Lake Balboa Homes under $1.25 million

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, vibrant community, and family-friendly atmosphere, Lake Balboa offers a unique blend of suburban tranquility and urban convenience. With its picturesque landscapes, including the beautiful Lake Balboa Park, residents enjoy a plethora of outdoor activities, from picnicking to paddle boating, making it a perfect haven for nature lovers.

The real estate landscape in Lake Balboa is as diverse as its community. For those seeking affordable housing options, the area boasts an impressive selection of homes priced under $1.25 million. Whether you're a first-time homebuyer, a growing family, or looking to downsize, Lake Balboa has something for everyone. From cozy single-family homes with charming gardens to modern townhouses with contemporary finishes, there’s a property to suit every taste and lifestyle.

Living in Lake Balboa means you have easy access to a variety of amenities, including shopping centers, schools, and dining options. The neighborhood is well-connected by public transport, ensuring that you can easily explore the wider Los Angeles area. With its welcoming community spirit and rich recreational offerings, Lake Balboa is not just a place to live—it's a place to thrive.

If you’re searching for a home that balances affordability with a vibrant lifestyle, Lake Balboa is the perfect destination. Discover your dream home today and become part of this delightful community!

Newest Lake Balboa Homes under $1.25 million

7902 Genesta Avenue, 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
6530 Gaviota 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
6809 Texhoma 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
15905 Enadia Way, 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
6509 Haskell, 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
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
17200 Lanark 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
7129 Forbes Avenue, 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
6746 Encino Avenue Unit 2, 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
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
7453 Blewett Avenue, Lake Balboa
$929,000
3 Beds ⋅ 2 Baths ⋅ SR26200794 MLS ⋅ Active Status
PRICE IMPROVEMENT!!! 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
17226 Elkwood, Lake Balboa
$995,000
3 Beds ⋅ 3 Baths ⋅ OC26198778 MLS ⋅ Active Status
Huge Price Reduction!! 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
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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.

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