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!
New construction
$3,995,000
6401 Odessa Ave, Lake Balboa, CA 91406
22beds
21baths
9,014sqft
Est.:
Multi Family
Built in 2024
-- sqft lot
$3,886,000 Zestimate®
$443/sqft
$-- HOA
What's special
Massive gated entranceMassive windowsLow-maintenance landscaping
- 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#: 25552885

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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