6440 Balboa Blvd

• Large Townhome Unit Mix : The property features 4 large units averaging ±1,430 SF, comprised of 2x 2BR/2.5BA and 2x 3BR/2.5BA layouts.
• Garage-Driven Tenant Appeal : All 4 units include 2-car garages, a practical amenity that supports leasing for the property’s larger floor plans.
• Unrestricted Rental Upside & Lower CapEx : The property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), allowing investors to capture full market rate increases with minimal near-term maintenance requirements.
• Unit Amenities : Each unit has washer dryer hookups and private balconies.
• In-Place Cash Flow : The asset is underwritten at $74,779.78 NOI on current operations, providing immediate income with a clear path to higher stabilized performance.
• Stabilized NOI Growth : Under the optimistic underwriting, NOI increases from $74,779.78 currently to $106,927.78 at market rents.