7027 Gloria Avenue, Lake Balboa, California 91406, Lake Balboa, 91406 - 3 bed, 2 bath
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Lake Balboa, California 91406
This Single Family Residence represents a Strong Value Opportunity, listed at $899,900—positioned well below the $965,349 Fair Market Value by 6%. This valuation gap provides $65,449 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes modern kitchen updates and a private pool. The corner lot offers significant ADU Conversion Potential, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a property with both immediate lifestyle appeal and long-term value-add capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7027 Gloria Avenue Subject | $899,900* List Price | 3 | 2 | 1,581 | $611 | - |
A 6455 Densmore Avenue Sold | $985,000 | 3 | 2 | 1,356 | $726 | 0.7 mi |
B 16421 Haynes Street Sold | $1,025,131 | 3 | 2 | 1,420 | $722 | 0.9 mi |
C 16201 Gilmore Street Sold | $1,060,000 | 3 | 2 | 1,684 | $629 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1958, the property shows clear evidence of a comprehensive renovation likely performed within the last 5-10 years. The kitchen is updated with white shaker cabinets, stone countertops, and stainless steel appliances. The interior features modern wide-plank flooring, recessed lighting, and updated fixtures throughout, making it move-in ready and well-maintained.
The property features a private backyard oasis with a sparkling pool, a highly sought-after amenity that enhances the Southern California lifestyle and entertaining potential.
The corner lot positioning provides excellent accessibility for converting the existing garage into an Accessory Dwelling Unit (ADU), offering significant value-add potential for rental income or guest housing.
Situated in a coveted neighborhood near parks, dining, and major commuter routes, the home benefits from strong demand and a central, accessible location.
With a lot size of 4,966 sqft, the inclusion of a pool leaves minimal remaining green space or yard area for other outdoor activities or gardening.
Built in 1958, the property may require capital improvements to major systems or cosmetic updates to meet modern standards, as the listing does not specify recent major renovations.
Entertainer’s Dream with Pool in coveted Lake Balboa! Welcome to this charming and well-located home offering comfort, functionality, and the ultimate Southern California lifestyle with your own private pool. Step inside to a bright and inviting interior filled with natural light, featuring a functional layout that flows seamlessly through the living, dining, and kitchen areas, perfect for both everyday living and entertaining. The living space provides a warm and welcoming atmosphere, ideal for relaxing or hosting guests. The true highlight of this home is the private backyard retreat, complete with a sparkling pool, perfect for cooling off on warm days, entertaining friends and family, or simply enjoying your own outdoor oasis. The home also offers comfortable bedrooms and versatile spaces to fit your lifestyle needs, whether it’s a home office, guest room, or creative space. Located on a corner of this retreat also offers the abilty to covert the garage to and ADU. Conveniently located near shopping, dining, parks, and major commuter routes, this Lake Balboa property offers both accessibility and lifestyle appeal. This is a fantastic opportunity to own a home with a pool in Los Angeles, schedule your private showing today and make it yours!
No exterior & parking available.
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 | 1,581 | 1,536 | 55% |
| Lot Size | 4,966 | 6,493 | 1% |
| Price | $899.9K | $890.0K | 56% |
| Price per sq ft | $569 | $598 | 42% |
| Built year | 1958 | 1950 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 137 | 2% |
May 28, 2026
$899,900
Initial Listing
Nov 13, 2020
$747,000
Public Record
Feb 27, 2014
$445,000
Public Record
Apr 4, 2011
$293,000
Public Record