7517 Louise Avenue, Lake Balboa, California 91406, Lake Balboa, 91406 - 3 bed, 2 bath

7517 Louise Avenue, Lake Balboa, California 91406 home-pic-0
ACTIVE$845,000
7517 Louise Avenue, Lake Balboa, California 91406
3Beds
2Baths
1,234Sqft
6,002Lot
Year Built
1950
Close
-
List price
$845K
Original List price
$865K
Price/Sqft
$685
HOA
-
Days on market
-
Sold On
-
MLS number
SR25160244
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $845.0K(36th), sqft - 1234(29th), beds - 3(50th), baths - 2(50th).

Welcome to this charming Lake Balboa gem — a classic single story 3-bedroom (currently configured as a 2-bedroom), 2-bath home offering 1,234 square feet of living space on a generous 6,002 square foot lot. This gated property boasts a grassy front yard, large rear yard and a detached garage with fully approved plans for an ADU, ready for the new owner to build and maximize the value! Mid-century design touches blend beautifully with modern upgrades throughout the home. The updated kitchen features stone countertops, a spacious island, and stainless steel appliances — perfect for cooking and entertaining. The cozy living room is centered around a stunning wood-burning fireplace, ideal for creating warm memories, especially during the holidays. The primary suite and secondary bedroom have been combined to create a sprawling en-suite retreat, offering plenty of space and comfort. Notable system upgrades include a newer presidential-style roof, newer sewer line under the home and out to the street, copper plumbing, central AC/heating, recessed lights, tankless water heater, a convenient service porch off the kitchen with laundry and energy-efficient Milgard dual-pane windows installed in 2019. Step into the backyard and discover the large parcel with synthetic grass, open space, possible RV access, ample parking and plenty of room to entertain or expand. You’ll also enjoy a bountiful avocado tree along with lime and orange trees — perfect for year-round enjoyment. All of this in a prime Lake Balboa location, just steps to Saticoy Plaza (featuring Starbucks, Ralphs, Panda Express, El Pollo Loco, The Chop Shop BBQ and Chase Bank), local favorite Humble Bee Cafe, and just a short drive to Lake Balboa Park, the Japanese Garden, Multiple Parks, Encino Farmers Market, Golf courses, Tennis Courts, Archery, the Metro, Ventura Blvd, the 101 and the 405 This home is full of potential, pride of ownership, and possibilities. Don’t miss your chance to make it yours! This property is also available for lease for $3,750 per month.

Nearby schools

3/10
Anatola Avenue Elementary School
Public,K-50.3mi
3/10
Anatola Avenue Elementary School
Public,K-50.3mi
7/10
Stagg Street Elementary School
Public,K-50.5mi
3/10
Gault Street Elementary School
Public,K-50.7mi
3/10
Gault Street Elementary School
Public,K-50.7mi
6/10
Lorne Street Elementary School
Public,K-50.7mi
6/10
Lemay Street Elementary School
Public,K-51.0mi
3/10
Bertrand Avenue Elementary School
Public,K-51.0mi
5/10
Lemay Street Elementary School
Public,K-51.0mi
5/10
Cantara Street Elementary School
Public,K-51.2mi
3/10
Bassett Street Elementary School
Public,PK-52.1mi
4/10
Bassett Street Elementary School
Public,K-52.1mi
4/10
Sylvan Park Elementary School
Public,K-53.2mi
9/10
Kester Avenue Elementary School
Public,K-54.1mi
3/10
William Mulholland Middle School
Public,6-80.9mi
5/10
William Mulholland Middle School
Public,6-81.2mi
3/10
Northridge Middle School
Public,6-81.5mi
2/10
Van Nuys Middle School
Public,6-84.3mi
4/10
Reseda Senior High School
Public,9-121.6mi
7/10
Northridge Academy High
Public,9-122.7mi
6/10
Van Nuys Senior High School
Public,9-123.4mi
5/10
Valley Academy Of Arts And Sciences
Public,9-123.7mi
5/10
Valley Academy Of Arts And Sciences
Public,9-123.7mi

Price History

Date
Event
Price
09/26/25
Price Change
$845,000-2.3%
07/26/25
$865,000
Condition Rating
Excellent

Despite being built in 1950, this property has undergone extensive and recent modern renovations, qualifying it for an 'Excellent' rating. The description explicitly states 'modern upgrades throughout the home' and lists significant system updates including a newer presidential-style roof, newer sewer line, copper plumbing, central AC/heating, recessed lights, tankless water heater, and energy-efficient Milgard dual-pane windows installed in 2019. The kitchen is fully updated with white shaker cabinets, stone countertops, a spacious island, stainless steel appliances (including a modern island-mount range hood), and a stylish blue subway tile backsplash with a farmhouse sink and trendy rose gold/copper faucet. Both bathrooms are also completely renovated with modern vanities, white subway tile showers (one with a tub, one walk-in), and contemporary fixtures. The entire interior features new LVP flooring and fresh white paint, giving it a virtually new feel. All components appear new or recently updated, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

ADU Potential: The property includes a detached garage with fully approved plans for an Accessory Dwelling Unit (ADU), offering significant potential for rental income or expanded living space.
Extensive Modern Upgrades: The home boasts numerous recent system upgrades including a newer presidential-style roof, sewer line, copper plumbing, central AC/heating, tankless water heater, and energy-efficient Milgard dual-pane windows (2019), ensuring modern comfort and reduced maintenance.
Updated Kitchen: The kitchen features stone countertops, a spacious island, and stainless steel appliances, providing a modern and functional space for cooking and entertaining.
Generous Outdoor Space & Amenities: A large 6,002 sq ft lot offers a spacious rear yard with synthetic grass, possible RV access, ample parking, and mature fruit trees (avocado, lime, orange), ideal for entertaining and expansion.
Prime Lake Balboa Location: Situated in a highly desirable Lake Balboa location, the property is steps away from Saticoy Plaza amenities (Starbucks, Ralphs, restaurants, banks) and a short drive to parks, golf courses, and major freeways (101, 405).

Cons

Bedroom Configuration: The property is currently configured as a 2-bedroom home (from an original 3-bedroom layout by combining the primary and secondary bedrooms), which may limit appeal to buyers specifically requiring three distinct bedrooms.
Age of Property: Built in 1950, despite significant modern upgrades, the underlying structure's age could lead to potential long-term maintenance considerations or higher insurance costs compared to newer constructions.
ADU Requires Construction: While ADU plans are approved, the new owner will need to undertake the construction project, incurring additional costs, time, and effort, which might deter buyers seeking a fully completed, move-in ready property with immediate rental income potential.

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