Lake Balboa Homes with Multi Level Stories

Welcome to Lake Balboa, a hidden gem nestled in the heart of Los Angeles County, California. This charming neighborhood offers a delightful blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and anyone looking to enjoy the best of Southern California living. With its tree-lined streets, serene parks, and a strong sense of community, Lake Balboa invites you to experience a lifestyle that is both vibrant and peaceful.

One of the standout features of Lake Balboa is its diverse array of homes, particularly the stunning multi-level story residences that grace the area. These homes not only provide ample space for growing families but also offer unique architectural designs that enhance the neighborhood's character. Imagine coming home to a beautifully designed multi-level property, where each floor provides distinct living spaces, perfect for entertaining guests or enjoying cozy family nights.

The multi-level homes in Lake Balboa often boast spacious layouts, high ceilings, and large windows that invite natural light to flood the interiors. Many of these residences come equipped with modern amenities and luxurious finishes, ensuring a comfortable and stylish living experience. With nearby parks, such as the expansive Lake Balboa Park, residents can enjoy outdoor activities, picnics, and leisurely strolls along the scenic paths.

Living in Lake Balboa means having access to excellent schools, shopping, and dining options, all while being just a short drive away from the bustling heart of Los Angeles. Whether you’re searching for your dream home or an investment opportunity, Lake Balboa’s multi-level homes are sure to captivate your heart and elevate your lifestyle. Come explore the charm and possibilities that await you in this beautiful neighborhood!

Newest Lake Balboa Homes with Multi Level Stories

$565,000

2 Beds ⋅ 3 Baths ⋅ 26867791 MLS ⋅ Active Status

Tucked three buildings back from Hayvenhurst, this beautifully renovated townhome offers a serene setting well removed from the street. As you stroll through the community, you'll immediately appreciate the lush landscaping, meticulously maintained grounds, and resort-style amenities, including a sparkling pool and spa. Inside, the home has been thoughtfully updated within the past three years and features high ceilings, abundant natural light, and an open, airy floor plan. Three private patios and balconies provide seamless indoor-outdoor living and multiple spaces to relax or entertain. Both bedrooms are generously sized ensuites, with the spacious primary suite featuring a luxurious jetted soaking tub. Additional highlights include in-unit laundry, an attached two-car garage, and an exceptionally large storage areaan added bonus that some homeowners in the community have transformed into a home office, art studio, or fitness room. The HOA is another standout feature, covering water, exterior maintenance, building insurance, and earthquake insurance. Even better, the association is well funded, offering peace of mind in a market where financially healthy HOAs have become increasingly rare. With proximity to the highly coveted Lake Balboa Park, multiple golf courses, the Encino Farmers Market, and easy access to the 405 freeway, this is an A+ location.

6540 Hayvenhurst Avenue Unit 3, Lake Balboa

$1,799,000

10 Beds ⋅ 12 Baths ⋅ 26865459 MLS ⋅ Active Status

Built in 1990, this gated four-unit townhouse-style apartment property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), offering investors significantly less restricted rental upside. With an excellent location in Lake Balboa, adjacent to Encino, the property also had central HVAC installed in 2019. The property features an attractive unit mix of two 2-bedroom, 2.5-bath units and two 3-bedroom, 2.5-bath units, averaging approximately 1,430 square feet each. Every unit offers a spacious open floor plan with a fireplace, large kitchen, private balcony, washer/dryer hookups, and an oversized attached two-car garage. Two units have also been updated with waterproof laminate flooring throughout the downstairs living areas and bathrooms. There is presently a single water bill, however, there are separate water meters installed for each unit.

6440 Balboa Boulevard, Lake Balboa

$1,599,999

37 Beds ⋅ 37 Baths ⋅ 26864773 MLS ⋅ Active Status

Welcome to 6401 Whitman, a fully entitled 37 unit RTI( Ready to Issue) permit project perfect for Developers, Investors, Contractors, Builders ready to pull permits and start building. This SHOVEL READY 100% Affordable ED1 project in Lake Balboa featuring 37 units including a manager's office that can be converted into a unit, 19-1 bedroom, 18- studios across a Type V, four story, fully stacked designed which features all wood frame floors on a corner lot. This design has significant savings in construction costs and time maximizing the most units with significantly lower construction costs compared to 5 stories and taller projects such as, Type III. Located in one of San Fernando valley's vibrant and high demand areas, Lake Balboa is just minutes to Encino, Sherman Oaks, Van Nuys and the property located directly across the street to Woodley park which is considered a high resource area on the map. The property is also directly across the street to the Orange Line and the freeway, while major shopping stores like Super King and COSTCO are very close by as well. Due to its central location, the area is within top employment hubs and is easy access to Encino, it is a highly desirable and attractive area that has lots of brand new construction apartments buildings nearby. The property is located in a TOC Tier 3 area because of it just a walk across the street to the Metro/Orange Line, making this very walkable and bike friendly. The stackable design features 15,111 square feet of livable area and 16,780 square feet of buildable area with units ranging from 268- 338 sq ft Studios and 352 to 465 sq ft- One bedrooms. Based on the most recent schedule 6 & 9 rents from the covenant, the total monthly rents from the 37 units would bring a monthly gross income of $75,482 and yearly gross income of $905,784, or a buyer can look into achieving higher rents with Section 8 vouchers (buyer to verify). Each floor has a laundry room, outdoor bicycle area and storage. The property is currently a vacant land ready to start building right away, shovel ready!! The plans have no parking required, so developers don't have to pencil the high costs that come with on-grade parking, increasing additional significant savings to the project's construction costs and affordability. A developer can break ground right away and there has been a lot of money invested in the area, LOCATION, LOCATION, LOCATION. Each unit is designed for maximum affordability and optimized rental income. This development presents a ultra rare and immediate opportunity for developers to bring much-needed affordable housing to one of San Fernando Valley's most sought-after areas. BUYER TO VERIFY ALL!

6401 Whitman Avenue, Lake Balboa

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.