7203 Rubio Ave Van Nuys, CA 91406

This multifamily property, constructed in 2013, features 29 units and a leased office space. Located on a corner lot in the Lake Balboa neighborhood of the San Fernando Valley, the property contains a mix of nine one-bedroom units (675–739 SF), ten two-bedroom units (932–1,184 SF), and ten three-bedroom units (1,140–1,295 SF). The on-site office space, leased to an insurance firm through May 31, 2027, is approximately 1,200 SF and includes a kitchen and bathroom. Parking includes 53 gated ground-floor spaces, along with EV charging stations. The property is not subject to the Los Angeles Rent Stabilization Ordinance. Units feature modern interior finishes, including recessed lighting, luxury vinyl plank flooring, quartz countertops, stainless steel appliances, and wood cabinetry. Seventeen units have private balconies. Common area space on the third and fourth floors offers views of the San Fernando Valley. The property is fully occupied. It features a secure intercom-controlled entry system and security cameras throughout. All utilities are separately metered, including water. Residents have convenient access to the 405 and 101 Freeways. The surrounding area includes retail, dining, and daily-needs services along Sherman Way, Victory Boulevard, and Balboa Boulevard. Its location allows residents to commute to nearby neighborhoods including Encino, Tarzana, Sherman Oaks, and Valley Village.