7231 Balboa Boulevard A, Van Nuys, California 91406, Van Nuys, 91406 - 4 bed, 3 bath

7231 Balboa Boulevard A, Van Nuys, California 91406 home-pic-0
ACTIVE$649,000$1,741/sqft
Est. Value: $649,000
%
FairlyEstimate
7231 Balboa Boulevard A, Van Nuys, California 91406
4Beds
3Baths
1,741Sqft
59,507Lot

Price Vs. Estimate

The estimated value ($649,000) is $0 (0%) lower than the list price ($649,000). This property may be overpriced.

Key pros and cons

Top Pros:
Versatile 4-Bedroom Layout: The property, though titled as 3 bedrooms, is currently utilized as a 4-bedroom, providing excellent flexibility for a home office, guest space, or growing family needs.
Top Cons:
Additional Parking Not Included: The HOA-assigned parking space does not convey with the sale, requiring the buyer to arrange and pay for its use separately with the HOA.

Compared to the nearby listings

Price:$649.0K vs avg $875.0K ($-226,000)6%
Size:1,741 sqft vs avg 1,481 sqft69%
Price/sqft:$373 vs avg $6113%

More Insights

Built in 1980 (46 years old).
Condition: Built in 1980, this townhome has received significant and tasteful updates, particularly in the kitchen and powder room, which feature modern cabinets, stainless steel appliances, subway tile, and contemporary fixtures. The downstairs boasts attractive wood-look tile flooring and recessed lighting. While the full bathroom's tile work appears older and the upstairs retains carpeting, the property is move-in ready with no immediate renovation required, aligning with a 'Good' condition rating due to its extensive renovations within the last 5-15 years, despite some components not being fully updated.
Year Built
1980
Close
-
List price
$649K
Original List price
$669K
Price/Sqft
$373
HOA
$616
Days on market
-
Sold On
-
MLS number
225004449
Home ConditionGood
Features
Deck
Patio
View-

About this home

Welcome to this updated and versatile Lake Balboa Townhome! Title shows 3 bedrooms, but it's currently enjoyed as a 4-bedroom, offering flexibility for a home office, guest space, or extra room for the family.Inside, you'll find tasteful upgrades including wood-look tile flooring downstairs, scraped ceilings, recessed lighting, and a light, bright, and spacious kitchen. The open floor plan flows to a private balcony and patio, perfect for morning coffee or evening relaxation.The oversized 2-car garage is a rare bonus--easily fits two cars with room to walk between, access storage, and handle laundry.Please note: the additional HOA-assigned parking space does not convey with the sale. The buyer must contact the HOA directly to arrange and pay for use of that space if desired.Conveniently located in Lake Balboa, this Townhome offers easy access to schools, parks, shopping, dining, and freeways--combining comfort, style, and convenience in a desirable community.

J
Joshua Jablonski
Listing Agent

Nearby schools

3/10
Gault Street Elementary School
Public,K-50.2mi
3/10
Gault Street Elementary School
Public,K-50.3mi
3/10
Anatola Avenue Elementary School
Public,K-50.7mi
3/10
Anatola Avenue Elementary School
Public,K-50.7mi
7/10
Stagg Street Elementary School
Public,K-50.7mi
6/10
Lemay Street Elementary School
Public,K-50.9mi
5/10
Lemay Street Elementary School
Public,K-51.0mi
6/10
Lorne Street Elementary School
Public,K-51.2mi
3/10
Bertrand Avenue Elementary School
Public,K-51.3mi
3/10
Bassett Street Elementary School
Public,PK-51.5mi
4/10
Bassett Street Elementary School
Public,K-51.5mi
5/10
Cantara Street Elementary School
Public,K-51.7mi
4/10
Sylvan Park Elementary School
Public,K-52.6mi
9/10
Kester Avenue Elementary School
Public,K-53.5mi
3/10
William Mulholland Middle School
Public,6-80.6mi
5/10
William Mulholland Middle School
Public,6-80.9mi
3/10
Northridge Middle School
Public,6-82.0mi
2/10
Van Nuys Middle School
Public,6-83.7mi
4/10
Reseda Senior High School
Public,9-121.8mi
6/10
Van Nuys Senior High School
Public,9-122.8mi
7/10
Northridge Academy High
Public,9-123.2mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.0mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.0mi
Condition Rating
Good

Built in 1980, this townhome has received significant and tasteful updates, particularly in the kitchen and powder room, which feature modern cabinets, stainless steel appliances, subway tile, and contemporary fixtures. The downstairs boasts attractive wood-look tile flooring and recessed lighting. While the full bathroom's tile work appears older and the upstairs retains carpeting, the property is move-in ready with no immediate renovation required, aligning with a 'Good' condition rating due to its extensive renovations within the last 5-15 years, despite some components not being fully updated.
Pros & Cons

Pros

Versatile 4-Bedroom Layout: The property, though titled as 3 bedrooms, is currently utilized as a 4-bedroom, providing excellent flexibility for a home office, guest space, or growing family needs.
Modern Interior Upgrades: Tasteful updates include wood-look tile flooring downstairs, scraped ceilings, recessed lighting, and a light, bright, and spacious kitchen, enhancing its contemporary appeal.
Private Outdoor Living Spaces: The open floor plan extends to a private balcony and patio, offering dedicated outdoor areas for relaxation and enjoyment.
Exceptional Garage Utility: A rare oversized 2-car garage provides ample space for vehicles, additional storage, and convenient in-garage laundry facilities.
Prime Lake Balboa Location: Conveniently situated in Lake Balboa, offering easy access to schools, parks, shopping, dining, and major freeways, combining comfort and accessibility.

Cons

Additional Parking Not Included: The HOA-assigned parking space does not convey with the sale, requiring the buyer to arrange and pay for its use separately with the HOA.
Substantial HOA Fees: The monthly association fee of $616.00 is relatively high, which will add a significant recurring cost to homeownership.
Older Building Structure: Built in 1980, the property's age, despite interior updates, may imply potential for older core systems or infrastructure that could require future maintenance or upgrades.
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