6512 Balboa Blvd Van Nuys, CA 91406
Estimated payment $12,779/month
About This Home
Well Maintained 4-Plex in desireable Van Nuys Area with tremendous upside. 3 units of 3 bed + 2 baths and 1 unit of 2 bed +2 baths. 2 units will be delivered vacant. Condominium conversion has been applied for. Close to all amenities.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 6,235 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 8 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,800 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Bathrooms
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 17645
- Assessor Parcel Number 2231023055
- $777 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Gardener Expense $1,200
- Insurance Expense $2,796
- Trash Expense $4,200
- Water Sewer Expense $5,400
- Operating Expense $13,596
- Gross Income $76,800
- Net Operating Income $63,204
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $20,932 | $1,713,600 | $943,500 | $770,100 |
| 2024 | $20,932 | $1,680,000 | $925,000 | $755,000 |
| 2023 | $18,912 | $1,512,000 | $830,000 | $682,000 |
| 2022 | $15,985 | $1,305,609 | $756,755 | $548,854 |
| 2021 | $15,774 | $1,280,010 | $741,917 | $538,093 |
| 2019 | $15,311 | $1,242,046 | $719,912 | $522,134 |
| 2018 | $15,167 | $1,217,694 | $705,797 | $511,897 |
| 2016 | $14,478 | $1,170,411 | $678,391 | $492,020 |
| 2015 | $14,270 | $1,152,831 | $668,201 | $484,630 |
| 2014 | $13,697 | $1,078,126 | $622,887 | $455,239 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Sale | $2,100,000 | -- | $438 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $10,000 | None Listed On Document | |
| Grant Deed | $5,000 | None Listed On Document | |
| Quit Claim Deed | -- | Clearmark Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Grant Deed | $1,038,000 | Commonwealth Land Title Co | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Commonwealth Title | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $715,000 | First American Title | |
| Grant Deed | $385,000 | Lawyers Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $800,000 | Purchase Money Mortgage | |
| Previous Owner | $125,000 | Purchase Money Mortgage | |
| Previous Owner | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $308,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25157729
APN: 2231-023-055
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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