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$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
$849,000
3 Beds ⋅ 2 Baths ⋅ SR26153008 MLS ⋅ Active Status
Welcome to 9508 Paso Robles Ave, a beautifully maintained residence with MID CENTURY VIBES & TiMELESS CHARM, exceptional Indoor-Outdoor Living, and the relaxed lifestyle that makes Lake Balboa one of the San Fernando Valley’s most sought-after neighborhoods. Situated on a Picturesque Street, Amongst PRIDE OF OWNERSHIP Homes, This inviting home welcomes you with Handsome curb appeal and an attractive exterior that creates a memorable first impression. Inside, abundant Natural Light pours through a Dramatic Wall of Sliding Glass Doors, framing the Beauty of the professionally landscaped rear grounds while illuminating Gleaming Hardwood Floors, Rich Wood detailing, and spacious, flexible floor plan designed for today’s lifestyle. Offering exceptional versatility, the home may be configured as a three bedrm. or enjoyed as two bedrms. with an expansive family room ideal for entertaining, working from home, or multi-generational living. The generous eat-in kitchen serves as the heart of the home, featuring a skylight, natural bleached wood cabinetry, pantry, abundant counter space, and a convenient pass-through that flows seamlessly into adjoining living areas. The inviting den is anchored by a decorative Palisade stone fireplace, creating a welcoming gathering space for family & friends. The primary suite is enhanced by Artfully Designed windows, a spacious walk-in closet, and Peaceful garden views. Two full baths complete the thoughtfully designed interior, providing comfort throughout. Step outside to an expansive covered patio overlooking beautifully landscaped grounds that have been professionally designed to create a serene & Private outdoor retreat. Whether enjoying al fresco dining, entertaining guests, or simply relaxing with your morning coffee, the backyard offers an ideal setting for year-round California living. Perfectly positioned in the heart of Lake Balboa, the home is just moments from the renowned Lake Balboa Park, where residents enjoy a picturesque lake, walking & biking paths, paddle boating, fishing, picnic areas, golf courses, and the beautiful Japanese Garden. Convenient access to 101/405 Fwys places Ventura Boulevard’s acclaimed dining, shopping, entertainment & employment centers within easy reach. 9508 Paso Robles Ave. presents a wonderful opportunity to enjoy Lake Balboa living.** TWO Driveways, Upgraded Electrical Panel, Upgraded Windows. & So Much More. DREAMS DO COME TRUE...Welcome Home.

7508 Paso Robles Avenue, Lake Balboa
$795,000
2 Beds ⋅ 2 Baths ⋅ SR26147811 MLS ⋅ Active Status
Before I tell you about this charming Mid-Century home in one of Lake Balboa's neighborhoods, let's talk about the things you can't see, because they're the expensive ones! The roof? NEWER. The sewer line? REPLACED. Copper plumbing? UPDATED. HVAC motor? NEW. Fresh interior and exterior paint? DONE! In other words, many of the major projects that keep homeowners awake at night have already been taken care of, leaving you free to enjoy the fun part—making this vintage beauty your own. Now, let's step inside. The spacious living room welcomes you with a mirrored accent wall that's just waiting to reflect your best dance moves (or at least make the room feel twice as big). Adjacent den can become a formal dining room, home office, or whatever your imagination dreams up. The country kitchen is where old-school charm steals the show. A soaring knotty pine ceiling sets the stage while the wood cabinetry, classic Formica countertops, built-in appliances, and breakfast nook remind us that good design never really goes out of style. It's the kind of kitchen where coffee tastes a little better and family recipes deserve to live on. The home's unique floor plan places the bedrooms on opposite sides of the living room, giving everyone their own private retreat. The east bedroom offers laminate flooring, generous wall-to-wall closets, and access to a semi-updated bathroom featuring fabulous vintage tile that deserves a comeback. Even the hallway wallpaper has survived the decades with style and is ready for its close-up. The west bedroom continues the retro vibe with laminate flooring and its own mirrored three-quarter bathroom with a walk-in shower. Step outside and discover a property that's full of personality. The fully gated lot offers a long driveway leading to a one-car garage and an additional covered carport. Mature fruit trees provide nature's grocery store, while the classic backyard clothesline is a nostalgic reminder of the days before dryers—and yes, sheets really do smell better dried in the California sunshine! The spacious backyard offers endless possibilities. Garden, entertain, add an ADU (buyer to verify), or simply relax and enjoy your own private retreat. If HGTV and Grandma's house had a baby, this might be it. Full of character, packed with expensive upgrades, and ready for its next chapter, this Lake Balboa classic is looking for someone who appreciates a little nostalgia, a lot of charm, and a home with stories still left to tell.

15841 Marlin Place, Lake Balboa
$1,100,000
SR26130755 MLS ⋅ Active Status
***EXCEPTIONAL INVESTMENT OPPORTUNITY*** Rare opportunity to own MULTY UNIE INCOME PROPERTY W TWO PERMITTED ADUS| income-producing property | featuring a beautifully maintained 4 beds, 2-bath in the main home |The Junior ADU is a guest house that is attached to the house with a separate entrance | The second ADU has a separate address, |creating outstanding flexibility for multigenerational living or rental income | SOLAR SYSTEM IS FULLY PAID. The property is move-in ready |offers numerous recent upgrades | including a newer roof, new floors, paint and bathrooms | fully paid-off solar system, helping reduce utility costs and increase long-term value |The backyard is a private retreat with mature producing fruit trees and plenty of outdoor space to enjoy | Ideal for an owner-occupant looking to live in the main home |while generating income from the ADUs, or for an investor seeking strong cash-flow potential. Conveniently located near schools, shopping, dining, parks, public transportation, and major commuter routes. Nearby schools include Stagg Street Elementary, Northridge Middle School, and Birmingham Community Charter High School. Residents will also enjoy easy access to Lake Balboa recreation areas and shopping destinations throughout the neighborhood. All information is deemed reliable but not guaranteed. Buyer is advised to independently verify the accuracy of all property information. Listing agent and broker are not responsible for inaccuracies

17144 Burton Street, Lake Balboa
$1,100,000
6 Beds ⋅ 4 Baths ⋅ SR26114488 MLS ⋅ Active Status
***EXCEPTIONAL INVESTMENT OPPORTUNITY*** Rare opportunity to own MULTY UNIE INCOME PROPERTY W TWO PERMITTED ADUS| income-producing property | featuring a beautifully maintained 4 beds, 2-bath in the main home |The Junior ADU is a guest house that is attached to the house with a separate entrance | The second ADU has a separate address, |creating outstanding flexibility for multigenerational living or rental income | SOLAR SYSTEM IS FULLY PAID. The property is move-in ready |offers numerous recent upgrades | including a newer roof, new floors, paint and bathrooms | fully paid-off solar system, helping reduce utility costs and increase long-term value |The backyard is a private retreat with mature producing fruit trees and plenty of outdoor space to enjoy | Ideal for an owner-occupant looking to live in the main home |while generating income from the ADUs, or for an investor seeking strong cash-flow potential. Conveniently located near schools, shopping, dining, parks, public transportation, and major commuter routes. Nearby schools include Stagg Street Elementary, Northridge Middle School, and Birmingham Community Charter High School. Residents will also enjoy easy access to Lake Balboa recreation areas and shopping destinations throughout the neighborhood. All information is deemed reliable but not guaranteed. Buyer is advised to independently verify the accuracy of all property information. Listing agent and broker are not responsible for inaccuracies

17144 Burton Street, Lake Balboa

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.