5-Unit Tri-Level Apartment
6700 Balboa, Los Angeles, CA 91406
For Sale
$3,395,000
Five separately metered residences are fully leased and include private garage parking accessed from a rear alley.
Property Size8,175 SF
Price / SF$415.29
Days on Market103
Property Features for 6700 Balboa
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Utilities to Site
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Cap Rate
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Myunits.com Inc.
Listed By:
Lauren Cearley · License #02146823
(213) 302-8662
Source:
Nexerarealestate
Added: Jul 29
Changed: Nov 7
Last Checked: Nov 7 at 9:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Myunits.com Inc.
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Investment Insights
Based on property information with market context.
Completed in 2025, this five-residence apartment property comprises tri-level townhomes ranging from 1,524 to 1,721 square feet. Each home has four bedrooms with en-suite baths, open-plan kitchen and living areas, and balconies off the living spaces and bedrooms. Interior features include high ceilings, stainless steel appliances, modern cabinetry, oversized kitchen islands and large closets. Private garage parking is accessed from the rear alley, and the property has drought-tolerant landscaping. Utilities are separately metered for each residence. The property is identified as non-rent-controlled and is fully leased, with a stated 5.78% cap rate.
At 6700 Balboa Blvd in Los Angeles, the community is near Balboa Park, a golf course, Ventura Blvd, Kaiser Permanente and CSUN. The 101 and 405 freeways are accessible from the area. Nearby dining and coffee destinations named in the property information include Salsa & Beer, House Roots Coffee and The Drunken Crab.
At 6700 Balboa Blvd in Los Angeles, the community is near Balboa Park, a golf course, Ventura Blvd, Kaiser Permanente and CSUN. The 101 and 405 freeways are accessible from the area. Nearby dining and coffee destinations named in the property information include Salsa & Beer, House Roots Coffee and The Drunken Crab.
Key Highlights
- Five residences, completed in 2025; each spans 1,524–1,721 SF
- Four bedrooms with en‑suite baths in each home
- Fully leased; stated 5.78% cap rate
Property Analytics
Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,268
Businesses Nearby
Explore this area
Business Placement
Demographics for 91406, CA
53,252
Population
19,650
Households
2.7
Avg Household Size
37
Median Age
29%
College-Educated
77%
High-School Grad
8.1 sq mi
ZIP Area
6,574
Density / Sq Mi
$76,653
Median Household Income
$41,469
Median Earnings
$1,859
Median Rent
$765,000
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Five separately metered residences are fully leased and include private garage parking accessed from a rear alley.
Where is this apartment building located?
The property is located at 6700 Balboa Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,395,000.
What are key features of this property?
This property features: Five residences, completed in 2025; each spans 1,524–1,721 SF; Four bedrooms with en‑suite baths in each home; Fully leased; stated 5.78% cap rate
