PRICE REDUCED! EXCEPTIONAL ESTATE OPPORTUNITY: RARE 26,400 SQ FT LOT - LAKE BALBOA ADJACENT DUAL APPEAL: Premier Family Estate + Future Development Potential. Extraordinary 26,400 sq ft rare flat compound offers 5x the space of typical LA residential lots. Spanish-style main residence (2,675 sq ft, 4BR/2BA) features a desirable downstairs bedroom with adjacent full bath — ideal for relatives, guests, office/studio, or multigenerational living. Large upstairs bedrooms, each with its own walk-in closet. Central air and heating with ceiling fans throughout. Grand fireplace anchors the living space with arched entryways and French doors, creating an elegant flow. Hand-painted tile floors and thoughtful updates complement the authentic character. Owned 6.82 kW solar system, updated HVAC, plumbing, underground utility lines, and modern appliances throughout. Perfect for multigenerational living seeking space and privacy, buyers wanting estate-sized entertaining capabilities, investors interested in future development opportunities, or those seeking a unique compound with established character. ESTATE FEATURES: Resort-style pool and backyard made for entertaining. Bonus detached studio structure with full bath and kitchen, ideal for guest quarters, home office, or creative space. Multiple fruit trees and established gardens for a private mini-orchard feel. Children’s play area and abundant recreational space. U-shaped driveway with dual gates for easy ingress/egress and extensive parking throughout the compound. Gated privacy with room to breathe. PRIME LOCATION: Centrally located close to freeways, shopping, schools, and the amenities of Lake Balboa. Premium 91406 zip code. Strategic location approximately 0.5 miles from the proposed Sepulveda Transit Corridor station. DEVELOPMENT POTENTIAL: R1-1/RS-1 dual zoning. ADU opportunities. SB9 lot split potential. Previously under contract for ED1 conversion — transaction terminated due to buyer missing ED1 qualification deadline. 4th bedroom permit finalized — ZIMAS update pending.
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Asphalt, Circular Driveway, Controlled Entrance, Carport, Detached Carport, Driveway Level, Driveway, Gated, On Site, Oversized, Private, RV Access/Parking
Asphalt, Circular Driveway, Controlled Entrance, Carport, Detached Carport, Driveway Level, Driveway, Gated, On Site, Oversized, Private, RV Access/Parking
In Ground, Private, Diving Board, Fenced, Filtered
Built-in Features, Balcony, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, High Ceilings, Pantry, Storage, Tile Counters, Unfurnished, Dressing Area, Galley Kitchen, Loft, Primary Suite, Walk-In Pantry, Walk-In Closet(s), Attic, Entrance Foyer
Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Self Cleaning Oven, Water Heater, Dryer, Washer, Water To Refrigerator
Central, Ductless, Fireplace(s), Heat Pump, Natural Gas, Zoned, ENERGY STAR Qualified Equipment
Central Air, Ductless, Heat Pump, Wall/Window Unit(s), Zoned, ENERGY STAR Qualified Equipment
Brick, Drywall, Plaster, Stucco, Copper Plumbing
ZeroToOneUnitAcre, Drip Irrigation/Bubblers, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Landscaped, Level, Rectangular Lot, Trees, Value In Land
Double Pane Windows, Drapes, Stained Glass
Brick, Drywall, Plaster, Stucco, Copper Plumbing
Date | Details | Change |
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Price Reduced from $1,799,000 to $1,650,000 |
Hunter Plescia, Balboa Real Estate, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of August 25th, 2025 at 6:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.