6440 Balboa Boulevard, Lake Balboa, CA 91406

Lake Balboa
Local realty services provided by:ERA North Orange County Real Estate
6440 Balboa Boulevard,Lake Balboa, CA 91406
$1,799,000
  • 10 Beds
  • 12 Baths
  • 5,721 sq. ft.
  • Multi-family
  • Active
Listed by: daniel withers
Office: matthews real estate investment services866-889-0550
MLS#:26865459
Source:CRMLS

Price summary

  • Price:$1,799,000
  • Price per sq. ft.:$314.46

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...

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Home facts

  • Year built:1990
  • Listing ID #:26865459
  • Added:3 day(s) ago
  • Updated:August 01, 2026 at 11:04 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:12
  • Flooring:Laminate
  • Living area:5,721 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1990
  • Building area:5,721 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$1,799,000
  • Price per sq. ft.:$314.46

Parking

  • Total parking spaces:8
  • Parking description:Assigned, Concrete, On Street
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