7100 Balboa Boulevard 703, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 3 bath
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Van Nuys, California 91406
This Spacious Multi-Level Townhouse is a Prime Investment Opportunity, listed at $606,800—positioned well below the $621,530 Fair Market Value by 2%. This valuation gap provides $14,730 in Instant Equity for incoming buyers. Boasting a Good Condition Rating, the 1,580 sqft interior features engineered wood flooring, a modern kitchen with stainless steel appliances, and a primary suite with a Jacuzzi-style tub. With a private patio and City Lights view, this VA-approved home offers significant lifestyle value near Lake Balboa Park. It is perfectly suited for Owner-Occupants or first-time buyers seeking a turnkey, value-driven asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7100 Balboa Boulevard 703 Subject | $589,000* List Price | 2 | 3 | 1,580 | $373 | - |
A 7100 Balboa Boulevard 1003 Active | $535,000 List Price | 2 | 3 | 1,580 | $339 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with several modern updates. While built in 1980, it features newer stainless steel appliances, engineered wood flooring, and plantation shutters. The kitchen has been refreshed with a contemporary mosaic backsplash and painted cabinetry, and the primary suite includes updated features like a mini-split AC unit and a Jacuzzi-style tub. It falls into the 'good' category rather than 'excellent' because the core kitchen and bathroom structures (cabinets and floor tiles) appear to be older styles that have been updated rather than a full-scale recent renovation.
At 1,580 sqft, this three-level townhouse offers significantly more living space than typical two-bedroom units, featuring soaring ceilings and a primary suite with a dedicated office/sitting room.
The property is move-in ready with newer stainless steel appliances, engineered wood flooring, plantation shutters, and a primary bathroom equipped with a Jacuzzi-style tub and dual vanities.
Ideally situated minutes from Lake Balboa Park and Woodley Golf Course with seamless access to the 101 Freeway, offering a perfect balance of recreation and commuting convenience.
The monthly HOA fee of $652 is relatively high for this price point, which may impact buyer affordability and overall monthly carrying costs.
The assigned public schools for this location currently hold lower to average ratings (3 to 5), which could be a drawback for families prioritizing top-tier educational districts.
PRICE ADJUSTMENT! BIGGER AND BETTER THAN MOST! 2 BDRM/2.5BA TOWNHOUSE! Amazing 3-Level, 1,580 sqft home located in a Quiet and Secure Complex in Lake Balboa. This Home offers Privacy and Space - Unique! On the Ground Floor - find lots of Natural Light, Soaring Ceilings and a Great Room with Plantation Shutters, Engineered Wood Flooring, Fireplace, Kitchen, Dining Area and Patio. The Primo KITCHEN features Newer Stainless-Steel Appliances, dining area, balcony and Pantry. Up the stairs to the 3rd Level are the Primary and 2nd Bedrooms each with its own bathroom as well as a Laundry Room with Newer Washer and Dryer. HUGE Primary suite has its own mini-split AC unit, a Jacuzzi Style Tub, Dual Vanity Sinks and a Large Walk-In Shower - STUNNING! 2 large closets and an office/sitting room finishes this Masterpiece! BONUS! Oversized 2-Car Garage. VA APPROVED! Minutes from Lake Balboa Park and Woodley Golf Course. Easy access to the 101 Freeway for seamless connectivity throughout the 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 | 78% |
| Square foot | 1,580 | 1,075 | 89% |
| Lot Size | 149,411 | 49,421 | 89% |
| Price | $589.0K | $465.0K | 78% |
| Price per sq ft | $373 | $391 | 44% |
| Built year | 1980 | 1981 | 33% |
| HOA | $652.0 | $495 | 78% |
| Days on market | 69 | 217 | 33% |
Apr 18, 2026
$589,000
$606,800
-3% Price Drop
Initial Listing
Feb 12, 2026
$606,800
Initial Listing
Sep 22, 2020
$475,000
Public Record
Jul 13, 2012
$250,000
Public Record
Jun 4, 2002
$205,000
Public Record