Lake Balboa (LKBL) Homes with Two Levels Stories

Welcome to Lake Balboa, a hidden gem nestled in the heart of Los Angeles County, California. This vibrant neighborhood is known for its serene atmosphere, picturesque parks, and a strong sense of community. With its sprawling landscapes and beautiful lake, Lake Balboa offers residents a peaceful retreat from the hustle and bustle of city life while still being conveniently located near major freeways and the attractions of Los Angeles.

One of the standout features of Lake Balboa is its diverse real estate options, particularly the charming two-story homes that grace the area. These homes often boast spacious layouts, allowing for ample room to grow and entertain. With their elevated designs, two-level homes offer the perfect blend of privacy and accessibility, making them ideal for families, professionals, and anyone looking to enjoy a comfortable lifestyle.

Many of these two-story residences are adorned with lovely outdoor spaces, perfect for enjoying California’s sunny climate. Imagine sipping your morning coffee on a balcony or hosting summer barbecues in a backyard oasis. The architectural styles range from modern designs to classic California bungalows, ensuring there’s a perfect fit for every taste and preference.

Lake Balboa is not just about beautiful homes; it’s also about community. Residents enjoy access to local parks, recreational activities, and a variety of shopping and dining options. Whether you’re looking to take a stroll around the lake, enjoy a picnic in the park, or explore the nearby attractions, Lake Balboa has something for everyone. Come discover your dream home in this enchanting neighborhood today!

Newest Lake Balboa (LKBL) Homes with Two Levels Stories

$1,099,000

4 Beds ⋅ 3 Baths ⋅ SR26152157 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

$3,995,000

26 Beds ⋅ 25 Baths ⋅ 26848227 MLS ⋅ Active Status

7356 Haskell Avenue presents an outstanding opportunity to acquire a well-maintained 21-unit multifamily investment in the heart of Van Nuys, one of the San Fernando Valley's strongest and most established rental markets. Situated on an approximate 17,011 SF LAR3-zoned corner parcel, the property consists of approximately 15,192 rentable square feet and features an attractive unit mix of four 2-bedroom/2-bath units, one 2-bedroom/1-bath unit, fifteen 1-bedroom/1-bath units, and one studio. The property offers investors immediate cash flow with significant upside through continued unit turnover and rental growth. Residents enjoy desirable amenities including a covered swimming pool, 21 on-site parking spaces (including an enclosed two-car garage), gated access, and on-site laundry facilities. Ownership has completed several major capital improvements, including the soft-story retrofit, updated electrical panels, plumbing repiping, electric water heaters in the units, and upgraded pool equipment, helping reduce future capital expenditures. Ideally located with convenient access to the 405 Freeway, major employment centers, public transportation, shopping, dining, and everyday conveniences. 7356 Haskell Avenue offers investors a rare combination of stable in-place income, value-add potential, and long-term appreciation in one of Los Angeles' most resilient multifamily submarkets. Buyer to verify all information deemed important. All data including square footage, lot size, room dimensions, and property boundaries are approximations only and should be independently verified by the buyer.

7356 Haskell Avenue, Van Nuys

$899,000

4 Beds ⋅ 3 Baths ⋅ 26842645PS MLS ⋅ Active Status

Charming Lake Balboa Home with 4 spacious bedrooms and 2.5 bathrooms located in a desirable Cul De Sac! The double-door entry opens to a bright, airy space with an open floorplan with an abundance of natural light! Vaulted ceilings and large windows in the spacious living room, dining room, kitchen/den with stone stacked fireplace. Four bedrooms are upstairs and two full bathrooms. The primary features include a walk-in closet, more vaulted ceilings, an en suite bathroom Indoor/outdoor living is a great feature with concrete and stone detailed patios for outdoor entertaining. This home has well-maintained home is move in ready or a great to cosmetically update to make it your own. Attached two-car garage plus Owned Solar (owners have no electric bill, but bills are based on usage), located on a quiet cul-de-sac, but still close to coffee shops, restaurants, freeway access, and beautiful Lake Balboa Park.

7822 Goldmine Lane, Lake Balboa

$1,350,000

8 Beds ⋅ 5 Baths ⋅ 26830925 MLS ⋅ Active Status

An exceptional opportunity to acquire 6504 Woodley Avenue, a well-maintained 4-unit apartment community located in the heart of Lake Balboa one of the San Fernando Valley's most sought-after and supply-constrained rental markets. Built in 1953 and coming to market for the first time in 63 years, the property has served as the seller's primary residence and reflects true pride of ownership, with consistent upkeep resulting in a building that is in exceptional overall condition. With two vacant, move-in-ready units, the offering presents an excellent opportunity for immediate lease-up or an owner-user seeking flexible occupancy.Situated on a 7,257 square foot lot, the property totals 3,720 square feet of gross building area. The asset features a favorable unit mix of two (2) two bedroom, one bath units, one (1) two bedroom, two bath unit, and one (1) two bedroom, two bath large unit averaging 1,200 square feet. Parking includes three (3) covered garage spaces and two (2) gated spaces. Current rents average $1,984 for the two bedroom, one bath units, $1,730 for the two bedroom, two bath unit, and $2,850 for the large two bedroom, two bath unit, generating a scheduled monthly rent of $8,547 and scheduled yearly rent of $102,564.As a 1953 construction, the property is subject to the Los Angeles City Rent Stabilization Ordinance (RSO), which governs allowable annual rent increases and tenant protections. The two vacant units represent a near-term opportunity to reset rents to current market levels, providing a meaningful avenue for income growth within the RSO framework.Lake Balboa's enduring residential appeal further strengthens the investment profile of 6504 Woodley Avenue. The neighborhood is widely recognized for its tree-lined streets, well-kept single-family and multifamily stock, and strong community identity offering a suburban sense of calm with convenient access to the broader Valley. The property is surrounded by respected local schools including Bassett Street Elementary, William Mulholland Middle School, and High Tech Los Angeles, and sits just moments from the open green spaces of Woodley Avenue Park and Woodley Park, adding to its long-term desirability for families and renters alike. Proximity to major employment corridors along Sepulveda Boulevard and the 405 and 101 freeway interchanges ensures consistent rental demand from commuters across the region.With its prime Lake Balboa location, favorable unit mix, two vacant lease-up units, and strong in-place income, 6504 Woodley Avenue presents a compelling opportunity for investors and owner-users alike seeking a stable, pride-of-ownership asset in one of the San Fernando Valley's most competitive and enduring residential submarkets.

6504 Woodley 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.