7508 Paso Robles Avenue, Lake Balboa, California 91406, Lake Balboa, 91406 - 3 bed, 2 bath
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Lake Balboa, California 91406
This Traditional Single Family Residence represents a Strong Value Opportunity, listed at $849,000—positioned slightly above the $838,758 Fair Market Value. While the property requires cosmetic updates to its Condition Rating of 4, it offers a flexible floor plan with a spacious den and seamless indoor-outdoor flow via a large covered patio. Located near Lake Balboa Park and accessible transit, the home provides a solid foundation for personalization. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7508 Paso Robles Avenue Subject | $849,000* List Price | 3 | 2 | 1,614 | $520 | - |
A 16814 Hartland Sold | $899,000 | 3 | 2 | 1,562 | $576 | 0.9 mi |
B 7513 Oak Park Sold | $740,000 | 3 | 1 | 1,134 | $653 | 0.2 mi |
C 8009 Aldea Sold | $850,000 | 3 | 2 | 1,790 | $475 | 0.7 mi |
D 17419 Leadwell Sold | $882,000 | 4 | 2 | 1,848 | $477 | 0.6 mi |
E 17031 Enadia Way Sold | $800,000 | 3 | 2 | 1,226 | $653 | 0.5 mi |
F 17349 Hartland Sold | $900,000 | 4 | 2 | 1,469 | $613 | 1.0 mi |
G 17200 Willard Sold | $1,095,000 | 3 | 3 | 2,016 | $543 | 0.9 mi |
H 16638 Wyandotte Pending | $699,999 List Price | 3 | 2 | 1,780 | $393 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, the home is well-maintained but features a kitchen and interior finishes (bleached wood cabinetry, wood paneling, and floral wallpaper) that appear to be from a renovation over 20 years old. While functional and move-in ready, the property is dated and requires cosmetic and system updates to meet modern standards.
Elementary School: Kester Avenue Elementary School (9/10).
The residence features a dramatic wall of sliding glass doors and an expansive covered patio, perfectly integrating the interior with professionally landscaped grounds for a quintessential California lifestyle.
The flexible floor plan allows the property to function as a traditional three-bedroom home or a two-bedroom with a large den, catering to modern needs for a home office or multi-generational living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
While several schools serve the area, many of the closest public elementary and middle schools carry lower performance ratings, which may be a consideration for education-focused families.
Built in 1950, the home retains its original charm and bleached wood cabinetry, which may require additional capital investment for buyers seeking a fully contemporary aesthetic.
Welcome to 9508 Paso Robles Ave, a beautifully maintained residence with MID CENTURY VIBES & TiMELESS CHARM, exceptional Indoor-Outdoor Living, and the relaxed lifestyle that makes Lake Balboa one of the San Fernando Valley’s most sought-after neighborhoods. Situated on a picturesque street, this inviting home welcomes you with handsome curb appeal and an attractive exterior that creates a memorable first impression. Inside, abundant Natural Light pours through a Dramatic Wall of Sliding Glass Doors, framing the beauty of the professionally landscaped rear grounds while illuminating Gleaming Hardwood Floors, rich wood detailing, and a spacious, flexible floor plan designed for today’s lifestyle. Offering exceptional versatility, the home may be configured as a three bedroom or enjoyed as two bedrooms with an expansive den or family room ideal for entertaining, working from home, or multi-generational living. The generous eat-in kitchen serves as the heart of the home, featuring a skylight, natural bleached wood cabinetry, pantry, abundant counter space, and a convenient pass-through that flows seamlessly into the adjoining living areas. The inviting den is anchored by a decorative Palisade stone fireplace, creating a welcoming gathering space for family and friends. The primary suite is enhanced by artfully designed windows, a spacious walk-in closet, and peaceful garden views. Two full bathrooms complete the thoughtfully designed interior, providing comfort and functionality throughout. Step outside to an expansive covered patio overlooking beautifully landscaped grounds that have been professionally designed to create a serene and private outdoor retreat. Whether enjoying al fresco dining, entertaining guests, or simply relaxing with your morning coffee, the backyard offers an ideal setting for year-round California living. Perfectly positioned in the heart of Lake Balboa, the home is just moments from the renowned Lake Balboa Park, where residents enjoy a picturesque lake, walking & biking paths, paddle boating, fishing, picnic areas, golf courses, and the beautiful Japanese Garden. Convenient access to 101 and 405 Freeways places Ventura Boulevard’s acclaimed dining, shopping, entertainment, and major employment centers within easy reach.Offering an exceptional combination of comfort, flexibility, and an outstanding location, 9508 Paso Robles Avenue presents a wonderful opportunity to enjoy Lake Balboa living.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,614 | 1,803 |
| Lot Size | 6,717 | 6,372 |
| Price | $849.0K | $891.7K |
| Price per sq ft | $526 | $616 |
| Built year | 1950 | 1952 |
| HOA | $0 | $0 |
| Days on market | 7 | 47 |
Jul 15, 2026
$849,000
Initial Listing