Fourplex
Listing Agent: Miguel Aguayo (DRE #01455832) · Listing Office: Custom Mtg Inc · Contact: 310-709-6304 · MLS #SR26044187 · Source: CRMLS
6550 Balboa sold for $1,550,000 in September 2026, 3.7% over its $1,495,000 list price, after 99 days on the market. It was first listed at $1,595,000. That works out to $381 per square foot on 4,063 square feet. Across 145 closed sales in 91406 over the last 12 months, the median sold price is $885,000 and the median is $561 per square foot — 47% above this sale's $381.
| Quarter | Closed sales in 91406 | Median sold price |
|---|---|---|
| Q1 2026 | 15 | $895,000 |
| Q2 2026 | 71 | $850,000 |
| Q3 2026 | 59 | $906,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Van Nuys · Homes for sale in 91406
Exceptional income-producing quadruplex in the heart of Lake Balboa! This beautifully maintained 2-story, 4-unit investment property offers a total of 4,018 sq ft of living space on a generous 6,120 sq ft lot. Each unit features 2 bedrooms and 2 bathrooms — a rare and highly desirable configuration for multi-family. The front unit has been recently remodeled with a stunning modern kitchen featuring sleek dark flat-panel cabinetry, quartz countertops, designer glass tile backsplash, and all stainless steel appliances including gas range, microwave, and dishwasher. Bathrooms showcase elegant marble-look porcelain tile, glass-enclosed showers, and contemporary dark vanities with quartz tops. The remaining three units are also updated with granite counters, newer appliances, and refreshed bathrooms. Property highlights include central A/C and forced air heating in every unit, dual-pane windows throughout, durable concrete tile roof, and modern tile flooring. Ample parking with an 8-car attached covered carport accessed via a gated rear alley — tenants never need to use the busy street. The fully fenced and private front yard provides a quiet, secure feel despite the convenient location. Zoned LARD1.5 with strong rental income potential. Ideally situated near shopping, dining, parks, and major freeways for easy commuting. A turnkey investment opportunity with proven cash flow in one of the San Fernando Valley's most sought-after rental markets. Incredible opportunity for an owner-user or investor! This beautifully maintained 4-unit property is perfect for a buyer looking to live in one of the spacious 2-bed/2-bath units while renting out the other three to generate income and offset monthly mortgage payments.
Listing description from the September 2026 sale, as reported to CRMLS.
MLS-reported closed sales in 91406, nearest first (last 12 months). All recent sales in Van Nuys →
6550 Balboa last sold in September 2026 for $1,550,000, according to CRMLS-reported closed sales.
$1,550,000, 3.7% above the $1,495,000 list price, after 99 days on the market — about $381 per square foot.
145 homes closed in ZIP 91406 over the last 12 months at a median of $885,000 ($561 per square foot). This sale was $381 per square foot.
6550 Balboa is not currently listed on the MLS. Browse current homes for sale in Van Nuys on Nalren.