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6403 Whitman Ave Lake Balboa, CA 91406

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Sponsored
For Sale
$1,849,999

MULTI_FAMILY - Lake Balboa, CA

Property size:
15,111 SF
Lot size:
0.14 Acres
Days on Market:
6
Last Refresh:
Mar 24 at 6:06 am

Property Features for 6403 Whitman Ave

General Information

Special listing conditions
Standard
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
TransactionType
Standard
Standard status
Active
Zoning
LARD1.5
Rooms
Bedroom 9, Bedroom 24, Bedroom 6, Bedroom 32, Bathroom 9, Bathroom 28, Bathroom 23, Bathroom 24, Bathroom 33, Bathroom 35, Bathroom 37, Bedroom 15, Bathroom 29, Bedroom 3, Bathroom 25, Bedroom 8, Bedroom 7, Bedroom 5, Bathroom 8, Bedroom 21, Bathroom 20, Bathroom 21, Bedroom 14, Bathroom 4, Bathroom 6, Bathroom 27, Bathroom 22, Bedroom 28, Bedroom 37, Bedroom 25, Bathroom 26, Bathroom 3, Bedroom 30, Bathroom 16, Bedroom 18, Bathroom 11, Bedroom 12, Bedroom 10, Bedroom 33, Bedroom 34, Bathroom 1, Bedroom 16, Bathroom 5, Bedroom 36, Bathroom 36, Bedroom 4, Bedroom 17, Bedroom 35, Bathroom 2, Bathroom 10, Bathroom 31, Bedroom 29, Bathroom 18, Bedroom 20, Bedroom 22, Bathroom 12, Bedroom 26, Bathroom 30, Bathroom 15, Bathroom 13, Bedroom 11, Bathroom 32, Bedroom 31, Bedroom 23, Bedroom 19, Bedroom 2, Bathroom 19, Bathroom 34, Bedroom 1, Bathroom 7, Bedroom 27, Bedroom 13, Bathroom 17, Bathroom 14
Bedrooms
37
Bathrooms
37
APN
2233-006-017
Size
15,111 SF
Lot size
0.14 Acres

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
2026
Floors in Building
4
Number of units
37

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Listing Contact
Daniel Lalezari

Keller Williams Realty Hollywood Hills

Listing agent Daniel Lalezari License #01949474

Listing date Mar 19, 2026

MLS# 26667303

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Ready-to-Issue Permit Multifamily Project

Located in Lake Balboa, CA, this property presents a ready-to-issue permit project suitable for developers, investors, contractors, and builders. The shovel-ready project features a 100% Affordable ED1 development with 37 units, including a manager's office that can be converted into a unit. The design includes 19 one-bedroom units and 18 studios within a Type V, four-story structure with fully stacked wood frame floors on a corner lot. The livable area is 15,111 square feet, with a buildable area of 16,780 square feet. Unit sizes range from 268 to 338 square feet for studios and 352 to 465 square feet for one-bedroom units. The property is situated across the street from Woodley Park and the Orange Line, with proximity to Super King and Costco. It is located in a TOC Tier 3 area, making it walkable and bike-friendly. Each floor includes a laundry room, outdoor bicycle area, and storage. The plans do not require parking, reducing construction costs. The property is vacant land, ready for immediate construction. The location provides easy access to Encino and is near new apartment buildings. Based on the most recent schedule, the total monthly rents from the 37 units would bring a monthly gross income of $75,482 and yearly gross income of $905,784. The property lot size is 0.1408 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lake Balboa
County
Los Angeles
State
California
Longitude
-118.476746
Latitude
34.186871

FAQs

What type of property is this?
Residential land & home lot - Fully entitled 37-unit affordable housing project in Lake Balboa.
Where is this residential land & home lot located?
The property is located at 6403 Whitman Ave Lake Balboa, CA.
What is the asking price?
The asking price for this property is $1,849,999.
What are key features of this property?
This property features: - Shovel-ready project: Fully entitled and RTI permit for 37 affordable housing units offering immediate development opportunity.; - Significant cost savings due to Type V construction, four-story design, and no parking requirements.; - High-demand Lake Balboa location, directly across from Woodley Park and the Orange Line, with easy access to major shopping and employment hubs.
More about this property
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