Millman Team Real Estate

$1,595,000
8 Bed
7 Bath
4,063 Sqft
0.14 Acre Lot

6550 Balboa, Van Nuys, California 91406

  • Residential Property Type
  • 4,063 Sqft Square Footage
  • 2000 Year Built
Property 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.

Basic Details
Residential
For Sale
SR26044187
$1,595,000
None
8
7
4,063 Sqft
2000
0.14 Acre
Active
7
Quadruplex
Features
: None
: Central Air
: Dining Room
: Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
: Inside
: Public Sewer
$0
Address Map
CA
Los Angeles
Van Nuys
91406
Balboa
6550
W119° 29' 57.3''
N34° 11' 24.6''
N on Balboa from Victory to property
VN - Van Nuys
Neighborhood
Los Angeles Unified
Additional Information
$0
$0
$0
$0
$0
: Park, Curbs, Biking
1
8.0
: Two
: 2-5 Units/Acre
4
2026-02-27
2
2
: Public
Broker/Agent Information
Custom Mtg Inc
Miguel Aguayo
Listing Information
F207018739
F0034600
Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Fannie Mae
Active
2026-03-02T14:09:07Z
CRMLS
: Standard
2026-02-27T20:59:45Z
Agent info
Ray Millman
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