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7938 Ostrom Avenue, Lake Balboa, California 91406, Lake Balboa, 91406 - 4 bed, 2 bath

7938 Ostrom Avenue, Lake Balboa, California 91406 home-pic-0
ACTIVE$1,149,900
7938 Ostrom Avenue, Lake Balboa, California 91406
4Beds
2Baths
1,826Sqft
6,628Lot

Price Vs. Estimate

The estimated value ($618,407.485) is $531,492.515 (46%) lower than the list price ($1,149,900). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Top Cons:
Significant Price Discrepancy with AVM: The listing price is substantially higher (approximately 46% above) the automated valuation model's estimate, which may require strong justification to potential buyers and could impact market perception.

Compared to the nearby listings

Price:$1.15M vs avg $900.0K (+$249,900)88%
Size:1,826 sqft vs avg 1,496 sqft75%
Price/sqft:$630 vs avg $61060%

More Insights

Built in 1954 (71 years old).
Condition: Despite being built in 1954, this property has undergone an extensive and very recent renovation, as explicitly stated in the description and visually confirmed by the images. The 'chef’s kitchen' features new white shaker cabinets, stainless steel appliances, modern backsplash, and a beverage fridge. Both bathrooms are 'luxurious' and 'spa-style' with new vanities, modern tiling, and fixtures. The entire home boasts new light-colored flooring, recessed lighting, and fresh paint. Major systems like the roof, AC, electrical panel, plumbing, and water heater have also been replaced, indicating that all components are virtually new and meet current quality standards with no deferred maintenance.
Year Built
1954
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$630
HOA
-
Days on market
-
Sold On
-
MLS number
SR25099332
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

Your home search is over! 7938 Ostrom Ave has everything you have been dreaming of: 4 spacious bedrooms, 2 luxurious bathrooms, a sparkling pool and spa, a generous 2-car garage, ADU potential and an expansive 281 sqft bonus room—all ideally nestled in a charming cul-de-sac. From the moment you arrive, you’re greeted by irresistible curb appeal. The fresh landscaping, charming front porch, and inviting craftsman-style front door set the tone for what awaits inside. Step through the entryway and into a bright, open-concept living space designed with entertaining in mind.The heart of the home is the chef’s kitchen, where you can cook up memorable meals while enjoying views of the sunlit backyard oasis. Hosting is effortless in the elegant dining area, complete with a sleek bar and beverage fridge—perfect for dinner parties and casual evenings alike. Just a step down leads you to the oversized living room, bathed in natural light with picture windows framing the tranquil pool and spa beyond. The bedroom wing offers both comfort and privacy, including a full primary suite that feels like a private retreat. It features a spa-style en-suite bathroom with a huge walk-in shower, double vanity, and an oversized closet. A sliding glass door opens directly to a secluded side yard—your own peaceful escape. The front bedroom offers a versatile space - ideal for a home office or play room. Beyond the main home, the detached and finished 2-car garage includes a 220V plug and epoxy floors and connects directly to a large bonus room—perfect for a gym, rec space, or a quiet office separate from the rest of the home. Incredible private ADU potential! This home is truly move-in ready, with all major upgrades already completed for you: a new roof, new AC and ducting, new electrical panel, new plumbing, new tankless water heater, new interior and exterior doors, new vinyl wall toppers, new vinyl gate, new turf, and newer pool plaster and equipment. Every inch of this home has been thoughtfully designed and and curated for comfort and style. All that’s left to do is move in and enjoy the lifestyle you’ve been dreaming of.

Nearby schools

7/10
Stagg Street Elementary School
Public,•K-5•0.2mi
6/10
Lorne Street Elementary School
Public,•K-5•0.4mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.9mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.9mi
5/10
Cantara Street Elementary School
Public,•K-5•1.0mi
3/10
Gault Street Elementary School
Public,•K-5•1.1mi
3/10
Gault Street Elementary School
Public,•K-5•1.1mi
6/10
Lemay Street Elementary School
Public,•K-5•1.5mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.6mi
5/10
Lemay Street Elementary School
Public,•K-5•1.6mi
3/10
Bassett Street Elementary School
Public,•PK-5•2.2mi
4/10
Bassett Street Elementary School
Public,•K-5•2.2mi
4/10
Sylvan Park Elementary School
Public,•K-5•3.4mi
9/10
Kester Avenue Elementary School
Public,•K-5•4.3mi
3/10
Northridge Middle School
Public,•6-8•1.2mi
3/10
William Mulholland Middle School
Public,•6-8•1.5mi
5/10
William Mulholland Middle School
Public,•6-8•1.7mi
2/10
Van Nuys Middle School
Public,•6-8•4.5mi
4/10
Reseda Senior High School
Public,•9-12•2.2mi
7/10
Northridge Academy High
Public,•9-12•2.3mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.1mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.1mi
6/10
Van Nuys Senior High School
Public,•9-12•3.5mi
Condition Rating
Excellent
Despite being built in 1954, this property has undergone an extensive and very recent renovation, as explicitly stated in the description and visually confirmed by the images. The 'chef’s kitchen' features new white shaker cabinets, stainless steel appliances, modern backsplash, and a beverage fridge. Both bathrooms are 'luxurious' and 'spa-style' with new vanities, modern tiling, and fixtures. The entire home boasts new light-colored flooring, recessed lighting, and fresh paint. Major systems like the roof, AC, electrical panel, plumbing, and water heater have also been replaced, indicating that all components are virtually new and meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Extensive Modern Upgrades: The property is 'move-in ready' with comprehensive recent upgrades including a new roof, AC, electrical panel, plumbing, tankless water heater, doors, and pool equipment, minimizing immediate buyer expenses.
ADU Potential & Flexible Bonus Space: Features a detached, finished 2-car garage with 220V plug and epoxy floors, connected to an expansive 281 sqft bonus room, offering significant ADU potential and versatile use as a gym, office, or recreation area.
Private Resort-Style Backyard: Includes a sparkling pool and spa, complemented by a secluded side yard and fresh turf, creating an ideal outdoor oasis for relaxation and entertaining.
Open-Concept & Luxurious Interior Design: Boasts a bright, open-concept living space, a chef's kitchen with a bar/beverage fridge, and a primary suite with a spa-style en-suite bathroom, double vanity, and oversized closet.
Desirable Cul-de-Sac Location & Curb Appeal: Situated in a charming cul-de-sac with fresh landscaping and an inviting craftsman-style front door, enhancing privacy and aesthetic appeal.

Cons

Significant Price Discrepancy with AVM: The listing price is substantially higher (approximately 46% above) the automated valuation model's estimate, which may require strong justification to potential buyers and could impact market perception.
Original Construction Year: Built in 1954, the property's original construction year, despite extensive renovations, might deter some buyers seeking newer builds or raise concerns about underlying structural elements not covered by visible upgrades.
Limited Bathroom Count: With 4 bedrooms, having only 2 bathrooms may be a functional limitation for larger families or those desiring a higher bathroom-to-bedroom ratio, especially compared to some similar properties in the area.

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