Lake Balboa (LKBL) Homes under $1.25 million

Welcome to Lake Balboa, a hidden gem nestled in the heart of the San Fernando Valley in Los Angeles County, California. This vibrant community is known for its picturesque parks, serene lakes, and family-friendly atmosphere. With its lush greenery and recreational opportunities, Lake Balboa offers the perfect blend of urban convenience and natural beauty. Residents enjoy access to the expansive Lake Balboa Park, where you can stroll along scenic pathways, enjoy a picnic, or take a paddleboat ride on the tranquil lake.

Lake Balboa is not just about its stunning landscapes; it’s also a thriving neighborhood teeming with diverse culinary options, boutique shops, and cultural experiences. The area is well-connected with public transportation and major freeways, making it easy to explore all that Los Angeles has to offer, from the iconic Hollywood sign to the bustling downtown area.

For homebuyers seeking affordability without compromising on quality of life, Lake Balboa presents an enticing opportunity. You can find charming homes under $1.25 million, perfect for first-time buyers or those looking to invest in a growing community. These properties often feature spacious layouts, modern amenities, and proximity to local schools and parks, making them ideal for families and professionals alike.

Embrace the Lake Balboa lifestyle, where you can enjoy the tranquility of suburban living while being just a stone’s throw away from the vibrant energy of Los Angeles. Discover your dream home today in this enchanting neighborhood!

Newest Lake Balboa (LKBL) Homes under $1.25 million

$1,025,000

3 Beds ⋅ 3 Baths ⋅ P1-29192 MLS ⋅ Active Status

Delightful 3 bed + loft, 3 bath home offering 2,359 sq ft of bright, open living space in a desirable gated Lake Balboa community with low HOA dues. Built in 2016 and featuring the largest floor plan in the community, this stylish home enjoys a prime corner location offering added privacy and convenient access.A welcoming entry opens to the expansive main living area, where 9-foot ceilings, warm wood-look flooring, and abundant windows create a light-filled, inviting atmosphere. Motorized window shades provide effortless privacy and light control. The spacious great room seamlessly connects the living, dining, and kitchen areas, creating the perfect setting for relaxed everyday living and effortless entertaining. At the heart of the home, the beautifully appointed kitchen offers rich wood cabinetry, stone countertops, stainless-steel appliances, including a 5-burner range, and generous storage and prep space. A large center island with breakfast bar and stylish pendant lighting provides a natural gathering place for morning coffee, casual meals, and conversation. Upstairs, a versatile loft offers valuable additional living space, ideal for a home office, family room, fitness area, or possible fourth bedroom conversion. The spacious primary suite serves as a peaceful retreat, complete with a separate sitting room, walk-in closet, and ensuite bath featuring an expansive dual vanity, soaking tub, separate glass-enclosed shower, and private water closet. Two generously sized secondary bedrooms include one with a walk-in closet and another with a custom Murphy bed, offering added flexibility for guests or a home office. The thoughtfully designed secondary bath features dual vanities separated from the tub/shower area, making busy mornings a breeze. A dedicated laundry room and additional built-in storage at the landing complete this well-planned upper level. Outside, the private, low-maintenance yard invites you to enjoy Southern California living, with attractive interlocking pavers, artificial turf, and manicured landscaping--perfect for morning coffee, weekend barbecues, or relaxing evenings at home. Additional highlights include an attached 2-car garage with direct access and EV charger hookup. Ideally situated near Lake Balboa Park, Balboa Sports Center, and the Sepulveda Wildlife Reserve, the home offers easy access to hiking, biking, and outdoor recreation. Convenient proximity to the 101 and 405 freeways keeps everything Los Angeles has to offer.

17326 Parque Vanowen Way, Lake Balboa

$939,000

3 Beds ⋅ 2 Baths ⋅ SR26217497 MLS ⋅ Coming Soon Status

Some homes simply feel like home, and 17527 Lemay Place is one of them. This one has an intangible warmth that makes you feel like you're where you belong. Located on one of the most beautiful tree-lined streets in arguably the best block in up-and-coming Lake Balboa, this 3-bedroom, 2-bathroom residence combines timeless charm with thoughtful updates throughout. Original wood floors bring warmth and character to the home, while updated windows, newer HVAC, newer roof installed in 2021, updated 200 amp electric panel, modern appliances, and other improvements provide everyday comfort and convenience. Outside, drought-tolerant landscaping adds to the home's curb appeal while keeping maintenance practical on its generously sized, fully enclosed and gated lot. The insulated and beautifully updated garage is a standout bonus, complete with mini-split AC and endless possibilities. Create a home office, gym, studio, additional living space, guest house, or simply enjoy an exceptionally finished garage! Lovingly renovated and cared for over the years, this is a special home in a special location, offering the charm, comfort, and sense of place that buyers hope to find. Close to Lake Balboa Park and the Sepulveda Basin, where many LA28 Olympic Events will be held! Also close to shopping and restaurants off Ventura Blvd. with easy commuter access to the 405, 101, and 118 freeways.

17527 Lemay Place, Lake Balboa

$835,000

2 Beds ⋅ 1 Baths ⋅ 26998823 MLS ⋅ Active Status

Welcome to 7244 Chicopee, where California cool meets design-forward living. Artfully reimagined and completely turn-key, this Lake Balboa stunner offers the perfect blend of mid-century ranch soul and clean, modern sophistication. Tucked away on a quiet cul-de-sac, the home greets you with a striking custom horizontal slat gate that opens into your private, sun-drenched sanctuary. Step inside the 944-square-foot interior where wide-plank flooring and crisp recessed lighting ripple across a luminous, open-concept floor plan. Two expansive picture windows and a seamless glass door designed to transition effortlessly from an intimate, light-filled sanctuary to an inviting venue for hosting under the stars. The kitchen is a visual statement featuring gleaming quartz countertops, a striking slat-wall design accent, premium stainless steel appliances, a chef-smart-ready gas range, and a spacious breakfast bar. Whether you're pouring slow-morning coffee in absolute peace or hosting an intimate dinner party that spills out into the evening air, this kitchen is engineered for both functional workspace and refined entertaining. The redesigned bathroom doubles as a minimalist retreat, pairing a floating dark vanity and matte black hardware with a frameless glass walk-in shower and striking penny-tile flooring. Step outside onto the generous 5,977-square-foot lot and discover a true modernist compound designed for dual-mode California living. Framed by indigo block walls, vibrant bougainvillea, and drought tolerant plants, the private backyard is an entertainer's paradise that effortlessly balances serene solitude with dynamic hosting capability. Twin metal-roofed pergolas structure the outdoor zones: a shaded lounge beneath bistro lighting and anchored by a central fire table for quiet, starlit evenings, alongside an adjacent al fresco dining pavilion complete with a built-in grill station. Step-stone paths wind past a cowboy pool and native landscaping, creating a seamless, resort-style flow that transitions effortlessly from peaceful daytime repose to unforgettable intimate evening gatherings.

7244 Chicopee Avenue, Lake Balboa

$359,000

1 Beds ⋅ 1 Baths ⋅ 219153986DA MLS ⋅ Active Status

Centrally located in the desirable Lake Balboa / Van Nuys area, this upgraded first-floor condo offers convenient access to the 405 freeway, shopping, dining, and recreation. Situated in a well-maintained, smaller community of just 24 units, this property provides a more private and peaceful living environment.The unit features real bamboo hardwood flooring, fresh interior paint, and updated appliances, creating a clean and move-in ready space. Enjoy year-round comfort with central A/C and heating, along with a functional and open layout. Step outside to an oversized private patio, perfect for relaxing, entertaining, or creating your own outdoor retreat.Community amenities include a pool, spa/Jacuzzi, and outdoor BBQ area--ideal for enjoying the Southern California lifestyle.Additional highlights include a 2-car tandem garage with in-unit washer and dryer hookups, offering added convenience along with ample parking and storage.Located just minutes from Lake Balboa Park, parks, and walking trails, this home combines comfort, convenience, and value in one of the Valley's most accessible locations.

7307 Haskell Avenue Unit 4, Van Nuys

$775,000

2 Beds ⋅ 2 Baths ⋅ 226004740 MLS ⋅ Active Status

1950s Charm -A Whole Lot of PossibilityWelcome to Wish Avenue, a sweet starter home in the quaint Lake Balboa neighborhood, where vintage charm meets the opportunity to make it your own.With approximately 1,694 square feet of living space, two bedrooms, two bathrooms and a nearly 8,000-square-foot lot, this home offers comfortable living today and plenty of possibilities for tomorrow. The vintage kitchen brings a little nostalgia with its classic cabinetry and tile counters, while the permitted family room provides additional space for gathering, relaxing or enjoying a favorite movie. The primary bedroom was also expanded and a bathroom added from it's original layout.Newer heating and air conditioning, along with select updated windows, add everyday comfort. A well maintained exterior creates a welcoming first impression, and the spacious backyard has room for an adu, weekend barbecues, gardening and outdoor entertaining, with a handy storage shed for tools and extras.Clean and livable, the home is ready for your personal touch! Whether you embrace its retro personality or give it a fresh new look.Bring your imagination, a few paint swatches and your plans for the future. Wish Avenue is ready for its next chapter!

7654 Wish Avenue, Lake Balboa

$899,000

4 Beds ⋅ 3 Baths ⋅ IV26214612 MLS ⋅ Active Status

***Beautiful SINGLE STORY Home with GUEST QUARTERS in the Highly Desirable Area of LAKE BALBOA*** First time on the Market - this home has remained with the original owners since it was built! You will Absolutely Love this Charming home as it is perfect for Multi-Generational living, offering a separate kitchenette, living room, 1 bedroom and full bath at the rear of the home with its own private entrance. This thoughtfully designed layout features 4 bedrooms, 3 fully Remodeled bathrooms with walk-in showers, approximately 1,820 sq. ft., and a 2-car garage, all situated on a spacious lot. The home has been beautifully updated with newer windows, newer exterior paint, three remodeled bathrooms, walk-in showers, large A/C unit, artificial turf for easy maintenance, and mature fruit trees including a huge avocado tree. Step inside to a spacious living room with a cozy rock fireplace overlooking the covered patio area, creating a wonderful indoor-outdoor connection. The dining room flows into the kitchen, offering a comfortable and functional layout for everyday living and entertaining. An indoor laundry room provides convenient access to the side yard and garage. There is a Hallway leading to the 4 spacious Bedrooms with 3 Bathrooms and separate Living Room with Kitchenette. There is a 2 Car Garage with shelving. The backyard is surrounded by mature trees and offers plenty of space to relax and enjoy. Low tax rate and no HOA!

7227 Whitaker Avenue, Lake Balboa

$879,000

3 Beds ⋅ 3 Baths ⋅ SR26212363 MLS ⋅ Active Under Contract Status

Stylish, extensively updated and made for the California lifestyle, this 3-bedroom, 2.5-bath home offers open-concept, indoor-outdoor living that extends to an exceptionally private backyard with a sparkling pool, plus paid-off solar and a detached 2-car garage. Set on a private corner lot surrounded by mature greenery, the home welcomes you with a gorgeous shade tree, thoughtfully designed low-maintenance landscaping, a spacious covered front porch, and a long driveway. The open-concept floor plan connects the main living spaces, with the remodeled kitchen and dining area flowing into an expansive living room featuring a wall of windows and glass doors overlooking the inviting pool and private backyard. The remodeled kitchen features white shaker cabinetry, quartz countertops, stainless steel appliances, and a window above the sink bringing in natural light. A peninsula with a breakfast bar provides casual dining and opens the kitchen to the main living areas. A separate laundry room just off the kitchen provides convenience and access to the driveway. The primary bedroom comfortably accommodates a king-size bed and offers generous closet space, windows overlooking the backyard and greenery, and a remodeled en-suite bath with a glass-enclosed, tiled shower. Two additional bedrooms are bright and inviting, with windows overlooking the beautifully landscaped front yard, including one with a private en-suite half bath. The remodeled full hallway bath features a spacious vanity and a beautifully tiled tub and shower with a frameless glass enclosure. The backyard is a true retreat, thoughtfully designed for relaxing and enjoying the outdoors. A resurfaced pool gives it a crisp, clean look, while a mature citrus tree shades a serene sitting area with a waterfall feature. The wood deck and dining space create an inviting setting for entertaining or simply enjoying the backyard as the evening lighting comes on after sunset. Notable upgrades include paid-off solar, the roof, resurfaced pool, HVAC system, double-pane windows, instant hot water, exterior and interior paint, refinished hardwood floors, smart recessed lighting, low-maintenance landscaping with artificial turf, DG and a low-water irrigation system. Extensively updated, exceptionally private and designed for easy indoor-outdoor living, this home offers a peaceful Lake Balboa setting just waiting to be enjoyed. Schedule your private tour today!

8002 Aldea Avenue, Lake Balboa

$779,777

3 Beds ⋅ 2 Baths ⋅ SR26209521 MLS ⋅ Active Status

Welcome to 17417 Sherman Way, a stylish Lake Balboa home where modern design, indoor-outdoor living, and future potential come together on an 6,000 sqft. lot. Step inside to a bright, open-concept living space highlighted by a dramatic faux brick fireplace wall, recessed lighting, and polished tile floors. The remodeled kitchen features sleek white cabinetry, quartz countertops, stainless steel appliances, a large peninsula with bar seating, and an open layout that flows directly into the dining and living areas. Oversized glass windows along with a sliding door span the rear of the home, filling the space with natural light and creating a seamless connection to the backyard. The outdoor space is one of the home’s biggest highlights. Mature trees provide shade and privacy while multiple entertaining areas create room to dine, lounge, barbecue, garden, or simply relax. A bbq area, grassy yard, mature landscaping, and separate sitting areas give the property the feel of a private retreat right in the middle of the Valley. The property also offers something increasingly valuable in Lake Balboa: Rear wide alley access with an expanded paved parking area and a one-car garage. The garage has been converted to studio style space with a kitchenette and bathroom without permits, the buyer to bring this to code if they want to convert to an ADU or the seller can convert it back to a standard garage. The existing alley access and additional parking provide flexibility that is difficult to replicate. Although public records reflect 2 bedrooms, 1 bathroom and approximately 819 sq. ft., the home physically features 3 bedrooms, 2 bathrooms and measures approximately 915 sq. ft. The additional bedroom includes a small en-suite bathroom and its own private exterior entrance, making it especially versatile for guests, extended family, a private office, or other flexible living needs. Buyer to independently verify square footage, bedroom and bathroom count, permits, ADU feasibility, and intended use. From the gated and landscaped front courtyard to the open living spaces, entertainer’s backyard and alley-access parking, this home makes exceptional use of every part of the property. Move-in ready today with flexibility and income potential for tomorrow, all in the heart of Lake Balboa.

17417 Sherman Way, Lake Balboa

$720,000

2 Beds ⋅ 1 Baths ⋅ 26987517 MLS ⋅ Active Status

This adorable 2-bedroom, 1-bath home offers a beautifully redesigned living space with thoughtful upgrades throughout. Move-in ready and full of charm, this inviting little blue house is the perfect alternative to renting or condo living. Step inside to discover new flooring in the living room, creating a warm and welcoming space to unwind. The remodeled kitchen blends style and functionality with updated finishes, a stainless steel stove, and a premium Bosch dishwasher, making everyday living both comfortable and convenient. Major improvements have already been completed, including copper plumbing and new Milgard dual-glazed windows for added efficiency, comfort, and peace of mind. Outside, the expansive lot offers endless possibilities for gardening, entertaining, expansion, or simply enjoying your own private outdoor space. A covered porch area creates the perfect setting for relaxing evenings or weekend gatherings with family and friends. Why share walls or pay HOA fees when you can enjoy the privacy and freedom of owning your own home? With its character, updates, oversized lot, and potential for an ADU, this charming property offers a rare opportunity to own a detached home that truly feels like your personal retreat.

7444 Oak Park Avenue, Van Nuys

6840 Balboa Boulevard Unit 507, Los Angeles

$535,000

2 Beds ⋅ 3 Baths ⋅ 26990389 MLS ⋅ Active Status

Beautifully updated multi-level townhome-style residence offering a spacious, open-concept floor plan, private direct-access two-car garage, multiple balconies and resort-style community amenities in a desireable Van Nuys location near the Encino border and Lake Balboa. Enter through the gated community and enjoy the convenience of a private two-car garage with stackable washer and dryer and direct interior access. The lower level includes a versatile bonus area ideal for additional storage, a home office, fitness area or flexible-use space. The main living level opens to a bright and inviting living, dining and kitchen area featuring light wood-look-flooring, crown molding and recessed lighting throughout. A striking white brick fireplace with mantel creates a beautiful focal pont in the living room, while sliding doors open to a private balcony overlooking the community grounds and pool area. The updated kitchen features abundant cabinetry, dark stone-style countertops, decorative tile backsplace, stainless steel farmhouse-style sink and stainless steel appliancees, including an LG dishwasher and gas range. A convenient powder room and coat closet complete the main living level. Upstairs are two generously sized bedrooms and two additional bathrooms. The larger bedroom features crown molding, ample closet space and access to a private balcony with elevated neighborhood and community views. The beautifully updated hall bathrom showcases marble-look tile, a deep soaking tub, contemporarary vanity, recessed lighting and a Bio Bidet toilet. The second bedroom features its own en-suite bathroom with wood-look tile, frameless glass shower enclosure, contemporary floating vanity and an impressive multi-function shower system with overhead rainfalll shower system with overhead rainfall shower and multiple body sprays. Additional highlights include central HVAC, extensive recessed lighting, crown molding, updated flooring, contemporary bathroom finished and multiple private outdoor spaces. Enjoy the community swimming pool and spa surrounded by lounge seating and outdoor tables, along with a convenient pool-area restroom and shower. With its gated setting, direct-access two-car garage, beautifully updated kitchen and bathrooms, fireplace, multiple balconies, flexible bonus space, pool and spa, this residence offers an exceptional combination of comfort, convenience and Southern California living.

6840 Balboa Boulevard Unit 507, Los Angeles

$949,000

4 Beds ⋅ 3 Baths ⋅ 26989519 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. Main house is tenant occupied but will be delivered vacant on 12/1/2026

17209 Stagg Street, Van Nuys

$1,025,000

3 Beds ⋅ 2 Baths ⋅ 26989051 MLS ⋅ Active Status

A warm, character-filled single-level home on a quiet cul-de-sac in Lake Balboa, offering nearly 2,000 square feet, 3 bedrooms, 2 baths, and a generously sized den/office with the potential to be converted to a 4th bedroom. :: The floor plan simply works. The living room, dining area, and eat-in kitchen connect with an easy, natural flow that feels both comfortable and functional. :: And the character is special. A gorgeous travertine entry, rich Brazilian chestnut hardwood floors, and an original Palos Verdes stone fireplace give the living room warmth and personality. :: The eat-in kitchen features newer cabinetry and stainless-steel appliances, with a separate dining area overlooking the backyard. The spacious primary suite includes a walk-in closet. Both bathrooms have been recently refreshed with new vanities, countertops, sinks, fixtures, and shower doors. Fresh interior paint in many areas adds a clean, updated feel. :: Big-ticket improvements include dual-pane windows, copper plumbing, an updated electrical panel, a bolted foundation, an EV charger, and a 25-panel solar system. The attached two-car garage connects directly to the home for everyday convenience. :: Then there's the backyard. Private, lush, and wonderfully established, with mature trees, layered greenery, an orange tree, plenty of space to gather, and a covered patio made for long dinners and evenings outdoors. The Valerio House is a true Southern California retreat. 3 bedrooms + flexible den/office | Nearly 2,000 SF | Cul-de-sac | Single level | Private yard | Solar | EV charger | Attached 2-car garage

16750 Valerio Street, 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.