Lake Balboa (LKBL) Homes with Three Or More Levels Stories

Nestled in the heart of the San Fernando Valley, Lake Balboa (LKBL) is a charming community in Los Angeles, California, that perfectly blends suburban tranquility with urban convenience. This picturesque neighborhood is renowned for its expansive parks, including the stunning Lake Balboa Park, which features a serene lake, walking trails, and picnic areas that invite residents to enjoy the great outdoors. The community is also home to a variety of shops, restaurants, and schools, making it an ideal place for families and individuals alike.

One of the unique aspects of Lake Balboa is its diverse real estate market, particularly the availability of homes with three or more levels. These multi-story residences offer an abundance of space and versatility, making them perfect for growing families, professionals seeking home offices, or anyone looking to enjoy the luxury of additional living areas. The architectural styles range from contemporary designs to classic California aesthetics, providing a variety of options for discerning buyers.

Living in Lake Balboa means you’re just a short drive away from the bustling energy of downtown Los Angeles while still being able to retreat to your peaceful haven at the end of the day. The neighborhood’s friendly atmosphere, coupled with its rich array of amenities, makes it an attractive choice for those seeking a balanced lifestyle. Whether you're drawn to the allure of multi-level homes or the vibrant community spirit, Lake Balboa is a hidden gem waiting to be discovered. Embrace the opportunity to call this delightful neighborhood home!

Newest Lake Balboa (LKBL) Homes with Three Or More Levels Stories

$650,000

2 Beds ⋅ 3 Baths ⋅ CV26150492 MLS ⋅ Active Status

More photos coming soon—but don’t wait to see this beautifully updated townhouse! Featuring a custom-remodeled kitchen with a spacious pantry, this home offers both style and functionality. Enjoy a two-car attached garage, a private fenced front patio, and a balcony just off the kitchen, perfect for morning coffee or outdoor dining. The inviting living room includes a cozy fireplace, while the generously sized bedrooms provide comfort and flexibility. Located in a well-maintained gated community with a sparkling pool and relaxing spa, this home is ideally situated in the desirable Lake Balboa area, just moments from beautiful parks, walking paths, shopping, dining, and everyday conveniences. A wonderful opportunity to enjoy comfortable living in a prime location!

7100 Balboa Boulevard Unit 702, Lake Balboa

$429,000

2 Beds ⋅ 3 Baths ⋅ SR26016889 MLS ⋅ Active Status

Welcome to 7045 Woodley Ave, Unit 124 — a rare Lake Balboa offering featuring two en-suite bedrooms, each with its own full bathroom, plus a convenient half bath on the main living level. This thoughtfully designed tri-level townhome offers over 1,000 square feet of flexible living space. One of only a limited number of units in the community with direct-access garage entry, this home includes a 2-car attached garage with a bonus storage room. The community is currently undergoing extensive upgrades, including improvements to the garage, balconies, pool/spa, exterior, common areas, and roof. Amenities include a pool and sauna. Priced within a value range of $399,000–$469,000, this property presents a unique opportunity. Seller may offer flexible options regarding the existing HOA special assessment, depending on the terms of the offer. Centrally located near the 405 freeway with convenient access to shopping, dining, and recreation. Buyer to independently verify all information.

7045 Woodley Avenue Unit 124, 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.