6700 Balboa Blvd is a massive, brand new
construction 5-unit luxury townhome community in the heart of Lake Balboa. Just
steps from Balboa Park, near the golf course, and completely NON-RENTCONTROLLED!
Lake Balboa is experiencing extremely low inventory, especially
for new construction, contributing to consistently strong tenant demand
and low vacancy.This trophy asset offers striking curb appeal on a
rapidly evolving street and is fully leased at a strong 5.67% cap rate with
minimal expenses, making it an ideal turnkey addition to any portfolio.
Each of the five oversized tri-level townhomes (1,524–1,721 SF) features
4 bedrooms with en-suite baths, expansive living areas, and high-end
designer finishes throughout. Interiors include open-concept kitchens
with oversized islands, modern cabinetry, stainless steel appliances,
high ceilings, large closets, and spacious balconies off both living areas
and bedrooms. Additional features include drought-tolerant landscaping,
abundant natural light, and private garage parking accessed via a rear alley
(preferred by tenants). The property is separately metered for all utilities keeping
utility expenses at zero.
Located just minutes from the 80-acre Lake Balboa Park, the golf course, Ventura
Blvd, and major job hubs like Kaiser Permanente and CSUN, this property is also
surrounded by local hotspots like Salsa & Beer, House Roots Coffee, and The Drunken
Crab. With quick access to the 101 and 405 freeways, this location offers unbeatable
convenience. A rare, low-maintenance, cash-flowing asset in a supply-constrained,
high-demand Valley submarket.
Additional Features
- Central
- Landscaped
- Three Or More
- City Lights
- Neighborhood
- Parking spaces: 8.00
- Listing Status: Active
- Listing Agent: Lauren Cearley
(lic# 02146823)
of Burbank
- Listing Office: Myunits.com Inc.
(lic# 02230850)
- CO-Listing Agent: Cheyenne Womack
(lic# 02064825)
of Burbank
- CO-Listing Office: Myunits.com Inc.
(lic# 02230850)
-
Based on information from CRISNet MLS as of 8th August 2026 at 1:36am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
