Lake Balboa Homes with Assigned Parking features

Welcome to Lake Balboa, a hidden gem nestled in the heart of Los Angeles County, California. Known for its serene lakeside parks and vibrant community, Lake Balboa offers a perfect blend of suburban tranquility and urban accessibility. Just a stone's throw away from the bustling city life, residents enjoy the best of both worlds with an array of outdoor activities, shopping, and dining options right at their doorstep.

One of the standout features of homes in Lake Balboa is the availability of assigned parking. In a city where parking can often be a challenge, having a designated space provides peace of mind and convenience. Whether you’re coming home from a long day at work or returning from a weekend adventure, knowing that your vehicle has a secure spot waiting for you adds an extra layer of comfort to your living experience.

The homes themselves reflect the charm of the neighborhood, with a variety of styles to suit different tastes. From cozy single-family residences to modern townhomes, Lake Balboa boasts properties that cater to families, young professionals, and retirees alike. Many homes feature spacious interiors, lovely backyards, and, of course, the coveted assigned parking.

As you explore this delightful community, you'll find that Lake Balboa is not just a place to live; it’s a place to thrive. With its beautiful parks, friendly neighbors, and easy access to all that Los Angeles has to offer, it’s no wonder that so many are choosing to call Lake Balboa home. Come discover your dream home today!

Newest Lake Balboa Homes with Assigned Parking features

$1,799,000

10 Beds ⋅ 12 Baths ⋅ 26865459 MLS ⋅ Active Status

Built in 1990, this gated four-unit multifamily property features an attractive townhouse-style unit mix consisting of two 2-bedroom, 2.5-bath units and two 3-bedroom, 2.5-bath units, averaging approximately 1,430 square feet each. Every unit offers a spacious open floor plan with a fireplace, large kitchen, private balcony, washer/dryer hookups, and a large attached two-car garage. Two units have also been updated with waterproof laminate flooring throughout the downstairs living areas and bathrooms. From an investor's perspective, the property offers strong in-place cash flow with significant upside potential. The asset is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), allowing ownership to capture full market rent increases. Current operations generate approximately $74,779 in annual NOI, with projected stabilized NOI of approximately $106,927 at market rents. With its desirable large-unit mix, family-oriented amenities, and limited near-term capital expenditure requirements, this property presents an excellent investment opportunity.

6440 Balboa Boulevard, Lake Balboa

$2,495,000

SR23163447 MLS ⋅ Active Status

MAJOR PRICE IMPROVEMENT – Reduced by $200,000! Exceptional investment opportunity offering one of the lowest prices at just $426 per sq. ft. and an impressive 6% Cap Rate. This premier 3-year-old modern income property in Lake Balboa consists of four units across two addresses (6843 & 6845 Haskell Ave.) and is fully leased with over $170,000 in annual rental income. Property configuration: • Front residence: 3-bedroom, 4-bath home with an attached 1-bedroom, 1-bath ADU • Rear duplex: Two spacious units, each offering 4 bedrooms and 4 bathrooms Designed for low-maintenance ownership, each unit features high-end finishes including quartz countertops, stainless steel appliances, in-unit washer and dryer, smart locks, Nest thermostats, security cameras, fire sprinklers, and dual-pane windows. A centralized network system provides free Wi-Fi, security camera connectivity, and hardwired Ethernet access to every unit, adding value for both owners and tenants. Additional highlights include: • Fully leased with strong, stable cash flow • No rent control • Gated property with 6 on-site parking spaces • Separate gas, electric meters, and electrical panels • Individual solar systems for each primary unit • Modern construction with low maintenance costs Ideally located near major freeways, shopping, dining, and employment centers, this is a rare opportunity to acquire a high-performing, newer construction asset at one of the best values on the market. Please see the Supplements for the detailed Cap Rate analysis.

6845 Haskell 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.