6700 Balboa, Los Angeles, CA 91406

6700 Balboa Blvd is a massive, brand new

construction 5-unit luxury townhome community in the heart of Lake Balboa. Just

steps from Balboa Park, near the golf course, and completely NON-RENTCONTROLLED!

Lake Balboa is experiencing extremely low inventory, especially

for new construction, contributing to consistently strong tenant demand

and low vacancy.This trophy asset offers striking curb appeal on a

rapidly evolving street and is fully leased at a strong 5.78% cap rate with

minimal expenses, making it an ideal turnkey addition to any portfolio.

Each of the five oversized tri-level townhomes (1,524–1,721 SF) features

4 bedrooms with en-suite baths, expansive living areas, and high-end

designer finishes throughout. Interiors include open-concept kitchens

with oversized islands, modern cabinetry, stainless steel appliances,

high ceilings, large closets, and spacious balconies off both living areas

and bedrooms. Additional features include drought-tolerant landscaping,

abundant natural light, and private garage parking accessed via a rear alley

(preferred by tenants). The property is separately metered for all utilities keeping

utility expenses at zero.

Located just minutes from the 80-acre Lake Balboa Park, the golf course, Ventura

Blvd, and major job hubs like Kaiser Permanente and CSUN, this property is also

surrounded by local hotspots like Salsa & Beer, House Roots Coffee, and The Drunken

Crab. With quick access to the 101 and 405 freeways, this location offers unbeatable

convenience. A rare, low-maintenance, cash-flowing asset in a supply-constrained,

high-demand Valley submarket.