Lake Balboa (LKBL) Real Estate

Welcome to Lake Balboa, a hidden gem nestled in the heart of the San Fernando Valley in Los Angeles County, California. This vibrant neighborhood, bordered by the picturesque Balboa Park and the serene Lake Balboa, offers a unique blend of suburban charm and urban convenience that is hard to resist.

Lake Balboa is renowned for its lush green spaces and recreational opportunities. The expansive Lake Balboa Park features a scenic lake surrounded by walking and biking trails, perfect for outdoor enthusiasts and families alike. Enjoy a leisurely stroll, a picnic by the water, or an invigorating jog while soaking in the stunning views of the San Fernando Valley. The park is also home to various sports facilities, including tennis courts and baseball fields, making it an ideal spot for active living.

The community is characterized by its diverse population and friendly atmosphere, where neighbors greet each other with warmth and camaraderie. Lake Balboa boasts a rich cultural tapestry, with a variety of dining options, shopping centers, and local markets that reflect the area’s multicultural heritage. Whether you’re craving authentic Mexican cuisine, trendy cafes, or artisanal bakeries, you’ll find it all within reach.

Conveniently located near major freeways, Lake Balboa offers easy access to downtown Los Angeles and beyond, making it a perfect choice for commuters. With its excellent schools, family-friendly environment, and an array of amenities, Lake Balboa is not just a place to live; it’s a place to thrive. Come discover the charm of Lake Balboa, where community spirit meets natural beauty!

Newest Listings in Lake Balboa (LKBL)

$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. This is NOT a Flip. True pride of ownership. The pool home everyone waits for in Lake Balboa. A newly refinished saltwater pool. On a tree lined 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.

$614,900

3 Beds ⋅ 3 Baths ⋅ OC26197162 MLS

Looking for a home that gives you a little more room to live, work and have room for what matters? This 3-bedroom, 3-bath Lake Balboa townhome features a flexible layout with the space and separation that makes everyday living easier. The main level features a bright living room with fireplace, dining area, and a private balcony perfect for morning coffee or winding down at the end of the day. Upstairs, two bedrooms each have their own ensuite bathroom, including a spacious primary suite with a second private balcony. Laundry is also conveniently located upstairs near the bedrooms. Downstairs, the attached 2-car garage provides direct access to the home along with additional bonus space that can easily serve as a home office, gym, hobby space or extra storage.

6540 Hayvenhurst Avenue Unit 35, Lake Balboa

Listing courtesy of Listing Agent: Byron Baba (byron@baba-homes.com) from Listing Office: Keller Williams 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.

$625,000

3 Beds ⋅ 2 Baths ⋅ 26985311 MLS

Opportunity awaits on a rare cul-de-sac in Lake Balboa! This fixer offers a chance to reimagine, renovate, or potentially start fresh and create something entirely your own. A detached garage offers potential for an ADU, while the spacious backyard, with an existing empty pool, provides plenty of room for a future outdoor retreat. Ideally located adjacent to the Van Nuys Golf Course and just minutes from Lake Balboa Park, the Encino Farmers Market, Sepulveda Basin Off-Leash Dog Park, and the many recreational amenities of the Sepulveda Basin. Convenient access to the 405 makes getting around the Valley and beyond a breeze. Bring your contractor, your imagination, and your vision, for this is a property with possibilities.

16431 Hamlin Street, Lake Balboa

Listing courtesy of Listing Agent: Mary Hill (marydigsla@gmail.com) from Listing Office: Sotheby's International Realty.

$1,150,000

4 Beds ⋅ 2 Baths ⋅ SR26193355 MLS

Welcome to 7032 Encino Ave, a spacious 4-bedroom, 2-bathroom single-family home offering approximately 1,928 square feet of living space on an approximately 8,193-square-foot lot. Built in 1951, this home features a traditional layout with plenty of room to personalize and make it your own. Highlights include central heating and air conditioning and a PAID-OFF SOLAR SYSTEM, offering energy efficiency and the potential for reduced utility costs. The generous approximately 60' x 136' lot provides ample outdoor space and potential for future possibilities. Ideally located in the Lake Balboa area of Van Nuys, the property offers convenient access to major streets, shopping, dining, parks, schools, and everyday amenities. A great opportunity for buyers seeking space, location, and potential in the San Fernando Valley.

7032 Encino, Lake Balboa

Listing courtesy of Listing Agent: George Kpachavi (george@kpachavirealestate.com) from Listing Office: LPT Realty, Inc.

$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.

$950,000

3 Beds ⋅ 1 Baths ⋅ OC26127605 MLS

Some homes simply have a feeling you can't manufacture, and 6724 De Celis is one of them. Set along a charming, Storybook-like tree-canopied street that feels like a step back in time, this enchanting Lake Balboa home is surrounded by grassy parkways, mature trees and beautifully kept homes showcasing the character of an earlier Los Angeles. For many years, this was the almost-forever home of a prolific artist, and it is easy to understand why. Natural light pours through windows on nearly every wall, illuminating beautiful hardwood floors and creating a warm, cheerful connection between indoors and out. The living and dining areas flow beautifully into an impressive family room addition with vaulted open-beam wood ceilings, a romantic stone fireplace and sliding doors to the backyard. Tucked within this wonderful space is a generous artist/craft retreat concealed behind accordion doors; leave your paints, projects, crafts or homework spread out, close the doors when guests arrive, and pick up right where you left off. The ultra-charming kitchen retains its delightful pale yellow and black tile, while a beautiful stained-glass window adds another touch of personality. Three spacious bedrooms offer generous closets and wonderful natural light. A full bath, convenient laundry room with side access and attached two-car garage complete the home. Outside, a brick-trimmed front porch is tucked behind a mature privacy hedge, while the backyard holds another surprise: an adorable freestanding mini-house with windows, door and roof—ready for storage, creative space, office, exercise room or a quiet getaway. And then there is Lake Balboa itself. In the middle of Los Angeles, this special neighborhood offers something increasingly rare - nature, green space and recreation. Nearby are Lake Balboa Park, Woodley Park, the Sepulveda Basin Wildlife Reserve, miles of walking and biking paths, dog park, farmers market, three public golf courses and Balboa Sports Center. Ventura Boulevard shopping and dining are minutes away, with convenient access to the 101 and 405. Enchanting, artistic, light-filled and wonderfully original—6724 De Celis is one of those special places that simply feels like home.

6724 De Celis Place, Lake Balboa

Listing courtesy of Listing Agent: Kimber Wuerfel (kimber@callkimber.com) from Listing Office: Kimber/Alana Boutique Real Estate.

$1,000,000

3 Beds ⋅ 3 Baths ⋅ 26984497 MLS

Beautifully maintained Lake Balboa home on an approximately 10,907 sq ft lot double lot. Featuring 2 bedrooms plus a versatile den, 2.5 bathrooms, spacious living areas, updated kitchen, hardwood floors, solar panels, and central HVAC. The private backyard offers mature landscaping and multiple patios for entertaining. Prime location near Lake Balboa Park, shopping, dining, Costco, and the 405. Call or text for a private showing today!

15719 Vose Street, Los Angeles

Listing courtesy of Listing Agent: Hosh Maha (hosh@estatexrealty.com) from Listing Office: EstateX inc..

$1,195,000

3 Beds ⋅ 3 Baths ⋅ 26943911 MLS

A RARE, FULLY VACANT TWO-RESIDENCE INCOME PROPERTY WITH PROJECTED COMBINED RENT OF APPROXIMATELY $7,390 PER MONTH. No existing tenants, no existing leases, and no waiting for units to become available. The next owner can select tenants, establish rents, and put both residences to work immediately. Offered at $1,195,000 with projected annual gross income of approximately $88,680, the investment calculates to a 13.48 pro forma GRM and an estimated 5.2% pro forma cap rate based on projected rents and expenses. The property combines a substantially renovated 2-bedroom, 2-bath main residence with a permitted, NEW-CONSTRUCTION 1-bedroom, 1-bath ADU with private access and its own outdoor area. The main residence also features a former third bedroom with a closet, now configured as a flexible work, office, den, or podcasting space, an especially useful feature for today's work-from-home lifestyle. Major improvements include plumbing, electrical, HVAC, sewer to ADU, tankless water heater, pool finish, landscaping, gates, driveway, and more. Projected rents are approximately $4,895/month for the main residence and $2,495/month for the ADU. The seller may be willing to install utility submetering as negotiated with the buyer. Additional features include a private swimming pool, multiple outdoor areas, and off-street parking for up to three vehicles. For an investor, this is an opportunity to acquire two improved residences completely vacant and establish a rental program from a clean slate. For an eligible owner-occupant, the property may also offer the opportunity to live in one residence, rent the other, and explore low-down-payment FHA or VA financing, with qualifying ADU income potentially considered by the lender, subject to applicable program requirements. Projected rental income, NOI, GRM, and cap rate are pro forma estimates only and should be independently verified by the buyer and their agent.

7530 & 7532 Gaviota Avenue, Los Angeles

Listing courtesy of Listing Agent: Roddy de la Garza (roddy@roddydelagarza.com) from Listing Office: Epique Realty.

$979,000

3 Beds ⋅ 2 Baths ⋅ SR26189695 MLS

NEW LISTING! WELCOME TO “ SERENTITY IN THE VALLEY !”LOCATED on the MOST COVETED AND QUIET streets in Lake Balboa and Encino Adjacent .The Property is surrounded by 1/2 acre ESTATE lots UNDER A CANOPY OF MAJESTIC OAK TREES. This Spacious ,almost 1800 sf HOME has a Great Room with Cozy Fireplace and OPEN Floor plan. There is an REMODELED KITCHEN with a Breakfast Nook off the Family room with soaring Cathedral ceilings and a second fireplace. Three OVERSIZED BEDROOMS , INCLUDING A PRIMARY ENSUITE are located on opposite sides of the home . TWO UPDATED baths complete the charm of this Storybook home. THE GENEROUS SIZE Private Backyard is an OASIS OF LUSH GREEN TREES. DOUBLE ATTACHED GARAGE HAS ADU POTENTIAL! YOU are Walking distance to a HUGE DOG PARK , ENCINO FARMER’S MARKET , SKATE PARK AND LAKE BALBOA” , A SYLISH LAKE WITH OVER 6 MILES OF WALKING AND BIKING PATHS, BOAT AND BIKE RENTALS . NEARBY ARE 3 Golf courses and Balboa Sports Center with Tennis, Pickleball and Basketball and AYSO soccer fields. National Blue Ribbon LEMAY ELEMENTARY school, Mullholland Magnet Middle school and BIRMINGHAM Charter HIGH SCHOOL are all walking distance . TRENDY RESTAURANTS AND SHOPPING ARE LOCATED NEARBY ON FAMOUS VENTURA BLVD IN ENCINO. NO WONDER LAKE BALBOA IS THE BEST KEPT SECRET IN THE VALLEY !! HOMES ON THIS STREET ARE HIGHLY SOUGHT AFTER AND RARELY ON THE MARKET AND HAVE BEEN SELLING FOR WAY OVER A MILLION DOLLARS. SOME OF THE HIGHEST PRICES IN LAKE BALBOA HAVE BEEN RECORDED ON THIS STRETCH OF ANDASOL ! ANDASOL AVENUE IS TRULY LOCATION , LOCATION, LOCATION !!! CHECK OUT OUR “3D VIRTUAL TOUR AND SHOWCASE LISTING” ON ZILLOW !

6566 Andasol Avenue, Lake Balboa

Listing courtesy of Listing Agent: Peggy Graham-Nyman (peggynyman@aol.com) from Listing Office: The ONE Luxury Properties.

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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.