Lake Balboa Real Estate

Lake Balboa Real Estate

Welcome to Lake Balboa, a hidden gem nestled in the heart of Los Angeles County, California. This vibrant neighborhood offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike.

Lake Balboa is renowned for its picturesque park, which boasts a beautiful lake surrounded by lush greenery and walking trails. The park is a hub for outdoor enthusiasts, offering opportunities for picnicking, fishing, and enjoying the serene environment. On weekends, families gather for fun-filled days, while joggers and cyclists take advantage of the scenic paths that wind through the area.

The community is characterized by its charming residential streets lined with a mix of mid-century homes and modern developments, creating an inviting atmosphere. Lake Balboa's diverse population contributes to a rich cultural tapestry, with local eateries and shops reflecting the area's eclectic spirit. From cozy cafes to trendy boutiques, there is something for everyone to enjoy.

Conveniently located near major freeways, Lake Balboa offers easy access to the bustling city of Los Angeles, ensuring that residents can enjoy the best of both worlds. Whether you're commuting to work or exploring the vibrant arts and entertainment scene, you'll find that everything you need is just a short drive away.

With its friendly community vibe, abundant green spaces, and prime location, Lake Balboa is not just a place to live—it's a place to thrive. Come discover the charm of Lake Balboa and envision your next chapter in this delightful neighborhood!

Newest Listings in Lake Balboa

$1,039,000
3 Beds 2 Baths SR26196507 MLS
Welcome to this meticulously reimagined Lake Balboa home, privately set on a quiet street and thoughtfully redesigned to blend clean modern finishes with a warm, inviting feel, creating an elevated living experience in one of the area's most coveted pockets. Inside, an abundance of natural light amplifies the openness of the space, while expansive windows and sliding glass doors fill the home with a bright, airy ambiance. The open-concept layout seamlessly connects the kitchen with the living and dining areas, creating an ideal setting for entertaining and everyday living. The comfortable primary suite offers a peaceful retreat with its own en-suite bathroom featuring a walk-in shower and elegant vanity, while two additional generously sized bedrooms provide flexibility for guests, family, or a home office. The expansive backyard serves as a private oasis, featuring a sprawling lawn and spacious patio perfect for outdoor dining, relaxing, or entertaining, all surrounded by lush landscaping that extends to the manicured front yard, where curated greenery and an extended driveway enhance the home's exceptional curb appeal. The detached garage presents an outstanding opportunity for a future ADU, home office, gym, or studio, adding both versatility and long-term value. Set in one of Lake Balboa's most desirable neighborhoods, this home delivers a refined blend of comfort, style, and modern living.

17200 Lanark Street, Lake Balboa

Listing courtesy of Listing Agent: Daniel Ohana (daniel.ohana@yahoo.com) from Listing Office: The Agency.

$899,000
3 Beds 2 Baths SR26192956 MLS
Over $75,000 in recent updates. The pool home everyone waits for in Lake Balboa. A newly refinished saltwater pool. A finished garage ready to become your office or gym. All on a quiet street in Lake Balboa, where pool homes come up a few times a year and turnkey ones almost never. This is the one you don't have to fix. You just move in. The big things are already handled. Brand new roof. Fresh paint inside and out. New laminate flooring throughout. Updated dual pane windows with plantation shutters, recessed lighting, and ceiling fans in every room to keep the house comfortable through the hottest Valley afternoons. The expensive work is done. The cosmetic work is done. You get the keys and start living. The oversized galley kitchen was designed by a chef, and you can see it in the layout. Long stretches of white quartz counters give you serious prep space, while abundant white shaker cabinetry with soft close doors keeps everything within reach. An oversized stainless steel farmhouse sink sits beneath a bay window overlooking the backyard and pool, so you can keep an eye on the kids while dinner comes together. A pot filler over the stove, stainless appliances, and a built in wine fridge round it out. There's room to prep, cook, serve, and actually store everything a real kitchen needs. This isn't a kitchen designed just to look good in photos. It was built to be cooked in, every single day. Out back, the yard is private, low maintenance, and built around the pool. Fresh turf gives kids and pets room to run without a lawn to mow. Mature lemon and mandarin trees add color, shade, and a little California to the landscape. And the pool has been completely refreshed with new tile, new coping, Pebble Tec, and a saltwater system that's easy on skin and easy to maintain. Morning coffee by the water. Kids in the pool all afternoon. Dinner on the patio. Friends over on a Saturday night. This backyard doesn't just come with the house. It changes how you live in it. Even the garage gives you more. Already finished with drywall, it's ready to become a home office, gym, studio, or flex space the day you move in, with a pull down attic ladder above for the kind of extra storage that's hard to find. And when you do leave, you're minutes from Lake Balboa Park, the Sepulveda Basin off leash dog park, and the Sunday Encino Farmers Market, with shopping, dining, and freeway access all close by. Come see it before it's gone.

6459 Aldea Avenue, Lake Balboa

Listing courtesy of Listing Agent: Seann Brown (seann@seannhomes.com) from Listing Office: Park Regency Realty.

$798,000
3 Beds 2 Baths PF26197286 MLS
Move-in ready single family residence located in a desirable pocket of Lake Balboa. This charming traditional home is situated east of Balboa Blvd near Lake Balboa Park, Birmingham Community Charter High School, Mulholland Middle School, and multiple golf courses. The convenient location offers easy access to the 405 and 101 freeways, ideal for commuters. Adorned by beautiful mature ash trees, this stretch of Rubio Avenue terminates at both the north and south ends of the block, thus minimizing through traffic. The street is a part of Los Angeles' "cool streets" program. Built in 1950 the home features 3 bedrooms, 2 bathrooms, and an open floor plan. Upon entering the you will notice beautiful hardwood floors, a dining space, and a spacious kitchen. There are three bedrooms off the hallway, including one bedroom with a private bathroom that can function as a primary suite, guest suite, office, or family room. The home is well designed offering plenty of storage and closet space in the hallway and bedrooms. Important upgrades the next owner will enjoy include an upgraded 200-amp electrical panel, 50-amp sub-panel in the garage, Romex wiring, dual-pane windows with an upgraded noise reduction package, smart home features, copper supply pipes, central heating and AC, and a younger roof. In addition, the property comes with a detached 2-car garage, a fenced storage space behind the garage, a privacy gate at the driveway, and the lush backyard is ornamented by bougainvillea, a jacaranda tree, Dwarf lemon and lime trees, and a lovely covered patio. The property also offers a 6,000 SF lot, per the LA County Assessor, and 1,119 SF of living space per professional measurement. All appliances are included in the sale. This is the ideal property for a buyer seeking a turnkey home in a convenient and picturesque community.

6705 Rubio Avenue, Lake Balboa

Listing courtesy of Listing Agent: James Tripodes (jimtripodes@gmail.com) from Listing Office: COMPASS.

$1,599,999
37 Beds 37 Baths 26985771 MLS
Welcome to 6401 Whitman, a fully entitled 37 unit RTI( Ready to Issue) permit project perfect for Developers, Investors, Contractors, Builders ready to pull permits and start building right away. This SHOVEL READY 100% Affordable ED1 project in Lake Balboa featuring 37 units including a manager's office that can be converted into a unit, 19-1 bedroom, 18- studios across a Type V, four story, fully stacked designed which features all wood frame floors on a corner lot that is a currently a vacant land. This design has significant savings in construction costs and time maximizing the most units with significantly lower construction costs compared to 5 stories and taller projects such as, Type III. Located in one of San Fernando valley's vibrant and high demand areas, Lake Balboa is just minutes to Encino, Sherman Oaks, Van Nuys and the property located directly across the street to Woodley park which is considered a high resource area on the map. The property is also directly across the street to the Orange Line and the freeway, while major shopping stores like Super King and COSTCO are very close by as well. Due to its central location, the area is within top employment hubs and is easy access to Encino, it is a highly desirable and attractive area that has lots of brand new construction apartments buildings nearby. The property is located in a TOC Tier 3 area because of it just a walk across the street to the Metro/Orange Line, making this very walkable and bike friendly. The stackable design features 15,111 square feet of livable area and 16,780 square feet of buildable area with units ranging from 268- 338 sq ft Studios and 352 to 465 sq ft- One bedrooms. Based on the most recent schedule 6 & 9 rents from the covenant, the total monthly rents from the 37 units would bring an estimated monthly gross income of $75,482 and yearly gross income of $905,784, or a buyer can look into achieving higher rents with Section 8 vouchers (buyer to verify). The most recent new Section 8 Voucher payment standards has this property and Zip code considered a TIER 7 with 1 bd priced at $2,370 and Studios at $2,110. Each floor has a laundry room, outdoor bicycle area and storage. The property is currently a vacant land ready to start building right away, shovel ready!! The plans have no parking required, so developers don't have to pencil the high costs that come with on-grade parking, increasing additional significant savings to the project's construction costs and affordability. A developer can break ground right away and there has been a lot of money invested in the area, LOCATION, LOCATION, LOCATION. Each unit is designed for maximum affordability and optimized rental income. This development presents a ultra rare and immediate opportunity for developers to bring much-needed affordable housing to one of San Fernando Valley's most sought-after areas. BUYER TO VERIFY ALL!

6401 Whitman Ave, Lake Balboa

Courtesy of Keller Williams Hollywood Hills, Daniel Lalezari - CA DRE#01949474

$1,599,999
26985765 MLS
Welcome to 6401 Whitman, a fully entitled 37 unit RTI( Ready to Issue) permit project perfect for Developers, Investors, Contractors, Builders ready to pull permits and start building right away. This SHOVEL READY 100% Affordable ED1 project in Lake Balboa featuring 37 units including a manager's office that can be converted into a unit, 19-1 bedroom, 18- studios across a Type V, four story, fully stacked designed which features all wood frame floors on a corner lot that is a vacant land. This design has significant savings in construction costs and time maximizing the most units with significantly lower construction costs compared to 5 stories and taller projects such as, Type III. Located in one of San Fernando valley's vibrant and high demand areas, Lake Balboa is just minutes to Encino, Sherman Oaks, Van Nuys and the property located directly across the street to Woodley park which is considered a high resource area on the map. The property is also directly across the street to the Orange Line and the freeway, while major shopping stores like Super King and COSTCO are very close by as well. Due to its central location, the area is within top employment hubs and is easy access to Encino, it is a highly desirable and attractive area that has lots of brand new construction apartments buildings nearby. The property is located in a TOC Tier 3 area because of it just a walk across the street to the Metro/Orange Line, making this very walkable and bike friendly. The stackable design features 15,111 square feet of livable area and 16,780 square feet of buildable area with units ranging from 268- 338 sq ft Studios and 352 to 465 sq ft- One bedrooms. Based on the most recent schedule 6 & 9 rents from the covenant, the total monthly rents from the 37 units would bring an estimated monthly gross income of $75,482 and yearly gross income of $905,784, or a buyer can look into achieving higher rents with Section 8 vouchers (buyer to verify). The most recent new Section 8 Voucher payment standards has this property and Zip code considered a TIER 7 with 1 bd priced at $2,370 and Studios at $2,110. Each floor has a laundry room, outdoor bicycle area and storage. The property is currently a vacant land ready to start building right away, shovel ready!! The plans have no parking required, so developers don't have to pencil the high costs that come with on-grade parking, increasing additional significant savings to the project's construction costs and affordability. A developer can break ground right away and there has been a lot of money invested in the area, LOCATION, LOCATION, LOCATION. Each unit is designed for maximum affordability and optimized rental income. This development presents a ultra rare and immediate opportunity for developers to bring much-needed affordable housing to one of San Fernando Valley's most sought-after areas. BUYER TO VERIFY ALL!

6401 Whitman Ave, Lake Balboa

Courtesy of Keller Williams Hollywood Hills, Daniel Lalezari - CA DRE#01949474

$1,599,999
37 Beds 37 Baths 26985771 MLS
Welcome to 6401 Whitman, a fully entitled 37 unit RTI( Ready to Issue) permit project perfect for Developers, Investors, Contractors, Builders ready to pull permits and start building right away. This SHOVEL READY 100% Affordable ED1 project in Lake Balboa featuring 37 units including a manager's office that can be converted into a unit, 19-1 bedroom, 18- studios across a Type V, four story, fully stacked designed which features all wood frame floors on a corner lot that is a currently a vacant land. This design has significant savings in construction costs and time maximizing the most units with significantly lower construction costs compared to 5 stories and taller projects such as, Type III. Located in one of San Fernando valley's vibrant and high demand areas, Lake Balboa is just minutes to Encino, Sherman Oaks, Van Nuys and the property located directly across the street to Woodley park which is considered a high resource area on the map. The property is also directly across the street to the Orange Line and the freeway, while major shopping stores like Super King and COSTCO are very close by as well. Due to its central location, the area is within top employment hubs and is easy access to Encino, it is a highly desirable and attractive area that has lots of brand new construction apartments buildings nearby. The property is located in a TOC Tier 3 area because of it just a walk across the street to the Metro/Orange Line, making this very walkable and bike friendly. The stackable design features 15,111 square feet of livable area and 16,780 square feet of buildable area with units ranging from 268- 338 sq ft Studios and 352 to 465 sq ft- One bedrooms. Based on the most recent schedule 6 & 9 rents from the covenant, the total monthly rents from the 37 units would bring an estimated monthly gross income of $75,482 and yearly gross income of $905,784, or a buyer can look into achieving higher rents with Section 8 vouchers (buyer to verify). The most recent new Section 8 Voucher payment standards has this property and Zip code considered a TIER 7 with 1 bd priced at $2,370 and Studios at $2,110. Each floor has a laundry room, outdoor bicycle area and storage. The property is currently a vacant land ready to start building right away, shovel ready!! The plans have no parking required, so developers don't have to pencil the high costs that come with on-grade parking, increasing additional significant savings to the project's construction costs and affordability. A developer can break ground right away and there has been a lot of money invested in the area, LOCATION, LOCATION, LOCATION. Each unit is designed for maximum affordability and optimized rental income. This development presents a ultra rare and immediate opportunity for developers to bring much-needed affordable housing to one of San Fernando Valley's most sought-after areas. BUYER TO VERIFY ALL!

6401 Whitman Avenue, Lake Balboa

Listing courtesy of Listing Agent: Daniel Lalezari (Dlalezari@gmail.com) from Listing Office: Keller Williams Hollywood Hills.

$1,599,999
26985765 MLS
Welcome to 6401 Whitman, a fully entitled 37 unit RTI( Ready to Issue) permit project perfect for Developers, Investors, Contractors, Builders ready to pull permits and start building right away. This SHOVEL READY 100% Affordable ED1 project in Lake Balboa featuring 37 units including a manager's office that can be converted into a unit, 19-1 bedroom, 18- studios across a Type V, four story, fully stacked designed which features all wood frame floors on a corner lot that is a vacant land. This design has significant savings in construction costs and time maximizing the most units with significantly lower construction costs compared to 5 stories and taller projects such as, Type III. Located in one of San Fernando valley's vibrant and high demand areas, Lake Balboa is just minutes to Encino, Sherman Oaks, Van Nuys and the property located directly across the street to Woodley park which is considered a high resource area on the map. The property is also directly across the street to the Orange Line and the freeway, while major shopping stores like Super King and COSTCO are very close by as well. Due to its central location, the area is within top employment hubs and is easy access to Encino, it is a highly desirable and attractive area that has lots of brand new construction apartments buildings nearby. The property is located in a TOC Tier 3 area because of it just a walk across the street to the Metro/Orange Line, making this very walkable and bike friendly. The stackable design features 15,111 square feet of livable area and 16,780 square feet of buildable area with units ranging from 268- 338 sq ft Studios and 352 to 465 sq ft- One bedrooms. Based on the most recent schedule 6 & 9 rents from the covenant, the total monthly rents from the 37 units would bring an estimated monthly gross income of $75,482 and yearly gross income of $905,784, or a buyer can look into achieving higher rents with Section 8 vouchers (buyer to verify). The most recent new Section 8 Voucher payment standards has this property and Zip code considered a TIER 7 with 1 bd priced at $2,370 and Studios at $2,110. Each floor has a laundry room, outdoor bicycle area and storage. The property is currently a vacant land ready to start building right away, shovel ready!! The plans have no parking required, so developers don't have to pencil the high costs that come with on-grade parking, increasing additional significant savings to the project's construction costs and affordability. A developer can break ground right away and there has been a lot of money invested in the area, LOCATION, LOCATION, LOCATION. Each unit is designed for maximum affordability and optimized rental income. This development presents a ultra rare and immediate opportunity for developers to bring much-needed affordable housing to one of San Fernando Valley's most sought-after areas. BUYER TO VERIFY ALL!

6401 Whitman Avenue, Lake Balboa

Listing courtesy of Listing Agent: Daniel Lalezari (Dlalezari@gmail.com) from Listing Office: Keller Williams Hollywood Hills.

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.