$1,499,000
17419 Cohasset
Lake Balboa, CA
3bed2bath1,793sqft
Lake Balboa Real Estate
Browse homes for sale in Lake Balboa • Median $1,078,500
$1,078,500Median Price
30Avg Days on Market
18Detached2Townhouse2Res Income 2-4 Units1Condo1Attached
Homes for Sale in Lake Balboa
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About Lake Balboa Real Estate
Lake Balboa, located in the San Fernando Valley region of Los Angeles, is a hidden gem known for its serene atmosphere and lush green spaces. Originally developed in the 1940s, the area features a mix of residential homes, parks, and waterways, with the prominent Lake Balboa Park at its heart. This park is a popular spot for locals, offering scenic picnic areas, walking trails, and fishing opportunities, making it a perfect retreat from the urban hustle. The character of Lake Balboa is defined by its diverse architecture, including charming mid-century homes and contemporary designs that attract a wide array of buyers.
What makes Lake Balboa unique is its blend of suburban tranquility and urban convenience. Nestled between the bustling communities of Van Nuys and Encino, residents enjoy easy access to major freeways and public transport, allowing for straightforward commutes to various parts of Los Angeles. The community is enriched by a mix of cultures that create a vibrant atmosphere, with various local eateries and shops that reflect the diversity of its residents. The local schools are well-regarded, appealing to families looking for quality education options.
With active listings currently at 21 and a median listing price of $584,000, Lake Balboa presents an attractive opportunity for home buyers. The property mix includes a variety of homes, from detached single-family residences to townhouses and income properties, catering to different lifestyles and preferences. The average days on the market is 58, indicating a relatively steady demand in this charming neighborhood. This blend of affordability, community spirit, and accessibility makes Lake Balboa a desirable location for potential homeowners and investors alike.
21 active listings with a median price of $584,000.
Lifestyle & Community
Living in Lake Balboa offers a relaxed, family-friendly vibe where community matters. Residents often engage in outdoor activities at the expansive Lake Balboa Park, where community events such as farmers' markets and seasonal festivals foster connections among neighbors. The neighborhood's culture is enriched by its diverse population, with a variety of dining options that reflect different cuisines. Whether it’s enjoying a picnic by the lake or participating in local events, the lifestyle here promotes a sense of belonging and togetherness.
Local Amenities
- Lake Balboa Park
- Balboa Sports Center
- Lake Balboa Recreation Center
- Local Farmers' Market
- Walking and biking trails
- Public libraries
- Schools (including Nobel Middle School and Birmingham Community Charter High School)
- Public transport access (Metro Bus and Orange Line)
- Nearby shopping centers
- Parks like the Sepulveda Basin Wildlife Reserve
- Community events and festivals
- Local restaurants and cafes
Points of Interest
- Lake Balboa
- Sepulveda Basin Wildlife Reserve
- The Japanese Garden
- Balboa Park Golf Course
- California State University, Northridge
- Encino Commons
- The Orville Redenbacher Park
- Los Angeles River
- Woodley Park
- Nearby shopping at the Westfield Topanga & The Village
Market Overview
The Lake Balboa real estate market is currently experiencing a balanced dynamic with 21 active listings and a median listing price of $584,000. The average days on the market stands at 58, indicating that homes are selling at a steady pace. Buyers can expect a mix of property types, from single-family homes to attached residences, catering to various needs. The current market conditions suggest a competitive environment, particularly for well-maintained homes in desirable locations within the neighborhood.
Investment Outlook
Lake Balboa presents promising investment opportunities, especially for those looking into rental properties or multi-family units. With a property mix that includes a few income-generating options, investors can tap into the growing rental market driven by the area's family-friendly atmosphere and proximity to major employment centers. Development trends indicate a steady appreciation in property values, making it a potentially lucrative investment area for both new and seasoned investors.
Ideal For
Lake Balboa is ideal for first-time buyers seeking affordable housing options, families looking for a community-oriented environment, and retirees wanting a peaceful lifestyle. Investors will also find appealing opportunities in this neighborhood due to the diverse property types and steady rental demand.
Frequently Asked Questions About Lake Balboa
There are currently 16 active residential listings in Lake Balboa. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from the MLS.