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6827 Bianca Avenue, Lake Balboa, California 91406, Lake Balboa, 91406 - 4 bed, 2 bath

6827 Bianca Avenue, Lake Balboa, California 91406 home-pic-0
ACTIVE$1,149,000
6827 Bianca Avenue, Lake Balboa, California 91406
4Beds
2Baths
1,662Sqft
8,002Lot

Price Vs. Estimate

The estimated value ($722,006) is $426,994 (37%) lower than the list price ($1,149,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8002, living area = 1662.
Top Cons:
Significant Overpricing: The current list price of $1,149,000 is substantially higher than the property's estimated value of $722,006 and generally exceeds the recent sold prices of comparable homes in the immediate vicinity, indicating potential overvaluation.

Compared to the nearby listings

Price:$1.15M vs avg $900.0K (+$249,000)88%
Size:1,662 sqft vs avg 1,496 sqft63%
Price/sqft:$691 vs avg $61078%

More Insights

Built in 1956 (69 years old).
Condition: Despite being built in 1956, this property has undergone an extensive and high-quality renovation, making it feel virtually new. The 'chef's kitchen' features modern two-tone cabinetry, quartz countertops, stainless steel appliances, and a farmhouse sink, all in pristine condition. Both bathrooms have been updated with granite vanities, new tile, and rain showers, reflecting contemporary style and functionality. The home also boasts new hardwood floors, recessed lighting, dual-pane windows, central A/C, and upgraded plumbing, indicating that all major components are new or recently updated to current quality standards with no visible deferred maintenance.
Year Built
1956
Close
-
List price
$1.15M
Original List price
$1.2M
Price/Sqft
$691
HOA
-
Days on market
-
Sold On
-
MLS number
25535323
Home ConditionExcellent
Features
Patio
View

About this home

Welcome to your dream home at the end of a quiet cul-de-sac in the highly sought-after Lake Balboa neighborhood, just north of Victory Blvd and adjacent to Encino. This updated, single-level 4-bedroom, 2-bathroom home sits on a spacious 8,002 SQFT lot, offering plenty of room for a pool. Step inside to a bright, open living room with a cozy fireplace and large windows that frame serene views of the lush backyard. The chef's kitchen features a cooktop island, quartz countertops, and a charming breakfast nook. The formal dining room opens to a covered patio, perfect for indoor-outdoor entertaining. Other highlights include hardwood floors, recessed lighting, dual-pane windows, central A/C, and upgraded plumbing, and primary bedroom featuring his-and-hers closets. Both bathrooms have been updated with granite vanities, new tile and rain showers. Enjoy the privacy of a wrap-around yard filled with fruit trees and a tranquil setting with mature trees at the back of the lot. Located near Lake Balboa Park, golf courses, walking and biking paths, and easy freeway access, this home offers the ideal blend of comfort and convenience. Don't miss out on the perfect blend of indoor-outdoor living in this suburban oasis the perfect place to call home! Buyer may be able to assume the existing mortgage at the amazing rate of 3.375%!

Nearby schools

6/10
Lemay Street Elementary School
Public,•K-5•0.1mi
5/10
Lemay Street Elementary School
Public,•K-5•0.2mi
3/10
Gault Street Elementary School
Public,•K-5•0.6mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.6mi
3/10
Gault Street Elementary School
Public,•K-5•0.7mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•0.7mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.7mi
7/10
Stagg Street Elementary School
Public,•K-5•1.3mi
6/10
Lorne Street Elementary School
Public,•K-5•1.6mi
5/10
Cantara Street Elementary School
Public,•K-5•1.8mi
3/10
Bassett Street Elementary School
Public,•PK-5•2.1mi
4/10
Bassett Street Elementary School
Public,•K-5•2.1mi
4/10
Sylvan Park Elementary School
Public,•K-5•3.0mi
9/10
Kester Avenue Elementary School
Public,•K-5•3.7mi
3/10
William Mulholland Middle School
Public,•6-8•0.4mi
5/10
William Mulholland Middle School
Public,•6-8•0.6mi
3/10
Northridge Middle School
Public,•6-8•2.2mi
2/10
Van Nuys Middle School
Public,•6-8•4.0mi
4/10
Reseda Senior High School
Public,•9-12•1.0mi
6/10
Van Nuys Senior High School
Public,•9-12•3.3mi
7/10
Northridge Academy High
Public,•9-12•3.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.6mi
Condition Rating
Excellent
Despite being built in 1956, this property has undergone an extensive and high-quality renovation, making it feel virtually new. The 'chef's kitchen' features modern two-tone cabinetry, quartz countertops, stainless steel appliances, and a farmhouse sink, all in pristine condition. Both bathrooms have been updated with granite vanities, new tile, and rain showers, reflecting contemporary style and functionality. The home also boasts new hardwood floors, recessed lighting, dual-pane windows, central A/C, and upgraded plumbing, indicating that all major components are new or recently updated to current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8002, living area = 1662.
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Exceptional Financing Opportunity: The rare opportunity for a buyer to assume an existing mortgage at an 'amazing rate of 3.375%' provides a significant financial advantage in the current market.
Premium Location & Privacy: Situated at the end of a quiet cul-de-sac in a desirable Lake Balboa neighborhood, offering enhanced privacy and tranquility, coupled with convenient access to local amenities and freeways.
Extensively Updated Interior: The home features a modern chef's kitchen with quartz countertops, fully updated bathrooms with granite vanities and rain showers, new hardwood floors, recessed lighting, dual-pane windows, central A/C, and upgraded plumbing.
Spacious & Landscaped Lot with Potential: An 8,002 SQFT lot provides ample outdoor space, including a private wrap-around yard with mature trees and fruit trees, and significant potential for adding a pool.
Functional Single-Level Layout: A well-maintained, single-level 4-bedroom, 2-bathroom floor plan offers practical living, an open living room with a fireplace, and a formal dining area perfect for entertaining.

Cons

Significant Overpricing: The current list price of $1,149,000 is substantially higher than the property's estimated value of $722,006 and generally exceeds the recent sold prices of comparable homes in the immediate vicinity, indicating potential overvaluation.
Older Construction: Despite updates, the home's 1956 construction means the underlying infrastructure is nearly 70 years old, which could imply higher long-term maintenance costs or potential for unexpected repairs compared to newer builds.
No Existing Pool: While the lot size allows for a pool, the property currently lacks one, requiring a substantial additional investment and construction time for buyers who desire this amenity, especially when some comparable properties in the area already include a pool.

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