7426 Leescott Avenue, Lake Balboa, California 91406, Lake Balboa, 91406 - 4 bed, 4 bath
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Lake Balboa, California 91406
This Dual-Residence Income Property represents a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,147,861 Fair Market Value by 8%. This valuation gap provides $97,861 in Instant Equity. Built in 2020, the property maintains an Excellent Condition Rating, featuring modern designer finishes, independent utility meters, and a private fire pit. With its versatile layout, this asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking for a sophisticated, turnkey multigenerational living solution.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7426 Leescott Avenue Subject | $1,150,000* List Price | 4 | 4 | 2,200 | $543 | - |
A 17065 Cantlay Sold | $1,380,000 | 4 | 3 | 2,601 | $531 | 0.2 mi |
B 16729 Archwood Sold | $965,000 | 3 | 3 | 1,803 | $535 | 0.9 mi |
C 17200 Willard Sold | $1,095,000 | 3 | 3 | 2,016 | $543 | 0.9 mi |
D 6902 Lasaine Avenue Sold | $1,169,000 | 3 | 2 | 2,032 | $575 | 0.8 mi |
E 17419 Leadwell Sold | $882,000 | 4 | 2 | 1,848 | $477 | 0.5 mi |
F 17008 Hartland St Sold | $920,000 | 4 | 2 | 1,507 | $610 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is less than 10 years old and in mint condition. It features modern designer kitchens and bathrooms, state-of-the-art HVAC systems, tankless water heaters, and updated plumbing/electrical, requiring no maintenance.
Elementary School: Kester Avenue Elementary School (9/10).
The property features two separate, modern homes on a single lot, providing a rare opportunity for high-yield rental income or a perfect setup for multigenerational living.
Built in 2020, both units offer contemporary peace of mind with independent gas/electric meters, tankless water heaters, and state-of-the-art HVAC systems.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2200, other record living area = 2088.
Several nearby schools, particularly at the middle school level, have lower performance ratings, which may be a drawback for families prioritizing top-tier public education.
With two full residences and separate backyards situated on a 6,373 sqft lot, the outdoor space may feel compact compared to traditional single-family properties in the area.
Welcome to 7426 & 7428 Leescott Avenue — a rare and remarkable opportunity to own two beautifully appointed residences on a single lot, perfectly positioned in one of the Valley's most sought-after neighborhoods. Whether you envision a luxurious multigenerational retreat or a savvy income-generating investment, this stunning property delivers on every level. The main residence is a masterfully designed three-bedroom, two-and-a-half bath home where thoughtful craftsmanship and refined finishes create an atmosphere of effortless elegance. The expansive living spaces flow seamlessly from room to room, offering the perfect canvas for both relaxed family living and sophisticated entertaining. Step outside to a captivating private outdoor retreat, where a beautifully appointed fire pit sets the stage for unforgettable evenings beneath the open sky. The guest house is equally impressive, offering a self-contained one-bedroom, one-bath sanctuary complete with a fully equipped kitchen, dedicated laundry space, and its own private backyard — an ideal haven for guests, extended family, or a premium rental that generates exceptional income. Both residences have been meticulously curated from the ground up, with newer flooring, windows, and doors, designer lighting fixtures, and stunningly updated kitchens and bathrooms that exude modern luxury at every turn. The thoughtful upgrades continue with fully independent gas and electric meters for each unit, state-of-the-art HVAC systems, comprehensive plumbing upgrades, and energy-efficient tankless water heaters — delivering year-round comfort, efficiency, and complete peace of mind.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,200 | 1,803 |
| Lot Size | 6,373 | 6,372 |
| Price | $1.15M | $891.7K |
| Price per sq ft | $523 | $616 |
| Built year | 2020 | 1952 |
| HOA | $0 | $0 |
| Days on market | 42 | 47 |
Jul 10, 2026
$1,150,000
$1,050,000
+10% Price Increase
Initial Listing
Jun 10, 2026
$1,050,000
Initial Listing
Nov 9, 2020
$1,050,000
Public Record
Jul 17, 2015
$308,000
Public Record