$749,999
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $4,809/month

Total Views 1,501
3 Beds
1 Bath
1,073 Sq Ft
$699 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • Lawn
  • Slab Porch or Patio

About This Home

Charming Lake Balboa Home with ADU Potential. Set on a quiet, tree-lined street in the desirable Lake Balboa neighborhood, this 3-bedroom, 1-bath home offers comfort, charm, and exciting investment potential. Situated on an expansive nearly 8,000 sq. ft. lot, the property includes previously approved RTI plans for a detached 2-bedroom, 2-bath ADU/guest house—ideal for multi-generational living, rental income, or a private office retreat.
Inside, you’ll find timeless hardwood floors, dual-pane windows, central HVAC, and the convenience of an indoor laundry room. A spacious enclosed rear patio extends the living area, providing the perfect setting for entertaining, hobbies, or simply relaxing. The generous backyard is a true highlight featuring 2 car detached garage, a mature, fruit-bearing lemon tree, ample space for outdoor gatherings, and even room for a future pool. A detached two-car garage offers additional storage and is ready to be transformed into a 750 sq. ft. ADU with a quick re-approval of the prior plans. All this, with easy access to the 101 and 405 freeways, top shopping destinations, dining, schools, and public transit. Don’t miss this unique opportunity to own a home with endless potential in one of the Valley’s most sought-after neighborhoods!

Listing Agent

Kevork Kevin Zanazanian

Oak Brook Realty Brokerage Phone: 818-212-9499 License #01781412 Listed on: 08/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,766

Year Built

  • Built in 1950

Lot Details

  • 7,960 Sq Ft Lot
  • Block Wall Fence
  • Level Lot
  • Sprinkler System
  • Lawn
  • Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway Level

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,073 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 62
  • Tax Tract Number 13846
  • Assessor Parcel Number 2203004030
  • $277 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,766

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2203004030
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1073.00 Square Feet
  • Interior Amenities: Laminate Counters
  • Stories: 1
  • Entry Location: Main Entry
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 698.97
  • Room Type: All Bedrooms Up, Main Floor Bedroom
  • Bathroom Features: Shower, Exhaust Fan(s), Remodeled

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio, Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Driveway Level, Garage, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level, Sprinkler System, Walkstreet
  • Lot Size Sq Ft: 7960.00
  • Lot Size Acres: 0.1827

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7960.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1311.00
  • Tax Lot: 62
  • Tax Tract Number: 13846
  • TaxOtherAnnualAssessmentAmount: 277.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,766 $806,310 $645,048 $161,262
2024 $9,766 $790,500 $632,400 $158,100
2023 $10,353 $775,000 $620,000 $155,000
2022 $908 $61,168 $28,850 $32,318
2021 $891 $59,970 $28,285 $31,685
2019 $867 $58,194 $27,447 $30,747
2018 $762 $57,054 $26,909 $30,145
2016 $713 $54,840 $25,865 $28,975
2015 $704 $54,017 $25,477 $28,540
2014 $716 $52,959 $24,978 $27,981
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $749,999 -3.2% $699 / Sq Ft
08/31/2022 08/31/22 Sold $775,000 -3.1% $722 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $799,900 -- $745 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $775,000 Lawyers Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $620,000 New Conventional
Previous Owner $45,000 Credit Line Revolving
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25193725

California Regional Multiple Listing Service (CRMLS)

APN: 2203-004-030