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Berkshire Hathaway HomeServices California Properties

6700 Balboa, Los Angeles, CA 91406

$3,495,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Lauren Cearley | lauren@myunits.com
Lic#: 02146823
Broker: Courtesy of Myunits.com Inc.
Phone: 213-302-8662

Co Listing Agent

Cheyenne Womack | cheyenne@myunits.com
Lic#: 02064825
Broker: Courtesy of Myunits.com Inc.
Phone: 805-973-7470

Listing Details

Property type: Apartment (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: BB26165783

Price: $3,495,000

Rental Rate: $3,495,000

Lot Size:

HOA Fee is $0.00

None fireplaces

Built in 2025

0.14 acres

County: Los Angeles

Appliances: Dishwasher,Electric Oven,Electric Range,Freezer,Microwave

Parking description: Attached Carport

Lot description: Landscaped

Heating/cooling: Central Air

Heating description: Central

Last Updated: 7/30/2026

Days On Market (DOM): 8

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Lat/Long: 34.191996, -118.500750.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

6700 Balboa Blvd is a massive, brand new construction 5-unit luxury townhome community in the heart of Lake Balboa. Just steps from Balboa Park, near the golf course, and completely NON-RENTCONTROLLED! Lake Balboa is experiencing extremely low inventory, especially for new construction, contributing to consistently strong tenant demand and low vacancy.This trophy asset offers striking curb appeal on a rapidly evolving street and is fully leased at a strong 5.67% cap rate with minimal expenses, making it an ideal turnkey addition to any portfolio. Each of the five oversized tri-level townhomes (1,524–1,721 SF) features 4 bedrooms with en-suite baths, expansive living areas, and high-end designer finishes throughout. Interiors include open-concept kitchens with oversized islands, modern cabinetry, stainless steel appliances, high ceilings, large closets, and spacious balconies off both living areas and bedrooms. Additional features include drought-tolerant landscaping, abundant natural light, and private garage parking accessed via a rear alley (preferred by tenants). The property is separately metered for all utilities keeping utility expenses at zero. Located just minutes from the 80-acre Lake Balboa Park, the golf course, Ventura Blvd, and major job hubs like Kaiser Permanente and CSUN, this property is also surrounded by local hotspots like Salsa & Beer, House Roots Coffee, and The Drunken Crab. With quick access to the 101 and 405 freeways, this location offers unbeatable convenience. A rare, low-maintenance, cash-flowing asset in a supply-constrained, high-demand Valley submarket.

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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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