$915,775Average Value$609Average Price per Sq Ft57Homes 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 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.
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 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.
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.
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
Artur Israyelyan,
an experienced agent in this neighborhood.
Parks in this Area
Anthony C. Beilenson Park-Lake Balboa
Bike Trails
Boating
Fishing
Sepulveda Basin Wildlife Preserve
Trails
River
Jesse Owens Park
Picnic Area
Playground
Multi-Purpose Field
Sepulveda Basin Off-Leash Dog Park
Dog Park
Picnic Area
Trails
Louise Park
Baseball/Softball
Basketball
Grills
Sepulveda Basin Sports Complex
Baseball/Softball
Picnic Area
Soccer
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)
Lake Balboa Demographics and Home Trends
On average, homes in Lake Balboa, Los Angeles sell after 33 days on the market compared to the national average of 52 days. The median sale price for homes in Lake Balboa, Los Angeles over the last 12 months is $879,000, consistent with the median home sale price over the previous 12 months.
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
Located on a charming tree-lined street in the highly sought-after Lake Balboa neighborhood, this 3-bedroom, 1-bath home offers an incredible opportunity with plans for a 2-bedroom, 2-bath ADU. Inside, you'll find original hardwood floors, dual-pane windows, central HVAC, and an indoor laundry room. A large, enclosed rear patio adds extra versatile space to spread out and entertain. The spacious
Christian RioseXp Realty of Southern California, Inc.
Welcome to 7813 Louise Avenue — a delightful Ranch-style retreat tucked into a tree-lined Northridge pocket right on the edge of Lake Balboa. This charming 2-bedroom, 1-bath home offers 909 sq ft of thoughtfully maintained living space on a spacious 6,000 sq ft lot with alley access. The detached garage, currently outfitted as a private studio/office with ductless HVAC, is perfect for creatives,
Welcome to 17006 Cantara Street.Set on a cul-de-sac in Lake Balboa, this 3-bedroom, 2-bath home combines modern upgrades with a spacious lot full of potential. Situated on nearly 9,300 sq ft of land, larger than most in this tract, the property offers room to expand, add an ADU, or explore SB-9 development opportunities.Inside, the 1,246 sq ft floor plan features a light-filled living
Welcome to 7301 Balboa Blvd Unit 8, a spacious and well-appointed, located in a desirable gated community in the heart of Van Nuys. This Condominiums of 2 bedrooms and 2 bathrooms across a thoughtfully designed floorplan, perfect for comfortable living and entertaining.Step into the bright living room featuring high ceilings, a cozy fireplace, and sliding glass doors that open to a
REDUCED-REDUCED-REDUCED. THIS HOME HAS RECENTLY BEING REMODELED. It comes with all of the NEW appointments. It comes with ALL stainless steel appliances, refrigerator, dishwasher, gas range, drawer microwave, and stacked washer & dryer. It has high-bathrooms and all of the tops are Quarts. The floors are engineered wood. Central HVAC with The home has an infinity pool and spa, heated. The
Welcome to 6946 Texhoma Ave, a spacious and inviting 3-bedroom, 2-bath home in the heart of Lake Balboa! Inside, you'll find generous bedrooms, multiple bonus rooms including a formal dining area, and a bright, functional kitchen plus all appliances are included (washer, dryer, and refrigerator).Step outside and enjoy an oversized backyard designed for both relaxation and entertaining. A
Completely Remodeled Beauty in Prime Lake Balboa! Welcome to your dream rental home! This stunningly remodeled 4-bedroom, 3-bathroom residence is located on a beautiful street in the highly desirable Lake Balboa neighborhood. From top to bottom, no detail has been overlooked this home offers the perfect blend of modern elegance and everyday comfort. Step inside to a bright and open floor plan
Interested in learning more about homes in this area?
Reach out to
Artur Israyelyan,
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.
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.
