7113 Encino Avenue, Lake Balboa, California 91406, Lake Balboa, 91406 - 3 bed, 2 bath
7113 Encino Avenue
Lake Balboa, California 91406
Property Price
SUMMARY
Analysis of 7113 Encino Avenue, Lake Balboa, California 91406 reveals a Fairly Priced Property with a current list price of $956,990 aligned with the estimated $959,097 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lake Balboa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7113 Encino Avenue Subject | $956,990* List Price | 3 | 2 | 1,624 | $591 | - |
A 7028 Encino Sold | $965,250 | 3 | 2 | 1,578 | $612 | 0.1 mi |
B 7001 Jellico Avenue Sold | $885,000 | 3 | 3 | 1,509 | $586 | 0.2 mi |
C 7656 Oak Park Sold | $895,000 | 3 | 2 | 1,656 | $540 | 0.9 mi |
D 17232 Elkwood Sold | $855,000 | 3 | 2 | 1,772 | $483 | 0.9 mi |
E 7752 Ostrom Avenue Sold | $850,000 | 3 | 2 | 1,342 | $633 | 0.9 mi |
F 16931 Gault Street Sold | $940,000 | 3 | 2 | 1,383 | $680 | 0.7 mi |
G 6914 Andasol Active Under Contract | $1,025,000 List Price | 4 | 2 | 1,701 | $603 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1951, has undergone significant recent updates, including a brand-new HVAC system and solar panels, which are major system upgrades. The kitchen is remodeled with granite countertops and stainless steel appliances, and one of the two bathrooms has been extensively renovated with modern finishes. Hardwood floors and smooth ceilings are present throughout the main living areas. While the second bathroom appears dated in style and there is an unpermitted garage conversion, the home is largely move-in ready with essential systems updated or new, indicating a 'Good' overall condition.
PROSSTRENGTHS & OPPORTUNITIES
- 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 & New HVAC
The home boasts 'modern upgrades' and a 'brand-new HVAC less than a month, Condenser and ducting,' ensuring comfort and reduced immediate maintenance concerns.
CONSRISKS & DEFICIENCIES
- 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 'Garage conversion with no permit' presents potential legal, insurance, and resale challenges, and may require remediation or legalization by the new owner.
- Age of Original Structure
Built in 1951, despite recent updates, the underlying structure and other systems (e.g., plumbing, electrical beyond HVAC) may still be original or require further inspection/upgrades.
About 7113 Encino Avenue
Huge price adjustment!! 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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 8,777 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Balboa Unified Schools
Anatola Avenue Elementary School
Grades K-5 • 0.3 mi
Anatola Avenue Elementary School
Grades K-5 • 0.3 mi
Lemay Street Elementary School
Grades K-5 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,624 | 1,509 | 58% |
| Lot Size | 8,777 | 6,550 | 86% |
| Price | $957.0K | $875.0K | 67% |
| Price per sq ft | $589 | $608 | 46% |
| Built year | 1951 | 1950 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 164 | 6% |
Pricing History
Listed for Sale
Jan 21, 2026
$956,990
$999,980
-4% Price Drop
Initial Listing
Price Change
Jan 9, 2026
$999,980
Initial Listing
Sold
Nov 20, 2007
$498,000
Public Record
Sold
Jul 12, 2004
$435,000
Public Record
Sold
Dec 7, 1995
$139,000
Public Record