NOT LISTED FOR SALE

16860 Balboa Ln Los Angeles, CA 91406

Estimated Value: $903,000 - $1,042,000

4 Beds
3.5 Baths
2,065 Sq Ft
$473/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $879,000 $426 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,983/month

9 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Quartz Countertops
  • Open Floorplan
  • Main Floor Bedroom
  • Neighborhood Views

About This Home

As of September 2024

Welcome to 16860 Balboa Ln in Lake Balboa, a luxurious property within an exclusive gated community of just 10 homes. Built in 2017 and recently updated, this exquisite residence features 4 bedrooms, 3.5 bathrooms, and 2,065 square feet of elegant living space.

As you enter, the fresh paint and modern upgrades immediately create a welcoming, contemporary vibe. The kitchen, outfitted with stainless steel appliances, offers both style and practicality, while the included washer and dryer provide added convenience.

Each of the spacious bedrooms is crafted for comfort and privacy, with the primary suite boasting a luxurious ensuite bathroom and ample closet space. New carpeting throughout the home adds warmth and a cozy feel to the living areas.

Enjoy peaceful moments on the living room balcony, ideal for sipping your morning coffee or unwinding in the evening.

The direct access 2-car garage ensures secure parking and extra storage, adding to the home's overall convenience. Set within this intimate gated community, the property provides a sense of exclusivity and tranquility, making it a perfect retreat from city life.

Seize the opportunity to make this stunning residence your own and experience the ultimate blend of luxury and comfort at 16860 Balboa Ln.

Last Agent to Sell the Property

Sunny Narang

Real Brokerage Technologies Inc License #01966332 Listed on: 08/13/2024

Co-Listed By

Luke Smith

Real Brokerage Technologies, Inc. License #02037906

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,802

Year Built

  • Built in 2017

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 Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Automatic Gate

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 72240
  • Assessor Parcel Number 2225023086

Community Details

Overview

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

Recreation

  • Bike Trail

Security

  • Security Service
  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,802

Year Built

Built in 2017

Lot Details

0

HOA Fees

$207 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Security Lights, Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2225023086
  • Year Built: 2017
  • 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: Carpet, 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: 425.67
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom
  • Room Kitchen Features: Kitchen Island, Quartz Counters

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Paved, Garage, Garage - Two Door, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, 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, Mountainous, 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 In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 1321.02
  • Tax Lot: 9
  • Tax Tract Number: 72240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Sep 10, 2024
Sold by
Osm Balboa Homes Limited Partnership
Bought by
Mckinley Jennifer Rosen and Mckinley Matthew Rory
Seller's Agent
Sunny Narang
Real Brokerage Technologies Inc
List Price
$879,000
Sold Price
$879,000
Views
34
Current Estimated Value
$977,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,333
Avg. Annual Appreciation
10.63%
Original Mortgage
$790,221
Outstanding Balance
$781,372
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$195,961

Purchase Details

Closed on
Aug 21, 2017
Sold by
Pdt Properties Llc
Bought by
Osm Balboa Homes Limited Partnership
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Mckinley Jennifer Rosen $879,000 Lawyers Title Company
Osm Balboa Homes Limited Partnership $5,550,000 Dar Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinley Jennifer Rosen $790,221
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $879,000 0.0% $426 / Sq Ft
08/13/2024 08/13/24 For Sale $879,000 -- $426 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $7,802 $879,000 $489,500 $389,500
2024 $7,802 $628,034 $377,044 $250,990
2023 $7,652 $615,720 $369,651 $246,069
2022 $7,296 $603,648 $362,403 $241,245
2021 $7,200 $591,813 $355,298 $236,515
2019 $6,985 $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: SR24166441

California Regional Multiple Listing Service (CRMLS)

APN: 2225-023-086