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About This Home

This 8-bedroom, 7-bathroom multi-family at 6550 Balboa in Van Nuys, CA is listed for $1,575,000 ($388 per sqft). Built in 2000, the home offers 4,063 sqft of living space on a 0.14 acres lot.

Agent 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.

Key Features

  • Built in 2000
  • 0.14 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
7 full
8 spaces
2000

Amenities

View

Monthly Cost Estimate

$8,423/mo

20% down · 6.5% · 30 years

Principal$1,139
Interest$6,825
Insurance$459

Estimates only. Actual payments may vary.

Location

6550 Balboa

Van Nuys, CA 91406

Features & Amenities

Exterior Features

Community Features Included: CurbsBikingPark2-5 Units/Acre

Property Details

Views

None

Cooling

Central Air

Questions & Answers

This 8-bedroom, 7-bathroom multi-family at 6550 Balboa is listed at $1,575,000 ($388/sqft). The estimated monthly payment is $6,825 based on 20% down at 6.5% interest.

Key features include: Built in 2000, 0.14 acre lot, 2 stories, 8 parking spaces. Exterior Features: Community Features Included: Curbs, Biking, Park.

This property is listed by Miguel Aguayo and can be reached at 3233335693 or maguayo1@hotmail.com.

MA

Miguel Aguayo

Agent at Custom Mtg Inc

(323) 333-5693

Listed by Custom Mtg Inc · View on Broker Site

MLS# SR26044187· Source: listhub· Updated 94 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

6550 Balboa, Van Nuys, CA 91406

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