$599,900
●
Townhouse -
Off Market
7231 Balboa Boulevard #A
Lake Balboa, CA 91406
3 Beds
3 Baths
1,741 Ft²
$3,562
Est. Monthly
$616
HOA / Fees
7.57%
Cap Rate
About This Property
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!
Unit Size
1,741 Ft²
Days on Market
88 days
Land Size
1.37 acres
Price per sqft
$345
Property Type
Townhouse
Property Taxes
-
HOA Dues
$616
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
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.
Last updated: 8 months ago (CRMLS #SR25276162)
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. | |||
| Nov 21, 2025 | Listed | $639,000 | |
| Listed | |||
| | |||
|
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.
| |||
| Oct 14, 2025 | Price Decreased |
$649,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, Private, See Remarks, DoorSingle
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Wet Bar, Breakfast Bar, Recessed Lighting, Walk-In Closet(s), Balcony, SeparateFormalDiningRoom, AllBedroomsUp
Appliances: Dishwasher, Gas Cooktop, Gas Oven, Refrigerator, Range Hood
Flooring Type: Carpet, See Remarks, Vinyl
Door Features: Sliding Doors
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 1741
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
Property Condition: Turnkey
Year Built Source: Assessor
Year Built: 1980
Levels: Two
Window Features: Blinds
Patio and Porch Features: Enclosed, Patio
Pool Features: Community, In Ground, Association
Lot Features: Landscaped
Lot Size Area: 59507
Lot Size Units: Square Feet
Lot Size Acres: 1.3661
Lot Size Square Feet: 59507
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer
HOA/Condo/Coop Amenities: Maintenance Grounds, Insurance, Management, Pool, Spa/Hot Tub, Trash, Water, CallForRules, PetsAllowed, Utilities
HOA Fee: $616
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/18/2025
|
3 Bed
|
3 Bath
|
1741 ft²
|
$599,900
3 Bed
3 Bath
1741 ft²
|
$599,900
03/16/2026
|
Thomas Hernandez
Real Brokerage Technologies, Inc.
| |
|
10/29/2017
|
3 Bed
|
2 Bath
|
1741 ft²
|
$439,000
3 Bed
2 Bath
1741 ft²
|
$434,900
-0.93%
03/15/2018
|
Jay Halvorson
Keller Williams Exclusive Properties
|
Building Info
About South Valley
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Listed by: Thomas Hernandez, Real Brokerage Technologies, Inc.
Last Updated: 8 months ago
Data Source: CRMLS, MLS# SR25276162
Last Updated: 8 months ago
Data Source: CRMLS, MLS# SR25276162
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