6700 Balboa, Los Angeles, CA 91406
- $3,495,000
Listed by Lauren Cearley, 213-302-8662 from Myunits.com Inc.
(If provided) CoList: Cheyenne Womack from Myunits.com Inc.
- List Price
- $3,495,000
- MLS#
- CRBB26165783
- Status
- ACTIVE
- Levels
- Three or More Stories
- Lot Size
- 6,123
- Listing Area
- 699 - Not Defined
- Year Built
- 2025
Property Description
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 5.67% cap rate with minimal expenses, making it an ideal turnkey addition to any portfolio. Each of the five oversized tri-level townhomes (1,524-1,721 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 K
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Additional Information
- Cooling System
- Central AC
- Garage Parking
- Carport
- Heating System
- Central Forced Air
- Laundry Facilities
- Other
- Levels
- Three or More Stories
- Lot Size
- 6,123
- Neighborhood
- 699 - Not Defined
- Pool Description
- None
- Unincorporated Yn
- Yes
- View
- Neighborhood View, View of City Lights
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