Lake Balboa Homes with City Lights View

Welcome to Lake Balboa, a hidden gem nestled in the heart of the San Fernando Valley in Los Angeles County, California. This charming neighborhood is renowned for its serene atmosphere, picturesque parks, and vibrant community spirit. With tree-lined streets and a friendly vibe, Lake Balboa offers a perfect blend of suburban tranquility and urban accessibility, making it an ideal place to call home.

One of the standout features of Lake Balboa is the stunning array of homes that boast breathtaking city lights views. Imagine unwinding in your backyard as the sun sets, painting the sky with hues of orange and pink, only to be replaced by the twinkling lights of the city below. These properties provide not just a home, but a lifestyle, where every evening can be a picturesque retreat.

The area is also home to several parks, including the expansive Lake Balboa Park, which features a beautiful lake, walking trails, and picnic areas. It’s a perfect spot for outdoor enthusiasts and families alike. Additionally, residents enjoy convenient access to shopping, dining, and entertainment, with the bustling city of Los Angeles just a short drive away.

Whether you’re looking for a cozy family home or a modern retreat with captivating views, Lake Balboa has something for everyone. Discover the charm of this vibrant community and explore the homes that offer not just a place to live, but a stunning backdrop of city lights that will illuminate your life. Welcome to Lake Balboa, where your dream home awaits!

Newest Lake Balboa Homes with City Lights View

$875,000

3 Beds ⋅ 2 Baths ⋅ SR26045789 MLS ⋅ Active Under Contract Status

Welcome to 6820 Jellico Avenue. Situated on a large lot in the highly sought-after Lake Balboa area, this property offers both comfort today and exciting possibilities for the future. The home has undergone extensive upgrades, including new electrical wiring with a 200-amp panel, a new sewer line, a new main water line, and fully updated plumbing for both supply and drainage systems. A new 3-ton HVAC system with heat pump and a tankless water heater ensure year-round comfort and improved energy efficiency. The kitchen is a true centerpiece, featuring custom wood cabinetry, quartz countertops, brand-new stainless steel smart appliances, and LED dimmable recessed lighting that creates a warm and inviting atmosphere. The living area is enhanced by a decorative wood-burning fireplace, while a Nest smart thermostat provides modern climate control. For electric vehicle owners, a 220V EV charging outlet is already installed. Adding tremendous value and future potential, the property includes paid permits for an 800 sq. ft., 2-bedroom, 2-bathroom ADU, making it shovel-ready for construction. The fully finished detached garage also presents an excellent opportunity for potential conversion into an additional dwelling. With the existing home, the approved ADU, and the potential garage conversion, the property offers the possibility to become a three-unit compound - ideal for generating rental income to help offset the mortgage or creating a comfortable multi-generational living environment. Combining modern upgrades, generous lot size, and outstanding development potential, this home represents a rare opportunity in one of Lake Balboa's most desirable neighborhoods.

6820 Jellico Avenue, 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.