Description
Exceptional income-producing quadruplex in the heart of Lake Balboa! This beautifully maintained 2-story, 4-unit investment property offers a total of 4,018 sq ft of living space on a generous 6,120 sq ft lot. Each unit features 2 bedrooms and 2 bathrooms a rare and highly desirable configuration for multi-family. The front unit has been recently remodeled with a stunning modern kitchen featuring sleek dark flat-panel cabinetry, quartz countertops, designer glass tile backsplash, and all stainless steel appliances including gas range, microwave, and dishwasher. Bathrooms showcase elegant marble-look porcelain tile, glass-enclosed showers, and contemporary dark vanities with quartz tops. The remaining three units are also updated with granite counters, newer appliances, and refreshed bathrooms. Property highlights include central A/C and forced air heating in every unit, dual-pane windows throughout, durable concrete tile roof, and modern tile flooring. Ample parking with an 8-car attached covered carport accessed via a gated rear alley tenants never need to use the busy street. The fully fenced and private front yard provides a quiet, secure feel despite the convenient location. Zoned LARD1.5 with strong rental income potential. Ideally situated near shopping, dining, parks, and major freeways for easy commuting. A turnkey investment opportunity with proven cash flow in one of the San Fernando Valley's most sought-after rental markets. Incredible opportunity for an owner-user or investor! This beautifully maintained 4-unit property is perfect for a buyer looking to live in one of the spacious 2-bed/2-bath units while renting out the other three to generate income and offset monthly mortgage payments.
Details
| MLS # | SR26044187 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2000 |
| Days On Site | 182 |
| Listing Provided By | Custom Mtg Inc | Miguel Aguayo |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 4,063 |
| Garage | 8 |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.14 |
| Property View | None |
Interior
| Cooling | Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Interior Features | Bedroom On Main Level, Main Level Primary, Walk In Closets |
| Fireplace Yes / No | Yes |
Exterior
| Lot Features | Two To Five Units Acre |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Biking, Curbs, Park |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91406 |
| Area | VN Van Nuys |
| Listing VS Median (in 91406) | |
Price: $1,495,000 low | high Med: $2,970,000 sqft: 4,063 low | high Med: 7,593 $ / sqft: $368 low | high Med: $411 On site: 182 low | high Med: 46 | |
Market Activity 91406
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91406 |
| Area | VN Van Nuys |
| Listing VS Median (in 91406) | |
Price: $1,495,000 low | high Med: $2,970,000 sqft: 4,063 low | high Med: 7,593 $ / sqft: $368 low | high Med: $411 On site: 182 low | high Med: 46 | |