7909 Aldea Avenue, Lake Balboa, California 91406, Lake Balboa, 91406 - 6 bed, 7 bath

7909 Aldea Avenue, Lake Balboa, California 91406 home-pic-0
ACTIVE$1,950,000
7909 Aldea Avenue, Lake Balboa, California 91406
6Beds
7Baths
2,782Sqft
7,182Lot
Year Built
2005
Close
-
List price
$1.95M
Original List price
$1.95M
Price/Sqft
$701
HOA
-
Days on market
-
Sold On
-
MLS number
SR25242098
Home ConditionExcellent
Features
Good View: Valley
Patio
ViewValley

About this home

We found 3 Cons,5 Pros. Rank: price - $1.95M(67th), sqft - 2782(67th), beds - 6(67th), baths - 7(67th).

4 Legal Units | Endless Potential | Fully Permitted!! Exceptional opportunity to own a brand-new 2025 SB9 + ADU development featuring four fully permitted residences totaling approximately 2,782 sq. ft. of living space on a 7,182 sq. ft. lot. Designed for versatility, comfort, and long-term financial performance, this property is ideal for investors or multi-generational families seeking modern design and immediate income potential in the heart of Lake Balboa. Main Residence (7909 | ~1,184 sq. ft., 3 Bed / 2 Bath) Beautifully updated single-story home with open layout, designer kitchen, and bright, spacious living areas. SB9 Unit (7905 | ~594 sq. ft., 1 Bed / 1.5 Bath) Ground-level new construction with private entry, full kitchen, and contemporary finishes throughout. Attached ADU (7907 | ~530 sq. ft., 1 Bed / 1.5 Bath) Modern second-floor unit featuring high ceilings, elegant kitchen, and an efficient, light-filled layout. Detached ADU (7911 | ~474 sq. ft., 1 Bed / 1 Bath) Fully permitted garage conversion with private entrance, new finishes, and its own yard area. ?? Projected Annual Income: Approximately $132,600 ?? Estimated Gross Cap Rate: ~7.0% Located on a quiet residential street close to Lake Balboa Park, schools, shopping, and major freeways, this exceptional property offers turnkey new construction, strong income performance, and long-term investment security — all in one of the Valley’s most desirable neighborhoods.

Nearby schools

7/10
Stagg Street Elementary School
Public,K-50.2mi
6/10
Lorne Street Elementary School
Public,K-50.4mi
3/10
Anatola Avenue Elementary School
Public,K-50.7mi
3/10
Anatola Avenue Elementary School
Public,K-50.8mi
5/10
Cantara Street Elementary School
Public,K-51.0mi
3/10
Gault Street Elementary School
Public,K-51.0mi
3/10
Gault Street Elementary School
Public,K-51.1mi
6/10
Lemay Street Elementary School
Public,K-51.4mi
3/10
Bertrand Avenue Elementary School
Public,K-51.4mi
5/10
Lemay Street Elementary School
Public,K-51.5mi
3/10
Bassett Street Elementary School
Public,PK-52.2mi
4/10
Bassett Street Elementary School
Public,K-52.2mi
4/10
Sylvan Park Elementary School
Public,K-53.4mi
9/10
Kester Avenue Elementary School
Public,K-54.3mi
3/10
Northridge Middle School
Public,6-81.2mi
3/10
William Mulholland Middle School
Public,6-81.4mi
5/10
William Mulholland Middle School
Public,6-81.6mi
2/10
Van Nuys Middle School
Public,6-84.5mi
4/10
Reseda Senior High School
Public,9-122.1mi
7/10
Northridge Academy High
Public,9-122.3mi
5/10
Valley Academy Of Arts And Sciences
Public,9-123.2mi
5/10
Valley Academy Of Arts And Sciences
Public,9-123.2mi
6/10
Van Nuys Senior High School
Public,9-123.5mi

Price History

Date
Event
Price
10/17/25
Listing
$1,950,000
Condition Rating
Excellent

Despite the original build year of 2005, the listing explicitly states this is a 'brand-new 2025 SB9 + ADU development' with 'turnkey new construction' for the ADUs and the main residence being 'beautifully updated.' The images confirm this, showcasing virtually new and modern kitchens with quartz countertops, stainless steel appliances, and contemporary cabinetry. Bathrooms feature sleek vanities, new fixtures, and large-format tiled showers with glass enclosures. All visible flooring is new wood-look laminate/LVP, and lighting is modern with recessed cans and updated fixtures. The property appears to have undergone an extensive, high-quality renovation within the last year, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Exceptional Income Potential: Four fully permitted legal units (Main, SB9, Attached ADU, Detached ADU) offer diversified rental income streams with a projected annual income of $132,600 and an estimated 7.0% gross cap rate, making it a strong investment.
Brand New & Turnkey Development: Described as a 'brand-new 2025 SB9 + ADU development' with 'turnkey new construction' and contemporary finishes, minimizing immediate maintenance and capital expenditure for the buyer.
Versatile Multi-Generational/Investment Use: The configuration of four distinct units caters perfectly to multi-generational families seeking independent living spaces or investors maximizing rental revenue from diverse tenant profiles.
Desirable Lake Balboa Location: Situated on a quiet residential street in a sought-after Lake Balboa neighborhood, offering proximity to parks, schools, shopping, and major freeways, enhancing its appeal and long-term value.
Modern & Updated Interiors: Each unit features modern design, updated/designer kitchens, and efficient, light-filled layouts, ensuring high tenant desirability and comfort.

Cons

Year Built Discrepancy: The listed 'year_built: 2005' conflicts with the description of a 'brand-new 2025 SB9 + ADU development,' which could lead to confusion regarding the age and extent of new construction, particularly for the main residence.
High Density on Lot: While efficient, placing four units on a 7,182 sq. ft. lot results in high density, potentially limiting private outdoor space for some units and overall communal areas.
Increased Management Overhead: Operating four separate rental units inherently involves greater management complexity, including tenant acquisition, lease administration, and maintenance coordination, compared to a single-family or duplex property.

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