7113 Encino Avenue, Lake Balboa, California 91406, Lake Balboa, 91406 - 3 bed, 2 bath
ACTIVE$999,980$1,624/sqft
Est. Value: $989,751
-1%
FairlyEstimate
7113 Encino Avenue, Lake Balboa, California 91406
3Beds
2Baths
1,624Sqft
8,777Lot
Price Vs. Estimate
The estimated value ($989,750.86) is $10,229.14 (1%) lower than the list price ($999,980). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8777, living area = 1624.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1624, other record living area = 1674.
Compared to the nearby listings
Price:$1000.0K vs avg $879.0K (+$120,980)72%
Size:1,624 sqft vs avg 1,481 sqft60%
Price/sqft:$616 vs avg $61250%
More Insights
Built in 1951 (75 years old).
Condition: This property, built in 1951, has undergone significant and recent updates that elevate its condition to 'Good'. The description highlights a 'remodeled kitchen' with granite countertops and custom white cabinets, which is confirmed by images showing modern stainless steel appliances and a clean, contemporary aesthetic. One bathroom is fully updated with modern tiling, vanity, and fixtures, presenting an excellent condition. Key system updates include a brand new HVAC system (less than a month old) and a solar system, indicating a well-maintained and energy-efficient home. Hardwood floors throughout the main living areas and bedrooms are in good condition, and ceilings are smooth. While the second bathroom appears dated with green tiles and an older vanity, and the original structure is from 1951, the extensive recent renovations to major components and visible areas make the property move-in ready with no immediate critical renovations required. The unpermitted garage conversion is a functional concern but does not detract from the physical condition of the main living spaces.
Year Built
1951
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
$616
HOA
-
Days on market
-
Sold On
-
MLS number
SR26003296
Home ConditionGood
Features
ViewNeighborhood
About this home
Welcome to your ideal family home in the heart of Lake Balboa. This charming and beautifully 3-bedroom 2-bathroom home is perfect for family living, offering comfort, functionality, and a fantastic location. The spacious open floor plan seamlessly connects the living and dining area, making it easy to host family gathering. Step inside find gleaming hardwood floors that add warmth and charm throughout. Smooth ceiling, cozy granite fireplace, natural light fills the open concept living space. The remodeled kitchen is both refined and functional, featuring granite countertop and custom white cabinets all opening to the dining area for easy hosting and convenience. Step outside to your own private retreat with patio, perfect for outdoor entertaining. This move-in ready home truly has is all-modern upgrades, Solar system, expanded Bonus room perfect for office or gym. Garage conversion with no permit. Don't miss the opportunity to make this wonderful home your own!! This home also features recent system updates, including a brand new HVAC less than a month, Condenser and ducting. This perfectly positioned home on a large 8,777 flat lot in the highly sought-after Lake Balboa neighborhood, close to parks, restaurants, shopping, and commuter routes, this home offers the best of comfort, style, and location.
J
Jenia Cohenrad
Listing Agent
Nearby schools
3/10
Anatola Avenue Elementary School
Public,•K-5•0.3mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.3mi
6/10
Lemay Street Elementary School
Public,•K-5•0.4mi
5/10
Lemay Street Elementary School
Public,•K-5•0.5mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•0.6mi
3/10
Gault Street Elementary School
Public,•K-5•0.6mi
3/10
Gault Street Elementary School
Public,•K-5•0.6mi
7/10
Stagg Street Elementary School
Public,•K-5•1.0mi
6/10
Lorne Street Elementary School
Public,•K-5•1.2mi
5/10
Cantara Street Elementary School
Public,•K-5•1.5mi
3/10
Bassett Street Elementary School
Public,•PK-5•2.2mi
4/10
Bassett Street Elementary School
Public,•K-5•2.2mi
4/10
Sylvan Park Elementary School
Public,•K-5•3.2mi
9/10
Kester Avenue Elementary School
Public,•K-5•3.9mi
3/10
William Mulholland Middle School
Public,•6-8•0.6mi
5/10
William Mulholland Middle School
Public,•6-8•0.9mi
3/10
Northridge Middle School
Public,•6-8•1.8mi
2/10
Van Nuys Middle School
Public,•6-8•4.2mi
4/10
Reseda Senior High School
Public,•9-12•1.1mi
7/10
Northridge Academy High
Public,•9-12•3.2mi
6/10
Van Nuys Senior High School
Public,•9-12•3.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.2mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.2mi
Price History
Date
Event
Price
12/07/95
Sold
$139,000
11/20/07
Sold
$498,000
07/12/04
Sold
$435,000
Condition Rating
Good
This property, built in 1951, has undergone significant and recent updates that elevate its condition to 'Good'. The description highlights a 'remodeled kitchen' with granite countertops and custom white cabinets, which is confirmed by images showing modern stainless steel appliances and a clean, contemporary aesthetic. One bathroom is fully updated with modern tiling, vanity, and fixtures, presenting an excellent condition. Key system updates include a brand new HVAC system (less than a month old) and a solar system, indicating a well-maintained and energy-efficient home. Hardwood floors throughout the main living areas and bedrooms are in good condition, and ceilings are smooth. While the second bathroom appears dated with green tiles and an older vanity, and the original structure is from 1951, the extensive recent renovations to major components and visible areas make the property move-in ready with no immediate critical renovations required. The unpermitted garage conversion is a functional concern but does not detract from the physical condition of the main living spaces.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8777, living area = 1624.
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Extensive Modern Upgrades & Systems: The property boasts a remodeled kitchen, gleaming hardwood floors, smooth ceilings, and critical recent system updates including a brand new HVAC system and a solar system, making it move-in ready and energy-efficient.
Desirable Location & Large Lot: Situated in the highly sought-after Lake Balboa neighborhood on a spacious 8,777 sqft flat lot, offering proximity to parks, dining, shopping, and commuter routes.
Functional Open Concept Living: Features a spacious open floor plan that seamlessly connects living and dining areas, enhanced by natural light and a cozy granite fireplace, ideal for family gatherings.
Versatile Bonus Space: Includes an expanded bonus room, providing flexible space perfect for a home office or gym, adding significant utility to the home.
Private Outdoor Entertainment: A private patio area offers an excellent space for outdoor entertaining and relaxation.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1624, other record living area = 1674.
Unpermitted Garage Conversion: The property includes a garage conversion that lacks permits, which could pose legal, insurance, and resale challenges, potentially requiring future remediation or legalization.
Age of Original Structure: Built in 1951, the home's underlying structure is over 70 years old. While updated, this age might imply potential for older infrastructure components not explicitly mentioned as replaced, or require specific inspections.
Mixed School Performance: While some nearby schools have good ratings, several elementary and middle schools in the immediate vicinity show average to lower ratings, which could be a consideration for families prioritizing top-tier public education.