6440 Balboa Blvd Van Nuys, CA 91406
Van Nuys AreaEstimated payment $10,564/month
Highlights
- Fireplace
- 8 Car Attached Garage
- Central Heating and Cooling System
About This Home
Built in 1990, this gated four-unit multifamily property features an attractive townhouse-style unit mix consisting of two 2-bedroom, 2.5-bath units and two 3-bedroom, 2.5-bath units, averaging approximately 1,430 square feet each. Every unit offers a spacious open floor plan with a fireplace, large kitchen, private balcony, washer/dryer hookups, and a large attached two-car garage. Two units have also been updated with waterproof laminate flooring throughout the downstairs living areas and bathrooms. From an investor's perspective, the property offers strong in-place cash flow with significant upside potential. The asset is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), allowing ownership to capture full market rent increases. Current operations generate approximately $74,779 in annual NOI, with projected stabilized NOI of approximately $106,927 at market rents. With its desirable large-unit mix, family-oriented amenities, and limited near-term capital expenditure requirements, this property presents an excellent investment opportunity.
Listing Agent
Matthews Real Estate Investment Services License #01325901 Listed on: 07/28/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 6,122 Sq Ft Lot
- Lot Dimensions are 51x120
Interior Spaces
- 5,721 Sq Ft Home
- 3-Story Property
- Fireplace
- Laminate Flooring
- Laundry in Garage
Bedrooms and Bathrooms
- 10 Bedrooms
- 12 Bathrooms
Parking
- 8 Car Attached Garage
- Driveway
- On-Street Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 2231-023-004
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,132 | $706,989 | $292,014 | $414,975 |
| 2024 | $8,979 | $693,128 | $286,289 | $406,839 |
| 2023 | $8,814 | $679,538 | $280,676 | $398,862 |
| 2022 | $8,418 | $666,215 | $275,173 | $391,042 |
| 2021 | $8,286 | $653,153 | $269,778 | $383,375 |
| 2019 | $8,045 | $633,781 | $261,777 | $372,004 |
| 2018 | $7,928 | $621,355 | $256,645 | $364,710 |
| 2016 | $7,525 | $597,229 | $246,680 | $350,549 |
| 2015 | $7,419 | $588,259 | $242,975 | $345,284 |
| 2014 | $7,466 | $576,737 | $238,216 | $338,521 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2026 07/28/26 | For Sale | $1,799,000 | -- | $314 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Individual Deed | $460,000 | North American Title Co | |
| Grant Deed | -- | -- | |
| Gift Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $325,000 | No Value Available |
Source: The MLS
MLS Number: 26865459
APN: 2231-023-004
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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