17638 Lemay Street, Lake Balboa, California 91406, Lake Balboa, 91406 - 4 bed, 2 bath

17638 Lemay Street, Lake Balboa, California 91406 home-pic-0
ACTIVE$1,077,000
17638 Lemay Street, Lake Balboa, California 91406
4Beds
2Baths
1,481Sqft
5,958Lot
Year Built
1950
Close
-
List price
$1.08M
Original List price
$1.08M
Price/Sqft
$727
HOA
-
Days on market
-
Sold On
-
MLS number
25531035
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 43% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.08M(84th), sqft - 1481(48th), beds - 4(73th), baths - 2(50th).

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. The primary bedroom opens to the backyard through elegant French doors, while the oversized front guest bedroom offers versatility as a den or potential future ADU. The guest bedroom and primary bedroom flank a fourth bedroom, currently used as a walk-in closet. The private backyard is a true retreat, offering a sitting area, a dining space on a newer elevated deck, and a newly refurbished sparkling saltwater pool and spa with an upgraded pump and filter. Two remodeled bathrooms complete the home's comfortable layout. Additional upgrades include hardwood floors throughout, newer copper plumbing, a tankless water heater, an upgraded electrical system, newer windows, HVAC, new light fixtures, and a newer roof. Located within the Lemay Elementary School district and just steps from Lake Balboa Park, the Japanese Garden, Encino Farmers Market, Woodley Lakes Golf Course, Metro access, bike paths, and the Sepulveda Basin Dog Park. Finishing touches include a sprawling turf lawn, fresh landscaping, and a Palm Springs-style carport with parking for multiple cars offering both curb appeal and convenience.

Condition Rating
Excellent

Despite being built in 1950, this property has undergone extensive and recent renovations, aligning with the 'extensively renovated within 5 years' criteria. The description details a remodeled kitchen with custom white wood cabinetry, stainless steel appliances, granite countertops, and a slate subway tile backsplash, along with two remodeled bathrooms. Major systems such as copper plumbing, electrical, HVAC, windows, and the roof are all noted as 'newer' or 'upgraded.' The hardwood floors throughout, new light fixtures, and a newly refurbished saltwater pool and spa further indicate a comprehensive, high-quality update, presenting a virtually new and move-in ready home with modern aesthetics and no deferred maintenance.
Pros & Cons

Pros

Extensive System Upgrades: The property boasts significant recent system upgrades including newer copper plumbing, a tankless water heater, an upgraded electrical system, newer windows, HVAC, and a newer roof, minimizing immediate maintenance concerns for a buyer.
Modernized Interior Spaces: The home features a bright, remodeled kitchen with custom white wood cabinetry, stainless steel appliances, and granite countertops, alongside two remodeled bathrooms, offering contemporary aesthetics and functionality.
Private Outdoor Oasis with Pool: The private backyard is a true retreat, highlighted by a newly refurbished saltwater pool and spa with an upgraded pump and filter, an elevated deck, and fresh landscaping, ideal for relaxation and entertaining.
Prime Lake Balboa Location: Situated in a serene and sought-after neighborhood, the property offers excellent proximity to Lake Balboa Park, the Japanese Garden, Encino Farmers Market, golf course, Metro access, and bike paths, enhancing lifestyle and convenience.
Versatile Floor Plan: The oversized front guest bedroom offers flexibility as a den or potential future ADU, while the primary bedroom's French doors provide seamless access to the backyard, catering to diverse living arrangements.

Cons

Bedroom Configuration: One of the four bedrooms is currently utilized as a walk-in closet, which may require conversion back to a traditional bedroom depending on a buyer's specific needs, potentially impacting the functional bedroom count.
Original Build Year: Despite extensive updates, the home's original construction year of 1950 might be a consideration for some buyers who prefer newer builds, potentially raising questions about underlying structural elements not covered by recent renovations.
Carport vs. Enclosed Garage: Parking is provided by a Palm Springs-style carport, which, while convenient, lacks the enclosed security, storage, and full weather protection that a traditional garage offers, a preference for some buyers.

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