6524 Forbes, Lake Balboa, California 91406, Lake Balboa, 91406 - 3 bed, 2 bath
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Lake Balboa, California 91406
This Well-Maintained Residential Asset is listed at $849,000, representing a stable entry point aligning with its $840,709 Fair Market Value. Boasting a Condition Score of 3, the interior features a Remodeled Kitchen with shaker cabinetry and Polished Hardwood Floors. The property offers significant future upside via a Detached Two-Car Garage with high ADU Potential on a spacious Corner Lot. Families benefit from the 9/10 Rated Kester Avenue Elementary School. This move-in-ready residence is ideal for Owner-Occupants or first-time buyers seeking lifestyle quality and investment longevity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6524 Forbes Subject | $849,000* List Price | 3 | 2 | 1,226 | $676 | - |
A 6630 Mclennan Sold | $850,000 | 3 | 2 | 1,105 | $769 | 0.1 mi |
B 6640 De Celis Sold | $840,000 | 3 | 2 | 1,214 | $692 | 0.3 mi |
C 6714 Mclennan Sold | $968,000 | 3 | 2 | 1,418 | $683 | 0.2 mi |
D 6551 De Celis Sold | $875,000 | 3 | 2 | 1,325 | $660 | 0.3 mi |
E 16421 Haynes Street Active Under Contract | $999,000 List Price | 3 | 2 | 1,420 | $704 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and very well-maintained. The kitchen has been updated with modern white shaker cabinetry, dark stone countertops, and stainless steel appliances. The interior features polished hardwood floors and recessed lighting. While the bathrooms and some light fixtures are slightly dated in style, they are in functional condition with no signs of deferred maintenance, meeting the criteria for a well-maintained home with significant partial updates.
Elementary School: Kester Avenue Elementary School (9/10).
The detached two-car garage on a corner lot provides an excellent opportunity for an Accessory Dwelling Unit (ADU), ideal for generating rental income or creating a guest suite.
Situated on a corner lot, the property offers enhanced privacy, additional street parking, and a more spacious feel compared to standard interior lots.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The interior requires cosmetic refreshing, such as paint and modern finishes, to bring the 1950s-built home up to contemporary aesthetic standards.
While centrally located, several of the closest assigned schools have lower performance ratings, which may be a concern for education-focused families.
A sweet alternative to a condo or townhouse—with no HOA—this charming 3BD/2BA home offers the opportunity to own a single-family residence in a beautiful, centrally located area of Lake Balboa. Situated on a desirable corner lot, the property provides added privacy, extra parking, and excellent potential with a detached two-car garage—perfect for use as-is or future ADU conversion for additional income. The home features a comfortable and functional floor plan with 1,226 sq ft of living space, including a spacious kitchen, well-sized bedrooms, and nicely appointed bathrooms. Clean and well maintained, it offers an easy opportunity to update and personalize. Step outside to a private, inviting backyard with mature fruit trees—ideal for relaxing, entertaining, and creating lasting memories. Conveniently located near parks, shopping, and freeway access, this property presents a fantastic opportunity for both end users and investors.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,226 | 1,469 | 28% |
| Lot Size | 6,291 | 6,638 | 35% |
| Price | $849.0K | $885.0K | 34% |
| Price per sq ft | $692 | $608 | 76% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 160 | 1% |
Mar 19, 2026
$849,000
Initial Listing