314
low | high
Med:
$441
9.811435888238% of Average
On site:
37
low | high
Med:
77
48.051948051948% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.349M - $2.248M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
6550 Balboa Property Photo 1
$1,495,000
6550 Balboa
Van Nuys, CA 91406
Listing Updated: August 21, 2026 at 9:42:36 PM PDT
Jeff Rayborn
License #: 02062886
(323) 833-5529
Desert Lifestyle Properties - 200 N Sunrise Way Ste.B.
Palm Springs, CA 92262

Jeff Rayborn - Desert Lifestyle Properties