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$1,900,000
SR26057806 MLS ⋅ Active Status
Exceptional opportunity to acquire a newly built 2025 4-unit income property offering immediate rental income and long-term investment potential. This fully permitted property features 4 separate residences, each with its own private entrance, address, and spacious yard, designed for privacy, comfort, and strong tenant appeal. The property consists of a beautifully updated 3-bedroom, 2-bath main residence along with 3 additional units, all showcasing modern finishes, stylish kitchens, and updated bathrooms. Each unit is individually metered for gas and electricity, helping minimize owner expenses and improve overall efficiency. Currently generating approximately $130,000 (annually) in rental income, this turnkey investment presents a compelling opportunity for investors seeking stable cash flow and the benefits of new construction with low maintenance. Located in a desirable San Fernando Valley neighborhood close to shopping, dining, parks, and major transportation routes, the property offers both convenience and strong rental demand. Ideal for investors or owner-users looking to live in one unit while generating income from the others, this is a rare opportunity to acquire a modern multi-unit property with immediate income and long-term upside.

7909 Aldea Avenue, Lake Balboa
$349,000
2 Beds ⋅ 2 Baths ⋅ 26658161 MLS ⋅ Active Under Contract Status
PRICE TO SELL NOW. Huge price reduction to sell! The seller has paid all current mandatory special assessments in full. This is a great opportunity to get a 2-bedroom home at an attractive price. Construction will be completed. The property will be sold as-is, which is why the price was reduced. Please submit a clean offer. The building is currently undergoing renovations and is expected to be upgraded into a more modern and attractive community. Now vacant and ready for immediate move-in! This upgraded and affordable condo offers great value for both owner-occupants and investors. The unit features a bright living room, dining area, and an updated kitchen. The primary bedroom includes a walk-in closet. Enjoy the convenience of an in-unit washer and dryer and central HVAC. The unit also includes two parking spaces. The building is undergoing improvements, which may add future value for the new owner. Community amenities include a gym, pool, and sauna. Excellent location near Lake Balboa, shopping centers, restaurants, and easy freeway access. Move-in ready.

7045 Woodley Avenue Unit 110, Van Nuys
$429,000
2 Beds ⋅ 3 Baths ⋅ SR26016889 MLS ⋅ Active Status
Welcome to 7045 Woodley Ave, Unit 124 — a rare Lake Balboa offering featuring two en-suite bedrooms, each with its own full bathroom, plus a convenient half bath on the main living level. This thoughtfully designed tri-level townhome offers over 1,000 square feet of flexible living space. One of only a limited number of units in the community with direct-access garage entry, this home includes a 2-car attached garage with a bonus storage room. The community is currently undergoing extensive upgrades, including improvements to the garage, balconies, pool/spa, exterior, common areas, and roof. Amenities include a pool and sauna. Priced within a value range of $399,000–$469,000, this property presents a unique opportunity. Seller may offer flexible options regarding the existing HOA special assessment, depending on the terms of the offer. Centrally located near the 405 freeway with convenient access to shopping, dining, and recreation. Buyer to independently verify all information.

7045 Woodley Avenue Unit 124, Lake Balboa
$2,495,000
SR23163447 MLS ⋅ Active Status
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.

6845 Haskell Avenue, Lake Balboa

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.