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7517 Louise Ave, Lake Balboa, CA 91406

List Price: $865,000On Market FlagOn market
Jul 26, 20251,234 sqft3 beds2 baths
Listed by: Lonnie Mintz
License #: 01251366
Phone #: 818-999-2030
Rodeo Realty
Source:
CRMLS Logo
MLS #: SR25160244

Property Description

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!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,003

TurboHome Estimated Value

$932,600

$756 sqft

High Valuation
$979,230
$794/sqft
Normal Valuation
$932,600
$756/sqft
Low Valuation
$885,970
$718/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$756/sqft$932,600

Neighborhood: Reseda

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Comparative Value

$825K

$865K

$880K

$899K

$910K

$922K

7501 Balboa Blvd, Van Nuys, CA 91406

Sale Price: $825,000

Selected Comparable

7517 Louise Ave, Lake Balboa, CA 91406

List Price: $865,000

Subject Property

7254 Shoshone Ave, Van Nuys, CA 91406

Sale Price: $880,000

Selected Comparable

7306 Lasaine Ave, Van Nuys, CA 91406

Sale Price: $899,000

Selected Comparable

7513 Louise Ave, Van Nuys, CA 91406

Sale Price: $910,000

Selected Comparable

17144 Cantlay St, Van Nuys, CA 91406

Sale Price: $922,400

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
7517 Louise Ave, Lake Balboa, CA 91406

7517 Louise Ave, Lake Balboa, CA 91406

List: $865,000

Listed: 7/26/2025

Area:1,234 sqft
Price/sqft:$701
Beds:3
Baths:2
Year Built:
Lot Size:6,002

Comparable Properties

COMPARABLE
Choose comps
7501 Balboa Blvd, Van Nuys, CA 91406

7501 Balboa Blvd, Van Nuys, CA 91406

Sale: $825,000

2/25/20250.49 mi

Area:1,181 sqft
Price/sqft:$699
Beds:3
Baths:2
Year Built:
Weight:21.1%
17144 Cantlay St, Van Nuys, CA 91406

17144 Cantlay St, Van Nuys, CA 91406

Sale: $922,400

8/27/20240.41 mi

Area:1,213 sqft
Price/sqft:$760
Beds:3
Baths:2
Year Built:
Weight:20.8%
7513 Louise Ave, Van Nuys, CA 91406

7513 Louise Ave, Van Nuys, CA 91406

Sale: $910,000

7/10/20250.01 mi

Area:1,692 sqft
Price/sqft:$538
Beds:3
Baths:2
Year Built:
Weight:19.5%
7306 Lasaine Ave, Van Nuys, CA 91406

7306 Lasaine Ave, Van Nuys, CA 91406

Sale: $899,000

4/18/20250.27 mi

Area:1,517 sqft
Price/sqft:$593
Beds:3
Baths:2
Year Built:
Weight:19.3%
7254 Shoshone Ave, Van Nuys, CA 91406

7254 Shoshone Ave, Van Nuys, CA 91406

Sale: $880,000

7/16/20250.46 mi

Area:1,568 sqft
Price/sqft:$561
Beds:3
Baths:2
Year Built:
Weight:19.2%

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