6401 Odessa AVE new Save Request In-Person Tour Request Virtual Tour
Lake Balboa,CA 91406
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,014 sqft
Price per Sqft $476
MLS Listing ID 24464521
Bedrooms 22
Year Built 2024
Lot Size 7,365 Sqft
Property 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!
Location
State CA
County Los Angeles
Area Lkbl - Lake Balboa
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Exterior
Parking Features Attached Carport
View Y/N Yes
View Golf Course,Hills,Mountain(s)
Building
Story 3
Foundation Raised
Sewer Other
New Construction Yes
Others
Special Listing Condition Standard