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 community is known for its picturesque landscapes, friendly neighborhoods, and a wealth of recreational opportunities. With its namesake lake at the center, Lake Balboa offers a serene escape from the hustle and bustle of city life, making it an ideal place for families, young professionals, and retirees alike.

The centerpiece of the area is the stunning Lake Balboa Park, a sprawling 80-acre oasis that features walking and biking trails, picnic areas, and lush green spaces. The park’s tranquil lake is perfect for fishing, paddle boating, or simply enjoying a leisurely afternoon surrounded by nature. On weekends, you can often find families enjoying barbecues, children playing in the playgrounds, or locals participating in community events.

Lake Balboa is also conveniently located near major freeways, providing easy access to the vibrant culture and entertainment options of Los Angeles. Whether you’re looking to explore the nearby shopping districts, dine at eclectic restaurants, or experience the excitement of Hollywood, everything is just a short drive away.

For those who appreciate a tight-knit community feel, Lake Balboa boasts a variety of local shops, farmers' markets, and community events throughout the year. With its blend of natural beauty, convenient amenities, and a welcoming atmosphere, Lake Balboa is not just a place to live; it’s a place to thrive. Discover your new home in this charming community today!

Newest Listings in Lake Balboa

$1,375,000

5 Beds ⋅ 3 Baths ⋅ SB26238794 MLS ⋅ Active Status

Situated in the desirable Lake Balboa neighborhood, just moments from Encino, this spacious 5-bedroom, 3-bathroom residence offers approximately 2,366 square feet of versatile living space with an inviting indoor-outdoor layout. The living room features a wood-burning fireplace, natural light, and views of the backyard and heated swimming pool. The kitchen offers granite countertops, stainless steel appliances, ample cabinetry, and an adjoining dining area that connects to a separate family room, ideal for everyday living and entertaining. The floor plan features a private upstairs primary suite, while four additional bedrooms and two bathrooms are conveniently located on the main level. A dedicated laundry room provides additional functionality. The spacious backyard features a heated swimming pool and direct access from multiple living areas, creating a seamless connection between indoor and outdoor spaces. Additional features include an attached two-car garage and an expansive driveway with parking for multiple vehicles. Conveniently located near the Encino Farmers Market, Sepulveda Basin Recreation Area, Lake Balboa Park, local shopping, dining, and recreational amenities. The property is currently licensed as a 6-bed (RCFE), presenting an additional opportunity for buyers interested in such use, subject to applicable licensing requirements. A unique property offering generous living space, outdoor amenities, and versatile potential in a well-established Lake Balboa location.

6406 Aldea, Lake Balboa

$1,149,000

3 Beds ⋅ 2 Baths ⋅ SR26238351 MLS ⋅ Active Status

Welcome to this inviting 3-bedroom, 2-bath Lake Balboa home offering 2,070 sq. ft. of living space on an expansive 14,000+ sq. ft. lot! Filled with timeless character and warmth, this lovely home welcomes you with a delightful covered front porch and classic architectural details. Inside, beautiful hardwood floors, a cozy fireplace, and distinctive built-in bookshelves and cabinetry in the living and dining areas add to the home's unique appeal. Thoughtfully configured into two distinct living areas within the same home, the versatile floor plan offers an ideal arrangement for multigenerational living, extended family, or guests while providing privacy and independence. The primary living area features 2 bedrooms and 1 bathroom, a spacious living and dining room combination with large windows overlooking the front yard and an abundance of natural light. The generously sized remodeled kitchen boasts quartz countertops, stainless steel appliances, and ample cabinetry, while a large separate laundry room adds everyday convenience. The adjoining private living area features its own comfortable living room, kitchenette, bedroom, and remodeled bathroom, creating a wonderful space for extended family or guests. For those who prefer a more traditional floor plan, the home offers the flexibility and potential to be reconfigured back into one cohesive living space. Step outside to discover an exceptional outdoor setting featuring a sparkling swimming pool, grassy areas, mature fruit trees, a covered patio perfect for relaxing or entertaining. The generous front yard, long driveway, and detached two-car garage provide additional space and convenience. With its oversized lot, the property also presents exciting possibilities for future expansion or an ADU, subject to city approval. Situated in a lovely Lake Balboa neighborhood, this special home offers a rare combination of timeless character, versatile living spaces, generous outdoor areas, and tremendous potential. A wonderful opportunity to enjoy the property as it is or customize it to suit your needs!

7902 Genesta Avenue, Lake Balboa

$1,099,000

3 Beds ⋅ 2 Baths ⋅ 26106730 MLS ⋅ 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 Avenue, Lake Balboa

$1,149,000

3 Beds ⋅ 3 Baths ⋅ 26105630 MLS ⋅ Coming Soon Status

GATED PRIVACY. MODERN UPGRADES. BACKYARD POOL. This extensively updated 3-bedroom, 2.5-bathroom home offers 2,022 square feet of living space on a generous 8,060-square-foot lot, complete with a gated entrance, expansive driveway, attached garage, solar panels, and private swimming pool. An open floor plan features wide-plank wood-look flooring, recessed lighting, contemporary finishes, and an abundance of natural light. The remodeled kitchen steals the show with sleek high-gloss cabinetry, quartz countertops, a striking tile backsplash, stainless steel appliances, extensive storage, and a large center island with seating for four. The spacious living area opens directly to the backyard, creating seamless indoor-outdoor living. The primary suite features direct backyard access, two closets including a generous walk-in and a beautifully remodeled bathroom with a freestanding soaking tub, modern vanity, and designer finishes. The secondary bathroom is equally impressive, featuring floor-to-ceiling tile, a glass-enclosed shower, and sleek fixtures. Step outside to your own private retreat! A sparkling swimming pool anchors the expansive backyard, complemented by a large covered patio, generous entertaining space, and an expansive space for play area, court, or possibly an ADU.Privacy, parking, modern interior, a backyard pool, and an unbeatable outdoor lifestyleall on an oversized lot. Welcome home! The location delivers! Enjoy convenient access to Balboa Park and the sprawling Sepulveda Basin Recreation Area, offering miles of scenic biking and walking trails, three public golf coursesBalboa, Encino, and Woodley Lakes plus the beautiful Japanese Garden, expansive parks, sports facilities, sport courts, playgrounds, and the Sepulveda Basin Wildlife Reserve. From morning bike rides and weekend golf to lakeside strolls and outdoor recreation, some of the Valley's best amenities are close to home.

6809 Texhoma Avenue, Lake Balboa

$849,900

4 Beds ⋅ 3 Baths ⋅ 26106461 MLS ⋅ 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

$1,025,000

SR26233048 MLS ⋅ Active Status

Exceptional Development Opportunity in Van Nuys!Rare opportunity to acquire a 14,546 sq. ft. LARD1.5-zoned lot in a desirable Van Nuys location. The property currently features a vacant 1,113 sq. ft. single-family home, offering immediate access for inspection and planning. This large lot presents outstanding development potential. Based on preliminary analysis, the site may accommodate approximately nine residential units or more, subject to applicable zoning regulations and city approvals. Buyers are strongly encouraged to conduct their own due diligence and verify all development potential, density, unit count, and project feasibility with a licensed architect, land-use consultant, and the City Planning Department. Conveniently located with easy access to the 405 and 101 Freeways, this property is close to shopping, dining, schools, parks, and major employment centers, making it an attractive opportunity for developers, builders, investors, or those looking to capitalize on one of the San Fernando Valley's growing residential markets. Apartment building Picture in MLS is designed by AI. Don't miss this exceptional chance to develop in a sought-after Van Nuys neighborhood with tremendous upside potential!

6509 Haskell, Lake Balboa

$1,025,000

2 Beds ⋅ 1 Baths ⋅ SR26233039 MLS ⋅ Active Status

Exceptional Development Opportunity in Van Nuys! Rare opportunity to acquire a 14,546 sq. ft. LARD1.5-zoned lot in a desirable Van Nuys location. The property currently features a vacant 1,113 sq. ft. single-family home, offering immediate access for inspection and planning. This large lot presents outstanding development potential. Based on preliminary analysis, the site may accommodate approximately nine residential units or more, subject to applicable zoning regulations and city approvals. Buyers are strongly encouraged to conduct their own due diligence and verify all development potential, density, unit count, and project feasibility with a licensed architect, land-use consultant, and the City Planning Department. Conveniently located with easy access to the 405 and 101 Freeways, this property is close to shopping, dining, schools, parks, and major employment centers, making it an attractive opportunity for developers, builders, investors, or those looking to capitalize on one of the San Fernando Valley's growing residential markets. Apartment building Picture in MLS is designed by AI. Don't miss this exceptional chance to develop in a sought-after Van Nuys neighborhood with tremendous upside potential!

6509 Haskell, Lake Balboa

$1,499,999

26104722 MLS ⋅ 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 Avenue, Lake Balboa

$1,499,999

37 Beds ⋅ 37 Baths ⋅ 26104721 MLS ⋅ 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 Avenue, Lake Balboa

$1,500,000

3 Beds ⋅ 2 Baths ⋅ 26103068 MLS ⋅ 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 Street, Lake Balboa

$949,900

3 Beds ⋅ 2 Baths ⋅ SR26227621 MLS ⋅ Active Status

Welcome to this beautifully reimagined Lake Balboa residence, thoughtfully redesigned with modern finishes and a warm, inviting feel. Expansive windows and sliding glass doors fill the home with natural light, while the open concept layout seamlessly connects the kitchen, living, and dining areas, ideal for everyday living and entertaining. The spacious primary suite features a private bathroom with a walk in shower and elegant vanity, while two additional rooms offer flexibility for guests or a home office. Step outside to an expansive backyard featuring a sprawling lawn, spacious patio, and lush landscaping, creating the perfect setting for outdoor dining, relaxation, and entertaining. A beautifully landscaped front yard and extended driveway enhance the home's curb appeal, while the detached garage presents an exciting opportunity for a future ADU, home office, gym, or studio.

17200 Lanark Street, Lake Balboa

$899,000

4 Beds ⋅ 3 Baths ⋅ SR26225822 MLS ⋅ Active Status

This is a Short Sale. This lovely 2,525-square-foot home, constructed in 2007 in Van Nuys, offers 4 bedrooms and 3 bathrooms. The expansive primary suite includes an 18'x18' bedroom with two walk-in closets, dual sinks, a separate shower, and a soaking tub. A versatile downstairs bedroom is ideal for guests or a home office. The residence is equipped with modern conveniences like a dedicated laundry room, a two-car garage, and smart home features such as customized lighting, a smart lock, thermostat, and security cameras. Entertainment is enhanced by built-in surround sound speakers and a gas fireplace. Outdoors, the property boasts drought-tolerant ficus trees, a vertical garden, a strawberry patch, and a raised garden bed with an automatic watering system. Designed for privacy, this home is perfect for both indoor and outdoor entertaining. Make sure to come see.

7129 Forbes Avenue, Lake Balboa

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Lake Balboa Real Estate

Newest Listings in Lake Balboa

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