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$1,950,000
Est. payment /mo
6 Beds
6 Baths
2,782 SqFt
Open House
Sat Oct 18, 2:00pm - 4:00pm
Sun Oct 19, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Condo
Sub Type All Other Attached
Listing Status Active
Purchase Type For Sale
Square Footage 2,782 sqft
Price per Sqft $700
MLS Listing ID SR25242098
Bedrooms 6
Full Baths 5
Half Baths 2
Year Built 2005
Lot Size 7,182 Sqft
Property Sub-Type All Other Attached
Property Description
4 Legal Units | Endless Potential | Fully Permitted!! Exceptional opportunity to own a brand-new 2025 SB9 + ADU development featuring four fully permitted residences totaling approximately 2,782 sq. ft. of living space on a 7,182 sq. ft. lot. Designed for versatility, comfort, and long-term financial performance, this property is ideal for investors or multi-generational families seeking modern design and immediate income potential in the heart of Lake Balboa. Main Residence (7909 | ~1,184 sq. ft., 3 Bed / 2 Bath) Beautifully updated single-story home with open layout, designer kitchen, and bright, spacious living areas. SB9 Unit (7905 | ~594 sq. ft., 1 Bed / 1.5 Bath) Ground-level new construction with private entry, full kitchen, and contemporary finishes throughout. Attached ADU (7907 | ~530 sq. ft., 1 Bed / 1.5 Bath) Modern second-floor unit featuring high ceilings, elegant kitchen, and an efficient, light-filled layout. Detached ADU (7911 | ~474 sq. ft., 1 Bed / 1 Bath) Fully permitted garage conversion with private entrance, new finishes, and its own yard area. ?? Projected Annual Income: Approximately $132,600 ?? Estimated Gross Cap Rate: ~7.0% Located on a quiet residential street close to Lake Balboa Park, schools, shopping, and major freeways, this exceptional property offers turnkey new construction, strong income performance, and long-term investment security all in one of the Valleys most desirable neighborhoods.
Location
State CA
County Los Angeles
Direction East of Victory, North of Louise
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
View Valley/Canyon
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 2204011008
Special Listing Condition Standard
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Listed by Esti Klaiman Keller Williams Luxury
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