$870,000
SOLD MAR 27, 2025
4 Beds
3.5 Baths
2,065 Sq Ft
1,845 Sq Ft Lot

Recently Sold

$421 Per Sq Ft

1% Below List Price

14 Days on Market

Highlights

  • Automatic Gate
  • View of Trees or Woods
  • Wood Flooring
  • Gated Community
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of March 2025

Welcome to 16861 Balboa Ln in Lake Balboa, a beautifully updated home situated in an exclusive gated community of just 10 residences. Built in 2016 and recently refreshed, this elegant 4-bedroom, 3.5-bathroom property offers 2,065 square feet of well-designed living space.

Inside, fresh paint and modern upgrades create a bright and contemporary feel. The stylish kitchen, equipped with stainless steel appliances, seamlessly blends function and style, while the included washer and dryer add everyday convenience. The spacious bedrooms provide comfort and privacy, with the primary suite featuring a luxurious ensuite bathroom and generous closet space. Plush new carpeting enhances the warm and inviting ambiance throughout the home.

Enjoy peaceful mornings and relaxing evenings on the balcony just off the living room, perfect for unwinding. The home also offers a direct-access 2-car garage, providing secure parking and ample storage.

Tucked within this intimate gated enclave, 16861 Balboa Ln offers a rare combination of privacy, tranquility, and modern living. Don’t miss this opportunity to own a stunning home in one of Lake Balboa’s most desirable communities!

Last Agent to Sell the Property

Sunny Narang

Real Brokerage Technologies Inc Brokerage Phone: 805-636-1024 License #01966332 Listed on: 02/20/2025

Co-Listed By

kendra fuchs

Real Broker Brokerage Phone: 805-636-1024 License #02005080

Last Buyer's Agent

Neda Samsami

Keller Williams Beverly Hills License #02068151

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,794

Year Built

  • Built in 2016

Lot Details

  • 1,845 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

Property Views

  • Woods
  • Mountain
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

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

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Accessible Parking
  • Living Room Balcony
  • Suburban Location

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 72240
  • Assessor Parcel Number 2225023079

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

$7,794

Year Built

Built in 2016

Lot Details

0

HOA Fees

$207 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • 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: 2225023079
  • 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
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 421.31
  • 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: Mountain(s), Neighborhood, Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Two Door, Gated, 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
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room, 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, Suburban
  • Association Management: Balboa Ln Homes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped
  • Lot Size Sq Ft: 1845.00
  • Lot Size Acres: 0.0424

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1845.0000 Square Feet
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 1321.02
  • Tax Lot: 2
  • Tax Tract Number: 72240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Mar 17, 2025
Sold by
Osm Balboa Homes Limited Partnership
Bought by
Barfidokht Abbas and Googol Nasim
Seller's Agent
Sunny Narang
Real Brokerage Technologies Inc
Buyer's Agent
Neda Samsami
Keller Williams Beverly Hills
List Price
$879,000
Sold Price
$870,000
Premium/Discount to List
-$9,000
-1.02%
Views
360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%
Original Mortgage
$796,702
Outstanding Balance
$796,032
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$104,828

Purchase Details

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $870,000 Lawyers Title Company
Grant Deed $5,550,000 Dar Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $796,702 FHA
Previous Owner $245,000 New Conventional
Previous Owner $360,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $870,000 -1.0% $421 / Sq Ft
02/20/2025 02/20/25 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
2024 $7,794 $628,034 $377,044 $250,990
2023 $7,645 $615,720 $369,651 $246,069
2022 $7,289 $603,648 $362,403 $241,245
2021 $7,193 $591,813 $355,298 $236,515
2019 $6,977 $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: SR24254411

California Regional Multiple Listing Service (CRMLS)

APN: 2225-023-079