Lake Balboa (LKBL) Homes under $1.25 million

Lake Balboa (LKBL) Homes under $1.25 million

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Lake Balboa (LKBL) and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

Newest Lake Balboa (LKBL) Homes under $1.25 million

8002 Aldea Avenue, Lake Balboa
$879,000
3 Beds ⋅ 3 Baths ⋅ SR26212363 MLS
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

Listing courtesy of Listing Agent: Arthur Aslanian (arthur4realestate@gmail.com) from Listing Office: Equity Union.

17417 Sherman Way, Lake Balboa
$779,777
3 Beds ⋅ 2 Baths ⋅ SR26209521 MLS
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

Listing courtesy of Listing Agent: Angel Nova (angel@novasrealty.com) from Listing Office: LPT Realty, Inc.

6840 Balboa Boulevard Unit 507, Los Angeles
$535,000
2 Beds ⋅ 3 Baths ⋅ 26990389 MLS
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

Listing courtesy of Listing Agent: Matt Roth (MattRoth@MattRothEstates.com) from Listing Office: MATT ROTH.

16750 Valerio Street, Lake Balboa
$1,025,000
3 Beds ⋅ 2 Baths ⋅ 26989051 MLS
Welcome to The Valerio House. Set on a cul-de-sac in Lake Balboa, this warm, character-filled home offers nearly 2,000 square feet, with 3 bedrooms, 2 baths and a generously sized den/office that could serve as a 4th bedroom. There's an easy circular flow between the living room, dining area, and eat-in kitchen. It's the kind of floor plan that just makes sense. And then there are the details that give the house its personality: a gorgeous travertine entry, rich Brazilian chestnut hardwood floors, and a striking, dimensional original Palos Verdes stone fireplace that anchors the living room. :: The eat-in kitchen features newer cabinetry and stainless-steel appliances, with a separate dining area overlooking the yard. The spacious primary bedroom has a walk-in closet, while both bathrooms were recently refreshed with new vanities, countertops, sinks, fixtures, and shower doors. Fresh interior paint in many areas gives the home a crisp, updated feel. :: There's plenty of substance here, too: dual-pane windows, copper plumbing, an updated electrical panel, bolted foundation, EV charger, and a 25-panel solar system. Even the two-car garage connects directly to the house; a small detail that makes a big difference day-to-day. :: Out back is where things get even more magical. Mature trees and layers of established greenery surround the fully gated yard, creating a private, tucked-away setting that feels worlds away. There's an orange tree, plenty of room to gather, and a covered patio made for long meals with friends and lingering outside well into the evening. It's the kind of backyard that invites you to slow down and stay awhile. :: The Valerio House has been thoughtfully cared for and improved over the years, while holding onto the character that makes it feel like home. Comfortable, flexible, and unmistakably Southern California, it's ready for its next chapter.

16750 Valerio Street, Lake Balboa

Listing courtesy of Listing Agent: Allison Gold (allison@allisongold.com) from Listing Office: Equity Union.

7100 Balboa Boulevard Unit 807, Lake Balboa
$699,999
3 Beds ⋅ 3 Baths ⋅ SR26201395 MLS
Welcome to this beautifully remodeled 3-bedroom, 2.5-bathroom tri-level townhouse, ideally situated toward the back of a gated community for added privacy and a peaceful setting. Thoughtfully updated throughout, this move-in-ready home offers modern finishes, abundant natural light, and a spacious, functional floor plan. The inviting living room features a cozy fireplace, while the formal dining area showcases custom built-in cabinetry, creating an elegant space for entertaining. The gourmet kitchen has been tastefully remodeled with modern cabinetry, stainless steel appliances, and stylish contemporary finishes. An adjacent balcony provides the perfect spot for morning coffee or enjoying the fresh air. Upstairs, the spacious primary suite features high ceilings, generous closet space, and a beautifully appointed ensuite bathroom with an oversized vanity, a separate shower, and soaking tub. Two additional bedrooms provide flexibility for family, guests, or a home office. Convenient interior laundry is located on the top level. Additional highlights include a private front patio, attached 2-car garage, and plenty of storage. Residents enjoy access to the community pool, perfect for relaxing and entertaining. Ideally positioned within the complex, this exceptional townhouse combines comfort, style, privacy, and convenience. Just unpack and move right in!

7100 Balboa Boulevard Unit 807, Lake Balboa

Listing courtesy of Listing Agent: Michael Preis (mp@maxoneproperties.com) from Listing Office: RE/MAX One.

17200 Lanark Street, Lake Balboa
$1,029,000
3 Beds ⋅ 2 Baths ⋅ SR26196507 MLS
Welcome to this meticulously reimagined Lake Balboa home, privately set on a quiet street and thoughtfully redesigned to blend clean modern finishes with a warm, inviting feel, creating an elevated living experience in one of the area's most coveted pockets. Inside, an abundance of natural light amplifies the openness of the space, while expansive windows and sliding glass doors fill the home with a bright, airy ambiance. The open-concept layout seamlessly connects the kitchen with the living and dining areas, creating an ideal setting for entertaining and everyday living. The comfortable primary suite offers a peaceful retreat with its own en-suite bathroom featuring a walk-in shower and elegant vanity, while two additional generously sized bedrooms provide flexibility for guests, family, or a home office. The expansive backyard serves as a private oasis, featuring a sprawling lawn and spacious patio perfect for outdoor dining, relaxing, or entertaining, all surrounded by lush landscaping that extends to the manicured front yard, where curated greenery and an extended driveway enhance the home's exceptional curb appeal. The detached garage presents an outstanding opportunity for a future ADU, home office, gym, or studio, adding both versatility and long-term value. Set in one of Lake Balboa's most desirable neighborhoods, this home delivers a refined blend of comfort, style, and modern living.

17200 Lanark Street, Lake Balboa

Listing courtesy of Listing Agent: Daniel Ohana (daniel.ohana@yahoo.com) from Listing Office: The Agency.

6459 Aldea Avenue, Lake Balboa
$925,000
3 Beds ⋅ 2 Baths ⋅ SR26192956 MLS
BOM no fault to seller! Over $75,000 in recent updates. This is NOT a Flip. True pride of ownership. The pool home everyone waits for in Lake Balboa. A newly refinished saltwater pool. On a tree lined street in Lake Balboa, where pool homes come up a few times a year and turnkey ones almost never. This is the one you don't have to fix. You just move in. The big things are already handled. Brand new roof. Fresh paint inside and out. New laminate flooring throughout. Updated dual pane windows with plantation shutters, recessed lighting, and ceiling fans in every room to keep the house comfortable through the hottest Valley afternoons. The expensive work is done. The cosmetic work is done. You get the keys and start living. The oversized galley kitchen was designed by a chef, and you can see it in the layout. Long stretches of white quartz counters give you serious prep space, while abundant white shaker cabinetry with soft close doors keeps everything within reach. An oversized stainless steel farmhouse sink sits beneath a bay window overlooking the backyard and pool, so you can keep an eye on the kids while dinner comes together. A pot filler over the stove, stainless appliances, and a built in wine fridge round it out. There's room to prep, cook, serve, and actually store everything a real kitchen needs. This isn't a kitchen designed just to look good in photos. It was built to be cooked in, every single day. Out back, the yard is private, low maintenance, and built around the pool. Fresh turf gives kids and pets room to run without a lawn to mow. Mature lemon and mandarin trees add color, shade, and a little California to the landscape. And the pool has been completely refreshed with new tile, new coping, Pebble Tec, and a saltwater system that's easy on skin and easy to maintain. Morning coffee by the water. Kids in the pool all afternoon. Dinner on the patio. Friends over on a Saturday night. This backyard doesn't just come with the house. It changes how you live in it. Even the garage gives you more. Already finished with drywall, it's ready to become a home office, gym, studio, or flex space the day you move in, with a pull down attic ladder above for the kind of extra storage that's hard to find. And when you do leave, you're minutes from Lake Balboa Park, the Sepulveda Basin off leash dog park, and the Sunday Encino Farmers Market, with shopping, dining, and freeway access all close by. Come see it before it's gone.

6459 Aldea Avenue, Lake Balboa

Listing courtesy of Listing Agent: Seann Brown (seann@seannhomes.com) from Listing Office: Park Regency Realty.

Start Your Search

Information Deemed Reliable But Not Guaranteed. © 2026 CARETS ®

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.