Lake Balboa Homes with City Lights View

Welcome to Lake Balboa, a hidden gem nestled in the heart of Los Angeles County, California. This picturesque neighborhood offers a harmonious blend of suburban tranquility and urban accessibility, making it an ideal destination for families, professionals, and anyone seeking a vibrant community.

Lake Balboa is renowned for its lush parks, including the expansive Lake Balboa Park, which features serene walking paths, picnic areas, and a beautiful lake that invites residents to enjoy outdoor activities. The neighborhood is also conveniently located near major freeways, providing easy access to the bustling city life of Los Angeles, while still maintaining a peaceful, residential atmosphere.

One of the most alluring features of Lake Balboa is the stunning homes that grace its streets. Many properties boast breathtaking city lights views, creating a magical backdrop for evening gatherings and quiet nights at home. Imagine sipping your favorite beverage on your patio as the sun sets, painting the sky in hues of orange and pink, and the city lights begin to twinkle below. These homes not only offer comfort and style but also provide a unique vantage point to experience the beauty of Los Angeles.

With a diverse selection of architectural styles, from charming single-family homes to modern condos, Lake Balboa caters to various tastes and budgets. The community is known for its friendly atmosphere and strong sense of belonging, making it a perfect place to call home. Whether you're looking to invest in a family residence or a cozy retreat, Lake Balboa is waiting for you to discover its enchanting allure. Come and experience the warmth of this vibrant neighborhood, where your dream home with a city lights view awaits!

Newest Lake Balboa Homes with City Lights View

$2,495,000

SR23163447 MLS ⋅ Active Status

MAJOR PRICE IMPROVEMENT – Reduced by $200,000! Exceptional investment opportunity offering one of the lowest prices at just $426 per sq. ft. and an impressive 6% Cap Rate. This premier 3-year-old modern income property in Lake Balboa consists of four units across two addresses (6843 & 6845 Haskell Ave.) and is fully leased with over $170,000 in annual rental income. Property configuration: • Front residence: 3-bedroom, 4-bath home with an attached 1-bedroom, 1-bath ADU • Rear duplex: Two spacious units, each offering 4 bedrooms and 4 bathrooms Designed for low-maintenance ownership, each unit features high-end finishes including quartz countertops, stainless steel appliances, in-unit washer and dryer, smart locks, Nest thermostats, security cameras, fire sprinklers, and dual-pane windows. A centralized network system provides free Wi-Fi, security camera connectivity, and hardwired Ethernet access to every unit, adding value for both owners and tenants. Additional highlights include: • Fully leased with strong, stable cash flow • No rent control • Gated property with 6 on-site parking spaces • Separate gas, electric meters, and electrical panels • Individual solar systems for each primary unit • Modern construction with low maintenance costs Ideally located near major freeways, shopping, dining, and employment centers, this is a rare opportunity to acquire a high-performing, newer construction asset at one of the best values on the market. Please see the Supplements for the detailed Cap Rate analysis.

6845 Haskell Avenue, Lake Balboa

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.