6533 Andasol Ave

Lake Balboa, CA 91406 View Map $1,250,000 Ask a Question
Sq.Ft. Lot13,193
Year1952
Meghan Nyback

Meghan Nyback

(818) 317-9146
License: 01908533

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Status: Sold
Property Type:Residential Income (Multi-Family)
MLS #:SR20251189
Date Sold:1/29/2021
Lot Size:13,193 Sq. Ft.
County:Los Angeles

Listing Agent/Office

Agent:Meghan Nyback
Office:Keller Williams Encino-Sherman Oaks
Welcome Home..To not just one, but TWO! Located in prime Lake Balboa on a 13,193 sq. ft. CORNER LOT, 6533 Andasol and 17411 Haynes is TWO renovated, single-story, 3 bed/2 bath homes(1,200 sq. ft. & 1406 sq. ft) on one lot, yet each still maintain their own private yard and entrance on separate streets. Perfect to live in one, and have the other for family/friends to be close. Or use the second home as investment income! Also, Detached garage with kitchenette. Great for a home office/business. Brand new landscaping, sod, smart sprinkler system. Main house has crown molding, modern kitchen with quartz countertops, stainless steel appliances, soft-close drawers, center island, white marble flooring, subway tile. Large bedrooms have walk-in closets, courtyard views of citrus trees. Also, built-in shelving, fireplace, recessed lighting, ceiling fans, new sewer line, tankless water heater, new windows, whole-house fan, central heat/air, renovated bathrooms, and laundry room. Entertainer's backyard is LARGE! 2nd Home built in 2019, has large open kitchen, recessed lighting, stainless appliances, washer-dryer, walk-in closet, en-suite bathroom, french doors open to a private backyard, and is built to LA Green Building Standards. No expense spared, and homes have been meticulously cared for. With this much home/work/investment potential all in one lot, there is no other property on the market quite like this. Come view this special property in one of the best locations in the valley.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
1/30/2021$1,294,000$1,250,000-3.4%

Community Information

Address:6533 Andasol Ave, Lake Balboa, CA 91406
Area:LKBL - Lake Balboa
County:Los Angeles
City:Lake Balboa
Zip Code:91406

Architecture

Year Built:1952
Stories:1
Number of Buildings: 2
Total Units: 2
Stories Total: 1
Unit 1: 1 Unit•3 Beds•2 Baths•Unfurnished•$3,800 actual rent•$3,800 total rent•$3,800 pro forma
Unit 2: 1 Unit•3 Beds•2 Baths•Unfurnished•$3,100 actual rent•$3,100 total rent•$3,300 pro forma
Garage Spaces: 2.0

Features / Amenities

Appliances: Dryer, Washer
Laundry: Inside
Common Walls: No Common Walls
Parking Total: 4.0
Cooling: Central Air
Heating: Central

Property Features

Lot Size: 0.3 Acres / 13,193 Sq. Ft.
Lot Features: Agricultural, Corner Lot, Landscaped, SprinklerSystem, Street Level, Yard
Sewer: Public Sewer
Water: Public
Zoning:LARA
Directions:South of Vanowen, East of White Oak

Tax and Financial Info

Buyer Financing: Conventional
Cap Rate: 6.0
Gross Income: $73,800
Gross Scheduled Income: $82,800
Net Operating Income: $73,800
Insurance Expense: $2,000
New Taxes Expense: $1,000
Operating Expense: $1,200
Terms: Cash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange
Land Lease: No

Schools

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Based on information from California Regional Multiple Listing Service, Inc. as of March 28, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
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