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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$749,999

Est. payment - /mo

3 Beds

1 Bath

1,073 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,073 sqft

Price per Sqft $698

MLS Listing ID SR25193725

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1950

Lot Size 7,958 Sqft

Property Sub-Type Single Family Residence

Property Description

Charming Lake Balboa Home with ADU Potential. Set on a quiet, tree-lined street in the desirable Lake Balboa neighborhood, this 3-bedroom, 1-bath home offers comfort, charm, and exciting investment potential. Situated on an expansive nearly 8,000 sq. ft. lot, the property includes previously approved RTI plans for a detached 2-bedroom, 2-bath ADU/guest house—ideal for multi-generational living, rental income, or a private office retreat.
Inside, you'll find timeless hardwood floors, dual-pane windows, central HVAC, and the convenience of an indoor laundry room. A spacious enclosed rear patio extends the living area, providing the perfect setting for entertaining, hobbies, or simply relaxing. The generous backyard is a true highlight featuring 2 car detached garage, a mature, fruit-bearing lemon tree, ample space for outdoor gatherings, and even room for a future pool. A detached two-car garage offers additional storage and is ready to be transformed into a 750 sq. ft. ADU with a quick re-approval of the prior plans. All this, with easy access to the 101 and 405 freeways, top shopping destinations, dining, schools, and public transit. Don't miss this unique opportunity to own a home with endless potential in one of the Valley's most sought-after neighborhoods!

Location

State CA

County Los Angeles

Area Lkbl - Lake Balboa

Zoning LAR1

Rooms

Main Level Bedrooms 1

Interior

Interior Features Separate/Formal Dining Room, Laminate Counters, All Bedrooms Up, Bedroom on Main Level

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Dryer

Laundry Washer Hookup, Inside

Exterior

Parking Features Door-Multi, Driveway Level, Garage Faces Front, Garage, Paved

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Pool None

Community Features Curbs

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

View None

Accessibility None

Porch Concrete, Patio

Total Parking Spaces 2

Private Pool No

Building

Lot Description Front Yard, Lawn, Level, Sprinkler System, Walkstreet

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2203004030

Acceptable Financing Cash to New Loan, Conventional, FHA 203(b), FHA 203(k), FHA, Fannie Mae, VA Loan

Listing Terms Cash to New Loan, Conventional, FHA 203(b), FHA 203(k), FHA, Fannie Mae, VA Loan

Special Listing Condition Standard

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Listed by Kevork Zanazanian Oak Brook Realty 818-212-9499

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7642 Wish AVE Lake Balboa, CA 91406