
Los Angeles, California 91406
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $980,000—positioned well below the $992,139 Fair Market Value by 1%. This valuation gap offers $12,139 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a gourmet-style kitchen, solar panels, and a permitted 140 sq. ft. rec room. Located in a vibrant Lake Balboa neighborhood, this property is an ideal sanctuary for first-time buyers or owner-occupants seeking a modern, energy-efficient lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17407 Cohasset Street Subject | $980,000* List Price | 3 | 3 | 1,560 | $636 | - |
A 17600 Runnymede Street Sold | $1,157,000 | 3 | 2 | 1,623 | $713 | 0.3 mi |
B 17460 Cohasset Street Sold | $1,130,000 | 3 | 3 | 1,796 | $629 | 0.1 mi |
C 6737 Jellico Sold | $863,000 | 3 | 2 | 1,583 | $545 | 1.0 mi |
D 17008 Hartland St Sold | $920,000 | 4 | 2 | 1,507 | $610 | 1.0 mi |
E 6900 Bianca Sold | $906,000 | 3 | 2 | 1,639 | $553 | 0.8 mi |
F 17037 Covello Street Sold | $875,000 | 3 | 2 | 1,441 | $607 | 0.4 mi |
G 17043 Lorne Street Sold | $870,000 | 3 | 2 | 1,352 | $643 | 0.8 mi |
H 7960 Aldea Avenue Active Under Contract | $849,000 List Price | 3 | 2 | 1,703 | $499 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1950, the property has undergone a comprehensive high-end renovation within the last 5 years. The kitchen and bathrooms are fully modernized with granite countertops, subway tiles, and stainless steel appliances. Major systems are updated, including a new HVAC system and solar panels, and the interior features mint-condition bamboo flooring and recessed lighting throughout.
Elementary School: Kester Avenue Elementary School (9/10).
The property is equipped with a new HVAC system and solar panels that currently supplement the entire electrical bill, providing significant utility savings and modern comfort.
A permitted 140 sq. ft. recreation room offers valuable flexible space for a home office, art studio, or gym, which is a highly sought-after feature for modern buyers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1560, other record living area = 1420.
The immediate public schools, such as Anatola Avenue Elementary, carry lower performance ratings (3/10), which may be a concern for families prioritizing top-tier educational districts.
At 5,602 sq. ft., the lot size is relatively compact for the Lake Balboa area, limiting the potential for significant outdoor expansions or large-scale landscaping projects.
Welcome to your dream home in a charming pocket of Lake Balboa, with curb appeal straight out of a fairytale a white ranch-style fence, manicured lawn, mature shade tree, raised flower bed, little free library, and a covered front porch set the tone before you even step inside. Step into a natural light-filled, open-concept layout where the living, dining, and kitchen spaces flow together in perfect harmony, unified by bamboo flooring and recessed lighting throughout. The well-appointed, gourmet-style kitchen is the heart of the home, featuring granite countertops, a skylight, a generous peninsula, subway tile backsplash, a range with hood, stainless steel appliances, and a farmhouse sink all opening effortlessly to the living and dining areas.Tucked into its own private wing, the primary suite offers coved ceilings, a dual ceiling fan, a walk-in closet, and a full en-suite bath with dual vanities. Two additional bedrooms share a full bath on the opposite wing, offering privacy and separation for family or guests. Large double-pane windows flood the home with natural light throughout and kept cool with a new HVAC system and solar panels currently supplement the owner's electrical bill. Outside, the open floor plan extends into a large patio and grassy backyard perfect for entertaining, dining al fresco, and soaking up Southern California's year-round sunshine. A permitted 140 sq. ft. rec room adds flexible bonus space, ideal as a home office, art studio, playroom, or gym!Ideally located in the heart of Lake Balboa one of the Valley's most sought-after and rapidly growing neighborhoods this home puts you moments from some of the area's most-loved destinations. Grab a bite at local favorites like The Spot, Humble Bee, or Shin Sushi, take a peaceful morning stroll through The Japanese Garden, spend a sunny afternoon at Lake Balboa Park, or meet friends for coffee at the ever-popular Black Heart Coffee. Casita Taco Al Carbon, the Sepulveda Basin Off-Leash Dog Park, and the Encino Farmers Market are all nearby, with easy access to the 101 and 405 freeways. This is truly a special place to call home.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,560 | 1,664.159 |
| Lot Size | 5,602 | 6,066.556 |
| Price | $980.0K | $1.35M |
| Price per sq ft | $628 | $806 |
| Built year | 1950 | 1939 |
| HOA | $0 | $278 |
| Days on market | 37 | 55 |
Aug 3, 2026
$980,000
Initial Listing
Oct 22, 2021
$925,000
Public Record
Jun 28, 2013
$515,000
Public Record
Jan 3, 2013
$270,000
Public Record
Oct 12, 2010
$305,000
Public Record