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$ 4,249,000
Est. payment | /mo
9,014 SqFt
$ 4,249,000
Est. payment | /mo
9,014 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,014 sqft
Price per Sqft $471
MLS Listing ID CL24464521
HOA Y/N No
Year Built 2024
Lot Size 7,367 Sqft
Acres 0.17
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 5.84% 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
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Flooring Laminate
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Exterior
Utilities Available Other Water/Sewer
View Y/N true
View Golf Course, Hills, Mountain(s)
Building
Water Other
New Construction No
Others
Tax ID 2231005032
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Michael Fitzgerald • Power Brokers
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com