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Single Family Residence - Lake Balboa, CA
Welcome to Lake Balboa! This newly remodeled property offers comfort, versatility, and strong income potential. The main residence features 4 bedrooms and 2 bathrooms, complemented by a fully permitted 400 sq. ft. Junior ADU with 1 bedroom and 1 bathroom. The lot also provides the opportunity to build an additional 1,200 sq. ft. ADU in the backyard.
Recent upgrades include a new roof, new flooring, remodeled bathrooms, solar panels, and fresh interior/exterior paint, ensuring a modern and efficient home.
Currently operating as a successful short-term rental, the property generates an average of $10,000 per month, with peak earnings of up to $14,000. Rental permits will transfer with the sale, and the existing management company is open to continuing service with the new owner, offering a seamless transition.
The location provides excellent access to Lake Balboa Park, Van Nuys/Woodley Lakes ...
The location provides excellent access to Lake Balboa Park, Van Nuys/Woodley Lakes Golf Course, Encino Farmer’s Market, Sepulveda Basin Off-Leash Dog Park, Metro Orange Line (Balboa Station), bike trails, and major freeways.
This property combines modern upgrades, multiple living options, and proven rental performance in one of the San Fernando Valley’s most desirable neighborhoods.
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