
Lake Balboa, California 91406
Analysis of 6845 Haskell Avenue, Lake Balboa, California 91406 is currently available with a list price of $2,495,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lake Balboa 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.
Property is new construction or fully renovated.
This property was built in 2023, making it only 2 years old, which immediately qualifies it for the 'excellent' category. The description highlights 'modern' design and 'high-end finishes' such as quartz counters, stainless steel appliances, and Nest thermostats. The images confirm this, showcasing pristine, contemporary kitchens with white shaker cabinets, quartz countertops, and modern mosaic backsplashes, along with stainless steel appliances. Bathrooms are equally modern with sleek vanities, tiled showers/tubs, and updated fixtures. All components appear new or virtually new, with no signs of wear or deferred maintenance, meeting current quality standards.
Built in 2023, the property boasts contemporary design, high-end finishes (quartz, stainless steel, Nest thermostats), and modern safety features (fire sprinklers, double-paned windows), ensuring low immediate maintenance and high tenant appeal.
Fully rented with a substantial annual income of $184,000, positioning it as a high-yield investment property with immediate cash flow.
Comprising a single-family home with an ADU and a separate duplex, it offers a versatile mix of unit types (3-bed, 1-bed, 4-bed units) appealing to a broad tenant base.
The 5,250 sqft lot accommodates four units totaling 5,858 sqft, indicating a high-density development that may limit individual unit outdoor space or communal areas.
Managing four separate units, including an ADU, can be demanding, requiring significant time and effort for tenant relations, maintenance, and lease administration.
The description does not specify private outdoor areas for each unit, which could be a potential drawback for tenants seeking personal yard space or larger recreational areas.
MAJOR PRICE IMPROVEMENT – Reduced by $200,000! Exceptional investment opportunity offering one of the lowest prices at just $426 per sq. ft. and an impressive 6% Cap Rate. This premier 3-year-old modern income property in Lake Balboa consists of four units across two addresses (6843 & 6845 Haskell Ave.) and is fully leased with over $170,000 in annual rental income. Property configuration: • Front residence: 3-bedroom, 4-bath home with an attached 1-bedroom, 1-bath ADU • Rear duplex: Two spacious units, each offering 4 bedrooms and 4 bathrooms Designed for low-maintenance ownership, each unit features high-end finishes including quartz countertops, stainless steel appliances, in-unit washer and dryer, smart locks, Nest thermostats, security cameras, fire sprinklers, and dual-pane windows. A centralized network system provides free Wi-Fi, security camera connectivity, and hardwired Ethernet access to every unit, adding value for both owners and tenants. Additional highlights include: • Fully leased with strong, stable cash flow • No rent control • Gated property with 6 on-site parking spaces • Separate gas, electric meters, and electrical panels • Individual solar systems for each primary unit • Modern construction with low maintenance costs Ideally located near major freeways, shopping, dining, and employment centers, this is a rare opportunity to acquire a high-performing, newer construction asset at one of the best values on the market. Please see the Supplements for the detailed Cap Rate analysis.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 5,858 | 1,803 |
| Lot Size | 5,250 | 6,372 |
| Price | $2.50M | $891.7K |
| Price per sq ft | $426 | $616 |
| Built year | 2023 | 1952 |
| HOA | $0 | $0 |
| Days on market | 314 | 47 |
Jul 2, 2026
$2,495,000
$2,550,000
-2% Price Drop
Initial Listing
Jun 11, 2026
$2,550,000
$2,695,000
-5% Price Drop
Initial Listing
Sep 11, 2025
$2,695,000
Initial Listing