7100 Balboa Boulevard 702, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 3 bath
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Van Nuys, California 91406
This Stunning Move-In Ready Townhome is a High-Potential Investment Opportunity, listed at $615,000—positioned well below the $730,266 Fair Market Value by 15%. This valuation gap offers $115,266 in Instant Equity. Featuring a Mint Condition Rating with a high-end custom kitchen and soaring ceilings, this property requires no immediate work. Located near Lake Balboa Park with resort-style pool and spa amenities, it offers a premium lifestyle. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7100 Balboa Boulevard 702 Subject | $615,000* List Price | 2 | 3 | 1,580 | $462 | - |
A 6540 Hayvenhurst Avenue 3 Active | $574,000 List Price | 2 | 3 | 1,281 | $448 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1980, the property has undergone a comprehensive high-end renovation within the last 5 years. Features include a completely updated custom kitchen with premium appliances, modern engineered wood flooring, updated bathrooms, and a newer Bosch HVAC system, placing it in mint, move-in condition.
The kitchen features high-end custom cabinetry with built-in organizers, premium appliances, and a gunmetal sink, offering a modern and highly functional culinary experience.
The primary bedroom includes soaring ceilings and a versatile bonus area suitable for a home office or custom closet, providing rare flexibility and space in a townhome layout.
Situated near Lake Balboa Park and major freeways (101 and 405), the property offers excellent access to outdoor recreation and seamless commuting options throughout Los Angeles.
The monthly association fee of $652 is relatively high for the area, which may impact the overall affordability and monthly carrying costs for potential buyers.
The assigned elementary and middle schools currently hold lower performance ratings (3-5), which could be a drawback for families prioritizing top-tier public education.
FALL IN LOVE with this stunning 2-bedroom, 2.5-bathroom townhome located in a quiet and secure complex in Lake Balboa. The split-level layout offers 1,580 sq. ft. of maximum privacy, space, and functionality. DO YOU LOVE HIGH CEILINGS? Be amazed by the soaring ceilings and abundant natural light in the main living room, featuring custom barn doors, elegant engineered wood flooring, and a cozy fireplace perfect for relaxing. DO YOU LOVE ORGANIZATION? The custom kitchen has been completely updated with high-end, built-in cabinet organizers, including a slide-out pot rack, pull-out shelves, and touch-latch bottom drawers. Premium glass upper cabinets, a pantry pocket door, a sleek gunmetal sink, and matching high-end appliances complete this primo culinary space. DO YOU LOVE A HUGE PRIMARY SUITE? Head upstairs to find the spacious primary suite, featuring soaring ceilings and a bonus area perfect for a home office or an expanded custom closet. Dual vanity sinks, a separate soaking tub, and a standalone shower complete this masterpiece. The second bedroom also features its own private en-suite bathroom! For ultimate convenience, the dedicated laundry room with a newer washer and dryer is located on this upper bedroom level. BONUS: The oversized 2-car attached garage comes fully equipped with custom built-in storage cabinets. RESORT-STYLE HOA AMENITIES: Residents of this secure, controlled-access community enjoy premium perks, including a sparkling pool and relaxing spa. LOVE THE LOCATION! You are just minutes away from the pristine fairways of the Encino / Woodley Lakes Golf Course and the gorgeous walking trails of Lake Balboa Park. LOVE TO EAT? You are close to Ventura Blvd's renowned restaurants, artisan gelato shops, bakeries, and boutiques. Need to commute? Enjoy effortless access to the 101 and 405 freeways for seamless connectivity throughout the greater Los Angeles area.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.2 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,580 | 968.5 | 80% |
| Lot Size | 149,411 | 61,531.5 | 80% |
| Price | $615.0K | $432.5K | 90% |
| Price per sq ft | $389 | $390 | 50% |
| Built year | 1980 | 1980 | 50% |
| HOA | $652.0 | $508 | 80% |
| Days on market | 25 | 149 | 10% |
May 19, 2026
$615,000
Initial Listing
Jun 11, 2021
$535,000
Public Record
May 16, 2019
$455,000
Public Record
Aug 16, 2005
$325,000
Public Record