
Lake Balboa, California 91406
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $849,000—positioned well above the $808,507 Fair Market Value by -5%. Featuring a Condition Rating of 5, the property requires a comprehensive rehab to modernize its 1956 vintage interior. Key assets include a sparkling pool, a versatile converted garage, and proximity to Los Angeles Unified schools. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to unlock value through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7007 Whitaker Subject | $849,000* List Price | 3 | 2 | 1,632 | $532 | - |
A 16620 Hamlin Street Sold | $925,000 | 3 | 2 | 1,504 | $615 | 0.7 mi |
B 7038 Mclennan Avenue Sold | $765,000 | 3 | 2 | 1,887 | $405 | 0.1 mi |
C 17347 Sherman Way Sold | $745,000 | 3 | 1 | 1,245 | $598 | 0.8 mi |
D 6555 De Celis Place Sold | $685,000 | 3 | 1 | 1,124 | $609 | 0.6 mi |
E 6447 Forbes Avenue Sold | $870,000 | 3 | 2 | 1,425 | $611 | 0.7 mi |
F 16638 Wyandotte Pending | $699,999 List Price | 3 | 2 | 1,780 | $393 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956, the property features an original knotty pine kitchen and vintage appliances that are nearly 70 years old. The presence of window AC units suggests a lack of modern central HVAC systems, and the overall interior, including worn flooring and dated finishes, indicates the home is in need of a comprehensive rehab.
Elementary School: Kester Avenue Elementary School (9/10).
The property features a sparkling pool and expansive lounging areas, offering a private retreat perfect for outdoor entertaining and summer dining.
A converted garage with an updated bathroom provides flexible square footage that can easily serve as a primary suite, home office, or creative studio.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6688, other record lot size in square feet = 6751. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The kitchen retains its original 1950s knotty pine cabinetry and vintage appliances, which may necessitate a significant budget for modern upgrades.
Because the garage has been converted into living space, the property lacks secure, enclosed vehicle storage, providing only a carport for covered parking.
7007 Whitaker Ave is a bright and soulful retreat nestled in the vibrant heart of Lake Balboa. Brimming with character and lovingly cared for, this residence offers a perfect blend of classic charm and untapped potential, ready for its next chapter. The interior immediately draws you in with an inviting, sun-drenched living area anchored by a cozy fireplace, creating the ultimate backdrop for evening relaxation or hosting friends. Recessed lighting adds a modern touch to the space, and two sliding glass doors give you a beautiful view of the backyard pool. The kitchen offers the original knotty pine cabinetry, vintage oven and hood. A hallway leads you to two comfortable bedrooms featuring wood laminate flooring and a well-appointed hall bathroom. One of the standout features of this home is the versatile converted garage with updated bathroom. Currently serving as a spacious den, this flexible area offers endless possibilities. Whether you envision a generous primary suite, a dedicated home office, or a creative studio, the footprint is there to bring your vision to life. Step outside to discover a true backyard oasis. The sparkling pool takes center stage, surrounded by plenty of room for lounging, summer dining, or quiet morning coffee. Plenty of storage spaces include a shed and also storage cabinets along the front of the home, under the carport. Located moments from the local parks, trails and outdoor recreation of Lake Balboa. Bring your imagination and discover the lifestyle waiting for you at 7007 Whitaker Ave.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,632 | 1,803 |
| Lot Size | 6,688 | 6,372 |
| Price | $849.0K | $891.7K |
| Price per sq ft | $520 | $616 |
| Built year | 1956 | 1952 |
| HOA | $0 | $0 |
| Days on market | 36 | 47 |
Jun 16, 2026
$849,000
Initial Listing