7231 Balboa Boulevard #A
About This Property
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Dec 18, 2025 | Listed by Real Brokerage Technologies, Inc. | $599,900 | |
| Listed by Real Brokerage Technologies, Inc. | |||
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Dream Townhouse-Style Condo Awaits You in Lake Balboa! Welcome to your future home, a stunning townhouse-style condo that beautifully blends modern living with comfort and style! Nestled in the heart of Lake Balboa, this rare gem offers 1,741 sq. ft. of meticulously designed living space, making it perfect for families or those who love to entertain. Step through the front door into an inviting open-concept living area, where natural light dances off the sleek wood-style floors. The spacious living room features a cozy fireplace, perfect for those chilly evenings, and seamlessly flows into your dining area, creating an ideal space for gatherings with family and friends. Let the smooth ceilings and recessed lighting enhance your living experience, while the private patio invites you to enjoy fresh air right from your home. Culinary enthusiasts will fall in love with the updated kitchen, complete with stainless steel appliances, a stylish range hood, and modern countertops. The functional layout features a large double sink, making meal prep a breeze. Imagine hosting barbecues on your cozy patio, easily accessible from the kitchen. As you explore the upper level, you’ll discover the oversized master bedroom, a serene retreat with an ensuite bathroom and a walk-in closet—ample space for your wardrobe! Two additional bright and airy bedrooms share another full bathroom, ensuring comfort for everyone. Plus, there's a versatile den, perfect for a home office or as a fourth bedroom for guests—something truly special in this area! This corner unit offers the added benefit of only one shared wall, creating a peaceful haven to call your own. You’ll also enjoy the luxury of a private attached garage equipped with laundry hookups, simplifying your daily routines. The community boasts a fantastic pool and spa area, enticing you to unwind during sunny afternoons. With its prime location just moments from CSUN, schools, parks, shopping, and dining, commuting is a breeze with easy access to the 405 and 101 freeways. Don’t miss out on this exceptional opportunity; this townhouse style condo is priced for an immediate sale and is ready for you to make it your own. Come experience the lifestyle you’ve been craving in beautiful Lake Balboa!
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| Nov 21, 2025 | Listed | $639,000 | |
| Listed | |||
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Welcome to this updated and versatile Lake Balboa townhome. Title shows 3 bedrooms, but it is currently enjoyed as a 4-bedroom, giving you flexibility for a home office, guest room, or additional living space. The home features tasteful upgrades including wood-look tile flooring downstairs, recessed lighting, new carpet, and a light, bright, spacious kitchen.The open floor plan leads to a private patio, ideal for morning coffee or evening downtime. The oversized 2-car garage is a standout feature. It comfortably fits two vehicles with room to walk between, access storage, and manage laundry with ease.Please note: the additional HOA-assigned parking space does not convey with the sale. Buyers may contact the HOA directly to arrange and pay for the use of that space if desired. The HOA also covers landscaping, trash, sewer, and water costs, adding value and convenience.This Lake Balboa location is close to schools, parks, shopping, dining, and offers quick access to both the 405 and 101 freeways. A strong blend of comfort, upgrades, and convenience in a desirable community.
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| Oct 14, 2025 | Price Decreased |
$649,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
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12/18/2025
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3 Bed
|
3 Bath
|
1741 ft²
|
$599,900
3 Bed
3 Bath
1741 ft²
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$599,900
03/16/2026
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Thomas Hernandez
Real Brokerage Technologies, Inc.
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10/29/2017
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3 Bed
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2 Bath
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1741 ft²
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$439,000
3 Bed
2 Bath
1741 ft²
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$434,900
-0.93%
03/15/2018
|
Jay Halvorson
Keller Williams Exclusive Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017