Lake Balboa (LKBL) Homes with None Parking features

Welcome to Lake Balboa, a hidden gem nestled in the heart of Los Angeles County, California. This charming neighborhood is renowned for its serene atmosphere, lush greenery, and a vibrant community spirit. With its picturesque parks and scenic lakes, Lake Balboa offers residents a tranquil escape from the hustle and bustle of city life, making it an ideal location for families, young professionals, and retirees alike.

One of the standout features of homes in Lake Balboa is the availability of properties with none parking features. These unique homes present an opportunity for those who appreciate minimalist living or seek to embrace a more eco-friendly lifestyle. Imagine living in a space where you can prioritize your time and resources on experiences rather than the upkeep of a vehicle. The absence of parking spaces encourages residents to explore the excellent public transportation options nearby and take advantage of the pedestrian-friendly streets that invite leisurely strolls and bike rides.

Lake Balboa is not only about beautiful homes; it is also surrounded by a wealth of amenities. Residents enjoy easy access to local shops, restaurants, and recreational facilities, including the expansive Lake Balboa Park, which boasts walking trails, picnic areas, and a serene lake perfect for a day of fishing or paddle boating. The community is also well-connected to major freeways, providing convenient access to the vibrant offerings of Los Angeles.

Discover the charm of Lake Balboa, where a unique lifestyle awaits in homes that prioritize simplicity and connection to nature. Embrace the beauty of this idyllic neighborhood and make it your new home today!

Newest Lake Balboa (LKBL) Homes with None Parking features

$1,599,999

37 Beds ⋅ 37 Baths ⋅ 26864773 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. 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. 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. 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 a 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). 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

$925,000

4 Beds ⋅ 3 Baths ⋅ 26829855 MLS ⋅ Active Status

Don't miss this opportunity to own two homes on one lot in the highly sought after community of Lake Balboa! Includes large, newly renovated 3 bedroom and 2 bath house with fully permitted 1 bedroom ADU. Perfect for large families, or live in one and rent out the other to supplement your mortgage. Both properties have their own addresses and are permitted for separate electric and gas meters. The traditional 3 bedroom, 2 bath home has beautiful modern finishes, offers central AC and heat, newer flooring and fully renovated bathrooms & kitchen. Main house has all new stainless steel appliances. Large landscaped front and back yards with recently added sprinklers. No expense was spared in renovating this house. The ADU is 1 bedroom and 1 bath with a living area,full kitchen, and separate bedroom, AC/heat, and dishwasher. Property is tenant occupied but could be delivered vacant

17209 Stagg Street, 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.