6401 Odessa Avenue
Lake Balboa, CA 91406
Active for $4,295,000
Beds: 22 Baths: 21 Structure Size: 9,014 sqft Lot Size: 7,367 sqft
| MLS | 24464521 |
| Year Built | 2024 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $4,295,000 |
| Structure Size | 9,014 sqft |
| Lot Size | 7,367 sqft |
| Beds | 22 |
| Baths | 21 |
Description
Welcome to 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 $320,400 and a strong projected 5.66% 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 showerheads and sprayers. While on the exterior, the grounds are furnished with low-maintenance landscaping which enhances the property's aesthetic appeal. A soon-to-be-installed 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 information courtesy of: Michael Fitzgerald, Power Brokers 310-793-6136. *Based on information from the Association of REALTORS/Multiple Listing as of 11/26/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Kris Karaian
REALTOR®
Direct: 818.445.9760
Email: Email Me
DRE: 01949014
DRE #01873088
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