MAJOR PRICE IMPROVEMENT - Reduced by $200,000! Exceptional investment opportunity offering one of the lowest prices at just $426 per sq. ft. and an impressive 6% Cap Rate. This premier 3-year-old modern income property in Lake Balboa consists of four units across two addresses (6843 & 6845 Haskell Ave.) and is fully leased with over $170,000 in annual rental income. Property configuration: Front residence: 3-bedroom, 4-bath home with an attached 1-bedroom, 1-bath ADU Rear duplex: Two spacious units, each offering 4 bedrooms and 4 bathrooms Designed for low-maintenance ownership, each unit features high-end finishes including quartz countertops, stainless steel appliances, in-unit washer and dryer, smart locks, Nest thermostats, security cameras, fire sprinklers, and dual-pane windows. A centralized network system provides free Wi-Fi, security camera connectivity, and hardwired Ethernet access to every unit, adding value for both owners and tenants. Additional highlights include: Fully leased with strong, stable cash flow No rent control Gated property with 6 on-site parking spaces Separate gas, electric meters, and electrical panels Individual solar systems for each primary unit Modern construction with low maintenance costs Ideally located near major freeways, shopping, dining, and employment centers, this is a rare opportunity to acquire a high-performing, newer construction asset at one of the best values on the market. Please see the Supplements for the detailed Cap Rate analysis.
| MLS # | SR23163447 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2023 |
| Days On Site | 344 |
| Listing Provided By | Bijan Team Realty | Bijan Kamrava |
| SQ Feet | 5,858 |
|---|---|
| Garage | 6 |
| Story(s) | 3 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | LAR3 |
| Acreage | 0.12 |
| Property View | Yes |
| Cooling | Central Air, Ductless, Electric, Gas |
|---|---|
| Heating | Central, Ductless |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Bedroom On Main Level, Main Level Primary, Walk In Closets |
| Window Features | Double Pane Windows, Insulated Windows, Screens |
| Appliances | Six Burner Stove, Dishwasher, Free Standing Range, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater, Water To Refrigerator, Water Purifier |
| Fireplace Yes / No | No |
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Flat |
| Security Features | Security System, Security Lights |
| Construction Materials | Plaster, Stucco, Vinyl Siding |
| Foundation Details | Slab |
| Lot Features | Two To Five Units Acre |
| Fencing | Masonry, Vinyl |
| Parking Features | Assigned, Driveway Level |
|---|---|
| Garage Yes / No | Yes |
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Electricity On Property, Photovoltaics Seller Owned |
| Sewer | Public Sewer |
| Community Features | Gutters, Storm Drains |
|---|
| Property | 18331 |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lake Balboa |
| Zip Code | 91406 |
| Area | LKBL Lake Balboa |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lake Balboa |
| Zip Code | 91406 |
| Area | LKBL Lake Balboa |
![]() | $3,390,0006826 N Whitman AvenueVan Nuys, CA 91406 |