This inviting 2-bedroom, 1-bathroom home in Lake Balboa offers exceptional potential for growth and development. Situated on a spacious lot, the property comes with, approved city plans for additional 1,639 sqft. Addition to the main residence 1bed 1bath so it will be 3bed/2bath, as well as the addition of both an ADU and Junior ADU all in total of 2,487 sqft. These plans provide a tremendous opportunity for additional living space, rental income, or extended family living. With ample room to expand and a prime location, this property offers a solid foundation for creating a custom home while capitalizing on its future potential. Perfect for investors, first-time buyers, or those seeking a strategic investment in Van Nuys. Close to Lake Balboa/Anthony Beilenson Park. Very motivated seller, don’t miss this rare opportunity! Please check the plans under supplements.
7800 Balboa Blvd 53 A: Sold $153,000 · 2 bd · 2 ba · Sep 2026 · 0.1 mi Pacific Properties | DRE #01052453 Buyer's agent: Mary Bizzy, Executive Homes | DRE #01053824
7800 Balboa Blvd. 44-A: Sold $125,000 · 1 bd · 1 ba · 640 sqft · Aug 2026 · 0.2 mi Executive Homes | DRE #01053824 Buyer's agent: Mary Bizzy, Executive Homes | DRE #01053824
17046 Saticoy Street: Sold $715,000 · 3 bd · 2 ba · 1,565 sqft · Sep 2026 · 0.2 mi Coldwell Banker Icon | DRE #01418054 Buyer's agent: Beatriz Ortiz, Homesmart Evergreen Realty | DRE #01840894
7421 Ostrom Avenue: Sold $750,000 · 4 bd · 2 ba · 1,581 sqft · Jul 2026 · 0.5 mi Park Regency Realty | DRE #01179206 Buyer's agent: Anna Elikuchukyan, Pinnacle Estate Properties | DRE #01463027
7304 Balboa C: Sold $585,000 · 3 bd · 4 ba · 1,349 sqft · Sep 2026 · 0.5 mi Landon Realty Group | DRE #01281552 Buyer's agent: Sean Seckar, Redfin Corporation | DRE #01336429
7960 Aldea Avenue: Sold $845,000 · 3 bd · 2 ba · 1,703 sqft · Aug 2026 · 0.5 mi Fara Salamat | DRE #00867268 Buyer's agent: Moshe Kol, Compass | DRE #02253396
17061 Lorne: Sold $825,500 · 3 bd · 2 ba · 1,184 sqft · Aug 2026 · 0.5 mi Equity Union | DRE #01466412 Buyer's agent: Natalia Cerpa, Markarian Realty | DRE #01742526
7203 Rubio Avenue: Sold $9,500,000 · 59 bd · 49 ba · 32,777 sqft · Jul 2026 · 0.7 mi Marcus & Millichap | DRE #01346750 Buyer's agent: Neema Ahadian, Marcus & Millichap | DRE #01346750