
Van Nuys, California 91406
Analysis of 16855 Balboa Lane, Van Nuys, California 91406 is currently available with a list price of $799,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Van Nuys Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Built in 2016, this property is approximately 10 years old and remains in mint condition. It features a modern kitchen with stainless steel appliances, updated bathrooms with contemporary cabinetry and stone counters, and modern systems including recessed lighting and energy-efficient fixtures, requiring no maintenance or updates.
Elementary School: Kester Avenue Elementary School (9/10).
Built in 2016, this residence offers contemporary construction and the security of an exclusive 10-home gated enclave, providing a rare combination of privacy and modern building standards in Lake Balboa.
The home features a bright, open-concept floor plan with a modern kitchen and stainless steel appliances, offering a move-in-ready experience ideal for contemporary living and entertaining.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1966, living area = 1502.
With a lot size of only 1,966 sqft, the property offers very limited private yard space, which may be a disadvantage for buyers seeking traditional outdoor recreation or gardening areas.
The immediate assigned public schools, such as Gault Street Elementary and Van Nuys Middle, have lower performance ratings, which could impact appeal for education-focused families.
Located in a desirable gated community of just 10 homes in Lake Balboa, this well-maintained residence built in 2016 offers 3 bedrooms, 2.5 bathrooms, and 1,502 sq ft of thoughtfully designed living space. The home features a bright, open layout with a modern kitchen equipped with stainless steel appliances, ample cabinetry, and generous counter space ideal for both everyday living and entertaining. The living and dining areas are seamlessly connected to the kitchen, creating a functional and inviting main living space. The spacious bedrooms are designed for comfort and privacy, with the primary suite offering a luxurious ensuite bathroom and ample closet space. Additional highlights include a direct-access two-car garage with secure parking and extra storage. Ideally situated near parks, schools, shopping, dining, and major freeways, this home offers easy living in a prime Lake Balboa location.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,502 | 1,521 |
| Lot Size | 1,966 | 6,602 |
| Price | $799.0K | $922.2K |
| Price per sq ft | $532 | $593 |
| Built year | 2016 | 1953 |
| HOA | $207.0 | $0 |
| Days on market | 27 | 54 |
Jun 25, 2026
$799,000
Initial Listing
Aug 30, 2024
$785,000
Public Record
Aug 24, 2017
$5,550,000
Public Record