$4,249,000
- Beds
- 22
- sq ft
- 9,014
6401 Odessa Ave, Van Nuys, CA 91406
6401 Odessa Ave
Lake Balboa, CA 91406
- 26 days on market
- Price drop $46,000↓
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 like The Sherman Oaks Galleria and Van Nuys Plaza are also just minutes away.The property provides ample on-site parking, with additional street parking in the quiet neighborhood surrounded by single-family homes. Combining luxury features, a prime location, and robust financial potential, 6401 Odessa Ave is an unparalleled opportunity in the thriving Van Nuys market. Schedule your tour today to see everything this exceptional property has to offer!
Details
Property type
Property condition
New Construction
Lot size
7,367 sq ft
Price per sq ft
$472
Year built
2024
HOA
No
Price History
12/18/2024
CLAW #24464521
Price change
$4,249,000
-1.07%
11/26/2024
CLAW #24464521
Listed
$4,295,000
Schools & Community
Neighborhood:
Lake Balboa
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 12/22/2024 at 6:40 PM
Listing updated: 12/18/2024 at 9:55 PM
Listed by: Michael Fitzgerald, Power Brokers Phone #: (424) 738-5900
MLS: CLAW #24464521
Recently listed in Lake Balboa
$899,000|3 bd|3.0 ba|House
$899,000|3 bd|2.0 ba|House
$859,900|3 bd|2.0 ba|House
$879,000|4 bd|3.5 ba|House
$925,000|3 bd|2.0 ba|House
$599,999|2 bd|2.5 ba|Condo
$799,000|2 bd|2.0 ba|House
$1,099,999|4 bd|3.0 ba|House
$499,000|2 bd|2.0 ba|Townhouse
$625,000|3 bd|2.5 ba|Townhouse
Explore top cities in California