
Van Nuys, California 91406
This Stunningly Upgraded Lake Balboa Residence is listed at $850,000, offering exceptional value right at its $850,000 Fair Market Value. Boasting an Excellent Condition Rating, the home features a remodeled gourmet kitchen with a high-end Wolf stove, granite countertops, and energy-efficient solar panels. The property includes a detached oversized garage with significant ADU conversion potential and a private patio for outdoor living. Located in the Los Angeles Unified district near Lake Balboa Park, this turnkey gem is a perfect fit for Owner-Occupants or growing families seeking a polished, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7503 Aqueduct Ave Subject | $850,000* List Price | 3 | 2 | 1,693 | $502 | - |
A 15409 Wyandotte Street Sold | $1,035,000 | 3 | 2 | 1,631 | $635 | 0.4 mi |
B 15354 Runnymede Street Sold | $865,000 | 4 | 2 | 1,774 | $488 | 0.3 mi |
C 6859 Langdon Avenue Sold | $925,000 | 3 | 2 | 1,578 | $586 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1948, this property has undergone extensive and recent renovations, including a newly remodeled gourmet kitchen with high-end Wolf appliances, new copper plumbing, an updated electrical panel, a new AC unit, tankless water heater, and newly installed solar panels. The bathrooms also appear recently updated with modern fixtures. These comprehensive upgrades bring the property to a virtually new standard, meeting current quality standards with no deferred maintenance.
The property boasts significant recent upgrades including newly installed solar panels, a new AC unit, copper plumbing, an updated electrical panel, a tankless water heater, and dual-pane tinted windows, ensuring energy efficiency and reduced maintenance.
Features a newly remodeled gourmet kitchen with granite countertops, custom cabinetry, and a high-end Wolf stove, providing a modern and functional space for cooking and entertaining.
The detached oversized two-car garage, coupled with alley access, offers an excellent opportunity for an Accessory Dwelling Unit (ADU) conversion, providing potential for rental income or expanded living space.
Built in 1948, despite numerous modern upgrades, the core structure is older, which may lead to concerns about other age-related issues not explicitly addressed or require further modernization in areas not mentioned as updated.
While offering 'two separate outdoor spaces' and a 'large cemented area ready to be transformed,' these areas are currently undeveloped, requiring additional investment and vision from the buyer to realize their full potential.
Located in Van Nuys, while offering convenient freeway access, the neighborhood may not carry the same prestige or perceived value as some other Los Angeles areas, potentially influencing long-term appreciation or buyer appeal for certain demographics.
PRICE REDUCTION!!! Nestled on a desirable corner lot, this stunning residence offers 1,693 sqft of bright, open living space on a generous 6,785 sqft lot. Step inside to discover a spacious, thoughtfully designed layout featuring 3 bedrooms and 2 bathrooms. At the heart of the home lies a newly remodeled gourmet kitchen, complete with granite countertops, custom cabinetry, and a show-stopping Wolf stove—perfect for any home chef. A recently added 457 sqft of living space enhances the open-concept design, creating an inviting area ideal for entertaining or relaxing by the fireplace. This home is energy-efficient, featuring newly installed solar panels that help keep utility costs low while you enjoy year-round California sunshine. Major system upgrades include new copper plumbing, an updated electrical panel, a tankless water heater, and a new AC unit. Additional highlights include dual-pane tinted windows, custom shutters, and a modern security system to ensure both comfort and peace of mind. The exterior is equally impressive, featuring a gated, lush front yard, a two-car driveway, and a detached oversized two-car garage—offering the perfect opportunity for an ADU conversion. Enjoy two separate outdoor spaces ideal for lounging, entertaining, or creating your own private retreat. The property also includes alley access and a large cemented area, ready to be transformed into your dream outdoor setup. Located just minutes from the 405 and 101 freeways and close to the Orange Line, this home provides easy access to everything Los Angeles has to offer. You’re also just moments away from Lake Balboa Park, local golf courses, and the Van Nuys Airport. Don’t miss the chance to make this beautifully upgraded Lake Balboa gem your new home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,693 | 1,508 | 63% |
| Lot Size | 6,785 | 6,638 | 61% |
| Price | $850.0K | $882.0K | 38% |
| Price per sq ft | $502 | $607 | 19% |
| Built year | 1948 | 1950 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 165 | 160 | 54% |
Feb 3, 2026
$850,000
$875,000
-3% Price Drop
Initial Listing
Nov 8, 2025
$875,000
Initial Listing
Jan 28, 1998
$126,500
Public Record