Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Modern Lake Balboa Income Property Title is generated by Realmo AI

    6845 Haskell Avenue, Lake Balboa, CA 91406

    View on Map
    Claim this Listing
    For Sale
    $2,695,000

    Single Family Residence, Modern - Lake Balboa, CA

    Type:Single Family Residence
    Property size:
    5,858 SF
    Lot size:
    5,250.00 Acres
    Price / SF:
    $460/SF
    Added:
    Sep 11, 2025
    Days on Market:
    254
    Last Refresh:
    May 22 at 2:06 pm

    Property Features for 6845 Haskell Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    LAR3
    Bedrooms
    12
    Bathrooms
    13
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Kitchen, Laundry, Living Room
    Parking
    6
    Parking features
    Assigned, Driveway
    Security features
    Security System
    Window features
    Double Pane Windows
    Interior features
    Parking, Sliding Doors, Mirror Closet Door(s), Security System, Window Features: Double Pane Windows, Insulated Windows, Screens
    Exterior features
    Fence, Community Features Included: Gutters, Storm Drains, 2-5 Units/Acre
    Fencing
    Fenced
    Appliances
    Cooktop, Cooktop - Gas, Dishwasher, Microwave, Range, Refrigerator, Washer, Water - Purifier
    Standard status
    Active
    APN
    2224034004
    Size
    5,858 SF
    Lot size
    5,250.00 Acres

    Utilities

    Heating system
    Central, Ductless (Heating)
    Cooling system
    Central Air, Ductless, Electric, Gas (Cooling)

    Building Details

    Year built
    2023
    Floors in Building
    3
    Number of units
    4
    Flooring type
    Vinyl
    Building materials
    Plaster, Stucco, Vinyl Siding
    Roof type
    Flat
    Architectural style
    Modern

    We can help!

    Listing Contact
    Bijan Kamrava
    Bijan Kamrava

    Listing agent Bijan Kamrava License #01034916

    Listing office Bijan Team Realty 20756 Berdon Street, Woodland Hills, CA

    Listing date Sep 11, 2025

    MLS# SR23163447 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High Annual Rental Income: $184,000, a strong investment opportunity.
    • Modern, Income‑Generating Property: Front house with ADU and rear duplex, built in 2023.
    • Four Units with Separate Meters: Simplifies utility management.
    • Premium Finishes and Amenities: Quartz counters, stainless steel appliances, Nest thermostats, fire sprinklers, and double‑paned windows.
    • Solar Panels per Unit (Excluding ADU): Reduces energy costs.
    • Gated Parking with 6 Spaces: Provides secure parking.

    Overview

    Located in Lake Balboa, this residential income property is a modern, two-building complex featuring four units across two addresses: 6843 1 & 2 and 6845 1 & 2 Haskell Ave. The property includes a front single-family home with 3 beds and 4 baths, along with an attached 1-bed, 1-bath ADU. The rear duplex contains two units, each offering 4 beds and 4 baths. The property provides gated parking with 6 spaces. Each unit has separate meters and panels. Solar panels are installed per unit, excluding the ADU. High-end finishes include quartz counters, stainless steel appliances, and Nest thermostats. Fire sprinklers and double-paned windows are installed throughout. The property is fully rented with an annual rental income of $184K. The lot size is approximately 0.12 acres and the property size is 5858 square feet. The property is zoned LAR3.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Lake Balboa
    County
    Los Angeles
    State
    California
    Longitude
    -118.49
    Latitude
    34.198

    FAQs

    What type of property is this?
    Residential income property - Two-building complex featuring four units with high-end finishes.
    Where is this residential income property located?
    The property is located at 6845 Haskell Avenue Lake Balboa, CA.
    What is the asking price?
    The asking price for this property is $2,695,000.
    What are key features of this property?
    This property features: High Annual Rental Income: $184,000, a strong investment opportunity.; Modern, Income‑Generating Property: Front house with ADU and rear duplex, built in 2023.; Four Units with Separate Meters: Simplifies utility management.
    (818) 264-9337
    We can help!
    Listing Contact
    Bijan Kamrava
    Bijan Kamrava
    Real Estate License ID: 01034916
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6845 Haskell Avenue, Lake Balboa, CA 91406
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!