7008 Encino Avenue, Lake Balboa, CA 91406

$1,895,000 Asking Price

8 beds
6 baths
3,158  sqft
Built in 1951

Three units on an 8,877 sq ft lot, each with its own address and private outdoor space, in a hot neighborhood! Ideal for investors or those seeking a primary residence with high rental income. This remarkable property consists of a 1,613 Sq Ft remodeled and expanded Main House with 4-Beds, 3-Baths, a 1,200 Sq Ft brand-new detached ADU with 3-Beds, 2-Baths, and a 345 Sq Ft brand-new JADU with 1-Bed, 1-Bath, located in one of the most desirable pockets of prime Lake Balboa. The main house has an open floor plan with primary and junior suites, a large living room opening to the outdoors, a brand-new kitchen with white shaker cabinetry, quartz countertops, stainless steel appliances, and a walk-in pantry, plus brand-new bathrooms. The primary suite includes a walk-in closet, sitting area, and sliding doors for outdoor access, while the other bedrooms and bathrooms are positioned on the opposite side for privacy. Additional features include inside laundry, central air & heat, new laminate floors, recessed lighting, and white vinyl fencing. The private outdoor space includes a large covered patio and a driveway for multiple cars. The new detached ADU includes 3 beds, 2 baths, its own address, private outdoor space, solar panels, and indoor laundry. The landscaped outdoor area has palm trees, pebble stones, and new sod, surrounded by a white vinyl fence. Inside, the open floor plan connects the spacious living room and the new kitchen with white shaker cabinetry, quartz countertops, and stainless-steel appliances. The primary bedroom has a large walk-in closet and a private bathro

Features & Amenities

Interior

General:
Copper Plumbing Full,Recessed Lighting
Laundry:
Inside
Flooring:
Laminate
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
N/K

Exterior

General:
Stucco
Style:
Ranch
Other Structures:
Guest House
Pool:
None
Parking:
Driveway, Parking spaces: 0

Construction

Roofing:
Shingle
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LAR1, 2228027002
View:
N/K
Fencing:
New Condition,Vinyl

Utilities

Utilities:
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Berkshire Hathaway HomeServices California Properties, Arthur Aslanian

About Van Nuys, CA

Housing

Number of Units
62,033
Median Home Value
$629,101
Median Rent
$1,371

67.32% of housing units are renter occupied.

3.95% are vacant.

Commute

Car
63.21%
Public Transportation
5.34%
Walk to Work
1.64%
Work from Home
28.33%
Other
0.75%

The median travel time to work is 27 minutes.

People

Population
171,714
Median Age
36.00
Median Household Size
2.88

Education

High School
21.14%
Associate’s Degree
7.27%
Bachelor’s Degree
22.22%
Graduate Degree
8.86%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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