7231 Balboa Boulevard A, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 3 bath

7231 Balboa Boulevard A, Van Nuys, California 91406 home-pic-0
ACTIVE$639,000
7231 Balboa Boulevard A, Van Nuys, California 91406
3Beds
3Baths
1,741Sqft
59,507Lot
Year Built
1980
Close
-
List price
$639K
Original List price
$639K
Price/Sqft
$367
HOA
$616
Days on market
-
Sold On
-
MLS number
225005716
Home ConditionGood
Features
Patio
View-

About this home

We found 4 Cons,6 Pros. Rank: price - $639.0K(50th), sqft - 1741(50th), beds - 3(50th), baths - 3(50th).

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.

Nearby schools

3/10
Gault Street Elementary School
Public,K-50.2mi
3/10
Gault Street Elementary School
Public,K-50.3mi
3/10
Anatola Avenue Elementary School
Public,K-50.7mi
3/10
Anatola Avenue Elementary School
Public,K-50.7mi
7/10
Stagg Street Elementary School
Public,K-50.7mi
6/10
Lemay Street Elementary School
Public,K-50.9mi
5/10
Lemay Street Elementary School
Public,K-51.0mi
6/10
Lorne Street Elementary School
Public,K-51.2mi
3/10
Bertrand Avenue Elementary School
Public,K-51.3mi
3/10
Bassett Street Elementary School
Public,PK-51.5mi
4/10
Bassett Street Elementary School
Public,K-51.5mi
5/10
Cantara Street Elementary School
Public,K-51.7mi
4/10
Sylvan Park Elementary School
Public,K-52.6mi
9/10
Kester Avenue Elementary School
Public,K-53.5mi
3/10
William Mulholland Middle School
Public,6-80.6mi
5/10
William Mulholland Middle School
Public,6-80.9mi
3/10
Northridge Middle School
Public,6-82.0mi
2/10
Van Nuys Middle School
Public,6-83.7mi
4/10
Reseda Senior High School
Public,9-121.8mi
6/10
Van Nuys Senior High School
Public,9-122.8mi
7/10
Northridge Academy High
Public,9-123.2mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.0mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.0mi

Price History

Date
Event
Price
11/21/25
Listing
$639,000
03/15/18
Sold
$435,000
11/14/11
Sold
$236,000
11/06/07
Sold
$390,000
06/08/04
Sold
$350,000
Condition Rating
Good

The property, built in 1980, has undergone significant and tasteful updates, including modern wood-look tile flooring downstairs, new carpet upstairs, recessed lighting, and a bright, spacious kitchen with contemporary white cabinetry and what appears to be stainless steel appliances. One of the bathrooms has also been recently updated with a modern vanity and tile flooring. While the majority of the home presents as move-in ready with modern aesthetics, one bathroom (visible in image 4) remains significantly outdated with original-style tiles, vanity, and lighting, preventing an 'Excellent' rating. However, the extensive updates in key living areas and the kitchen elevate it beyond 'Fair'.
Pros & Cons

Pros

Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Flexible Floor Plan: The property offers a versatile layout, currently utilized as a 4-bedroom, providing options for home office or guest space beyond the titled 3 bedrooms.
Recent Tasteful Upgrades: Features modern updates including wood-look tile flooring, recessed lighting, new carpet, and a bright, spacious kitchen, enhancing move-in readiness.
Oversized Two-Car Garage: Provides ample space for two vehicles, additional storage, and integrated laundry facilities, a significant practical advantage.
Comprehensive HOA Benefits: HOA covers essential services like landscaping, trash, sewer, and water, reducing homeowner's recurring expenses and maintenance responsibilities.
Desirable Lake Balboa Location: Conveniently situated near schools, parks, shopping, dining, and offers excellent freeway access (405 & 101), appealing to a broad range of buyers.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
High Monthly HOA Dues: The $616 monthly HOA fee is substantial and could impact affordability for some buyers, despite its inclusions.
Non-Conveying Additional Parking: An HOA-assigned parking space does not transfer with the sale, potentially requiring buyers to negotiate and pay extra for it, which could be an unexpected cost or inconvenience.
Bedroom Count Discrepancy: The property is marketed as a 4-bedroom but officially titled as 3, which might lead to appraisal or financing questions regarding the legal bedroom count.

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