6550 Balboa Blvd Van Nuys, CA 91406
Estimated payment $8,675/month
Highlights
- Main Floor Primary Bedroom
- Walk-In Closet
- Park
- No HOA
- Living Room
- Laundry Room
About This Home
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.
Listing Agent
Custom Mtg Inc Brokerage Phone: 310-709-6304 License #01455832 Listed on: 02/27/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2000
Lot Details
- 6,122 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 8 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,063 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 7 Full Bathrooms
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
- Energy-Efficient Lighting
Utilities
- Central Air
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 16189
- Assessor Parcel Number 2231022044
- $621 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Park
- Bike Trail
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 | $7,201 | $554,131 | $227,808 | $326,323 |
| 2024 | $7,068 | $543,267 | $223,342 | $319,925 |
| 2023 | $6,939 | $532,615 | $218,963 | $313,652 |
| 2022 | $6,628 | $522,172 | $214,670 | $307,502 |
| 2021 | $6,527 | $511,934 | $210,461 | $301,473 |
| 2019 | $6,339 | $496,751 | $204,219 | $292,532 |
| 2018 | $6,226 | $487,012 | $200,215 | $286,797 |
| 2017 | $6,094 | $477,464 | $196,290 | $281,174 |
| 2016 | $5,916 | $468,103 | $192,442 | $275,661 |
| 2015 | $5,833 | $461,073 | $189,552 | $271,521 |
| 2014 | $5,876 | $452,042 | $185,839 | $266,203 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/06/2026 06/06/26 | Pending | -- | -- | -- | |
| 06/01/2026 06/01/26 | Price Changed | $1,495,000 | -5.1% | $368 / Sq Ft | |
| 04/25/2026 04/25/26 | Price Changed | $1,575,000 | -1.3% | $388 / Sq Ft | |
| 02/27/2026 02/27/26 | For Sale | $1,595,000 | +254.4% | $393 / Sq Ft | |
| 02/28/2013 02/28/13 | Sold | $450,000 | -8.1% | $111 / Sq Ft | View Prior Sale |
| 11/06/2012 11/06/12 | Pending | -- | -- | -- | |
| 11/01/2012 11/01/12 | For Sale | $489,900 | -- | $121 / 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 |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | None Available | |
| Grant Deed | $450,000 | Pacific Coast Title | |
| Interfamily Deed Transfer | -- | North American Title | |
| Interfamily Deed Transfer | -- | North American Title | |
| Interfamily Deed Transfer | -- | North American Title | |
| Grant Deed | $875,000 | North American Title | |
| Grant Deed | $4,000 | -- |
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 |
|---|---|---|---|
| Closed | $300,000 | New Conventional | |
| Closed | $292,000 | Stand Alone Second | |
| Closed | $14,000 | Stand Alone Second | |
| Closed | $98,500 | Credit Line Revolving | |
| Closed | $788,000 | Negative Amortization | |
| Closed | $14,000 | Unknown | |
| Closed | $28,500 | Stand Alone Second | |
| Closed | $808,000 | Unknown | |
| Closed | $15,000 | Stand Alone Second | |
| Closed | $41,778 | Unknown | |
| Closed | $750,000 | Fannie Mae Freddie Mac |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26044187
APN: 2231-022-044
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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