NOT LISTED FOR SALE

16856 Balboa Ln Los Angeles, CA 91406

Estimated Value: $882,000 - $979,000

4 Beds
3.5 Baths
2,065 Sq Ft
$450/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $869,000 $421 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,743/month

27 Days on Market

Highlights

  • 24-Hour Security
  • Wood Flooring
  • Neighborhood Views
  • Open Floorplan
  • Quartz Countertops
  • Living Room Balcony

About This Home

As of October 2024

Welcome to 16856 Balboa Ln in Lake Balboa, a luxurious retreat within an exclusive gated community of just 10 homes. Built in 2016 and recently renovated, this exquisite property offers 4 bedrooms, 3.5 bathrooms, and 2,065 square feet of refined living space. As you step inside, the fresh paint and modern upgrades immediately catch your eye, creating an inviting and contemporary ambiance. The kitchen, equipped with stainless steel appliances, combines style and functionality, while the inclusion of a washer and dryer adds everyday convenience. Each of the spacious bedrooms is designed for comfort and privacy, with the primary bedroom featuring a luxurious ensuite bathroom and ample closet space. New carpet throughout the home enhances the warmth and coziness of the living areas. Step out onto the living room balcony and enjoy the peaceful surroundings, perfect for morning coffee or evening relaxation. The direct access 2-car garage provides secure parking and additional storage space, ensuring convenience at every turn. Nestled within this intimate gated community, the property offers a sense of exclusivity and security, making it an ideal sanctuary from the hustle and bustle of city life. Don't miss the chance to make this stunning residence your own and experience the perfect blend of luxury and comfort at 16856 Balboa Lane.

Last Agent to Sell the Property

Sunny Narang

Real Brokerage Technologies Inc License #01966332 Listed on: 09/05/2024

Co-Listed By

Ryan Ridley

Real Brokerage Technologies, Inc. License #02070255

Last Buyer's Agent

Scott Saltzman

Homes4LA License #01198726

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 1,852 Sq Ft Lot
  • Landscaped
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

HOA Fees

  • $207 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 2,065 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Entryway
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Living Room Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 72240
  • Assessor Parcel Number 2225023084

Community Details

Overview

  • Front Yard Maintenance
  • Balboa Ln Homes Association, Phone Number (805) 636-1024

Recreation

  • Bike Trail

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

1,852 Sq Ft Lot

HOA Fees

$207 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2225023084
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2065.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Living Room Balcony, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: In Kitchen, In Living Room
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 420.82
  • Room Type: Entry, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pets Permitted, Management, Security, Controlled Access, Maintenance Front Yard
  • Association Fee: 207.00
  • Association Fee Frequency: Monthly
  • Association Name: Balboa Ln Homes
  • Phone: 805.636.1024
  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: Balboa Ln Homes

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped
  • Lot Size Sq Ft: 1852.00
  • Lot Size Acres: 0.0425

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1852.0000 Square Feet
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 1321.02
  • Tax Lot: 7
  • Tax Tract Number: 72240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2017
Sold by
Pdt Properties Llc
Bought by
Osm Balboa Homes Limited Partnership
Current Estimated Value
$928,880
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Osm Balboa Homes Limited Partnership $5,550,000 Dar Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Sold $869,000 -1.1% $421 / Sq Ft
09/05/2024 09/05/24 For Sale $879,000 -- $426 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,797 $869,000 $522,000 $347,000
2024 $7,797 $628,034 $377,044 $250,990
2023 $7,647 $615,720 $369,651 $246,069
2022 $7,291 $603,648 $362,403 $241,245
2021 $7,195 $591,813 $355,298 $236,515
2019 $6,980 $574,260 $344,760 $229,500
2018 $6,932 $563,000 $338,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24183739

California Regional Multiple Listing Service (CRMLS)

APN: 2225-023-084

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