6401 Odessa Avenue, Lake Balboa, CA 91406 - Berkshire Hathaway HomeServices California Properties

6401 Odessa Avenue, Lake Balboa, CA 91406

$3,995,000 Approx. USD 22 beds, 21 baths
9,014 sqft

Listing Agent


Michael Fitzgerald | Michael@michaelfitzgeraldrealtor.com
Lic#: 02016898
Broker: Courtesy of Power Brokers

Agent Remarks

Introducing 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 $321,600 and a strong projected 6.24% 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 shower heads and sprayers. While on the exterior, the grounds are furnished with low-maintenance landscaping which enhances the property's aesthetic appeal. A 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 Details

Property type: (Multi-Family)
Status: Active
MLS# 25509355
Price: $3,995,000
Beds: 22
Baths: 21
Built in 2024
9,014 sqft
1 story
0.17 acres
Lot size: 0.1691
County: Los Angeles
Zoning: LAR3
Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Vented Exhaust Fan,Dryer,Washer
Parking description: Attached Carport
Heating/cooling: Central Air
Heating description: Central
MLS area: LKBL - Lake Balboa

Last Updated: 3/11/2025

 Days On Market (DOM): 63

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This listing belongs to the LKBL - Lake Balboa MLS area

Lat/Long: 34.186679, -118.492149.
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Source: CRM. Also Available in 24466667, 25486535,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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