Lake Balboa (LKBL) Real Estate

Welcome to Lake Balboa, a hidden gem nestled in the heart of the San Fernando Valley, Los Angeles County, California. This charming neighborhood is known for its serene atmosphere, lush parks, and a vibrant community spirit, making it an ideal place to call home.

Lake Balboa is named after its stunning 27-acre lake, which serves as the centerpiece of the community. This picturesque lake is surrounded by beautiful walking trails, picnic areas, and playgrounds, providing residents with ample opportunities for outdoor activities. Whether you enjoy a leisurely stroll, a morning jog, or a peaceful afternoon of fishing, Lake Balboa offers a tranquil escape from the hustle and bustle of city life.

The neighborhood is primarily residential, featuring a mix of single-family homes, townhouses, and apartments, catering to various lifestyles and budgets. The tree-lined streets and well-maintained properties create a welcoming environment that fosters a strong sense of community. Families will appreciate the highly-rated schools in the area, along with numerous recreational facilities, ensuring that children have plenty of opportunities for growth and development.

Convenience is another highlight of Lake Balboa, with easy access to major freeways and public transportation. Residents can enjoy the nearby shopping centers, restaurants, and entertainment options, all within a short drive. Plus, the proximity to the vibrant city of Los Angeles means that you can enjoy the best of both worlds—peaceful suburban living with the excitement of urban life just moments away.

Discover the charm of Lake Balboa, where community, nature, and convenience come together to create an exceptional living experience. Your dream home awaits in this delightful neighborhood!

Newest Listings in Lake Balboa (LKBL)

$379,500

2 Beds ⋅ 2 Baths ⋅ 26104970 MLS ⋅ Active Status

Welcome to Montecito Gardens, a Mediterranean-inspired community in the heart of Van Nuys. This inviting condo features laminate wood flooring throughout the living areas and bedrooms, complemented by tile flooring in the bathrooms. Recessed lighting and a cozy fireplace create a welcoming living room, while the kitchen offers stainless steel appliances, granite countertops, and track lighting. Both bedrooms feature high ceilings, with the primary suite offering a walk-in closet and private bathroom. The secondary bedroom provides flexibility for guests or a home office. An in-unit stackable washer and dryer and two assigned parking spaces add everyday convenience.Community amenities include a fitness center, sauna, swimming pool, and spa. Improvements include a newly installed roof, exterior updates, and pool and spa renovations, with completion of all work estimated for December 2026, per the HOA. The seller will pay the unit's existing emergency assessment in full at closing. Conveniently located near shopping, dining, and the 405 freeway, Montecito Gardens offers comfort and accessibility in an appealing community setting

7035 Woodley Avenue Unit 203, Van Nuys

$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

$875,000

3 Beds ⋅ 2 Baths ⋅ 26103590 MLS ⋅ Active Under Contract Status

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 Street, Van Nuys

$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

$925,000

3 Beds ⋅ 2 Baths ⋅ 26102697 MLS ⋅ Active Status

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 Street, Lake Balboa

$1,095,000

3 Beds ⋅ 2 Baths ⋅ SB26223476 MLS ⋅ Active Under Contract Status

Step into your forever home in Lake Balboa, a gated property filled with natural light, featuring skylights, a waterfall quartz island, and a vaulted primary suite. A remote operated black iron gate opens to a wide driveway for about three vehicles. A brick herringbone porch welcomes you inside. The open concept layout has updated flooring in the living areas and bedrooms, recessed lighting throughout, and central air conditioning. The kitchen is made for entertaining, with a gas cooktop, island hood vent, farmhouse sink, shaker cabinets, stainless steel appliances, and a walk in pantry. The primary suite features a fireplace, two closets, and a bathroom with a new dual vanity and a skylight over the shower. The second bathroom is fully renovated and features a walk in shower with a sleek, fixed single glass panel. The laundry area has cabinets above and below. The washer and dryer are included. The converted garage adds flexible space with flooring, recessed lighting, and central air, and the original garage door remains (unpermitted conversion, not included in the stated living SqFt). Outside, lush St. Augustine lawns enhance both the front and backyard, while ficus hedges with drip irrigation complement the front landscaping. A guava tree grows in front and a growing avocado tree in back, and a paver patio sits off the living room. Roughly a mile from Lake Balboa Park, with Louise Park and neighborhood cafes even closer, this move in ready home delivers style, comfort, and value in the heart of Lake Balboa.

16912 Marlin Place, Lake Balboa

$869,000

3 Beds ⋅ 2 Baths ⋅ SR26221359 MLS ⋅ Active Under Contract Status

First time on the market in over 60 years! This well-loved home has 3 bedrooms, 2 baths, an enclosed sun patio and a pool too! There is a custom kitchen with built-in breakfast bar, a private primary suite with a dressing area, and plenty of storage throughout. There are hardwood floors, central air & heat, a 2-car garage, and indoor laundry. The back yard invites family gatherings and pool parties! Move right in or update to add value. Located in a quiet neighborhood, but close to the convenience of Lake Balboa & Woodley parks, the new baseball fields, golf courses, the dog park, and transportation.

17640 Kittridge Street, Lake Balboa

$765,000

3 Beds ⋅ 2 Baths ⋅ SR26220302 MLS ⋅ Active Status

Newly refreshed interiors, generous gathering spaces, and a tree-shaded backyard make this Lake Balboa home an inviting opportunity to settle in and make it your own. Offered for the first time since the family purchased it more than 50 years ago, this longtime family home is ready to become the backdrop for a new generation of memories. Tucked away on a cozy, non-through street, the home offers 3 bedrooms and 2 bathrooms across nearly 1,900 sq ft on a 6,752 sq ft lot. Classic character is paired with fresh interior paint, dual-pane windows, central heating & air, new carpeting, and new wide-plank vinyl flooring in the kitchen and laundry room. White vinyl fencing frames the front yard, with a pedestrian gate leading to a covered porch and a matching driveway gate completing the enclosed frontage. Inside, the formal living room features crown molding and plantation shutters, flowing through a formal dining room with built-in cabinetry into an expansive family room. A corner fireplace with a natural stone surround and raised hearth anchors this comfortable gathering space, while sliding glass doors connect it to the backyard for easy indoor-outdoor entertaining. The kitchen offers white cabinetry, a gas range, and a bright breakfast nook that provides everyday dining space or possibilities for a future kitchen redesign. Three comfortably sized bedrooms include a spacious primary with a full en-suite bathroom and dual-sink vanity; a full hall bathroom serves the additional bedrooms. Outdoors, a broad covered patio creates room for dining and lounging, while mature trees and an ample yard offer space to garden, play, or create a personalized outdoor retreat. A detached two-car garage and leased solar panels complete the property. Enjoy Lake Balboa’s established residential setting, local shopping and dining, and access to the 101 and 405 freeways, with Lake Balboa Park and the Sepulveda Basin’s walking paths, bike routes, and recreation areas adding to the neighborhood’s appeal. With refreshed finishes and room to evolve, this home offers a comfortable starting point for your next chapter.

16819 Wyandotte Street, Lake Balboa

$949,000

2 Beds ⋅ 1 Baths ⋅ 226004866 MLS ⋅ Active Status

Calling ALL INVESTORS!! Land! Land! Land! Outstanding Lake Balboa Location. Unlimited Possibilities & Endless Opportunities All On An Enormous 14,094 SqFt Lot In A Fantastic Lake Balboa Neighborhood. Ultra Rare Chance. Fabulous As-Is Or Create Your Dream Home Here. Great Location. Close To Everything. Opportunity At Its Best. Do Not Miss. Rare Offering. Check out AB 1033 to see the endless potential of the number of homes or ADU's that can be built on this property!!

7927 Paso Robles Avenue, Van Nuys

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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 (LKBL) Real Estate

Newest Listings in Lake Balboa (LKBL)

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