6550 Balboa, Van Nuys, California 91406, Van Nuys, 91406 - 8 bed, 7 bath

6550 Balboa, Van Nuys, California 91406 home-pic-0

6550 Balboa

Van Nuys, California 91406

ACTIVE
CONDITION: GOOD
8Beds
7Baths
4,063Sq Ft
6,122Lot Size

Property Price

LIST PRICE$1,595,000

SUMMARY

Analysis of 6550 Balboa, Van Nuys, California 91406 is currently available with a list price of $1,595,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Van Nuys Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is a well-maintained 2000 build that functions as a turnkey investment. The front unit has been recently and extensively renovated with modern flat-panel cabinetry, quartz countertops, and designer tile, while the remaining three units feature updated granite counters and refreshed bathrooms. With central HVAC in all units, dual-pane windows, and a durable concrete tile roof, the major systems are within their functional lifespan and require no immediate capital expenditure.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Kester Avenue Elementary School (9/10).

  • Optimal Unit Configuration

    The property features a rare and highly desirable 2-bedroom, 2-bathroom layout for all four units, which significantly enhances rental demand and long-term tenant retention.

  • Turnkey Modern Upgrades

    With a fully remodeled front unit and updated interiors in the remaining units, the property offers modern finishes, quartz countertops, and essential central A/C, minimizing immediate capital expenditure for an investor.

CONSRISKS & DEFICIENCIES

  • High-Traffic Thoroughfare

    Located on Balboa Boulevard, the property is subject to significant street noise and traffic, which may be a drawback for tenants seeking a quieter residential environment.

  • Low Local School Ratings

    Several of the nearby assigned public schools have low performance ratings, which could limit the property's appeal to families with school-aged children.

About 6550 Balboa

Exceptional income-producing quadruplex in the heart of Lake Balboa! This beautifully maintained 2-story, 4-unit investment property offers a total of 4,018 sq ft of living space on a generous 6,120 sq ft lot. Each unit features 2 bedrooms and 2 bathrooms — a rare and highly desirable configuration for multi-family. The front unit has been recently remodeled with a stunning modern kitchen featuring sleek dark flat-panel cabinetry, quartz countertops, designer glass tile backsplash, and all stainless steel appliances including gas range, microwave, and dishwasher. Bathrooms showcase elegant marble-look porcelain tile, glass-enclosed showers, and contemporary dark vanities with quartz tops. The remaining three units are also updated with granite counters, newer appliances, and refreshed bathrooms. Property highlights include central A/C and forced air heating in every unit, dual-pane windows throughout, durable concrete tile roof, and modern tile flooring. Ample parking with an 8-car attached covered carport accessed via a gated rear alley — tenants never need to use the busy street. The fully fenced and private front yard provides a quiet, secure feel despite the convenient location. Zoned LARD1.5 with strong rental income potential. Ideally situated near shopping, dining, parks, and major freeways for easy commuting. A turnkey investment opportunity with proven cash flow in one of the San Fernando Valley's most sought-after rental markets. Incredible opportunity for an owner-user or investor! This beautifully maintained 4-unit property is perfect for a buyer looking to live in one of the spacious 2-bed/2-bath units while renting out the other three to generate income and offset monthly mortgage payments.

Property Details

Public Facts

Property Type
Quadruplex
Year Built
2000
Lot Size
6,122 Sq. Ft.

Interior

Total Bedrooms
8
Total Bathrooms
7 (7 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Van Nuys Unified Schools

Gault Street Elementary School

Grades K-5 • 0.6 mi

3/10

Gault Street Elementary School

Grades K-5 • 0.7 mi

3/10

Lemay Street Elementary School

Grades K-5 • 0.8 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds8.04.0
67%
Baths7.02.5
67%
Square foot4,0633,017.5
83%
Lot Size6,1227,627
17%
Price$1.59M$1.37M
50%
Price per sq ft$393$460
33%
Built year20001995
50%
HOA$0$0
50%
Days on market779
17%

Pricing History

Listed for Sale

Feb 27, 2026

$1,595,000

Initial Listing

Sold

Feb 28, 2013

$450,000

Public Record

Sold

Jul 18, 2005

$875,000

Public Record

Sold

Sep 11, 1997

$4,000

Public Record

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