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6611 Gerald Ave, Lake Balboa, CA 91406

Sale Price: $897,000
May 1, 20251,494 sqft3 beds2 baths
Listed by: Mary Hill
License #: 01783566
Phone #: 818-605-7880
Sotheby's International Realty
Source:
CRMLS Logo
MLS #: 25529217

Property Description

$50K price reduction on a truly great property... THIS HOME QUALIFIES FOR A SPECIAL LOAN PROGRAM OFFERING BELOW 6% INTEREST RATE BASED ON ZIP CODE! Welcome to 6611 Gerald Avenue, a charming Lake Balboa gem that blends comfort, character, and incredible curb appeal. This beautifully maintained home features two true bedrooms plus a versatile bonus room, perfect for a third bedroom, home office, or creative studio. Inside, you'll find rich hardwood floors, abundant natural light, and a dedicated dining room that flows into a cozy family room. The updated kitchen boasts granite countertops, modern appliances, and a separate laundry area for convenience. Step outside to a lush, recently renovated backyard, ideal for relaxation or entertaining, complete with a hot tub and fruit-bearing plum and citrus trees. The property also includes a detached two-car garage with ADU potential. Don't miss your chance to own this special home in one of Lake Balboa's most desirable neighborhoods- close to Lake Balboa Park, public transit, Encino Farmers Market, Sepulveda Basin Dog Park, and so much more.
Assignment
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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

$15,123

TurboHome Estimated Value

$953,600

$638 sqft

High Valuation
$1,001,280
$670/sqft
Normal Valuation
$953,600
$638/sqft
Low Valuation
$905,920
$606/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$638/sqft$953,600

Neighborhood: Reseda

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Comparative Value

$650K

$755K

$875K

$897K

$951K

16420 Kittridge St 6, Van Nuys, CA 91406

Sale Price: $650,000

Selected Comparable

6714 McLennan Ave, Van Nuys, CA 91406

Sale Price: $755,000

Selected Comparable

6431 Petit Ave, Van Nuys, CA 91406

Sale Price: $875,000

Selected Comparable

6611 Gerald Ave, Lake Balboa, CA 91406

Sale Price: $897,000

Selected Comparable

6611 Gerald Ave, Lake Balboa, CA 91406

List Price: $899,000

Subject Property

16206 Hamlin St, Van Nuys, CA 91406

Sale Price: $951,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
6611 Gerald Ave, Lake Balboa, CA 91406

6611 Gerald Ave, Lake Balboa, CA 91406

List: $899,000

Listed: 5/1/2025

Area:1,494 sqft
Price/sqft:$602
Beds:3
Baths:2
Year Built:
Lot Size:6,001

Comparable Properties

COMPARABLE
Choose comps
6611 Gerald Ave, Lake Balboa, CA 91406

6611 Gerald Ave, Lake Balboa, CA 91406

Sale: $897,000

7/16/20250.00 mi

Area:1,494 sqft
Price/sqft:$600
Beds:3
Baths:2
Year Built:
Weight:22.6%
16206 Hamlin St, Van Nuys, CA 91406

16206 Hamlin St, Van Nuys, CA 91406

Sale: $951,000

7/28/20250.46 mi

Area:1,272 sqft
Price/sqft:$748
Beds:3
Baths:2
Year Built:
Weight:19.7%
6714 McLennan Ave, Van Nuys, CA 91406

6714 McLennan Ave, Van Nuys, CA 91406

Sale: $755,000

2/27/20250.37 mi

Area:1,418 sqft
Price/sqft:$532
Beds:3
Baths:2
Year Built:
Weight:19.6%
6431 Petit Ave, Van Nuys, CA 91406

6431 Petit Ave, Van Nuys, CA 91406

Sale: $875,000

10/23/20240.30 mi

Area:1,555 sqft
Price/sqft:$563
Beds:3
Baths:2
Year Built:
Weight:19.3%
16420 Kittridge St 6, Van Nuys, CA 91406

16420 Kittridge St 6, Van Nuys, CA 91406

Sale: $650,000

5/21/20250.16 mi

Area:1,540 sqft
Price/sqft:$422
Beds:3
Baths:3
Year Built:
Weight:18.8%

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