6929 Shoshone, Lake Balboa, California 91406, Lake Balboa, 91406 - 5 bed, 3 bath
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This Upgraded Multi-Unit Residence is listed at $1,295,000, representing a stable valuation for a high-utility asset relative to its $1,226,548 Fair Market Value. Boasting an Excellent Condition Rating, the property features a Permitted Detached ADU with a separate address and meter, offering significant rental income potential to offset the mortgage. Modern infrastructure includes EV Charging Capability, upgraded electrical panels, and a Modern Open Floor Plan. Located near the 9/10 rated Kester Avenue Elementary, this home combines lifestyle perks like a Private Jacuzzi with financial flexibility. It is perfectly suited for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6929 Shoshone Subject | $1,295,000* List Price | 5 | 3 | 2,168 | $566 | - |
A 6941 Louise Avenue Sold | $965,000 | 3 | 2 | 1,836 | $526 | 0.4 mi |
B 7018 Aldea Avenue Sold | $1,150,000 | 4 | 2 | 2,123 | $542 | 0.5 mi |
C 6914 Andasol Sold | $1,025,000 | 4 | 2 | 1,701 | $603 | 0.3 mi |
D 7113 Encino Avenue Sold | $930,000 | 3 | 2 | 1,624 | $573 | 0.3 mi |
E 17048 Sherman Way Sold | $1,125,000 | 4 | 3 | 2,162 | $520 | 0.7 mi |
F 17065 Cantlay Sold | $1,380,000 | 4 | 3 | 2,601 | $531 | 0.8 mi |
G 6902 Lasaine Avenue Active | $1,169,000 List Price | 3 | 2 | 2,032 | $575 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1949, the property is described as 'beautifully upgraded' with a modern open floor plan and a newly permitted detached ADU. Key systems have been modernized, including a 150-amp panel with EV charging for the main house and a 200-amp panel for the ADU, along with split AC units. These high-end renovations and the addition of the ADU indicate the property has undergone a comprehensive update within the last 5 years.
Elementary School: Kester Avenue Elementary School (9/10).
The property features a fully permitted, detached 2-bedroom ADU with its own address and separate electric meter, offering significant rental income potential or a private multi-generational living setup.
Equipped with upgraded electrical systems including a 150-amp panel with EV charging for the main house and a 200-amp panel for the ADU, catering to modern energy demands.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2168, other record living area = 1696. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
While some elementary options are rated well, the assigned middle school has a low rating of 2, which may be a deterrent for families prioritizing public education quality.
With the original main house dating back to 1949, buyers should anticipate the typical maintenance requirements and potential hidden costs associated with a 75-year-old property.
Lake Balboa Home + Permitted Detached ADU | Live Here & Generate Income Beautifully upgraded 3-bedroom, 2-bath home plus a fully permitted detached ADU with its own separate address (6927 Shoshone Ave) and dedicated electric meter. Priced at $1,295,000 in the highly desirable Lake Balboa neighborhood. The main house features a bright, open floor plan filled with natural light, three French doors opening to the backyard, a spacious family room, den, dining area, and laundry room. The detached ADU provides excellent flexibility with 2 bedrooms, 1 bath, full kitchen, two split AC units, and its own private yard. Approximate total living space is 2,168 sq ft. Ideal for owner-occupants seeking rental income to offset the mortgage, multi-generational living, or investors. Enjoy a private backyard oasis with a jacuzzi and mature grapefruit tree. Electrical systems are upgraded: 150-amp panel with EV charging capability for the main house and a 200-amp panel for the ADU. It is conveniently \located minutes from Lake Balboa Park, the 101 and 405 freeways, shopping, and dining. Buyer to verify all permits, square footage, and allowable uses.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,168 | 1,508 | 82% |
| Lot Size | 8,062 | 6,638 | 76% |
| Price | $1.29M | $885.0K | 94% |
| Price per sq ft | $597 | $607 | 47% |
| Built year | 1949 | 1950 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 160 | 1% |
Apr 20, 2026
$1,295,000
Initial Listing
Jan 29, 2015
$472,000
Public Record
Oct 14, 2004
$431,500
Public Record