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$9,500,000
59 Beds ⋅ 49 Baths ⋅ 26658831 MLS ⋅ Closed Status
We are pleased to present 7203 Rubio Avenue, a high-quality multifamily investment opportunity located in the Lake Balboa neighborhood of the San Fernando Valley. Constructed in 2013, the property consists of 29 residential units and a separately leased on-site office space situated on a prominent corner lot at the intersection of Sherman Way and Rubio Avenue. This offering represents the first time the asset has been brought to market since completion, providing investors the rare opportunity to acquire a modern, institutionally maintained property in a central infill Los Angeles location. The residential component features a well-balanced unit mix of one-, two-, and three-bedroom layouts ranging from approximately 675 to 1,295 square feet. Units are outfitted with contemporary interior finishes, including recessed lighting, luxury vinyl plank flooring, quartz countertops, stainless steel appliances, wood cabinetry, and generous storage. Some of the units have tile throughout the kitchen, living room, and bathroom areas. Seventeen units offer private balconies, and the property includes common area spaces on the third and fourth floors that provide panoramic views of the San Fernando Valley and additional lifestyle appeal. The on-site office space is leased to an insurance firm with a term extending through May 31, 2027,offering stable supplemental income the space is approximately 1,200 SF and equipped with a kitchen and bathroom, ideal for a potential ADU conversion. Built in 2013, the property is not subject to the Los Angeles Rent Stabilization Ordinance, allowing for greater operational flexibility and long-term growth. The asset has strong occupancy, demonstrating tenant demand and providing immediate in-place cash flow. At the asking price, the offering is priced at $362,069 per unit and $320 per square foot, reflecting a 5.40% CAP rate and an 12.24 gross income multiplier based on current operations. The property is well equipped with 53 gated ground-floor parking spaces, EV charging stations, a secure intercom-controlled entry system, and security cameras throughout. Utilities are separately metered, including water, which minimizes landlord expense exposure. With little to no deferred maintenance, the asset offers investors a truly turnkey acquisition. Strategically located with convenient access to the 405 and 101 Freeways, the property benefits from proximity to major retail, dining, and employment corridors along Sherman Way, Victory Boulevard, and Balboa Boulevard. Residents enjoy efficient connectivity throughout the San Fernando Valley, including nearby communities such as Encino, Tarzana, Sherman Oaks, and Valley Village. Lake Balboa remains a stable, supply constrained submarket characterized by favorable demographics, consistent renter demand, and a central location, making 7203 Rubio Avenue an attractive long-term investment opportunity in the Los Angeles multifamily market.

7203 Rubio Avenue, Van Nuys
$6,512,500
36 Beds ⋅ 36 Baths ⋅ 25548685 MLS ⋅ Closed Status
7342 Haskell Ave, a 21-unit multifamily asset not subject to LA City Rent Control. Seller will carry $3,250,000 @ 5% interest only for 5 years. Built in 1986, the property is exempt from Los Angeles City rent control, allowing for annual rental increases of 5% plus CPI, currently 8.8% annually. Significant capital improvements totaling approximately $500,000 have been invested into the property, including a new roof, elevator, exterior paint, upgraded hallway flooring, modern lobby tile, security camera installation, and updated interior lighting. Additionally, there is an opportunity to add Five 1-bedroom/1-bath ADUs without losing adequate parking and potentially increasing annual income by $100,000. Proximity to Major Developments: *East San Fernando Valley Light Rail Transit Project: Approximately 1.5 miles east, this 6.7-mile light rail line along Van Nuys Boulevard is under construction, with completion anticipated in 2031. It will enhance connectivity and transit options in the area.*G Line Busway Improvements: Around 2 miles southeast, the Metro G Line is undergoing a $668 million upgrade, including the construction of elevated stations at key intersections like Van Nuys Boulevard and Sepulveda Boulevard, aiming to improve travel times and reliability. *The Brightly at 6569 Van Nuys Blvd: Located approximately 2.5 miles southeast, this six-story development features 174 residential units and 18,400 square feet of ground-floor commercial space, contributing to the area's revitalization. *Affordable Housing at 6100 Hazeltine Ave: About 3 miles southeast, a seven-story building with 72 affordable units is under development, addressing housing needs and promoting community growth. This offering is ideal for investors seeking a well-maintained asset with value-add potential in a neighborhood poised for continued growth and development. ***Contact us today to request the OM or schedule a private tour.***

7342 Haskell Avenue, Van Nuys
$5,850,000
25533033 MLS ⋅ Closed Status
Exceptional Multi-Use Commercial Property Endless Possibilities in Prime Van Nuys Location Discover an incredible opportunity to own a highly versatile commercial compound featuring two sleek, contemporary multi-use buildings on an expansive just over one-acre gated lot. With 23,800 total sq ft of flexible space, this property is ideal for a variety of owner-user or investment scenarios. Main Building: Approximately 16,800 sq ft across two stories ideal for executive offices, creative studios, or production spaces. Rear Building: Approximately 7,000 sq ft of open layout perfect for warehousing, light manufacturing, or fitness use. Secure Parking: 66 gated surface spaces (2.77/1,000 sq ft ratio) for staff, clients, or customers.Potential Uses Include:Auto dealership or showroom Corporate headquarters or regional office Luxury gym or wellness center with spa Tech or media production hubE-commerce fulfillment or shipping center Unbeatable Location: Adjacent to Van Nuys Airport, with easy access to the 405 & 101 Freeways, making logistics, travel, and client access a breeze. Just minutes from top restaurants, retail, and service amenities. This one-of-a-kind property offers unmatched flexibility, visibility, and potential for customization. Whether you're an established business or an investor looking for your next power move this is it.

6840 Hayvenhurst Avenue, Van Nuys
$2,800,000
25567243 MLS ⋅ Closed Status
17630 Sherman Way is an automotive Service center is comprised of two APNs bisected by an alleyway in Van Nuys, CA. Excellent opportunity for investors to acquire a property with an existing tenant, reposition it with a new tenant, increase market rents on a NNN basis, or for an owner/user to expand their business. Buyer to verify. Do Not Contact Tenant or Enter Property without Approval.

17630 Sherman Way, Van Nuys
$1,957,000
15 Beds ⋅ 16 Baths ⋅ 26643693 MLS ⋅ Closed Status
We are pleased to present for sale this 16-unit value-add multifamily investment opportunity located at 15865 Vanowen Street in the desirable Lake Balboa neighborhood of Van Nuys, with potential for detached ADU development. Constructed in 1976, the property encompasses approximately 9,460 square feet of building area on a large 13,494 square foot lot. Zoned R3-1, the unit mix consists of fifteen (15) one-bedroom/one-bath units and one (1) studio unit. The asset presents investors with a compelling low-basis acquisition andsignificant upside potential in a high-demand rental corridor. The property benefits from its proximity to several of the San Fernando Valley's most established neighborhoods, including Van Nuys, Lake Balboa, Sherman Oaks, North Hollywood Arts District, and Encino. Residents enjoy convenient access to major employment centers, retail, dining, and public transportation. The location carries a Walk Score of 66 ("Somewhat Walkable"), allowing select daily errands to be completed on foot. Investors have the opportunity to capture immediate upside through a vacant unit and to explore the potential development of up to eight (8) detached ADUs pursuant to SB 1211 (buyer to verify all feasibility, zoning, and entitlement requirements) Disclosure: Buyers are to conduct thorough and independent due diligence, including verifying building square footage, lot size, legal bedroom/bathroom count, parking availability, unit mix, year built, zoning, market rents, and the feasibility of ADUs or additional units. DO NOT DISTURB TENANTS OR ENTER THE PROPERTY - DRIVE-BY ONLY.

15865 Vanowen Street, Van Nuys
$1,950,000
3 Beds ⋅ 4 Baths ⋅ 25607293 MLS ⋅ Closed Status
Experience estate style living in the heart of Lake Balboa with this completely remodeled .53-acre property, offering elegance, privacy, and unmatched value. The turnkey residence showcases a designer pool, a 3-car garage, and Viking appliances in a chef's kitchen with a separate walk-in pantry. The home features three enormous bedrooms, each with its own en-suite bath, two with bathtubs and an additional guest bathroom. The bedroom suites are so spacious that one or two could easily be converted into extra bedrooms or a home office wing. The property has been extensively updated with all new energy-efficient windows new plumbing and electrical systems, fresh insulation throughout the 3000 square-foot walkable attic, new subfloors and flooring, new water feed lines, new decks and fencing, updated landscaping, and resurfaced garage floors and walls. Set amid lush mature gardens and trees, the estate offers both shade and seclusion on its 23,000+ square-foot lot a rarity in the city. There's ample room for expansion, outdoor entertaining, or future development potential. Just two blocks from Lake Balboa Park, this home enjoys a prime location in one of the area's most desirable pockets. Enjoy nearby amenities, including multiple golf courses, the Encino Farmers Market, the Japanese Garden, and the Sepulveda Basin Dog Park. Combining the serenity of estate living with city convenience, this property is a once-in-a-lifetime opportunity perfect for families, investors, or anyone seeking an extraordinary home in the heart of Lake Balboa.

6900 Chisholm Avenue, Lake Balboa
$1,805,000
8 Beds ⋅ 8 Baths ⋅ SR25269283 MLS ⋅ Closed Status
INCREDIBLE FOUR-PLEX IN PRIME LAKE BALBOA! Four Houses on One Lot with $13,000+ Monthly Rental Income Potential! Welcome to 6933, 6935, 6935 ½ & 6937 Jellico Ave. Whether you are an investor who wants to generate strong cashflow & passive income or you are a first time home buyer looking for space & privacy, this property is the perfect fit for you. Imagine owning a property that can help pay its own mortgage. This Fourplex offers a total of 8 bedrooms and 8 bathrooms with roughly 3553 SqFt of living space, each unit having its own separate entrance and fully gated for maximum privacy. Unit Breakdown: 6935 ½ Jellico (SB9):1287 SqFt, 3 beds & 3 baths, 10ft high ceilings & paid off solar panels. 6935 Jellico (Main House): 940 SqFt, 2 beds & 2 baths. 6937 Jellico (ADU):826 SqFt, 2 beds & 2 baths. 6933 Jellico (Junior ADU): 500 SqFt, 1 bed & 1 bath. This property features brand new plumbing, new electrical, new sewer lines, new HVAC systems, new roof & gutters, smooth stucco, new doors & windows, modern exterior & interior finishes and new landscape & hardscape. All units are also equipped with new fire sprinkler systems. Interiors feature new stainless steel appliances, open floor plans, separate washer & dryer hookups for each unit, separate electric meters and private entrances. Top of the line Navien gas water heaters for Main House & JADU, while the SB9 and ADU are equipped with top tier Rheem electric water heaters. The SB9 and ADU also benefit from both front and rear alley access, adding additional convenience and privacy. This is a rare opportunity to own a newly built four-plex in a desirable neighborhood. Don’t miss your chance to own this exceptional four-plex in one of Lake Balboa’s most sought after pockets!

6935 Jellico Avenue, Lake Balboa
$1,715,000
14 Beds ⋅ 14 Baths ⋅ 26765369 MLS ⋅ Closed Status
We are pleased to present 6860 Woodley Avenue, a seven-unit multifamily property in the Lake Balboa neighborhood of Van Nuys. Built in 1988, the two-story building encompasses 7,830 square feet of rentable space on a 6,999-square-foot lot zoned [Q]R3-1. All seven units are two-bedroom/two-bathroom flats, averaging 1,119 square feet, offering a clean and uniform product type. The property is situated on a quiet residential stretch of Woodley Avenue, approximately one mile south of Van Nuys Airport and within walking distance of Lake Balboa Park.The building's consistent unit mix makes it operationally straightforward, with individually metered gas and electric, no on-site manager requirement, and no pool or common laundry to maintain. As a post-1978 property, 6860 Woodley is exempt from the City of Los Angeles Rent Stabilization Ordinance, subject only to the statewide AB 1482 Tenant Protection Act. This regulatory status gives owners greater flexibility to adjust rents to market levels. Current rents range from $2,067 to $2,150 per month, well below the achievable market range of $2,400 to $2,600 per month for comparable two-bedroom units on the Woodley Avenue corridor.Lake Balboa offers stable renter demand driven by relative affordability compared to more central Valley submarkets. The subject's 18.5% rent upside from current to pro forma income presents a clear value-add opportunity for buyers seeking immediate cash flow improvement without capital renovation. The all-2BR/2BA format attracts a reliable tenant base of working professionals and families, and the 1,119-square-foot unit size is larger than most competing inventory on the corridor. At 100% occupancy with month-to month leases on six of seven units, a new owner can begin implementing rent adjustments immediately upon closing.

6860 Woodley Avenue, Van Nuys
$1,537,000
4 Beds ⋅ 2 Baths ⋅ 26661361 MLS ⋅ Closed Status
Fully remodeled in 2024, this move-in ready 4-bedroom, 2-bath Lake Balboa home offers a rare blend of comfort, style, and everyday function on an impressive 14,000 sq ft lot. Inside, the open layout is anchored by a huge great room that creates an easy, welcoming flow for relaxing, gathering, or working from home. Thoughtful upgrades include smart home features, solar, an electric car charger, and water reclamation features for added efficiency and ease. Outside, the property truly shines with a wide semi-circular driveway with ample off-street parking for all your vehicles, plus a 2-car garage with electric charger, plus RV and boat parking - an exceptional combination rarely found in residential property. The expansive yard offers endless possibilities with mature citrus trees, room for a pool, and ADU potential. Set on a quiet residential street near parks, shopping, dining, and major commuter routes, this home offers space to breathe, room to grow, and the lifestyle today's buyers want.

7911 Paso Robles Avenue, Lake Balboa
$1,480,000
10 Beds ⋅ 12 Baths ⋅ 26711685 MLS ⋅ Closed Status
We are pleased to present 6501 Woodley Avenue, a rare 1993 construction value add 5-unit Investment Opportunity in Lake Balboa, CA. The property is comprised of 6,434 square feet of rentable area with an excellent unit mix of (4) 2 Bed, 2.5 Bath Townhouse units and (1) 2 Bed, 1 Bath Front House. Each unit is equipped with washers and dryers, hardwood floors, spacious layouts, and central heat and air. The townhouse units feature large private balconies and the house features a large private front yard. Built in 1993, the property is not subject to the Los Angeles Rent Stabilization Ordinance, allowing for an investor to increase rents by 5% + CPI annually (8% in 2026), per AB1482.The current rents are strong, averaging $2,189, but have excellent remaining upside of approximately 20%.Situated in the highly desirable Lake Balboa rental submarket, the property benefits from its walking distance to Sepulveda Basin Recreation Area, a 2,000 acre zone featuring several parks, golf courses, indoor & outdoor sports complexes, and community gardens. Located just west of the 405 freeway and just north of the 101 freeway, Lake Balboa is one of the most central neighborhoods in Los Angeles, surrounded by high profile and trendy neighborhoods such as Encino, Sherman Oaks, Tarzana, North Hollywood, Northridge and Studio City.

6501 Woodley Avenue, Van Nuys
$1,475,000
5 Beds ⋅ 6 Baths ⋅ 26674195 MLS ⋅ Closed Status
First time on the market in 57 years, this unique home on an almost 1/2 acre lot is perfect for entertaining and outdoor living. The main house has 4 bedrooms, 3.5 baths, formal dining room, living room, large family room and game room. There is a 2 bedroom 2 bath guest house plus bonus room. There is also a 4-5 car garage, perfect for a car enthusiast or mechanic. The possibilities with this property are endless. Property just had a fire on the second story of the main house. The property will not quality for traditional financing and will be sold in its as-is condition with no credits for repairs.

6956 Wish Avenue, Van Nuys
$1,380,000
4 Beds ⋅ 3 Baths ⋅ SR26022921 MLS ⋅ Closed Status
Absolutely stunning and peaceful home. Pristine Contemporary Mediterranean nestled in a charming Lake Balboa neighborhood. Built in 2015 and upgraded in 2019 and 2021. Newly painted exteriors welcome one into this serene home that is sure to check off all the wants on your list. Meditation yoga room off entry, which can be used an an office or playroom. Formal dining room. Open floor plan with the kitchen of your dreams. Quartz island, counters, backsplash, high end appliances: Bosch microwave drawer, Zephyr wine/beverage cooler, Krauss black titanium no scratch sink & a walk-in pantry. Window above kitchen sink overlooks yard and opens to the vast great room. Great room w/ fireplace, built-ins, drapes, dual pane windows and slider that leads to a generous rear yard with privacy hedges. Downstairs bedroom and full bath. Hardwood floors with wide plank baseboards on the first floor. Upstairs features 3 bedrooms, a laundry room, full bathroom and a huge loft that is being used as a gym but is a great additional flex space for home office, media room, play room etc. Spacious romantic main suite w/ two walk in closets. One closet has been remodeled to perfection, including Gucci wallpaper and floor to ceiling mirror for the ultimate selfie. If you can ever leave closet, there is also a soaking tub and dual sink vanity with custom lighting. Property has tankless water heater and solar for low bills all year. The perfect blend of form and function. Garage has direct access to property. Home is not just a place its a vibe!

17065 Cantlay, Lake Balboa
$1,330,000
4 Beds ⋅ 3 Baths ⋅ SR25242955 MLS ⋅ Closed Status
Just Listed Large Four Bedroom Three Bath Family Home situated on a Huge Lot in Lake Balboa. Open floor plan with Real Hardwood flooring throughout much of the house. Cooks Kitchen with Tile counter tops and a double oven. Enormous Master Bedroom with private entrance and Master Bathroom with Dual Sinks. Full Copper Plumbing, two Central Air Units and Dual Pane Windows throughout. Attached Two car Garage as well as a 1200 sq. ft. Detached Permitted Garage/Shop with separate sub panel and 240v Electrical. Previously Remodeled Main Full Bathroom with Granite counters and Marble tiles. Wood Shutters for window treatments.The Yards features Avocado, Pomegranate and Orange Trees. This is a Rare Opportunity as these large lot houses are becoming more and more scarce. Plenty of Space to add an ADU or Two.

6912 Louise, Lake Balboa
$1,304,850
4 Beds ⋅ 2 Baths ⋅ 26672257 MLS ⋅ Closed Status
6846 Wish Avenue is a 4-bedroom, 2-bathroom home offering 1,946sq.ft. of living space, set on an expansive 19,629sq.ft. lot in a well-established Van Nuys neighborhood. The property features a traditional single-story floorplan with a front living room anchored by a fireplace, along with a kitchen and dining area that connect out toward the backyard. The home offers an opportunity to bring it back to life with some updating and TLC, featuring a practical layout with defined spaces and good separation between the living areas and bedrooms. The property has a front-facing garage and circular driveway, along with a detached garage positioned toward the rear of the lot. The size and configuration of the lot, along with the space between the main house and front garage, allow for a variety of possibilities including exploring expansion, reworking the outdoor space, or the addition of an ADU. Convenient access to nearby shopping, dining, and major commuter routes. This is a Trust Sale, no court confirmation required.

6846 Wish Avenue, Van Nuys
$1,295,000
5 Beds ⋅ 4 Baths ⋅ SR26107134 MLS ⋅ Closed Status
Lake Balboa! Extremely rare opportunity to acquire two homes on one lot in one of Lake Balboa’s leafiest, most-prime areas. The best of both worlds is offered with one house being a restored and remodeled classic three bed, two bath gem while the second house is all-new, providing contemporary styling with two bedrooms - each with en-suite baths. Each house faces a different street and has its own separate access, address, private yard and in-home laundry. Both have new roofs, plumbing, electrical panels, kitchens, appliances and bathrooms. Both homes have been professionally decorated with wood floors, dual-glazed windows, Walker Zanger tile, French doors and thoughtful touches throughout. There is no other property like this on the market, let alone in this price class. Great for extended families, home-based businesses or live in one and rent the other. This property offers flexibility, style and affordability all in one great, leafy package!

6525 Ruffner Avenue, Lake Balboa
$1,290,000
4 Beds ⋅ 3 Baths ⋅ 25618647 MLS ⋅ Closed Status
Welcome to your California oasis -- a single-story ranch home on an expansive 16,000 sq ft lot where everyday living feels like a retreat. Private, sun-drenched, and surrounded by lush greenery, this 4 BD + 3 BA property blends comfort, versatility, and the kind of indoor-outdoor flow that defines life here. A thoughtful, permitted addition connects and functions like a second primary suite -- complete with its own entrance and kitchenette (refrigerator + sink + capped gas line). The Sellers have lived in this property as one house, but it could function as a 3+2 house and a 1+1 ADU. Ideal for multigenerational living, guests, or a luxurious primary retreat separate from the main sleeping wing. Two true primary-style suites give you the flexibility to choose how you want to live. Inside, the open-concept kitchen and dining area is perfect for gathering, while dual-sink vanities in two bathrooms and a warm, intuitive layout make daily living feel effortless. Dual-zone HVAC and both tankless + standard water heaters offer efficiency and comfort throughout the home. Outdoors, the property flourishes with mature avocado, fig, and multiple citrus trees plus tropical flowering plants -- a lush backdrop for relaxation. The large 10' x 20' storage structure provides excellent space for tools, toys, or hobbies, and there's a two-car garage, parking for up to 10 cars -- including room for an RV. Spend sunny days by the sparkling saltwater pool + spa, gather under the covered patio, and imagine the pool house transformed into a studio, gym, or creative space. Recently re-roofed, this 1948 home is a rare combination of space, possibility, and classic California ease -- ready for its next chapter.

16822 Valerio Street, Lake Balboa
$1,272,000
8 Beds ⋅ 5 Baths ⋅ 26830925 MLS ⋅ Closed 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
$1,270,000
4 Beds ⋅ 4 Baths ⋅ 26653283 MLS ⋅ Closed Status
Thoughtfully upgraded and move-in ready, this Lake Balboa corner-lot home + ADU (4 bed + 4 bath in total) offers flexible living and effortless indoor-outdoor flow. The main residence (approx 1,609 sq/ft) features 3 bedrooms and 2.5 baths, beginning with a defined entry that opens to a bright, open-concept. The dining space is subtly separated, with the kitchen serving as the central hub, creating distinct zones while maintaining a connected feel. The two secondary bedrooms flank the full bath and laundry, while the primary suite sits privately two steps down to the rear of the home with an ensuite bath, walk-in closet, built in wardrobe and sliding doors to a pergola-covered, poolside patio. Improvements inside and out reflect care and intention, resulting in a clean, modern aesthetic that remains warm and livable. The private backyard retreat includes a pool, multiple entertaining areas, a built-in chef's station with Blackstone cooktop & gas grill, and two grassy areas, one boasting a fire pit. At the rear and side of the lot are two storage/workshop spaces, one open style and the other more sizable and enclosed with a sliding barn door. Lastly, the detached 1-bedroom ADU (approx 300 sq/ft) styles both modern kitchen and 3/4 bath, offering excellent versatility for guests, extended family, or potential income and includes its own outdoor deck area, with the potential to reconfigure a private entrance. All set on a generously sized lot with mature landscaping, pool, decks, & - patios with truly thoughtful separations of spaces - this home delivers privacy, comfort, and versatility in a desirable Lake Balboa setting.

7455 Gaynor Avenue, Lake Balboa
$1,250,000
5 Beds ⋅ 4 Baths ⋅ 25615379 MLS ⋅ Closed Status
Welcome to 17443 Valerio Street, offering two fully detached homes on one lot. This thoughtfully designed property is ideal for investors, multi-generational living, or owner-users looking to offset their mortgage with rental income. The front home is a spacious 3-bedroom, 2-bathroom single-story residence with 1,497 square feet of living space. It features an open-concept layout, abundant natural light, and a beautifully crafted custom kitchen with one-of-a-kind finishes that set it apart from typical new builds. The attention to detail and modern design throughout give the home both warmth and sophistication.The rear unit is a fully detached, two-story 2-bedroom, 2-bathroom ADU totaling 1,036 square feet. With its own private entrance, this unit offers excellent separation of space, making it ideal for extended family, guests, or rental income. Like the main home, it also features stylish, high-quality finishes and a modern layout. Additional features across both homes include central HVAC, recessed lighting, energy-efficient windows, and dedicated outdoor areas.Located on a quiet residential street in Lake Balboa, this property is close to parks, schools, shopping, and major freeways. 17443 Valerio Street presents a rare opportunity to own two brand-new homes with distinctive design and strong income potential in one of the Valley's most desirable neighborhoods.

17443 Valerio Street, Van Nuys
$1,250,000
3 Beds ⋅ 2 Baths ⋅ 25583921 MLS ⋅ Closed Status
Over Half an Acre in Lake Balboa: Car Lovers, Creatives, Gardeners, and Dreamers are Welcome! You'll fall in love with this private oasis in peaceful Lake Balboa! Set on a rare 23,370 sq ft lot, this gated compound offers exceptional privacy and endless possibilities. The 3-bedroom, 2-bath home is anchored by a spacious great room with vaulted ceilings and skylights, filling the living and dining areas with natural light and warmth. While very livable, the home could benefit from some updating -- a wonderful opportunity to add value and make it your own. A true highlight is the detached 3-car garage connected to an oversized bonus space. Perfect for car aficionados, hobbyists, or creatives, it provides incredible space for a workshop, studio, or the build-out of a guesthouse or ADU -- ideal for multigenerational living or storage. Outdoors, the property continues to impress with a sparkling 14' x 40' pool, an incredible amount of succulents, native plants, trees, and generous gated parking for several vehicles and plenty of play spaces. This rare Lake Balboa gem offers the space, flexibility, and lifestyle you've been waiting for, whether your dream is to restore, expand, or create your own private compound. Property sold AS-IS. Bring your vision. Bring your entire family.

7225 Forbes Avenue, Lake Balboa
$1,205,000
5 Beds ⋅ 3 Baths ⋅ SR26120610 MLS ⋅ Closed Status
Completely reimagined with luxury, comfort, and functionality in mind, this exceptional Lake Balboa Home offers 5 bedrooms, 3 bathrooms, and approximately 2,280 square feet of thoughtfully designed living space. From the moment you step inside, you'll appreciate the designer finishes, quality craftsmanship, and inviting atmosphere that make this home truly stand out. At the heart of the home, the beautifully appointed kitchen blends luxury finishes with intentional design, creating the perfect space for everyday living and entertaining alike. Whether you're hosting holiday gatherings, enjoying cozy evenings by the fireplace, or spending summer afternoons in the backyard with family and friends, this home was designed to bring people together. The versatile floor plan offers a downstairs bedroom and full bathroom, providing endless possibilities for a home office, gym, playroom, guest suite, or multigenerational living. Upstairs, you'll find four spacious bedrooms, including a stunning primary retreat complete with a spa-inspired bathroom featuring an oversized shower, freestanding soaking tub, and a peaceful atmosphere designed for relaxation. While the beauty of this home is undeniable, its value goes far beyond the finishes. Extensive upgrades include updated plumbing, electrical, HVAC, solar panels, new appliances, and so much more, offering peace of mind for years to come.

6646 Petit Avenue, Lake Balboa
$1,172,790
3 Beds ⋅ 2 Baths ⋅ 26760721 MLS ⋅ Closed Status
This property truly offers the best of both worlds: a peaceful setting on a tree-lined street in a quiet pocket of Lake Balboa, paired with a home that immediately feels special. Natural light pours through the open living spaces, creating a bright, uplifting atmosphere and a warmth that is increasingly hard to find. It is the kind of place that calms your heart. The main residence offers 3 bedrooms and 2 bathrooms, all thoughtfully laid out on a single story, along with the rare added flexibility of a separate detached studio and detached 2 car garage. The expansive open floor plan is a standout feature, with a generous kitchen island and breakfast bar seating more commonly found in newer construction, making the home feel both current and inviting. Beautifully refinished hardwood floors, recessed lighting, and thoughtfully updated bathrooms elevate the living experience, while the primary suite offers a true sense of retreat. Its remodeled bath with dual vanities is beautifully appointed, and the oversized walk-in closet with built-ins is the kind of feature buyers instantly fall in love with. The kitchen is equally impressive, complete with stainless steel appliances, wood cabinetry, and granite countertops designed for both everyday living and memorable gatherings. Beyond the interior, the home continues to deliver a feeling of comfort, privacy, and possibility. Solar for electricity, in-unit laundry with upscale washer and dryer units, a covered patio, and a secluded backyard with a heated pool and spa all come together to create a property that supports both relaxation and entertaining. Whether hosting friends, enjoying a quiet evening outside, or simply living day to day, this home offers the kind of warmth and versatility that is hard to find. Set in one of Lake Balboa's most sought-after neighborhoods, the location is just minutes from Lake Balboa Park and its bike path, multiple golf courses, shops, restaurants, and convenient access to the 101 and 405 freeways. Rarely does a property combine this much light, function, flexibility, and feeling in one offering.

17345 Hamlin Street, Lake Balboa
$1,170,000
3 Beds ⋅ 2 Baths ⋅ 26662017 MLS ⋅ Closed Status
Welcome to a beautifully reimagined retreat in the heart of the Lake Balboa, located at 17643 Haynes Street where thoughtful design, effortless flow, and radiant natural light come together to create a home that truly elevates everyday living.This 3-bedroom, 2-bathroom residence was designed with connection and comfort in mind. The open-concept layout unfolds seamlessly, allowing the living, dining, and kitchen spaces to breathe and interact in perfect harmony. Expansive windows invite impeccable natural light to pour through the home, creating a warm, uplifting atmosphere and the perfect setting to start your mornings with coffee and calm before the day begins.Every detail has been curated to feel both elevated and inviting an ideal backdrop for intimate dinners, lively gatherings, or quiet evenings at home. The design celebrates simplicity, light, and livability, offering a space that feels both modern and timeless. Set so centrally located you're just moments from some of the area's most loved destinations from Ventura Blvd Encino Commons with hot spots like " The Spot" and " More then Waffles" or Enjoy a morning stroll through the peaceful grounds of The Japanese Garden, spend a sunny afternoon at Lake Balboa Park, or meet friends for coffee at the ever-popular Black Heart Coffee. Dining favorites like Casita Taco Al Carbon are also nearby, making it easy to enjoy some of the Valley's most beloved local spots. This is more than just a home it's an invitation to experience light, space, and lifestyle in one of the Valley's most accessible and vibrant neighborhoods.

17643 Haynes Street, Lake Balboa
$1,169,000
3 Beds ⋅ 2 Baths ⋅ SR26071152 MLS ⋅ Closed Status
Step inside and you’re immediately welcomed by a bright open floor plan that creates a seamless flow between the living and dining spaces. Just ahead, the kitchen serves as the centerpiece of the home, featuring a chef’s layout with a five burner oven, built-in microwave, wine cooler, and a spacious walk-in pantry—perfect for both everyday living and entertaining. Continuing through the home, you’ll find a fully renovated bathroom designed with a clean, modern feel and a walk-in shower. The home also features a massive in-suite primary bedroom complete with a large walk-in closet and a private bathroom offering a ceramic tiled walk-in shower and dual sink vanity, providing both comfort and functionality. Back through the main living area, a stunning 10-foot sliding glass door opens up to the backyard, creating an effortless indoor-outdoor connection. Step outside to a fully redesigned yard finished with decomposed granite and bark, offering a low-maintenance, modern space ready for your personal touch. Vinyl fencing surrounds the backyard and side yard for added privacy. The front yard features new lush landscaping with automatic sprinklers. Throughout the home, you’ll appreciate the extensive upgrades including central heating and air, new luxury vinyl flooring, a tiled fireplace, new interior and exterior doors, new recessed lighting throughout, all new windows throughout. Major system improvements include all new complete electrical wiring, a new 200 amp electrical panel, all new plumbing throughout, and a new tankless water heater—providing peace of mind for years to come. The direct-access garage offers excellent versatility and could easily function as a home gym, office or game room. It features a new garage door and automatic opener, completely drywalled, and includes insulated ceilings, along with convenient access to laundry hookups. The garage also features a Nema 14-50 EV charging receptacle for your electric car needs. Additional improvements include a brand-new cement driveway, enhancing both curb appeal and functionality. Located in a friendly neighborhood with close proximity to Lake Balboa Recreation Area, the Orange Line, the 101 and 405 freeways, Trader Joes and Ventura Blvd. This move-in-ready home blends modern upgrades with everyday convenience.

6902 Lasaine Avenue, Lake Balboa
$1,157,000
3 Beds ⋅ 2 Baths ⋅ 26639073 MLS ⋅ Closed Status
Modern Outback Ranch in the heart of Lake Balboa. A thoughtful, comprehensive renovation that starts with smart functionality and layers on warmth, character, and design. This three-bedroom home includes a bonus media space and two full baths, anchored by expansive open living areas with high ceilings, smooth-coat walls, gallery-style recessed lighting, and French doors that open to the deck and backyard. Natural light pours in, creating an effortless indoor/outdoor flow that defines Southern California living. The entertainer's kitchen is a standout, featuring a large storage-rich island, a 36" industrial gas range with statement hood, custom pale oak cabinetry, open shelving, and beautiful rustic tile that brings texture and depth. The primary retreat impresses in both scale and comfort, with vaulted beamed ceilings, fireplace, and a spa-like en suite bath offering a dual vanity and oversized walk-in shower. The suite also opens directly to the rear entertaining areas, creating a rare wraparound flow for the neighborhood and price point. The converted garage (not included in the square footage) provides flexible additional living space ideal for a home office, media room, or creative studio. Outback-inspired landscape completes the experience, blending drought-tolerant Australian natives, olive trees, and a clean modern look. A grassy yard area offers space for play and pets. Lake Balboa's growing popularity comes as no surprise, with its generous lot sizes, quiet streets, proximity to major parks and recreation, and easy access to the Westside making it a neighborhood well-positioned for both lifestyle and long-term growth.

17600 Runnymede Street, Van Nuys
$1,150,000
4 Beds ⋅ 2 Baths ⋅ SR25249293 MLS ⋅ Closed Status
A beautifully reimagined blend of modern design and classic ranch charm, this fully remodeled 4-bedroom, 2-bathroom home is located in a quiet, tree-lined pocket of Lake Balboa. Originally built in 1956 and thoughtfully transformed, the home now offers a bright, open layout with stylish finishes and a seamless indoor-outdoor flow. The spacious living room is anchored by a sleek double-sided fireplace and opens to the dining area and a newly updated kitchen featuring custom cabinetry, quartz countertops, and stainless steel appliances. French doors lead to a generous covered patio and expansive grassy yard—perfect for entertaining or relaxing in the California sun. The versatile floor plan includes a dedicated den or flex space with built-ins, and the expanded 2-car garage, once used as an artist’s studio, offers incredible natural light with its north-facing skylights—ideal for creative work, a gym, or ADU potential. Set on a generous lot in a sought-after neighborhood close to parks, schools, and freeways, this home is the perfect balance of style, function, and location.

7018 Aldea Avenue, Lake Balboa
$1,135,000
4 Beds ⋅ 2 Baths ⋅ 26671379 MLS ⋅ Closed Status
First time on the market in 62 years. This great home located on a quiet, Cul de Sac street in the heart of Lake Balboa area of the San Fernando valley, has been lovingly remodeled. This wonderful home offers 4 bedrooms ,2 baths, within an open living space of 2000 sq. ft. some of the upgrades offered are new dual paned Anderson windows throughout, new flooring, recessed lighting, fresh paint, new roof, new driveway, and new landscaping and much more. This home is centrally located with everything The Valley has to offer. Don't mis this lovingly updated home.

6723 Bianca Avenue, Lake Balboa
$1,130,000
3 Beds ⋅ 3 Baths ⋅ 26641023 MLS ⋅ Closed Status
Welcome to this Completely Remodeled Chic House in the Heart of Lake Balboa. Completely Remodeled and Open Floor Plan. Beautiful Kitchen with Designer Tiles, Large Island and Built in Cabinets. Kitchen leads to Family Room and Dining Room with Floor to Ceiling Sliding Glass Doors. Easy to Entertain Inside and Outside. Two Bedrooms with Full Bathroom and Completely Separate Primary Suite with Walk In Closet and Floor to Ceiling Sliding Glass Doors leading to the Backyard. Large Backyard with above Ground Spa, Firepit, Gazebo, and BBQ. Backyard of your dreams, Great for kids, dogs, Parties, Dinner Parties, and and Easy Indoor/Outdoor lifestyle. Turf in Back, easy to maintain, One Car attached Garage can be converted to JADU. This is a Wonderful House in a Great Neighborhood.

17460 Cohasset Street, Van Nuys
$1,100,000
4 Beds ⋅ 3 Baths ⋅ SR26115420 MLS ⋅ Closed Status
Welcome to 6834 Shoshone Ave, a 1,736 sq. ft. Lake Balboa home with 440 sq. ft. guest house AND 2-car garage. This home checks every box! Set on a gated large lot, this beautifully updated home blends mid-century character with modern upgrades, featuring vaulted wood ceilings, an open-concept floorplan, and a spacious open kitchen designed for entertaining. The inviting step-down den showcases a striking stone fireplace, creating a cozy second living space, while the primary suite offers a cedar walk-in closet, and an upgraded en suite bathroom with a glass-enclosed shower. The backyard provides plenty of space to relax, play, and enjoy the California sunshine. Adding even more versatility, the newly renovated detached 1-bedroom guest house is ideal for extended family, guests, a home office, or rental income potential. Additional highlights include paid-off solar panels, a new roof, and new HVAC ducting. Conveniently located near Lake Balboa Park and the Sepulveda Basin — future site of several LA2028 Olympic events — and just minutes from Ventura Blvd shops and restaurants, with easy access to the 101, 405, and 118 freeways.

6834 Shoshone, Lake Balboa
$1,100,000
3 Beds ⋅ 2 Baths ⋅ 226000850 MLS ⋅ Closed Status
Unlock the potential of this rare Lake Balboa opportunity. An expansive corner 14,000 square foot lot, this estate set behind private gates, offers exceptional space, privacy, and promise. This original home is ready for a visionary makeover, making it ideal for investors, builders, or buyers eager to create their own dream residence.Sitting on a generous parcel, the property features a grand circular driveway that provides impressive curb presence and ample parking. The backyard offers a true California lifestyle setting with a large kidney shaped pool and plenty of room to reimagine outdoor living, entertaining, or future expansion. Inside, the home awaits renovation and creative transformation. Whether you're looking to restore its original charm or design a modern showplace, the footprint and lot size give you the freedom to bring your vision to life. A rare chance to craft something extraordinary in one of Lake Balboa's most desirable pockets--this is the project you've been waiting for. Possible ADU potential may be feasible within the boundaries of this expansive location.

15902 Gault 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.