tomo logo

$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

CLAW #24464521

Price change
$4,249,000
-1.07%
11/26/2024
CLAW

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

CLAW logo

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
$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