Lake Balboa Homes under $1.25 million

Welcome to Lake Balboa, a charming neighborhood nestled in the heart of Los Angeles County, California. Known for its serene parks, tree-lined streets, and a strong sense of community, Lake Balboa offers the perfect blend of suburban tranquility and urban convenience. This vibrant area is a hidden gem, ideal for families, young professionals, and everyone in between.

Lake Balboa is famous for its namesake park, which features a picturesque lake, picnic areas, and walking trails, making it a favorite spot for outdoor enthusiasts. The neighborhood is also home to a variety of local shops, restaurants, and cafes, providing residents with plenty of options for dining and entertainment. Plus, with easy access to major freeways, commuting to Downtown Los Angeles or other parts of the city is a breeze.

For those looking to invest in a home, Lake Balboa presents an exciting opportunity. With a variety of properties available for under $1.25 million, you can find your dream home without breaking the bank. Whether you're searching for a cozy single-family residence or a modern townhouse, Lake Balboa offers diverse options that cater to different tastes and budgets.

As you explore this welcoming community, you'll discover that Lake Balboa is not just a place to live; it’s a lifestyle. With its beautiful surroundings, friendly neighbors, and affordable housing options, it’s no wonder that Lake Balboa is becoming one of Los Angeles’ most sought-after neighborhoods. Come and see for yourself why so many are choosing to call this enchanting area home!

Newest Lake Balboa Homes under $1.25 million

$775,000

2 Beds ⋅ 2 Baths ⋅ 226004740 MLS ⋅ Active Status

1950s Charm -A Whole Lot of PossibilityWelcome to Wish Avenue, a sweet starter home in the quaint Lake Balboa neighborhood, where vintage charm meets the opportunity to make it your own.With approximately 1,694 square feet of living space, two bedrooms, two bathrooms and a nearly 8,000-square-foot lot, this home offers comfortable living today and plenty of possibilities for tomorrow. The vintage kitchen brings a little nostalgia with its classic cabinetry and tile counters, while the permitted family room provides additional space for gathering, relaxing or enjoying a favorite movie. The primary bedroom was also expanded and a bathroom added from it's original layout.Newer heating and air conditioning, along with select updated windows, add everyday comfort. A well maintained exterior creates a welcoming first impression, and the spacious backyard has room for an adu, weekend barbecues, gardening and outdoor entertaining, with a handy storage shed for tools and extras.Clean and livable, the home is ready for your personal touch! Whether you embrace its retro personality or give it a fresh new look.Bring your imagination, a few paint swatches and your plans for the future. Wish Avenue is ready for its next chapter!

7654 Wish Avenue, Lake Balboa

$899,000

4 Beds ⋅ 3 Baths ⋅ IV26214612 MLS ⋅ Active Status

***Beautiful SINGLE STORY Home with GUEST QUARTERS in the Highly Desirable Area of LAKE BALBOA*** First time on the Market - this home has remained with the original owners since it was built! You will Absolutely Love this Charming home as it is perfect for Multi-Generational living, offering a separate kitchenette, living room, 1 bedroom and full bath at the rear of the home with its own private entrance. This thoughtfully designed layout features 4 bedrooms, 3 fully Remodeled bathrooms with walk-in showers, approximately 1,820 sq. ft., and a 2-car garage, all situated on a spacious lot. The home has been beautifully updated with newer windows, newer exterior paint, three remodeled bathrooms, walk-in showers, large A/C unit, artificial turf for easy maintenance, and mature fruit trees including a huge avocado tree. Step inside to a spacious living room with a cozy rock fireplace overlooking the covered patio area, creating a wonderful indoor-outdoor connection. The dining room flows into the kitchen, offering a comfortable and functional layout for everyday living and entertaining. An indoor laundry room provides convenient access to the side yard and garage. There is a Hallway leading to the 4 spacious Bedrooms with 3 Bathrooms and separate Living Room with Kitchenette. There is a 2 Car Garage with shelving. The backyard is surrounded by mature trees and offers plenty of space to relax and enjoy. Low tax rate and no HOA!

7227 Whitaker Avenue, Lake Balboa

$879,000

3 Beds ⋅ 3 Baths ⋅ SR26212363 MLS ⋅ Active Status

Stylish, extensively updated and made for the California lifestyle, this 3-bedroom, 2.5-bath home offers open-concept, indoor-outdoor living that extends to an exceptionally private backyard with a sparkling pool, plus paid-off solar and a detached 2-car garage. Set on a private corner lot surrounded by mature greenery, the home welcomes you with a gorgeous shade tree, thoughtfully designed low-maintenance landscaping, a spacious covered front porch, and a long driveway. The open-concept floor plan connects the main living spaces, with the remodeled kitchen and dining area flowing into an expansive living room featuring a wall of windows and glass doors overlooking the inviting pool and private backyard. The remodeled kitchen features white shaker cabinetry, quartz countertops, stainless steel appliances, and a window above the sink bringing in natural light. A peninsula with a breakfast bar provides casual dining and opens the kitchen to the main living areas. A separate laundry room just off the kitchen provides convenience and access to the driveway. The primary bedroom comfortably accommodates a king-size bed and offers generous closet space, windows overlooking the backyard and greenery, and a remodeled en-suite bath with a glass-enclosed, tiled shower. Two additional bedrooms are bright and inviting, with windows overlooking the beautifully landscaped front yard, including one with a private en-suite half bath. The remodeled full hallway bath features a spacious vanity and a beautifully tiled tub and shower with a frameless glass enclosure. The backyard is a true retreat, thoughtfully designed for relaxing and enjoying the outdoors. A resurfaced pool gives it a crisp, clean look, while a mature citrus tree shades a serene sitting area with a waterfall feature. The wood deck and dining space create an inviting setting for entertaining or simply enjoying the backyard as the evening lighting comes on after sunset. Notable upgrades include paid-off solar, the roof, resurfaced pool, HVAC system, double-pane windows, instant hot water, exterior and interior paint, refinished hardwood floors, smart recessed lighting, low-maintenance landscaping with artificial turf, DG and a low-water irrigation system. Extensively updated, exceptionally private and designed for easy indoor-outdoor living, this home offers a peaceful Lake Balboa setting just waiting to be enjoyed. Schedule your private tour today!

8002 Aldea Avenue, Lake Balboa

$585,000

3 Beds ⋅ 3 Baths ⋅ SR26209813 MLS ⋅ Active Status

Welcome to this beautifully updated 3-bedroom, 2.5-bath home in desirable Lake Balboa! Freshly painted and featuring warm wood floors throughout, this inviting residence offers a spacious and functional layout perfect for comfortable living and entertaining. The living room is highlighted by a cozy gas fireplace, while the adjacent dining area creates an ideal space for gatherings. The large primary suite features its own private balcony, providing a peaceful retreat at the end of the day. Additional features include a private patio, attached 2-car garage, and plenty of natural light throughout the home. Residents of the community enjoy access to a sparkling pool and community meeting room. Conveniently located near shopping, dining, parks, and freeways, this home offers the perfect blend of comfort, style, and location.

6746 Encino Avenue Unit 2, Lake Balboa

$779,777

3 Beds ⋅ 2 Baths ⋅ SR26209521 MLS ⋅ Active Status

Welcome to 17417 Sherman Way, a stylish Lake Balboa home where modern design, indoor-outdoor living, and future potential come together on an 6,000 sqft. lot. Step inside to a bright, open-concept living space highlighted by a dramatic faux brick fireplace wall, recessed lighting, and polished tile floors. The remodeled kitchen features sleek white cabinetry, quartz countertops, stainless steel appliances, a large peninsula with bar seating, and an open layout that flows directly into the dining and living areas. Oversized glass windows along with a sliding door span the rear of the home, filling the space with natural light and creating a seamless connection to the backyard. The outdoor space is one of the home’s biggest highlights. Mature trees provide shade and privacy while multiple entertaining areas create room to dine, lounge, barbecue, garden, or simply relax. A bbq area, grassy yard, mature landscaping, and separate sitting areas give the property the feel of a private retreat right in the middle of the Valley. The property also offers something increasingly valuable in Lake Balboa: Rear wide alley access with an expanded paved parking area and a one-car garage. The garage has been converted to studio style space with a kitchenette and bathroom without permits, the buyer to bring this to code if they want to convert to an ADU or the seller can convert it back to a standard garage. The existing alley access and additional parking provide flexibility that is difficult to replicate. Although public records reflect 2 bedrooms, 1 bathroom and approximately 819 sq. ft., the home physically features 3 bedrooms, 2 bathrooms and measures approximately 915 sq. ft. The additional bedroom includes a small en-suite bathroom and its own private exterior entrance, making it especially versatile for guests, extended family, a private office, or other flexible living needs. Buyer to independently verify square footage, bedroom and bathroom count, permits, ADU feasibility, and intended use. From the gated and landscaped front courtyard to the open living spaces, entertainer’s backyard and alley-access parking, this home makes exceptional use of every part of the property. Move-in ready today with flexibility and income potential for tomorrow, all in the heart of Lake Balboa.

17417 Sherman Way, Lake Balboa

$1,025,000

3 Beds ⋅ 2 Baths ⋅ 26989051 MLS ⋅ Active 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 Street, Lake Balboa

$799,950

3 Beds ⋅ 2 Baths ⋅ SR26203027 MLS ⋅ Active Status

CHARM GALORE! UPDATED NORTH RIDGE-ADJACENT HOME! Welcome to this warm and inviting home, where charm, comfort, and thoughtful updates come together beautifully. The spacious living room features an open wood-beam ceiling, creating a cozy yet airy atmosphere you’ll love coming home to. This wonderful property offers updated bathrooms, hardwood floors, central A/C and heat, recessed lighting, skylights, wood blinds, and decorator touches throughout. Warm neutral tones create a serene, welcoming ambiance, while generous walk-in closets provide plenty of storage. The flexible floor plan can accommodate a 3rd bedroom, offering added versatility for guests, a home office, or growing needs. Outside, enjoy a large corner lot with a relaxing spa, mature fruit trees, screened-in gazebo, and room for expansion. A charming garden window adds even more character and natural light. Charming, updated, and full of possibilities—the home will be delivered vacant at the close of escrow....and this is a home you’ll want to stay in forever!

7300 Oak Park, Lake Balboa

7100 Balboa Boulevard Unit 807, Lake Balboa

$689,999

3 Beds ⋅ 3 Baths ⋅ SR26201395 MLS ⋅ Active Status

Welcome to this beautifully remodeled 3-bedroom, 2.5-bathroom tri-level townhouse, ideally situated toward the back of a gated community for added privacy and a peaceful setting. Thoughtfully updated throughout, this move-in-ready home offers modern finishes, abundant natural light, and a spacious, functional floor plan. The inviting living room features a cozy fireplace, while the formal dining area showcases custom built-in cabinetry, creating an elegant space for entertaining. The gourmet kitchen has been tastefully remodeled with modern cabinetry, stainless steel appliances, and stylish contemporary finishes. An adjacent balcony provides the perfect spot for morning coffee or enjoying the fresh air. Upstairs, the spacious primary suite features high ceilings, generous closet space, and a beautifully appointed ensuite bathroom with an oversized vanity, a separate shower, and soaking tub. Two additional bedrooms provide flexibility for family, guests, or a home office. Convenient interior laundry is located on the top level. Additional highlights include a private front patio, attached 2-car garage, and plenty of storage. Residents enjoy access to the community pool, perfect for relaxing and entertaining. Ideally positioned within the complex, this exceptional townhouse combines comfort, style, privacy, and convenience. Just unpack and move right in!

7100 Balboa Boulevard Unit 807, Lake Balboa

$965,000

3 Beds ⋅ 2 Baths ⋅ SR26200794 MLS ⋅ Active Status

Don’t miss this fantastic opportunity to own 2 homes on one lot in the highly desirable Lake Balboa community! The charming front house offers 2 bedrooms + 1 bathroom 931 sq. ft. of living space. Features include an upgraded kitchen with matching appliances and separate service counter, designated laundry area, updated bathroom, laminate wood flooring throughout, updated windows, tankless water heater, solar panels, newer HVAC system, and newer shingle roof. A welcoming front porch adds to the home’s curb appeal and provides a relaxing outdoor retreat. 1-car garage with direct access to the house plus front parking for 3 additional cars on driveway. The gated entry has a remote-controlled electric opener. Backyard covered patio offers a great space for entertainment, and security cameras are included. Detached ADU approximately 495 sq. ft. 1 bedroom + 1 bathroom offers a kitchen with appliances, laundry closet, mini split HVAC, storage shed, tankless water heater, and separate electric and gas meters. A versatile opportunity for homeowners, multigenerational living, or investors. Conveniently located near shopping, restaurants, banks, the 405 Freeway, and the Flyaway terminal.

7453 Blewett Avenue, Lake Balboa

$1,020,000

3 Beds ⋅ 3 Baths ⋅ OC26198778 MLS ⋅ Active Status

This stunning 3-bedroom, 3-bathroom home is situated on a quiet cul-de-sac in one of Lake Balboa’s most desirable neighborhoods. The property offers exceptional convenience, located just minutes from Ventura Blvd., Lake Balboa/Anthony C. Beilenson Park, and the Sherman Oaks Galleria, with easy access to both the 405 and 101 freeways. The open floor plan features high ceilings with abundant natural light, LED recessed lighting, stainless steel appliances, double-pane windows, granite countertops, hardwood flooring, 2 car garage, a newly installed tile roof and paid off solar panels. The home includes two primary bedrooms, each with its own en-suite bathroom, along with central A/C and heating for year-round comfort.

17226 Elkwood, Lake Balboa

$999,900

3 Beds ⋅ 2 Baths ⋅ SR26196507 MLS ⋅ Active Status

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

$925,000

3 Beds ⋅ 2 Baths ⋅ SR26192956 MLS ⋅ Active Status

BOM no fault to seller! 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

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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.