Lake Balboa (LKBL) Homes with Electricity Association amenities

Welcome to Lake Balboa, a hidden gem nestled in the heart of the San Fernando Valley in Los Angeles County, California. This vibrant community offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

Lake Balboa is renowned for its picturesque parks, including the expansive Lake Balboa Park, which features serene walking paths, lush green spaces, and a beautiful lake that invites picnics and leisurely strolls. The area is also home to a variety of recreational activities, from paddle boating to bird watching, ensuring that outdoor enthusiasts will always find something to enjoy.

The real estate landscape in Lake Balboa is as diverse as its residents. Here, you’ll find charming single-family homes, modern condos, and spacious townhouses, all equipped with essential amenities, including electricity. The Homes with Electricity Association guarantees that residents can enjoy the comforts of modern living without compromise. With the convenience of reliable electricity, you can easily power your lifestyle, whether it's hosting gatherings, working from home, or simply enjoying your favorite entertainment.

Lake Balboa's prime location offers easy access to major freeways, making commutes to downtown Los Angeles and surrounding areas a breeze. Plus, the community is surrounded by a wealth of shopping, dining, and entertainment options, ensuring that everything you need is just a stone's throw away.

Discover the charm and convenience of Lake Balboa, where community spirit thrives, and every day feels like a retreat. Your dream home awaits in this idyllic Southern California neighborhood!

Newest Lake Balboa (LKBL) Homes with Electricity Association amenities

$2,495,000

SR23163447 MLS ⋅ Active Status

MAJOR PRICE IMPROVEMENT – Reduced by $200,000! Exceptional investment opportunity offering one of the lowest prices at just $426 per sq. ft. and an impressive 6% Cap Rate. This premier 3-year-old modern income property in Lake Balboa consists of four units across two addresses (6843 & 6845 Haskell Ave.) and is fully leased with over $170,000 in annual rental income. Property configuration: • Front residence: 3-bedroom, 4-bath home with an attached 1-bedroom, 1-bath ADU • Rear duplex: Two spacious units, each offering 4 bedrooms and 4 bathrooms Designed for low-maintenance ownership, each unit features high-end finishes including quartz countertops, stainless steel appliances, in-unit washer and dryer, smart locks, Nest thermostats, security cameras, fire sprinklers, and dual-pane windows. A centralized network system provides free Wi-Fi, security camera connectivity, and hardwired Ethernet access to every unit, adding value for both owners and tenants. Additional highlights include: • Fully leased with strong, stable cash flow • No rent control • Gated property with 6 on-site parking spaces • Separate gas, electric meters, and electrical panels • Individual solar systems for each primary unit • Modern construction with low maintenance costs Ideally located near major freeways, shopping, dining, and employment centers, this is a rare opportunity to acquire a high-performing, newer construction asset at one of the best values on the market. Please see the Supplements for the detailed Cap Rate analysis.

6845 Haskell 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.