$905,194Average Value$611Average Price per Sq Ft31Homes For Sale
Lake Balboa used to be a part of Van Nuys before a big rebrand
Located in the heart of the San Fernando Valley, known locally as the Valley, Lake Balboa is a primarily residential suburb about 20 miles from downtown Los Angeles. “Twenty years ago, this neighborhood didn’t exist; it was just called Van Nuys,” says Keller Williams Realtor Allan Mann, who has decades of experience. “They wanted to spark revitalization, so they embarked on this massive rebrand, naming the community after the lake" at Anthony C. Beilenson Park. "So now you’re buying a house in Lake Balboa instead of Van Nuys, which makes a difference in price and prestige.” The quintessential Valley neighborhood, Lake Balboa is flat and easy to navigate, with a robust inventory of homes with midcentury character.
Lake Balboa is bordered by Van Nuys, Reseda, and Encino.
Lake Balboa offers a suburban feel while still being a part of Greater Los Angeles.
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Classic ranch-style homes are common but not cookie-cutter
The housing in Lake Balboa is primarily single-family, with a small inventory of condos, townhomes and apartments. “Homes were built in the 1930s, ‘40s and ‘50s, so you’ll get a mix of midcentury architecture here. Nothing cookie-cutter,” Mann says. The classic midcentury ranch-style home is king in Lake Balboa, and there are many contemporary two-story offerings on infill lots. “What I love about L.A. is you have such a mix of architectural styles. It’s a melting pot of homes,” says Compass agent Charlie Clark, who has almost 25 years of experience. Homes in the neighborhood are modestly sized — two- to four-bedrooms and between 1,000 and 2,000 square feet. “Most of the homes here are going to hit somewhere between $800,000 and $1.2 million, though it can go a little higher or lower,” Mann says. Condos and townhomes are priced between $450,000 and $700,000. Monthly HOA fees typically range from $185 to $550 for condos and from $500 to $600 for townhomes
Home prices are slightly lower in Lake Balboa than neighboring towns like Sherman Oaks.
Bungalow homes are common throughout Lake Balboa.
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High Tech Los Angeles is one of the best charter schools in the state
Los Angeles Unified is an above-average public school district with a B grade from Niche. Also graded B, Stagg Street Elementary is a walkable community school, while Mulholland Middle gets a B-minus. Two of the best high schools in the district are in Lake Balboa — Daniel Pearly Magnet High School is graded A-minus, and High Tech Los Angeles has an A-plus. HTLA is the eighth-best charter high school in California, according to Niche. The school is small by Los Angeles standards, with around 400 students enrolled at any time — about 50% of whom are economically disadvantaged. HTLA has a rigorous college preparatory curriculum with specialized intensive, hands-on technology training.
Van Nuys Airport is private but still puts Lake Balboa in the flight path
Lake Balboa lacks direct highway access, but U.S. Route 101 and Interstate 405 are within a few miles of the neighborhood. Downtown Los Angeles is only 20 miles southeast, a drive that can take up to 90 minutes during unpredictable rush hours. There are bus routes operated by LA Metro on major thoroughfares like Balboa Boulevard and Sherman Way, and commuter rail service is available via Metrolink. The closest airport is Van Nuys, along the community’s eastern border. “Van Nuys is a private airfield, so you don’t have the commercial flights coming in, but Lake Balboa is in a flight path, so you’re going to get some plane noise,” Mann says. "But a lot of people want to live near the airport because there's a whole industry with the planes there." Hollywood Burbank is the closest international airport, about 10 miles away, and Los Angeles International is only 25 miles away. The nearest medical facility is Northridge Hospital Medical Center, about 3 miles away via Saticoy Street.
Lake Balboa has a diverse population.
Lake Balboa is a highly-sought after suburb of Los Angeles.
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Kayaking and canoeing, but no swimming at Lake Balboa
The neighborhood's primary green space is Louise Park, at Lake Balboa's heart. The park has a robust playground with a sandy base, grassy open spaces, picnic tables, a basketball court and a lighted baseball diamond. Situated on a few acres, Louise Park has plenty of mature shade trees and room for playing and walking dogs. The park hosts community events, like Movie Night At The Park. Anthony C. Beilenson Park is the site of the 30-acre Lake Balboa, which allows kayaking but not paddleboarding or swimming due to water conditions. The park also has multiple cricket fields, a tennis center, an amphitheater and a model aircraft field. There is a Japanese garden at the Sepulveda Basin Sports Complex, one of the bigger and busier urban parks in Los Angeles that's home to many indoor and outdoor sports facilities. The area has multiple golf courses, including Woodley Lakes and Balboa Lake.
Lake Balboa has fish and fauna.
Enjoy a nice stroll along the Balboa Lake.
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There are small retail store and restaurants in and around Saticoy Plaza
Lake Balboa is primarily residential, though there are some shopping and dining destinations in and around Saticoy Plaza. There’s a Ralphs for stocking up on groceries. Among the retail stores are GNC, Rite Aid, the UPS Store and a sports memorabilia store called Cardboard Legends. Humble Bee is a bakery and cafe that offers organic ingredients, house-baked breads and pastries. The interior features concrete floors and exposed ductwork, but with warm wooden accents and a lot of natural light. Fortune House Restaurant is a classic hole-in-the-wall venue with authentic Thai food. A butcher shop and eatery with a Mediterranean flair, Chop Shop Butcher & Grill sells raw meat and specializes in plates, bowls and sandwiches.
Written By
Amber Steinmetz-Cole
Photography Contributed By
Jonathan Quinones
Video By
Sara Warthen
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Agents Specializing in this Area
Michael Rescigno
Berkshire Hathaway HomeServices California Properties
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Michael Rescigno,
an experienced agent in this neighborhood.
Parks in this Area
Anthony C. Beilenson Park-Lake Balboa
Bike Trails
Boating
Fishing
Sepulveda Basin Wildlife Preserve
Trails
River
Jesse Owens Park
Picnic Area
Playground
Multi-Purpose Field
Sepulveda Basin Off-Leash Dog Park
Dog Park
Picnic Area
Trails
Louise Park
Baseball/Softball
Basketball
Grills
Sepulveda Basin Sports Complex
Baseball/Softball
Picnic Area
Soccer
Transit
Airport
Bob Hope
17 min drive
Bus
Sherman Way & Encino
Bus
Balboa & Stagg
Bus
Balboa Blvd & Victory Blvd (Northbound)
Bus
Victory & White Oak
Bus
Victory & Encino
Bus
Sherman Way & Balboa
Bus
Balboa Blvd & Sherman Way (Northbound)
Crime and Safety
1 - Low Crime, 10 - High Crime
Lake Balboa
US
Homicide
3
4
Sexual Assault
3
4
Assault with Weapon
3
4
Robbery
4
4
Burglary
3
4
Motor Vehicle Theft
4
4
Larceny
3
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Lake Balboa, Los Angeles sell after 31 days on the market compared to the national average of 47 days. The average sale price for homes in Lake Balboa, Los Angeles over the last 12 months is $909,558, up 2% from the average home sale price over the previous 12 months.
This beautifully updated four-bedroom, two-bathroom mid-century ranch is nestled in the serene and sought-after neighborhood of Lake Balboa. A large picture window floods the living room with natural light, while the adjacent dining area opens to a bright, remodeled kitchen featuring custom white wood cabinetry, stainless steel appliances, a slate subway tile backsplash, and granite countertops.
This gorgeous 4 bedroom, 3 bath pool home, which was built in 1998 and extensively renovated in 2021, has been meticulously maintained by its original owners. Located on a nearly 10,000 sq ft lot in the heart of Lake Balboa, the house sits back from the street behind an automatic gate and privacy hedge. Bring all your family and friends, because the sizable front of the property includes a
A rare and distinguished offering in the heart of Van Nuys, this 6-bedroom, 5-bath Colonial-style estate spans 2,923 square feet of timeless charm and endless potential. Showcasing classic architectural elegance, the home welcomes you with a grand facade framed by towering columns, a vibrant red entry door, and a picturesque tiered fountain that anchors the lush front garden.Inside, rich hardwood
Welcome to your dream retreat — a two-story haven designed with luxury, comfort, and entertainment in mind! Located in highly coveted Lake Balboa, this residence blends elegant upgrades with timeless style. Greeted by perfectly manicured zero-scape landscaping, step inside to soaring vaulted ceilings in the Living and Dining Rooms, creating a bright and airy ambiance. The spacious Family Room
Welcome to 17400 Cantlay Street, a charming bungalow nestled in the heart of Lake Balboa, CA. This delightful home offers 2 cozy bedrooms and a stylish bathroom, perfect for modern living. Spanning 1,074 square feet, this residence is designed for comfort and convenience.Step inside to discover a fresh and inviting space with a casual, contemporary vibe. The newly installed stove, washer/dryer,
Welcome to this stylish and spacious 3-level home, fully furnished and ready to move-in. Located at the end of a quiet private street, this property offers over 2,500 sq ft of modern living space with 4 bedrooms and 4 bathrooms and thoughtful design throughout.The first level features a private bedroom, full bathroom, and a versatile bonus room with a Murphy bed-perfect for guests, a home
Stephanie Payab
Berkshire Hathaway HomeServices California Properties
See where comfort meets style when you come home to Amanda Regency Apartments. Featuring pet-friendly studio, one, and two bedroom apartments in sunny Van Nuys, California, residents can enjoy welcoming amenities in a prime location near Lake Balboa Park. When you settle into an apartment at Amanda Regency Apartments, become accustomed to features like a chef-worthy kitchen and a private patio or
Front House For Rent * 3 Bedrooms / 2 Bathrooms * 1,162sqft Living Space * Fully Updated * Laminate Floors * Recessed Lighting * Central A/C & Heat * Laundry Hook-Ups Inside * Private Yard * Small Pet Ok * Tenant To Pay Its Own Gas & Power * Water To Be Proportionally Split With ADU
Interested in learning more about homes in this area?
Reach out to
Michael Rescigno,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
25,846
Median Age
42
Population Density
13 ppl/acre
Population under 18
21.2%
On par with the national average
23.8%
Population over 65
17.6%
On par with the national average
19.1%
Finances
Median Household Income
$85,957
Above the national average
$71,702
Average Household Income
$108,834
Education and Workforce
High School Graduates
83%
Below the national average
89.1%
College Graduates
33.6%
Advanced Degrees
12.3%
% Population in Labor Force
70.2%
Above the national average
65.1%
Weather
Annual Precipitation
13''
Average Winter Low Temperature
45°F
Average Summer High Temperature
91°F
Annual Snowfall
0''
Area Factors
Bikeable
Bike Score®
50/ 100
Very Walkable
Walk Score®
74/ 100
Some Transit
Transit Score®
43/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
