17232 Elkwood, Lake Balboa, California 91406, Lake Balboa, 91406 - 3 bed, 2 bath

17232 Elkwood, Lake Balboa, California 91406 home-pic-0
ACTIVE$879,000
17232 Elkwood, Lake Balboa, California 91406
3Beds
2Baths
1,772Sqft
5,540Lot
Year Built
1954
Close
-
List price
$879K
Original List price
$899K
Price/Sqft
$496
HOA
-
Days on market
-
Sold On
-
MLS number
SR25229744
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $879.0K(46th), sqft - 1772(72th), beds - 3(50th), baths - 2(50th).

**Just reduced to $879,000. A fantastic value in one of Lake Balboa's most desirable neighborhoods.** Welcome to **17232 Elkwood Street**, a beautifully updated single-story Ranch home tucked into a quiet cul-de-sac in the heart of Lake Balboa. Thoughtfully upgraded and move-in ready, this 3-bedroom, 2-bathroom residence offers **1,772 square feet of stylish living space** on a **5,540 square foot lot**, complete with paid-off solar, enhanced curb appeal, and seamless indoor-outdoor living. Step inside to an inviting open floor plan, highlighted by recessed lighting, a blend of tile and hardwood flooring, and abundant natural light. The spacious living room opens directly to the backyard through sliding glass doors, creating a smooth flow for entertaining and everyday comfort. The adjacent dining area connects to a remodeled kitchen featuring quartz countertops, self-closing cabinetry, stainless steel appliances, a breakfast bar, and a modern tile backsplash. Both bathrooms have been updated, with one offering double sinks and a walk-in shower finished with clean, contemporary details. The primary suite feels like a private retreat, with its en-suite bath and generous walk-in closet. The two additional bedrooms are versatile and well-sized, ideal for guests, a home office, or family members. A dedicated laundry room conveniently sits off the den, adding storage and functionality without taking up living space. Outside, the backyard becomes your own private oasis with a fire pit, an outdoor dining patio, string lighting, and drought-tolerant landscaping that keeps maintenance low while creating a warm, inviting atmosphere. The custom paverstone driveway boosts curb appeal and provides flexible parking options, and the detached garage offers solid ADU potential for future value and versatility. This home sits in one of Lake Balboa's most convenient pockets, close to parks, golf courses, dog parks, dining, shopping, and Stagg Street Elementary School. Freeway access is quick and easy, which makes daily life even more convenient. Be sure to ask about the special loan financing programs available. Qualified buyers may benefit from meaningful monthly savings. This price-improved Lake Balboa gem is turnkey, updated, and ready for its next chapter.

Price History

Date
Event
Price
11/06/25
Price Change
$879,000-2.2%
10/01/25
Listing
$899,000
Condition Rating
Excellent

This property has undergone a beautiful and thoughtful renovation, bringing its key areas like the kitchen and bathrooms to an excellent, move-in ready condition. The kitchen features modern white shaker cabinetry, quartz countertops, stainless steel appliances, and a contemporary tile backsplash. Bathrooms are similarly updated with clean, modern finishes. The property boasts recessed lighting, a mix of hardwood and tile flooring, and appears to have been extensively renovated within the last 5 years, meeting current quality standards with virtually new components. While the original build year is 1954 and central AC is not mentioned, the quality and recency of the renovations elevate its overall condition significantly.
Pros & Cons

Pros

Extensive Updates & Move-in Ready: The property has been beautifully updated and thoughtfully upgraded throughout, including a remodeled kitchen and updated bathrooms, making it move-in ready for immediate occupancy.
Paid-Off Solar System: The inclusion of paid-off solar panels offers significant long-term cost savings on utility bills and enhances the property's environmental footprint.
ADU Potential: The detached garage presents a solid opportunity for conversion into an Accessory Dwelling Unit (ADU), adding future value and versatility for rental income or extended family.
Desirable Location & Accessibility: Situated in a quiet cul-de-sac within a convenient Lake Balboa neighborhood, the home offers easy access to parks, golf courses, dining, shopping, schools, and major freeways.
Enhanced Outdoor Living: The private backyard oasis features a fire pit, outdoor dining patio, string lighting, and drought-tolerant landscaping, creating an inviting space for relaxation and entertaining, complemented by a custom paverstone driveway.

Cons

Age of Construction: Built in 1954, the property's older construction, despite updates, may lead to potential concerns regarding original infrastructure or systems not explicitly mentioned as upgraded.
Lack of Central Air Conditioning: The property description does not mention a central air conditioning system, which could be a significant drawback for comfort during warmer months in Southern California.
Modest Lot Size: With a lot size of 5,540 square feet, the property offers a functional outdoor space but may be considered modest for buyers seeking a larger yard or more expansive grounds.

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