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 and dryer hookups and private balconies.
In-Place Cash Flow: The asset is underwritten at $77,714 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 $77,714 currently to $110,708 at market rents.

Navigation Menu

6440 Balboa Blvd