Lake Balboa Homes under $1.25 million

Lake Balboa Homes under $1.25 million

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Newest Lake Balboa Homes under $1.25 million

7244 Chicopee Ave, Lake Balboa
$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

6840 Balboa Blvd Unit 507, Los Angeles
$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

16750 Valerio St, Lake Balboa
$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

7530 & 7532 Gaviota Ave, Los Angeles
$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

7426 Caldus Ave, Los Angeles
$1,050,000
4 Beds ⋅ 3 Baths ⋅ 26886755 MLS
POTENTIAL FOR $3,000+/MONTH IN SAVINGS & INCOME! Fully paid-off solar can save nearly $1,000/month on electricity, while the ADU offers the potential for approximately $2,500/month in rental income. This stunning, beautifully updated home is nestled on a tree-lined street in one of Lake Balboa's most sought-after neighborhoods. From the moment you step through the custom front door, you'll appreciate the exceptional pride of ownership and thoughtful attention to detail throughout. The inviting, open floor plan features wood laminate flooring, recessed lighting, dual-pane windows, smooth ceilings, crown molding, and oversized baseboards. The spacious kitchen offers abundant cabinetry and storage, while the updated bathrooms include a newer remodeled primary bath. Generously sized bedrooms, a large laundry room with ample storage, and comfortable central heating and air conditioning add to the home's everyday appeal. Additional upgrades include copper plumbing and an owned solar system. The private backyard is a true retreat, beautifully landscaped and designed for both relaxation and entertaining. Enjoy the serene koi pond, soothing spa, and charming two-story playhouse complete with a slide. The oversized concrete driveway provides plenty of parking and leads to the stunning, newer constructed, one-bedroom ADU, featuring a full kitchen and its own separate address, offering excellent potential for rental income, guests, extended family, or a private workspace. The home is also equipped with an electric vehicle charging station. Conveniently located near schools, premier shopping and dining, public transportation, the Orange Line, an off-leash dog park, a public golf course, and easy access to the 405 and 101 freeways, this exceptional Lake Balboa property offers the perfect blend of comfort, style, convenience, and versatility.

7426 Caldus Ave, Los Angeles

Courtesy of Keller Williams Hollywood Hills, Andrea Leflere - CA DRE#01381899

7550 Ruffner Ave, Van Nuys
$899,000
3 Beds ⋅ 2 Baths ⋅ 26871643 MLS
BEST OPPORTUNITY IN SOUTHERN CA! Assumable 3.125% Loan! Welcome home to 7550 Ruffner Ave, a beautifully remodeled 3-bedroom, 2-bath retreat tucked on a quiet cul-de-sac just moments from Lake Balboa, Sherman Oaks, and an easy commute to the Westside. This home blends thoughtful updates with everyday livability and comes with a financial edge that's rare in today's market. Step inside to a large, open family floor plan filled with natural light, ideal for both everyday living and entertaining. French doors lead seamlessly from the living space to the backyard, blurring the line between indoor and outdoor living. The remodeled kitchen and living areas flow effortlessly into a spacious layout designed for modern life. The master suite is a true retreat, featuring a fireplace, spa-inspired bath with a large marble-tiled shower and separate water closet for added privacy. Two additional bedrooms and a second full bath round out the interior. Car enthusiasts, hobbyists, and entrepreneurs will love the detached 2-car garage, a standout feature built for serious use. It's equipped with two AC units, its own dedicated 100-amp sub panel, and a commercial-grade exhaust fan, making it perfect for a workshop, studio, or future ADU conversion. The real showstopper: this home comes with an assumable loan of approx. $550,000 at just 3.125% interest, locked in for the next 26 years. In today's rate environment, qualified buyers can step into a payment far below what a new loan would cost. This home allows assumption, making it one of the lowest monthly mortgage payments available on any comparable home in the area. This is a rare opportunity to combine a beautifully updated home with an unbeatable financing advantage. Don't miss your chance to own a move-in-ready home in a prime location with a loan that could save you hundreds per month. Schedule your private showing today. **2nd Chance for Savvy Buyers**

7550 Ruffner Ave, Van Nuys

Courtesy of Beverly & Company Luxury Properties, Cesar Leyva - CA DRE#01490664

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Information Deemed Reliable But Not Guaranteed. © 2026 CARETS ®

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.

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