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  • 6440 Balboa Boulevard

6440 Balboa Boulevard, Lake Balboa, CA 91406

$1,799,000 Approx. USD 10 beds, 12 baths
5,721 sqft

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Photo of Xavier Inguanzo

Xavier Inguanzo REALTOR® - Sales Associate 626-695-1592 m
626-440-5100 o
949-565-8511 f
Lic#: 02233421
NRDS ID: 190015105
XavierInguanzo@bhhscal.com Text Me
Call My Cell
Call My Office
949-565-8511 f
Lic#: 02233421
NRDS ID: 190015105
XavierInguanzo@bhhscal.com Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
Phone: 626-440-5100
Fax: 626-568-8120
 Pasadena 540 South Lake Ave
Pasadena, CA 91101
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Listing Agent


Daniel Withers | daniel.withers@matthews.com
Lic#: 01325901
Broker: Courtesy of Matthews Real Estate Investment Services
Phone: 818-923-6107

Agent Remarks

Built in 1990, this gated four-unit multifamily property features an attractive townhouse-style unit mix consisting of two 2-bedroom, 2.5-bath units and two 3-bedroom, 2.5-bath units, averaging approximately 1,430 square feet each. Every unit offers a spacious open floor plan with a fireplace, large kitchen, private balcony, washer/dryer hookups, and a large attached two-car garage. Two units have also been updated with waterproof laminate flooring throughout the downstairs living areas and bathrooms. From an investor's perspective, the property offers strong in-place cash flow with significant upside potential. The asset is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), allowing ownership to capture full market rent increases. Current operations generate approximately $74,779 in annual NOI, with projected stabilized NOI of approximately $106,927 at market rents. With its desirable large-unit mix, family-oriented amenities, and limited near-term capital expenditure requirements, this property presents an excellent investment opportunity.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26865459
Price: $1,799,000
Beds: 10
Baths: 12
Built in 1990
5,721 sqft
0.14 acres
Lot size: 0.1405
County: Los Angeles
Zoning: LARD1.5
Parking description: Assigned,Concrete,On Street
Heating/cooling: Central Air
Heating description: Central
MLS area: LKBL - Lake Balboa

Last Updated: 7/29/2026

 Days On Market (DOM): 3

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This listing belongs to the LKBL - Lake Balboa MLS area

Lat/Long: 34.187892, -118.500747.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Xavier Inguanzo

Xavier Inguanzo REALTOR® - Sales Associate 626-695-1592 m
626-440-5100 o
949-565-8511 f
Lic#: 02233421
NRDS ID: 190015105
XavierInguanzo@bhhscal.com Text Me
Call My Cell
Call My Office
949-565-8511 f
Lic#: 02233421
NRDS ID: 190015105
XavierInguanzo@bhhscal.com
Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
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