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Lake Balboa

Lake Balboa

$912,487 Average Value
$279 Average Price per Sq Ft
18 Homes For Sale

Lake Balboa used to be a part of Van Nuys before a big rebrand

Located in the heart of the San Fernando Valley, known locally as the Valley, Lake Balboa is a primarily residential suburb about 20 miles from downtown Los Angeles. “Twenty years ago, this neighborhood didn’t exist; it was just called Van Nuys,” says Keller Williams Realtor Allan Mann, who has decades of experience. “They wanted to spark revitalization, so they embarked on this massive rebrand, naming the community after the lake" at Anthony C. Beilenson Park. "So now you’re buying a house in Lake Balboa instead of Van Nuys, which makes a difference in price and prestige.” The quintessential Valley neighborhood, Lake Balboa is flat and easy to navigate, with a robust inventory of homes with midcentury character.
Lake Balboa is bordered by Van Nuys, Reseda, and Encino.
Lake Balboa is bordered by Van Nuys, Reseda, and Encino.
Lake Balboa offers a suburban feel while still being a part of Greater Los Angeles.
Lake Balboa offers a suburban feel while still being a part of Greater Los Angeles.
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Classic ranch-style homes are common but not cookie-cutter

The housing in Lake Balboa is primarily single-family, with a small inventory of condos, townhomes and apartments. “Homes were built in the 1930s, ‘40s and ‘50s, so you’ll get a mix of midcentury architecture here. Nothing cookie-cutter,” Mann says. The classic midcentury ranch-style home is king in Lake Balboa, and there are many contemporary two-story offerings on infill lots. “What I love about L.A. is you have such a mix of architectural styles. It’s a melting pot of homes,” says Compass agent Charlie Clark, who has almost 25 years of experience. Homes in the neighborhood are modestly sized — two- to four-bedrooms and between 1,000 and 2,000 square feet. “Most of the homes here are going to hit somewhere between $800,000 and $1.2 million, though it can go a little higher or lower,” Mann says. Condos and townhomes are priced between $450,000 and $700,000. Monthly HOA fees typically range from $185 to $550 for condos and from $500 to $600 for townhomes
Home prices are slightly lower in Lake Balboa than neighboring towns like Sherman Oaks.
Home prices are slightly lower in Lake Balboa than neighboring towns like Sherman Oaks.
Bungalow homes are common throughout Lake Balboa.
Bungalow homes are common throughout Lake Balboa.
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High Tech Los Angeles is one of the best charter schools in the state

Los Angeles Unified is an above-average public school district with a B grade from Niche. Also graded B, Stagg Street Elementary is a walkable community school, while Mulholland Middle gets a B-minus. Two of the best high schools in the district are in Lake Balboa — Daniel Pearly Magnet High School is graded A-minus, and High Tech Los Angeles has an A-plus. HTLA is the eighth-best charter high school in California, according to Niche. The school is small by Los Angeles standards, with around 400 students enrolled at any time — about 50% of whom are economically disadvantaged. HTLA has a rigorous college preparatory curriculum with specialized intensive, hands-on technology training.

Van Nuys Airport is private but still puts Lake Balboa in the flight path

Lake Balboa lacks direct highway access, but U.S. Route 101 and Interstate 405 are within a few miles of the neighborhood. Downtown Los Angeles is only 20 miles southeast, a drive that can take up to 90 minutes during unpredictable rush hours. There are bus routes operated by LA Metro on major thoroughfares like Balboa Boulevard and Sherman Way, and commuter rail service is available via Metrolink. The closest airport is Van Nuys, along the community’s eastern border. “Van Nuys is a private airfield, so you don’t have the commercial flights coming in, but Lake Balboa is in a flight path, so you’re going to get some plane noise,” Mann says. "But a lot of people want to live near the airport because there's a whole industry with the planes there." Hollywood Burbank is the closest international airport, about 10 miles away, and Los Angeles International is only 25 miles away. The nearest medical facility is Northridge Hospital Medical Center, about 3 miles away via Saticoy Street.
Lake Balboa has a diverse population.
Lake Balboa has a diverse population.
Lake Balboa is a highly-sought after suburb of Los Angeles.
Lake Balboa is a highly-sought after suburb of Los Angeles.
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Kayaking and canoeing, but no swimming at Lake Balboa

The neighborhood's primary green space is Louise Park, at Lake Balboa's heart. The park has a robust playground with a sandy base, grassy open spaces, picnic tables, a basketball court and a lighted baseball diamond. Situated on a few acres, Louise Park has plenty of mature shade trees and room for playing and walking dogs. The park hosts community events, like Movie Night At The Park. Anthony C. Beilenson Park is the site of the 30-acre Lake Balboa, which allows kayaking but not paddleboarding or swimming due to water conditions. The park also has multiple cricket fields, a tennis center, an amphitheater and a model aircraft field. There is a Japanese garden at the Sepulveda Basin Sports Complex, one of the bigger and busier urban parks in Los Angeles that's home to many indoor and outdoor sports facilities. The area has multiple golf courses, including Woodley Lakes and Balboa Lake.
Lake Balboa has fish and fauna.
Lake Balboa has fish and fauna.
Enjoy a nice stroll along the Balboa Lake.
Enjoy a nice stroll along the Balboa Lake.
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There are small retail store and restaurants in and around Saticoy Plaza

Lake Balboa is primarily residential, though there are some shopping and dining destinations in and around Saticoy Plaza. There’s a Ralphs for stocking up on groceries. Among the retail stores are GNC, Rite Aid, the UPS Store and a sports memorabilia store called Cardboard Legends. Humble Bee is a bakery and cafe that offers organic ingredients, house-baked breads and pastries. The interior features concrete floors and exposed ductwork, but with warm wooden accents and a lot of natural light. Fortune House Restaurant is a classic hole-in-the-wall venue with authentic Thai food. A butcher shop and eatery with a Mediterranean flair, Chop Shop Butcher & Grill sells raw meat and specializes in plates, bowls and sandwiches.
Amber Steinmetz-Cole
Written By
Amber Steinmetz-Cole
Jonathan Quinones
Photography Contributed By
Jonathan Quinones
Sara Warthen
Video By
Sara Warthen

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Bobby Karami, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Bob Hope

17 min drive

Bus

Sherman Way & Encino

Bus

Balboa & Stagg

Bus

Balboa Blvd & Victory Blvd (Northbound)

Bus

Victory & White Oak

Bus

Victory & Encino

Bus

Sherman Way & Balboa

Bus

Balboa Blvd & Sherman Way (Northbound)

Crime and Safety

1 - Low Crime, 10 - High Crime Lake Balboa US
Homicide 3 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 4 4
Burglary 3 4
Motor Vehicle Theft 4 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Lake Balboa Demographics and Home Trends

Housing Trends

Median List Price
$530,000
Median Sale Price
$505,000
Median Single Family Sale Price
$530,000
Median Townhouse Sale Price
$444,900
Median 2 Bedroom Sale Price
$170,000
Median Change From 1st List Price
4%
Last 12 months Home Sales
391
Median Home Sale Price YoY Change
1%
Average Price Per Sq Ft
$279

Neighborhood Facts

Number of Homes in Neighborhood
7,118
Number of Homes for Sale
18
Median Year Built
1951
Months of Supply
0.60
Average Single Family Home Size Sq Ft
1,481
Significantly below the national average
1,924
Average Townhouse Size Sq Ft
2,489
Average 2 Bedroom Size Sq Ft
1,296
Average 1 Bedroom Size Sq Ft
994
Average Studio Size Sq Ft
500
Median Lot Size Sq Ft
6,534

Open Houses

  • Sunday, Aug 3
    1 - 4pm

    7517 Louise Ave, Van Nuys, CA 91406

    $865,000

    • 3 Beds
    • 2 Baths
    • 1,234 Sq Ft
    • 7517 Louise Ave
    • New 3 days ago

    Welcome to this charming Lake Balboa gem — a classic single story 3-bedroom (currently configured as a 2-bedroom), 2-bath home offering 1,234 square feet of living space on a generous 6,002 square foot lot. This gated property boasts a grassy front yard, large rear yard and a detached garage with fully approved plans for an ADU, ready for the new owner to build and maximize the value!

    Lonnie Mintz Rodeo Realty

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  • Thursday, Jul 31
    11am - 2pm

    17216 Lorne St, Van Nuys, CA 91406

    $979,000

    • 4 Beds
    • 3 Baths
    • 1,674 Sq Ft
    • 17216 Lorne St

    Step into this stunning fully remodeled 4-bedroom, 3-bathroom home that blends modern elegance with functional living. The front right bedroom features its own en-suite bath—a perfect guest room, as it is the 2nd primary suite—offering privacy and convenience. At the heart of the home, an open-concept living and dining area flows effortlessly, with a charming reading nook tucked behind the dining

    Samantha Ramirez Wedgewood Homes Realty

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  • Sunday, Aug 3
    3 - 5pm

    6909 Texhoma Ave, Van Nuys, CA 91406

    $799,000

    • 3 Beds
    • 2 Baths
    • 1,516 Sq Ft
    • 6909 Texhoma Ave

    INTERESTED PARTIES CAN OVERBID FOR NOT LESS THAN $784,000 AT THE BANKRUPTCY COURT HEARING VIA ZOOM ON 8/13/25 AT 1:30P.M. NO LATER THAN 8/11/25 AT 12:00 NOON, YOU MUST DELIVER THE FOLLOWING: 1). CASHIER'S CHECK PAYABLE TO DAVID SEROR, CHAPTER 7 TRUSTEE IN AMOUNT OF $23,520; 2.) WRITTEN CONFIRMATION AND RECEIPT OF TRUSTEE'S MOTION AUTHORIZING SALE OF REAL PROPERTY AND YOUR ACCEPTANCE OF

    Steve Flores Coldwell Banker Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Bobby Karami, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
25,846
Median Age
42
Population Density
13 ppl/acre
Population under 18
21.2%
On par with the national average
23.8%
Population over 65
17.6%
On par with the national average
19.1%

Finances

Median Household Income
$85,957
Above the national average
$71,702
Average Household Income
$108,834

Education and Workforce

High School Graduates
83%
Below the national average
89.1%
College Graduates
33.6%
Advanced Degrees
12.3%
% Population in Labor Force
70.2%
Above the national average
65.1%

Weather

Annual Precipitation
13''
Average Winter Low Temperature
45°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Bikeable

Bike Score®

50 / 100

Very Walkable

Walk Score®

73 / 100

Some Transit

Transit Score®

42 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Lake Balboa