Lake Balboa (LKBL) Homes with City Lights View

Welcome to Lake Balboa, a hidden gem nestled in the heart of Van Nuys, California! This charming neighborhood offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike. With its lush parks, picturesque lakes, and vibrant community atmosphere, Lake Balboa is truly a slice of paradise in Los Angeles County.

One of the standout features of this area is its stunning homes that boast breathtaking city lights views. Imagine winding down after a long day with a glass of wine on your balcony, gazing at the twinkling skyline of Los Angeles as the sun sets. Many properties in Lake Balboa are designed to maximize these spectacular vistas, providing an enchanting backdrop for your everyday life.

The neighborhood is well-equipped with amenities, including shopping centers, restaurants, and recreational facilities, ensuring that everything you need is just a stone's throw away. Additionally, Lake Balboa is home to several parks, including the expansive Lake Balboa Park, which offers walking trails, picnic areas, and even a beautiful lake for fishing and paddle boating.

With its friendly community vibe and convenient access to major freeways, Lake Balboa is an excellent choice for those looking to enjoy the best of both worlds. Whether you’re searching for a cozy family home or a modern retreat with mesmerizing city views, Lake Balboa has something to offer everyone. Come and discover your dream home in this enchanting neighborhood!

Newest Lake Balboa (LKBL) Homes with City Lights View

$875,000

3 Beds ⋅ 2 Baths ⋅ SR26045789 MLS

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

Listing courtesy of Listing Agent: Lilith Berko (lilitberko@gmail.com) from Listing Office: JohnHart Real Estate.

$2,495,000

SR23163447 MLS

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

Listing courtesy of Listing Agent: Bijan Kamrava (bijan@kamrava.com) from Listing Office: Bijan Team Realty.

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.