16655 Kelsloan Street, Lake Balboa, California 91406, Lake Balboa, 91406 - 4 bed, 3 bath

16655 Kelsloan Street, Lake Balboa, California 91406 home-pic-0
ACTIVE$1,198,000
16655 Kelsloan Street, Lake Balboa, California 91406
4Beds
3Baths
1,956Sqft
6,068Lot
Year Built
1951
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$612
HOA
-
Days on market
-
Sold On
-
MLS number
SR25005403
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 44% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.20M(93th), sqft - 1956(80th), beds - 4(73th), baths - 3(77th).

WELCOME to your dream home in Lake Balboa! Step into this breathtaking and expansive FULLY FURNISHED corner lot home, perfectly situated on a picturesque, tree lined street. The property is within a newly added gate and ficus lined plants to provide additional privacy and the palm tree landscape offers a modern design with timed white toned and color option outdoor lighting. The front yard features a built in half-sized basketball court, a fruit tree and extended deck with sitting area to enjoy the sunrise/sunset. This residence offers the ideal blend of privacy, charm, and modern luxury. Walk through your new home with cemented steps from both main entrances and a recently installed brand new front door. Boasting 3 spacious bedrooms and 2 beautifully remodeled bathrooms, the main home is drenched in natural light from new windows and a stunning arched walk way, and recessed lighting to create an open and airy ambiance. Additionally, with newly installed WiFi controlled lighting switches manage the lighting of your home from the couch. The two cozy fireplaces in the living area and family area is perfect for unwinding and adds a warm, inviting touch. Off the family room features a kitchenette equipped with a gas stove, sink and modern shaker cabinets. With a Jack & Jill bathroom access to the family room, this can be an ideal separate in-law suite. The heart of the home is a fully newly remodeled kitchen, complete with sleek quartz countertops, stainless steel appliances, and classic white shaker cabinets. Designed for both everyday living and entertaining, this space is sure to impress. The primary suite is a true sanctuary, that overlooks the tranquil backyard, providing the perfect retreat after a long day. The property also features a 315 sq/ft detached ADU with its own address (7436 N Ruffner Ave) built in 2020, offering an open floor plan studio, with the kitchen featuring gray shaker cabinets, quartz countertops, and stainless steel appliances. It also provides a private front space and public street parking. Nearby amenities include Lake Balboa Park, golf courses, an off leash dog park, great schools and Sunday Farmers Market. With easy access to the 101 and 405 freeways and Orange line busway, this property offers convenience to a variety of grocery stores, shopping centers and truly a prime location. Schedule a private tour today and make 16655 Kelsloan St your new Home!

Condition Rating
Excellent

Despite being built in 1951, the property has undergone extensive and high-quality renovations, including a 'fully newly remodeled kitchen' with quartz countertops and stainless steel appliances, 'beautifully remodeled bathrooms,' new windows, recessed lighting, and WiFi-controlled lighting switches. The detached ADU was built in 2020, making it virtually new. All visible components in the images, particularly the kitchens and bathrooms, appear new, modern, and meet current quality standards. While the absence of central air conditioning is a notable feature omission, the overall condition of the existing and newly installed components is top-tier, aligning with the 'extensively renovated within 5 years' criterion for an excellent rating.
Pros & Cons

Pros

Detached ADU with Income Potential: The property includes a 315 sq/ft detached ADU, built in 2020 with its own address, offering significant potential for rental income or multi-generational living.
Extensive Modern Renovations: Both the main home and ADU feature newly remodeled kitchens with quartz countertops and stainless steel appliances, remodeled bathrooms, new windows, recessed lighting, and smart home features like WiFi controlled lighting switches.
Enhanced Privacy and Outdoor Amenities: A newly added gate, ficus-lined plants, and palm tree landscaping with timed lighting provide privacy and modern curb appeal. The front yard boasts a half-sized basketball court, fruit tree, and an extended deck.
Versatile Interior Layout: The main home offers a flexible layout with a kitchenette and Jack & Jill bathroom access off the family room, ideal for an in-law suite, complemented by two cozy fireplaces.
Prime Location and Accessibility: Situated on a picturesque, tree-lined corner lot, the property offers easy access to the 101 and 405 freeways, Orange Line busway, Lake Balboa Park, golf courses, schools, and various shopping centers.

Cons

Significant Price Discrepancy: The listed price of $1,198,000 is substantially higher than the estimated value of approximately $664,479, which may raise concerns about market competitiveness and valuation.
Absence of Central Air Conditioning: While the description mentions fireplaces for warmth, there is no mention of a central cooling system, which could be a significant drawback in Lake Balboa's climate.
Age of Core Infrastructure: Despite extensive remodels, the main home was built in 1951. The description does not explicitly detail updates to all major systems (e.g., full plumbing, electrical beyond lighting, or roof), which could lead to potential future maintenance concerns for buyers.

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