$2,100,000
6512 Balboa Boulevard, Van Nuys CA 91406
Multi-Family (Fourplex)
Property type
326 days
On market
$438
Price per sqft
8 cars
Garage
1952
Year built
6,235 sqft
Lot size
Open Houses
Overview
Well Maintained 4-Plex in desireable Van Nuys Area with tremendous upside. 3 units of 3 bed + 2 baths and 1 unit of 2 bed +2 baths. 2 units will be delivered vacant. Condominium conversion has been applied for. Close to all amenities.
Listing provided by: Rizen Appling DRE #02233332, Rodeo Realty
Listing updated: Jan 12, 2026 at 07:42pm.
Last checked: Jun 5, 2026 at 04:30am
Source: CRMLS #SR25157729
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | 2 | $1,000 | $1,000 | $0 | Unfurnished |
| 1 | 2 | 2 | 2 | $1,800 | $1,000 | $0 | Unfurnished |
| 1 | 3 | 2 | 2 | $1,800 | $1,800 | $0 | Unfurnished |
| 1 | 3 | 2 | 2 | $1,900 | $1,900 | $0 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 0
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
27.3x
List Price / Annual Gross Rent
Cap Rate
3.01%
NOI / List Price
Gross Scheduled Income: $76,800
Operating Expense: $13,596
Net Operating Income: $63,204
Annual Operating Expenses
Gardener: $1,200
Insurance: $2,796
Trash: $4,200
Water / Sewer: $5,400
Interior
Laundry: Inside
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 8
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 2231023055
Additional Parcels: No
Tax Lot: 11
Zoning: LARD1.5
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 6512 Balboa Boulevard, Van Nuys, CA 91406. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,680,000
Total Interest
$2,142,747
Total Payment
$3,822,747
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,956
per month
Property History for 6512 Balboa Boulevard
Van Nuys Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91406.
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