Lake Balboa Real Estate

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 charming 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 its picturesque park, which features a stunning 27-acre lake surrounded by lush greenery and walking trails. This serene oasis provides ample opportunities for outdoor activities, such as picnicking, fishing, and birdwatching. The park is a popular spot for community events, fostering a strong sense of camaraderie among residents.

The neighborhood boasts a diverse mix of housing options, from cozy single-family homes to modern condominiums, catering to various lifestyles and budgets. With its tree-lined streets and friendly atmosphere, Lake Balboa is perfect for those seeking a peaceful retreat while still being close to the vibrant energy of Los Angeles.

Conveniently located near major freeways, Lake Balboa provides easy access to the bustling hubs of Hollywood, Downtown LA, and beyond. Residents can enjoy a wide array of dining, shopping, and entertainment options, ensuring that there's always something to do.

Education is a priority in Lake Balboa, with several highly-rated schools and community programs available for families. The area is also home to a variety of parks and recreational facilities, making it an ideal environment for children to grow and thrive.

Whether you’re looking to settle down or invest in a property, Lake Balboa offers an inviting community with an abundance of charm. Discover the perfect balance of nature and city living in this delightful neighborhood!

Newest Listings in Lake Balboa

6530 Gaviota Ave, Lake Balboa
$1,099,000
3 Beds ⋅ 2 Baths ⋅ ACTIVE Status
A RARE BLEND OF DESIGN, SOPHISTICATION, AND EXCEPTIONAL LIVING IN THE HEART OF LAKE BALBOA! Beautifully reimagined and ideally situated in a prime location, this stunning residence combines modern elegance with everyday comfort, just moments from Lake Balboa Park, shopping, dining, and major freeways. The thoughtfully designed open floor plan features wood flooring, recessed lighting, a fireplace, and custom built-in cabinetry. A show-stopping Chef's Kitchen showcases premium Bertazzoni Italian appliances, quartz countertops, custom cabinetry, an expansive peninsula, and a skylight, complemented by a spacious butler's pantry with a dry bar and laundry area. Designed for entertaining, the private backyard offers a Trex deck, custom outdoor kitchen, gazebo, outdoor fireplace, fire pit, and lush landscaping. Beautifully updated bathrooms and custom closets add to the home's appeal. Extensive upgrades include a new roof, Owned Tesla solar, copper plumbing, tankless water heater, Nest thermostat and a Vivint security system... An exceptional opportunity to own a beautifully upgraded home in one of Lake Balboa's most convenient and desirable locations.

6530 Gaviota Ave, Lake Balboa

Courtesy of The Agency, Bryan Castaneda - CA DRE#01309833

15905 Enadia Way, Lake Balboa
$849,900
4 Beds ⋅ 3 Baths ⋅ ACTIVE Status
A fantastic opportunity in Lake Balboa situated on a cul-de-sac which features a 3 bed, 2 bath main house (1,306 sq. ft) and a 1 bedroom, 1 bath ADU (409 sq ft) with it's own address (15907 Enadia Way). Brand new vinyl fencing divides the two units expertly, allowing for private outdoor space for both homes, ideal for a child's play area or a dog to run. The main house also features hardwood flooring, sliding doors off the living room that opens to a lovely covered patio for al fresco dining and a laundry room. A true 1 bedroom unlike most ADUs of this size, 15907 also features in unit laundry and french doors that open to it's own private yard. The property has been remarkably well cared for by its current owners with upgrades including a newer electrical panel, brand new vinyl fencing and a brand new roof, just in time for El Nino! HVAC and all appliances are less than 7 years old. Currently fully leased, 15905 and 15907 Enadia Way are perfect for an investor looking for a hands-off income property, or for a first-time homeowner looking to subsidize their mortgage with healthy income from the ADU. Please inquire directly with the listing agent about the possibility of delivering 1 or both units vacant.

15905 Enadia Way, Lake Balboa

Courtesy of Nourmand & Associates-BW, John O'Brien - CA DRE#02155454

17419 Cohasset St, Lake Balboa
$1,500,000
3 Beds ⋅ 2 Baths ⋅ ACTIVE Status
Villa De Leone is anything but ordinary. Featured on HGTV's Zillow Gone Wild, this one-of-a-kind, European Baroque-inspired residence celebrates artistry, craftsmanship, and dramatic design.Nearly 1,800 square feet, the 3-bedroom, 2-bath home showcases hand-painted murals, ornate ceilings, custom millwork, marble, travertine, and mosaic detailing, French doors, chandeliers, and richly layered finishes throughout. Every space was thoughtfully designed to make a statement, giving the residence a character rarely found at this price point.Outside, a private resort-style setting unfolds across the approximately 6,000-square-foot property. A pool and spa are surrounded by mature landscaping, fountains, an outdoor bar and kitchen, and inviting spaces for dining, entertaining, and relaxing in complete privacy.The property also offers an office, recording studio, interior courtyard, and additional flexible spaces, while its distinctive aesthetic has made Villa De Leone a sought-after setting for filming, photography, private events, and celebrity gatherings.Located in Lake Balboa, just moments from Encino, Villa De Leone is more than a homeit is a singular Los Angeles residence created for someone who appreciates art, individuality, privacy, and unforgettable design.

17419 Cohasset St, Lake Balboa

Courtesy of Christie's International Real Estate SoCal, Katia W. De Los Reyes - CA DRE#01406423

6401 Whitman Ave, Lake Balboa
$1,499,999
37 Beds ⋅ 37 Baths ⋅ ACTIVE Status
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 in TIER 7 of the Section 8 Voucher Standards and in a High Resource area. 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

6401 Whitman Ave, Lake Balboa
$1,499,999
ACTIVE Status
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 in TIER 7 for Section 8 Voucher Standards and in a High Resource area. 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

16750 Valerio St, Lake Balboa
$1,025,000
3 Beds ⋅ 2 Baths ⋅ ACTIVE UNDER CONTRACT Status
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

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