Lake Balboa (LKBL) Homes with Three Or More Levels Stories

Welcome to Lake Balboa, a hidden gem nestled in the heart of the San Fernando Valley in Los Angeles County, California. Known for its lush green parks and serene lakes, Lake Balboa offers a unique blend of suburban tranquility and urban convenience. This vibrant community is characterized by its beautiful tree-lined streets, friendly neighborhoods, and a variety of recreational opportunities, making it an ideal place to call home.

One of the standout features of Lake Balboa is its diverse real estate market, particularly the availability of homes with three or more levels. These multi-story residences provide ample space for families and individuals alike, offering flexibility and room to grow. Whether you're looking for a contemporary architectural masterpiece or a charming traditional home, you’ll find properties that cater to a range of tastes and lifestyles.

Living in Lake Balboa means enjoying easy access to a plethora of amenities. The region boasts an array of shopping centers, dining options, and entertainment venues. Outdoor enthusiasts will appreciate the proximity to Lake Balboa Park, where you can enjoy picnics, walking trails, and picturesque views of the lake. Additionally, the community is well-connected to major freeways, making commutes to downtown Los Angeles and other parts of the city a breeze.

With its blend of scenic beauty, family-friendly atmosphere, and diverse housing options, Lake Balboa is a wonderful place to settle down. Explore the charm of this remarkable neighborhood and discover your dream home among its stunning multi-level properties!

Newest Lake Balboa (LKBL) Homes with Three Or More Levels Stories

$650,000

2 Beds ⋅ 3 Baths ⋅ CV26150492 MLS ⋅ Active Status

More photos coming soon—but don’t wait to see this beautifully updated townhouse! Featuring a custom-remodeled kitchen with a spacious pantry, this home offers both style and functionality. Enjoy a two-car attached garage, a private fenced front patio, and a balcony just off the kitchen, perfect for morning coffee or outdoor dining. The inviting living room includes a cozy fireplace, while the generously sized bedrooms provide comfort and flexibility. Located in a well-maintained gated community with a sparkling pool and relaxing spa, this home is ideally situated in the desirable Lake Balboa area, just moments from beautiful parks, walking paths, shopping, dining, and everyday conveniences. A wonderful opportunity to enjoy comfortable living in a prime location!

7100 Balboa Boulevard Unit 702, Lake Balboa

$429,000

2 Beds ⋅ 3 Baths ⋅ SR26016889 MLS ⋅ Active Status

Welcome to 7045 Woodley Ave, Unit 124 — a rare Lake Balboa offering featuring two en-suite bedrooms, each with its own full bathroom, plus a convenient half bath on the main living level. This thoughtfully designed tri-level townhome offers over 1,000 square feet of flexible living space. One of only a limited number of units in the community with direct-access garage entry, this home includes a 2-car attached garage with a bonus storage room. The community is currently undergoing extensive upgrades, including improvements to the garage, balconies, pool/spa, exterior, common areas, and roof. Amenities include a pool and sauna. Priced within a value range of $399,000–$469,000, this property presents a unique opportunity. Seller may offer flexible options regarding the existing HOA special assessment, depending on the terms of the offer. Centrally located near the 405 freeway with convenient access to shopping, dining, and recreation. Buyer to independently verify all information.

7045 Woodley Avenue Unit 124, Lake Balboa

$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.