Lake Balboa 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 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 named after the picturesque lake that serves as the centerpiece of the area, providing residents with a serene escape from the hustle and bustle of city life. The expansive park surrounding the lake is perfect for leisurely strolls, picnics, and outdoor activities, while the lush greenery and beautiful walking paths invite you to explore the natural beauty that defines this community.

The region boasts a rich tapestry of cultural diversity, with a variety of dining options that reflect the eclectic tastes of its residents. From cozy cafes to international cuisine, there’s something to satisfy every palate. Additionally, Lake Balboa is conveniently located near major freeways, making it easy to access the vibrant attractions of downtown Los Angeles, Hollywood, and beyond.

Families will appreciate the excellent schools and community programs that foster a strong sense of belonging. With a range of local shops, farmers' markets, and recreational facilities, Lake Balboa is designed for a lifestyle that balances leisure and convenience.

Whether you're looking to invest in a charming home, find a rental, or simply explore the area, Lake Balboa offers a welcoming atmosphere and a bright future for all who call it home. Come discover the charm of Lake Balboa, where community spirit and natural beauty blend harmoniously.

Newest Listings in Lake Balboa

$875,000

3 Beds ⋅ 2 Baths ⋅ 26103590 MLS

On a quiet, tree-lined street in the heart of Lake Balboa, this 3-bed, 2-bath home was redesigned and finished by its owner, with a designer background, with over $70K in recent improvements. You can see it in every choice that's been made. Step inside and the living and dining area is one bright, open space with new engineered hardwood throughout. The fully remodeled kitchen has floating wood shelves, a breakfast bar, and a full suite of GE appliances, so it's built for people who love to cook. The dining area opens straight onto the covered patio for easy indoor-outdoor living. The primary suite sits apart from the rest of the house, with recessed lighting and a walk-in closet with real space. The other two bedrooms get great natural light, share a full hall bath, and work just as well as an office, gym, or guest room. The backyard is big, and mature hedges keep it private. The covered patio is made for morning coffee or weekend barbecues. A Tuff Shed is ready to be a studio, workshop, or extra storage, and the attached garage handles the rest. The house also has a new water heater, central air, dual-pane windows, and smart locks, and it was just repainted. Weekends here could mean a loop around Lake Balboa, a visit to the Japanese Garden, some time at the golf course and driving range, or a stop at the dog park - all just down the street.

17522 Runnymede St, Van Nuys

Courtesy of Compass, Kyle Amicucci - CA DRE#02063153

$925,000

3 Beds ⋅ 2 Baths ⋅ 26102697 MLS

Sellers have found their next home! Welcome to 17109 Burton street, a fully remodeled Lake Balboa dream home. Where modern style meets effortless California living. This spacious, beautifully upgraded pool home is ready for your growing family. Featuring featurin modern finishes, and newer systems throughout. Enjoy abundant and functional outdoor space both in the gated front yard and private backyard retreat - perfect for entertaining, relaxing, and enjoying LA living, year - round. Lastly, the finished garage completes your home with sleek and stylish epoxy finished flooring, perfect for your tail gate sports days, and more.

17109 Burton St, Lake Balboa

Courtesy of The Agency, Mercedeh Javid - CA DRE#01339234

$835,000

2 Beds ⋅ 1 Baths ⋅ 26998823 MLS

Welcome to 7244 Chicopee, where California cool meets design-forward living. Artfully reimagined and completely turn-key, this Lake Balboa stunner offers the perfect blend of mid-century ranch soul and clean, modern sophistication. Tucked away on a quiet cul-de-sac, the home greets you with a striking custom horizontal slat gate that opens into your private, sun-drenched sanctuary. Step inside the 944-square-foot interior where wide-plank flooring and crisp recessed lighting ripple across a luminous, open-concept floor plan. Two expansive picture windows and a seamless glass door designed to transition effortlessly from an intimate, light-filled sanctuary to an inviting venue for hosting under the stars. The kitchen is a visual statement featuring gleaming quartz countertops, a striking slat-wall design accent, premium stainless steel appliances, a chef-smart-ready gas range, and a spacious breakfast bar. Whether you're pouring slow-morning coffee in absolute peace or hosting an intimate dinner party that spills out into the evening air, this kitchen is engineered for both functional workspace and refined entertaining. The redesigned bathroom doubles as a minimalist retreat, pairing a floating dark vanity and matte black hardware with a frameless glass walk-in shower and striking penny-tile flooring. Step outside onto the generous 5,977-square-foot lot and discover a true modernist compound designed for dual-mode California living. Framed by indigo block walls, vibrant bougainvillea, and drought tolerant plants, the private backyard is an entertainer's paradise that effortlessly balances serene solitude with dynamic hosting capability. Twin metal-roofed pergolas structure the outdoor zones: a shaded lounge beneath bistro lighting and anchored by a central fire table for quiet, starlit evenings, alongside an adjacent al fresco dining pavilion complete with a built-in grill station. Step-stone paths wind past a cowboy pool and native landscaping, creating a seamless, resort-style flow that transitions effortlessly from peaceful daytime repose to unforgettable intimate evening gatherings.

7244 Chicopee Ave, Lake Balboa

Courtesy of eXp Realty of California Inc, Douglas Stockley - CA DRE#01755158

$359,000

1 Beds ⋅ 1 Baths ⋅ 219153986DA MLS ⋅ Cape Colony BLDG.

Centrally located in the desirable Lake Balboa / Van Nuys area, this upgraded first-floor condo offers convenient access to the 405 freeway, shopping, dining, and recreation. Situated in a well-maintained, smaller community of just 24 units, this property provides a more private and peaceful living environment.The unit features real bamboo hardwood flooring, fresh interior paint, and updated appliances, creating a clean and move-in ready space. Enjoy year-round comfort with central A/C and heating, along with a functional and open layout. Step outside to an oversized private patio, perfect for relaxing, entertaining, or creating your own outdoor retreat.Community amenities include a pool, spa/Jacuzzi, and outdoor BBQ area--ideal for enjoying the Southern California lifestyle.Additional highlights include a 2-car tandem garage with in-unit washer and dryer hookups, offering added convenience along with ample parking and storage.Located just minutes from Lake Balboa Park, parks, and walking trails, this home combines comfort, convenience, and value in one of the Valley's most accessible locations.

7307 Haskell Ave Unit 4, Van Nuys

Courtesy of eXp Realty of Greater LA, Brian Grushkin - CA DRE#02169261

$1,300,000

9 Beds ⋅ 7 Baths ⋅ 26992647 MLS

16057 Hartland Street presents a compelling opportunity to acquire a five-unit multifamily investment in a solid Van Nuys location, offering investors an attractive combination of current income and long-term rental growth. The property features a desirable unit mix of three one-bedroom/one-bathroom units and two three-bedroom/two-bathroom units.The two three-bedroom units were constructed in 2009 and are not subject to the Los Angeles City Rent Stabilization Ordinance (RSO),but are subject to CA State rent control, AB 1482. This allows an investor greater flexibility to capture future rental growth on the property's largest units without the LA City RSO restrictions. Residents enjoy proximity to Lake Balboa, the Sepulveda Basin Recreation Area, major shopping and dining corridors, and some of the San Fernando Valley's most established employment centers.Convenient access to the 405 and 101 Freeways provides connectivity throughout the Valley, Westside and greater Los Angeles. 16057 Hartland Street represents an opportunity to acquire a desirable multifamily asset with combination of two RSO-exempt three-bedroom units, a diversified unit mix, substantial parking and a strong Van Nuys location.

16057 Hartland St, Van Nuys

Courtesy of Marcus & Millichap, Brett Sanson - CA DRE#01387480

$720,000

2 Beds ⋅ 1 Baths ⋅ 26987517 MLS

This adorable 2-bedroom, 1-bath home offers a beautifully redesigned living space with thoughtful upgrades throughout. Move-in ready and full of charm, this inviting little blue house is the perfect alternative to renting or condo living. Step inside to discover new flooring in the living room, creating a warm and welcoming space to unwind. The remodeled kitchen blends style and functionality with updated finishes, a stainless steel stove, and a premium Bosch dishwasher, making everyday living both comfortable and convenient. Major improvements have already been completed, including copper plumbing and new Milgard dual-glazed windows for added efficiency, comfort, and peace of mind. Outside, the expansive lot offers endless possibilities for gardening, entertaining, expansion, or simply enjoying your own private outdoor space. A covered porch area creates the perfect setting for relaxing evenings or weekend gatherings with family and friends. Why share walls or pay HOA fees when you can enjoy the privacy and freedom of owning your own home? With its character, updates, oversized lot, and potential for an ADU, this charming property offers a rare opportunity to own a detached home that truly feels like your personal retreat.

7444 Oak Park Ave, Van Nuys

Courtesy of Compass, Karen Menjivar - CA DRE#01821901

$519,000

2 Beds ⋅ 3 Baths ⋅ 26990389 MLS ⋅ Balboa Park West Villas HOA BLDG.

Beautifully updated multi-level townhome-style residence offering a spacious, open-concept floor plan, private direct-access two-car garage, multiple balconies and resort-style community amenities in a desireable Van Nuys location near the Encino border and Lake Balboa. Enter through the gated community and enjoy the convenience of a private two-car garage with stackable washer and dryer and direct interior access. The lower level includes a versatile bonus area ideal for additional storage, a home office, fitness area or flexible-use space. The main living level opens to a bright and inviting living, dining and kitchen area featuring light wood-look-flooring, crown molding and recessed lighting throughout. A striking white brick fireplace with mantel creates a beautiful focal pont in the living room, while sliding doors open to a private balcony overlooking the community grounds and pool area. The updated kitchen features abundant cabinetry, dark stone-style countertops, decorative tile backsplace, stainless steel farmhouse-style sink and stainless steel appliancees, including an LG dishwasher and gas range. A convenient powder room and coat closet complete the main living level. Upstairs are two generously sized bedrooms and two additional bathrooms. The larger bedroom features crown molding, ample closet space and access to a private balcony with elevated neighborhood and community views. The beautifully updated hall bathrom showcases marble-look tile, a deep soaking tub, contemporarary vanity, recessed lighting and a Bio Bidet toilet. The second bedroom features its own en-suite bathroom with wood-look tile, frameless glass shower enclosure, contemporary floating vanity and an impressive multi-function shower system with overhead rainfalll shower system with overhead rainfall shower and multiple body sprays. Additional highlights include central HVAC, extensive recessed lighting, crown molding, updated flooring, contemporary bathroom finished and multiple private outdoor spaces. Enjoy the community swimming pool and spa surrounded by lounge seating and outdoor tables, along with a convenient pool-area restroom and shower. With its gated setting, direct-access two-car garage, beautifully updated kitchen and bathrooms, fireplace, multiple balconies, flexible bonus space, pool and spa, this residence offers an exceptional combination of comfort, convenience and Southern California living.

6840 Balboa Blvd Unit 507, Los Angeles

Courtesy of MATT ROTH, Matt Roth - CA DRE#01153470

$1,025,000

3 Beds ⋅ 2 Baths ⋅ 26989051 MLS

A warm, character-filled single-level home on a quiet cul-de-sac in Lake Balboa, offering nearly 2,000 square feet, 3 bedrooms, 2 baths, and a generously sized den/office with the potential to be converted to a 4th bedroom. :: The floor plan simply works. The living room, dining area, and eat-in kitchen connect with an easy, natural flow that feels both comfortable and functional. :: And the character is special. A gorgeous travertine entry, rich Brazilian chestnut hardwood floors, and an original Palos Verdes stone fireplace give the living room warmth and personality. :: The eat-in kitchen features newer cabinetry and stainless-steel appliances, with a separate dining area overlooking the backyard. The spacious primary suite includes a walk-in closet. Both bathrooms have been recently refreshed with new vanities, countertops, sinks, fixtures, and shower doors. Fresh interior paint in many areas adds a clean, updated feel. :: Big-ticket improvements include dual-pane windows, copper plumbing, an updated electrical panel, a bolted foundation, an EV charger, and a 25-panel solar system. The attached two-car garage connects directly to the home for everyday convenience. :: Then there's the backyard. Private, lush, and wonderfully established, with mature trees, layered greenery, an orange tree, plenty of space to gather, and a covered patio made for long dinners and evenings outdoors. The Valerio House is a true Southern California retreat. 3 bedrooms + flexible den/office | Nearly 2,000 SF | Cul-de-sac | Single level | Private yard | Solar | EV charger | Attached 2-car garage

16750 Valerio St, Lake Balboa

Courtesy of Equity Union, Allison Gold - CA DRE#01865934

$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. There is also an opportunity to purchase the neighboring property and get close to almost 12,000 square feet on a double lot. 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. There is also an opportunity to purchase the neighboring property and get close to almost 12,000 square feet on a double lot. 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

$975,000

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 St, Los Angeles

Courtesy of EstateX inc., Hosh Maha - CA DRE#02131447

$1,192,500

3 Beds ⋅ 3 Baths ⋅ 26943911 MLS

TWO RESIDENCES. MULTIPLE POSSIBILITIES. A SELLER READY TO GET CREATIVE! Offered at $1,192,500, this substantially improved, fully vacant two-residence property presents an exceptional opportunity for investors, owner-occupants, and buyers seeking flexibility in today's market. The seller is open-minded and willing to consider creative proposals that make sense for both parties, including a traditional purchase, lease-option, leasing one or both residences, or potentially a cash-to-existing-financing structure utilizing an attorney-drafted subject-to agreement, where legally permissible and acceptable to all parties. The property features a beautifully renovated 2-bedroom, 2-bath main residence plus a permitted, newly constructed 1-bedroom, 1-bath ADU with private access and its own outdoor area. The main residence also offers a former third bedroom with a closet, now configured as a flexible office, den, or creative workspace. Major improvements include plumbing, electrical, HVAC, sewer connection to the ADU, tankless water heater, pool finish, landscaping, gates, driveway, and more. Additional features include a private swimming pool, multiple outdoor spaces, and off-street parking for up to three vehicles. Both residences are vacant, with projected combined rental income of approximately $7,390 per month, or $88,680 annually. Based on projected rents and expenses, the property calculates to an estimated 13.48 pro forma GRM and 5.2% pro forma cap rate. Purchase it. Lease it. Live in one and rent the other. Bring your ideas. The seller is prepared to consider a well-structured proposal from the right buyer or investor. Any creative financing arrangement is subject to negotiation, legal documentation, applicable loan provisions, and approval of the parties. Existing financing is not represented as assumable. Financial projections are estimates only and should be independently verified.

7530 & 7532 Gaviota Ave, Los Angeles

Courtesy of Epique Realty, Roddy de la Garza - CA DRE#01995374

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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.

Lake Balboa Real Estate

Newest Listings in Lake Balboa

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