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New construction
  • $3,995,000

    6401 Odessa Ave, Lake Balboa, CA 91406

    22beds
    21baths
    9,014sqft
    : 
    Multi Family
    Built in 2024
    -- sqft lot
    $3,886,000 Zestimate®
    $443/sqft
    $-- HOA

    What's special

    Massive gated entranceMassive windowsLow-maintenance landscaping
    100% Stabilized! Introducing 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 $321,600 and a strong projected 6% 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 shower heads and sprayers. While on the exterior, the grounds are furnished with low-maintenance landscaping which enhances the property's aesthetic appeal. A 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!
    61 days
    on Zillow
    |
    208
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 24, 2025 at 05:06pm

    Listed by:

    Michael Fitzgerald DRE # 02016898 310-793-6136,

    Power Brokers 424-738-5900

    Source: CLAW,MLS#: 25552885MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 6401 Odessa Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 22
    • Bathrooms: 21
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer, Tankless Water Heater
    • Laundry: In Unit
    Features
    • Flooring: Laminate
    Interior area
    • Total structure area: 9,014
    • Total interior livable area: 9,014 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Attached Carport
    • Carport spaces: 10
    • Uncovered spaces: 4
    Features
    • Levels: Multi/Split,One
    • Stories: 3
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Golf Course, Hills, Mountain(s)
    Lot
    • Size: 7,366 Square Feet
    • Dimensions: 55 x 134
    Details
    • Additional structures: None
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Raised
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2024

    Utilities & green energy

    • Sewer: In Street
    • Water: Public
    Green energy
    • Energy generation: Solar

    Community & HOA

    Location
    • Region: Lake Balboa

    Financial & listing details

    • Price per square foot: $443/sqft
    • Tax assessed value: $205,957
    • Date on market: 6/17/2025
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