Lake Balboa

Lake Balboa

Los Angeles, California Homes for Sale

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About Lake Balboa

Lake Balboa is an up-and-coming urban neighborhood that is best known for its glorious 27-acre lake and its diverse mixture of residents that include middle-class families, young professionals, local artisans, and entertainment-industry workers. This neighborhood, formerly known as West Van Nuys, sits between San Fernando Valley's larger districts, Reseda and Van Nuys, running adjacent to Northridge and Sepulveda Basin. There is never a shortage of recreational activities to do in Lake Balboa, with visitors and locals alike drawn to its lush parklands, captivating wildlife, and sparkling streams. Although parts of this community have been redeveloped and upgraded throughout recent years, many ranch-style homes in the area still embody the charm of pre-WWII architecture.

Quick Facts

Current Prices: $599,999 to $2,800,000

Closed Prices: $405,000 to $1,660,000

Median Sale Price: $845,000

Average $ per sq ft: $657

Association Fee Ranges: $90 to $480/mo, $0 to $480

Type: Attached Home (Condo, Townhouse, Loft, etc.), Single-Family Home

Age: 1942 to 2021

Sq. Ft.: 794 to 5047 Sq. Ft.

Bedrooms: 2 to 6 Bedrooms

Bathrooms: 0 to 5 Bathrooms

Lot Size: 0 - 3 acres

Getting Around Lake Balboa

Around Lake Balboa

Lake Balboa is a fantastic place to purchase a home at an affordable price, - if one can tolerate airport noise. Residences around Lake Balboa primarily consist of high-rise condominium complexes, single-family homes, and classic ranch-style houses. For more of a middle-class suburban vibe, popular areas to live in would be around the south end of Lake Balboa around Victory Boulevard, where the inner neighborhoods are larger, cleaner and greener.

After a fun-filled day of outdoor adventures, the local cuisine is sure to re your energy. Whether you are craving a burger, tacos, or pizza, head to Saticoy Street or Balboa Boulevard, where there are plenty of brunch spots, pizzerias, bakeries, diners, and coffee shops. There may not be too many healthy food options to choose from, but for those who want to gorge on a delicious meal, Lake Balboa has you covered.

Tree-lined streets that greet residents on their way home from work. Another common sight is senior citizens taking a casual stroll along the sidewalks. Since new residents have been moving into these 1950s-style homes throughout recent years, do not be shocked if you see a multitude of houses undergoing home improvement projects and construction. This community is very tight knit and many people know each other. If you're lucky, you might even be able to join in on a neighborhood block party.

The nightlife around Lake Balboa is fairly quiet and laid back. Residents here often gather with a couple of friends and have a fun night karaoking on Sherman Way. There are also a couple dive bars on Saticoy and Balboa Boulevard for those who want a more festive Friday night out.

When Lake Balboa is practically in your backyard, the recreational activities are endless. For those who love water activities, spend a quiet afternoon fishing on the lake or rent a paddle boat for a relaxing day in the lake. If you prefer to stay on land, admire the breathtaking views of nature while biking along the Balboa Bike Path. Lake Balboa Park also has several fields available for sports enthusiasts itching to play soccer, baseball, or even golf. For those who want to share the fun with their kids, you can rent a bouncy-house or visit the toy-making headquarters of MGA Entertainment.

Locals Love

  • Abundance of recreational activities
  • Affordable housing prices
  • Proximity to the 405 freeway

Locals Don't Love

  • Lack of nightlife
  • Noise from passing airplanes, jets, and helicopters
  • Shopping centers are further away

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