7507 Oak Park Avenue, Lake Balboa, California 91406, Lake Balboa, 91406 - 2 bed, 1 bath
ACTIVE$728,000
7507 Oak Park Avenue, Lake Balboa, California 91406
2Beds
1Bath
862Sqft
6,326Lot
Year Built
1951
Close
-
List price
$728K
Original List price
$728K
Price/Sqft
$845
HOA
-
Days on market
-
Sold On
-
MLS number
25627537
Home ConditionFair
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,6 Pros. Rank: price - $728.0K(11th), sqft - 862(2th), beds - 2(14th), baths - 1(23th).
Located in one of Lake Balboa's most charming pockets, this home is the perfect starter, a great condo alternative, investment opportunity, or an ideal option for anyone looking to downsize. The residence features original hardwood floors, an inviting eat-in kitchen, and a living room with large windows overlooking the beautiful backyard, complete with mature citrus trees and blooming rose bushes. Two nicely appointed bedrooms and an attached garage add comfort and convenience. Move right in and enjoy, or take advantage of the excellent potential to expand and create your own jewel box retreat. Enjoy easy everyday living with proximity to shopping centers, coffee shops, and restaurants.
Nearby schools
7/10
Stagg Street Elementary School
Public,•K-5•0.4mi
3/10
Gault Street Elementary School
Public,•K-5•0.5mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.5mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.6mi
3/10
Gault Street Elementary School
Public,•K-5•0.6mi
6/10
Lorne Street Elementary School
Public,•K-5•0.8mi
6/10
Lemay Street Elementary School
Public,•K-5•1.1mi
5/10
Lemay Street Elementary School
Public,•K-5•1.1mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.3mi
5/10
Cantara Street Elementary School
Public,•K-5•1.4mi
3/10
Bassett Street Elementary School
Public,•PK-5•1.8mi
4/10
Bassett Street Elementary School
Public,•K-5•1.8mi
4/10
Sylvan Park Elementary School
Public,•K-5•2.9mi
9/10
Kester Avenue Elementary School
Public,•K-5•3.9mi
3/10
William Mulholland Middle School
Public,•6-8•0.9mi
5/10
William Mulholland Middle School
Public,•6-8•1.1mi
3/10
Northridge Middle School
Public,•6-8•1.7mi
2/10
Van Nuys Middle School
Public,•6-8•4.1mi
4/10
Reseda Senior High School
Public,•9-12•1.8mi
7/10
Northridge Academy High
Public,•9-12•2.8mi
6/10
Van Nuys Senior High School
Public,•9-12•3.1mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.7mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.7mi
Price History
Date
Event
Price
12/11/25
Listing
$728,000
Condition Rating
Fair
The property, built in 1951, is well-maintained but shows significant signs of aging in key areas. The kitchen features outdated wood cabinets, tiled countertops, and a mix of older appliances. The bathroom also has a dated tiled vanity, integrated sink, and older fixtures. While the original hardwood floors are a positive and the living areas appear clean with some updates like recessed lighting, the kitchen and bathroom would require substantial renovation to meet modern standards. This aligns with the 'Fair' criteria of being aged but maintained, with major components functional but outdated, likely having seen renovations 15-30 years ago.
Pros & Cons
Pros
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Desirable Location & Amenities: Situated in a charming Lake Balboa pocket, offering easy access to shopping centers, coffee shops, and restaurants.
Versatile Opportunity: Appeals to a broad range of buyers, including first-time homeowners, downsizers, or investors, serving as a great condo alternative.
Generous Lot with Expansion Potential: A substantial 6,326 sqft lot provides excellent potential for future expansion or creating a personalized outdoor oasis.
Charming Original Features: Boasts original hardwood floors and an inviting eat-in kitchen, contributing to its character and immediate appeal.
Attractive Outdoor Space: Features a beautiful backyard with mature citrus trees and blooming rose bushes, enhancing curb appeal and outdoor enjoyment.
Cons
Compact Living Space: With only 862 sqft, the interior living area is relatively small, which may limit suitability for larger households.
Single Bathroom: The property features only one bathroom, which can be a functional limitation for multiple occupants or future resale value.
Age of Property: Built in 1951, the home's age suggests that major systems may be original or require updating in the near future.