6506 Balboa

    Van Nuys, CA 91406
    • $1,160,000
    • STATUS: Active
    • ON SITE: 117 days
    • ID#: 18335814
    UPDATED: 80 min ago
    $1,160,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,902
      SQFT
    • $400
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    - Seller believes all info relating to the unit type'sis accurate but Buyer to verify all unit type information. - Buyer to verify increase dates; Scheduled rents include RSO & SCEP fee's. - Unit #4 is vacant, rents are projected.Over 39% Upside in Rents - NO Soft Story Retrofit Need (Buyer to Verify) - *5 Unit Apartment built in 1985/Front House in 1952.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-16T00:28:38.52. 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.
    www.playavistaliving.com/homes/82816022

    6506 Balboa Van Nuys, CA 91406

    • Price: $1,160,000
    • Status: Active
    • Updated: 80 min ago
    • ID#: 18335814
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,902
    SQFT
    $400
    $/SQFT
    1952
    Built
    Neighborhood:
    LKBL - Lake Balboa
    County:
    Los Angeles
    Area:
    LKBL - Lake Balboa
    Property Description
    - Seller believes all info relating to the unit type'sis accurate but Buyer to verify all unit type information. - Buyer to verify increase dates; Scheduled rents include RSO & SCEP fee's. - Unit #4 is vacant, rents are projected.Over 39% Upside in Rents - NO Soft Story Retrofit Need (Buyer to Verify) - *5 Unit Apartment built in 1985/Front House in 1952.
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Laundry Features See Remarks

    Property Features

    Cap Rate 4.75 Fuel Expense 782.00 Gross Multiplier 15.23 Gross Operating Income 76188.00 Improvements Amount 402413 Insurance Expense 1015.00 Land Value 216040 Laundry YN Yes Net Operating Income 55282.00 Special Listing Conditions Standard Total Expenses 19621.00 Trash Expense 1500.00 Water Sewer Expense 2616.00 Zoning Lard1.5

    Listing provided courtesy of Meir Mark Frydman of Keller Williams-Santa Monica.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-16T00:28:38.52. 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.
     
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