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$1,545,000
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Property Description
Exceptional income-producing quadruplex in the heart of Lake Balboa! This beautifully maintained 2-story, 4-unit investment property offers a total of 4,018 sq ft of living space on a generous 6,120 sq ft lot. Each unit features 2 bedrooms and 2 bathrooms - a rare and highly desirable configuration for multi-family.
The front unit has been recently remodeled with a stunning modern kitchen featuring sleek dark flat-panel cabinetry, quartz countertops, designer glass tile backsplash, and all stainless steel appliances including gas range, microwave, and dishwasher. Bathrooms showcase elegant marble-look porcelain tile, glass-enclosed showers, and contemporary dark vanities with quartz tops. The remaining three units are also updated with granite counters, newer appliances, and refreshed bathrooms.
Property highlights include central A/C and forced air heating in every unit, dual-pane windows throughout, durable concrete tile roof, and modern tile flooring. Ample parking with an 8-car attached covered carport accessed via a gated rear alley - tenants never need to use the busy street. The fully fenced and private front yard provides a quiet, secure feel despite the convenient location.
Zoned LARD1.5 with strong rental income potential. Ideally situated near shopping, dining, parks, and major freeways for easy commuting. A turnkey investment opportunity with proven cash flow in one of the San Fernando Valley's most sought-after rental markets.
Incredible opportunity for an owner-user or investor! This beautifully maintained 4-unit property is perfect for a buyer looking to live in one of the spacious 2-bed/2-bath units while renting out the other three to generate income and offset monthly mortgage payments.
Full Property Details
Full Property Details for 6550 Balboa
General
- Sold For: $1,545,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SR26044187
- Added to Site: 224 day(s) ago
Interior
- Rooms/Areas: Walk-In Closet, Primary Bedroom, Laundry, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Family Room, Primary Bathroom
- Fireplace: Yes
- Fireplace(s): Dining Room
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 8
Location
- County: Los Angeles
- Driving Directions: N on Balboa from Victory to property
School Information
- School District: Los Angeles Unified
Community
- Community Features: Curbs, Biking, Park
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,063
- Sq. Ft. Source: Assessor
- Year Built: 2000
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.1405
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Green Features
- Energy Efficient: Lighting, Appliances, HVAC
Financial Considerations
- Price Per Sq. Ft.: $380.26
Disclosures and Reports
- Special Conditions: Standard
Listed by Custom Mtg Inc, Miguel Aguayo
Get Pre-Approved Today
Schools
Schools serving 6550 Balboa
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Gault Street Elementary School 17000 Gault St., Los Angeles, CA 91406 | PK-5 | 0.6 mi |
William Mulholland Middle School 17120 Vanowen St., Los Angeles, CA 91406 | 6-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6550 Balboa
Date
Details
Price
Change
Source
8/25/2026
Sold
$1,545,000
3.34%
MLS
6/01/2026
Price Reduced
$1,495,000
-5.08%
MLS
4/26/2026
Price Reduced
$1,575,000
-1.25%
MLS
2/27/2026
Listed
$1,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6550 Balboa, Van Nuys, CA 91406 (MLS# SR26044187) is a Multi-Family property that was sold at $1,545,000 on August 25, 2026. Want to learn more about 6550 Balboa? Do you have questions about finding other Multi-Family real estate for sale in Van Nuys - West? You can browse all Van Nuys - West real estate or contact a Coldwell Banker agent to request more information.

