Lake Balboa
Welcome to Lake Balboa, a charming neighborhood in the vibrant San Fernando Valley. This picturesque corner offers you an exceptional living experience, fusing the serenity of nature with urban convenience. Discover why Lake Balboa is the perfect place to make your home.
A Variety of Housing Options
Lake Balboa features a wide range of housing options to meet your preferences. From elegantly designed single-family homes to modern condominiums, you'll find the perfect fit for your lifestyle.
Parks and Green Spaces
If you are a nature lover, Lake Balboa will captivate you. Lake Balboa Park is a true treasure, where you can enjoy lakeside walks, outdoor activities, and quiet moments.
Transport Connections and Strategic Location
Lake Balboa enjoys a strategic location with easy access to major highways and arterial roads. This allows you to quickly get to any part of Los Angeles while enjoying the tranquility of your neighborhood.
Conveniences of Urban Living
Despite its tranquil atmosphere, Lake Balboa is not far from urban amenities. Local shops, cozy restaurants and nearby shopping centers offer you modern living without sacrificing serenity.
Quality education
Lake Balboa is also home to high-quality educational options, from public schools to private institutions. This makes it an ideal location for families looking to provide their children with an exceptional education.
33 mins
35
$88,361
$813,847
- Altitude: 718 feet | 219m
- Population: 27,759
- Zip Codes: 91406
- Points of interest: Lake Balboa Park, Woodley Park, Balboa Sports Complex, Sepulveda Basin Wildlife Reserve, Lake Balboa Bike Path
In the heart of the San Fernando Valley lies Lake Balboa, a charming neighborhood that offers a haven of peace and comfort. From May 2023 to June 2023, the real estate market in this area has seen a 1.9% increase in the number of properties for sale. In June 2023, the average listing price was $1,100,000 and properties were on the market for an average of 17 days.
Real estate properties in Lake Balboa have experienced variations in their prices between May and June 2023. Prices for 1-bedroom properties increased by 1%, while prices for 2-bedroom properties decreased by 6.2%. 3-bedroom properties saw an increase of 1.9%, while 4-bedroom properties saw a decrease of 7%. On the other hand, 5-bedroom properties became 6.2% more expensive.
The volume of houses for sale in this real estate market has presented some interesting changes. The supply of 1-bedroom houses decreased by 20%, while the number of 2-bedroom houses decreased by 9.5%. 3-bedroom homes became 7.5% more available, and the supply of 4-bedroom homes increased 3.1%. Surprisingly, the number of 5-bedroom houses increased considerably, with an increase of 16.7%.
Lake Balboa is not only a place to live, but an opportunity to experience a special connection to nature and community. Imagine enjoying wide green spaces, strolling through serene parks and being close to urban amenities. This neighborhood offers a perfect balance between suburban living and the advantages of a strategic location.
Statistics aside, Lake Balboa gives you an exceptional opportunity to live in a nature-friendly environment. The magic of Lake Balboa is reflected in its tranquil setting, diversified housing options, and welcoming community. If you are looking for a home where you can find comfort and connection with nature, Lake Balboa is the ideal place for you. Welcome to Lake Balboa, where opportunities await and life is enjoyed to the fullest!
