
Lake Balboa, California 91406
This Turnkey Single-Family Residence is a High-Potential Investment Opportunity, listed at $1,099,777—positioned well above the $1,042,461 Fair Market Value by -5%. Featuring an Excellent Condition Rating with a custom white oak kitchen, new HVAC, and a 340 sq. ft. bonus room, the property offers significant ADU potential in an Opportunity Zone. Its modern infrastructure and versatile layout provide immediate lifestyle value. This is an ideal acquisition for Owner-Occupants seeking a move-in ready home or Buy-and-Hold Investors targeting long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7446 Dempsey Avenue Subject | $1,199,000* List Price | 4 | 2 | 1,579 | $681 | - |
A 7027 Gloria Avenue Sold | $880,000 | 3 | 2 | 1,581 | $557 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end remodel within the last 5 years. It features a brand-new custom white oak kitchen with quartz countertops, fully updated modern bathrooms, and significant system upgrades including a new HVAC, 200-amp electrical panel, tankless water heater, and dual-pane windows.
The home features significant high-value upgrades including a brand-new HVAC system, an upgraded 200-amp electrical panel with an EV charger, a tankless water heater, and dual-pane windows, providing immediate move-in readiness and energy efficiency.
The interior boasts premium custom white oak cabinetry, quartz countertops, a 36-inch professional-grade gas range, and extra-wide Spanish-made flooring, offering a luxury aesthetic that stands out in the Lake Balboa market.
With a 340 sq. ft. permitted bonus room attached to a detached garage and situated in an Opportunity Zone with SB9 potential, the property offers a rare and versatile opportunity for an ADU conversion or further development.
The property was recently sold within the past year on 2026-05-21. The sold price is $730,000.00.
The fourth bedroom is currently integrated as a dining area to facilitate an open-concept flow; converting it back to a private bedroom may compromise the home's primary entertaining space and natural circulation.
The garage and primary parking are accessed via a rear alley rather than the street front, which can be a deterrent for buyers concerned with convenience, privacy, or neighborhood aesthetics.
Welcome to this beautifully remodeled Lake Balboa home, thoughtfully redesigned with quality finishes, modern comfort, and exceptional future potential. At the heart of the home is a stunning custom white oak kitchen featuring quartz countertops, abundant storage, a 36-inch gas range, large center island, and separate coffee bar. The open-concept layout flows seamlessly into the living room, creating an inviting space for everyday living and entertaining. The home is staged as 3 bedrooms with the 4th bedroom currently used as a dining room, opening directly to a tranquil patio and backyard. Easily convert it back to a bedroom or enjoy the flexibility as a dining or family room. The primary suite features an oversized walk-in shower with rainfall and wall-mounted showerheads, while both bathrooms showcase custom white oak double-sink vanities. Major upgrades include brand-new HVAC, upgraded 200-amp electrical panel, EV charger, tankless water heater, dual-pane windows, recessed lighting, and premium Spanish-made extra-wide flooring. Adding even more value is an approximately 340 sq. ft. permitted bonus/rec room attached to the detached 2-car garage, offering excellent ADU potential. The garage and gated 2-car driveway are conveniently accessed from the alley, while the 4th bedroom may offer additional JADU, there are many possibilities with LA County’s SB9 law & Opportunity Zone. Beautifully landscaped and minutes from Lake Balboa Park, golf courses, bike paths, shopping, dining, and major freeways, this home offers a rare combination of style, versatility, and long-term potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,579 | 1,696.1 |
| Lot Size | 6,201 | 6,687.7 |
| Price | $1.20M | $904.1K |
| Price per sq ft | $759 | $599 |
| Built year | 1949 | 1952 |
| HOA | $0 | $223 |
| Days on market | 47 | 50 |
Sep 2, 2026
$1,199,000
$1,099,777
+9% Price Increase
Initial Listing
Jul 24, 2026
$1,099,777
Initial Listing
May 21, 2026
$730,000
Public Record