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17419 Cohasset St, Lake Balboa
$1,500,000
3 Beds ⋅ 2 Baths ⋅ ACTIVE Status
Villa De Leone is anything but ordinary. Featured on HGTV's Zillow Gone Wild, this one-of-a-kind, European Baroque-inspired residence celebrates artistry, craftsmanship, and dramatic design.Nearly 1,800 square feet, the 3-bedroom, 2-bath home showcases hand-painted murals, ornate ceilings, custom millwork, marble, travertine, and mosaic detailing, French doors, chandeliers, and richly layered finishes throughout. Every space was thoughtfully designed to make a statement, giving the residence a character rarely found at this price point.Outside, a private resort-style setting unfolds across the approximately 6,000-square-foot property. A pool and spa are surrounded by mature landscaping, fountains, an outdoor bar and kitchen, and inviting spaces for dining, entertaining, and relaxing in complete privacy.The property also offers an office, recording studio, interior courtyard, and additional flexible spaces, while its distinctive aesthetic has made Villa De Leone a sought-after setting for filming, photography, private events, and celebrity gatherings.Located in Lake Balboa, just moments from Encino, Villa De Leone is more than a homeit is a singular Los Angeles residence created for someone who appreciates art, individuality, privacy, and unforgettable design.

17419 Cohasset St, Lake Balboa

Courtesy of Christie's International Real Estate SoCal, Katia W. De Los Reyes - CA DRE#01406423

6401 Whitman Ave, Lake Balboa
$1,499,999
37 Beds ⋅ 37 Baths ⋅ ACTIVE Status
Welcome to 6401 Whitman, a fully entitled 37 unit RTI( Ready to Issue) permit project perfect for Developers, Investors, Contractors, Builders ready to pull permits and start building right away in TIER 7 of the Section 8 Voucher Standards and in a High Resource area. This SHOVEL READY 100% Affordable ED1 project in Lake Balboa featuring 37 units including a manager's office that can be converted into a unit, 19-1 bedroom, 18- studios across a Type V, four story, fully stacked designed which features all wood frame floors on a corner lot that is a currently a vacant land. This design has significant savings in construction costs and time maximizing the most units with significantly lower construction costs compared to 5 stories and taller projects such as, Type III. Located in one of San Fernando valley's vibrant and high demand areas, Lake Balboa is just minutes to Encino, Sherman Oaks, Van Nuys and the property located directly across the street to Woodley park which is considered a high resource area on the map. The property is also directly across the street to the Orange Line and the freeway, while major shopping stores like Super King and COSTCO are very close by as well. There is also an opportunity to purchase the neighboring property and get close to almost 12,000 square feet on a double lot. Due to its central location, the area is within top employment hubs and is easy access to Encino, it is a highly desirable and attractive area that has lots of brand new construction apartments buildings nearby. The property is located in a TOC Tier 3 area because of it just a walk across the street to the Metro/Orange Line, making this very walkable and bike friendly. The stackable design features 15,111 square feet of livable area and 16,780 square feet of buildable area with units ranging from 268- 338 sq ft Studios and 352 to 465 sq ft- One bedrooms. Based on the most recent schedule 6 & 9 rents from the covenant, the total monthly rents from the 37 units would bring an estimated monthly gross income of $75,482 and yearly gross income of $905,784, or a buyer can look into achieving higher rents with Section 8 vouchers (buyer to verify). The most recent new Section 8 Voucher payment standards has this property and Zip code considered a TIER 7 with 1 bd priced at $2,370 and Studios at $2,110. Each floor has a laundry room, outdoor bicycle area and storage. The property is currently a vacant land ready to start building right away, shovel ready!! The plans have no parking required, so developers don't have to pencil the high costs that come with on-grade parking, increasing additional significant savings to the project's construction costs and affordability. A developer can break ground right away and there has been a lot of money invested in the area, LOCATION, LOCATION, LOCATION. Each unit is designed for maximum affordability and optimized rental income. This development presents a ultra rare and immediate opportunity for developers to bring much-needed affordable housing to one of San Fernando Valley's most sought-after areas. BUYER TO VERIFY ALL!

6401 Whitman Ave, Lake Balboa

Courtesy of Keller Williams Hollywood Hills, Daniel Lalezari - CA DRE#01949474

6401 Whitman Ave, Lake Balboa
$1,499,999
ACTIVE Status
Welcome to 6401 Whitman, a fully entitled 37 unit RTI( Ready to Issue) permit project perfect for Developers, Investors, Contractors, Builders ready to pull permits and start building right away in TIER 7 for Section 8 Voucher Standards and in a High Resource area. This SHOVEL READY 100% Affordable ED1 project in Lake Balboa featuring 37 units including a manager's office that can be converted into a unit, 19-1 bedroom, 18- studios across a Type V, four story, fully stacked designed which features all wood frame floors on a corner lot that is a currently a vacant land. This design has significant savings in construction costs and time maximizing the most units with significantly lower construction costs compared to 5 stories and taller projects such as, Type III. Located in one of San Fernando valley's vibrant and high demand areas, Lake Balboa is just minutes to Encino, Sherman Oaks, Van Nuys and the property located directly across the street to Woodley park which is considered a high resource area on the map. The property is also directly across the street to the Orange Line and the freeway, while major shopping stores like Super King and COSTCO are very close by as well. There is also an opportunity to purchase the neighboring property and get close to almost 12,000 square feet on a double lot. Due to its central location, the area is within top employment hubs and is easy access to Encino, it is a highly desirable and attractive area that has lots of brand new construction apartments buildings nearby. The property is located in a TOC Tier 3 area because of it just a walk across the street to the Metro/Orange Line, making this very walkable and bike friendly. The stackable design features 15,111 square feet of livable area and 16,780 square feet of buildable area with units ranging from 268- 338 sq ft Studios and 352 to 465 sq ft- One bedrooms. Based on the most recent schedule 6 & 9 rents from the covenant, the total monthly rents from the 37 units would bring an estimated monthly gross income of $75,482 and yearly gross income of $905,784, or a buyer can look into achieving higher rents with Section 8 vouchers (buyer to verify). The most recent new Section 8 Voucher payment standards has this property and Zip code considered a TIER 7 with 1 bd priced at $2,370 and Studios at $2,110. Each floor has a laundry room, outdoor bicycle area and storage. The property is currently a vacant land ready to start building right away, shovel ready!! The plans have no parking required, so developers don't have to pencil the high costs that come with on-grade parking, increasing additional significant savings to the project's construction costs and affordability. A developer can break ground right away and there has been a lot of money invested in the area, LOCATION, LOCATION, LOCATION. Each unit is designed for maximum affordability and optimized rental income. This development presents a ultra rare and immediate opportunity for developers to bring much-needed affordable housing to one of San Fernando Valley's most sought-after areas. BUYER TO VERIFY ALL!

6401 Whitman Ave, Lake Balboa

Courtesy of Keller Williams Hollywood Hills, Daniel Lalezari - CA DRE#01949474

7244 Chicopee Ave, Lake Balboa
$835,000
2 Beds ⋅ 1 Baths ⋅ ACTIVE Status
Welcome to 7244 Chicopee, where California cool meets design-forward living. Artfully reimagined and completely turn-key, this Lake Balboa stunner offers the perfect blend of mid-century ranch soul and clean, modern sophistication. Tucked away on a quiet cul-de-sac, the home greets you with a striking custom horizontal slat gate that opens into your private, sun-drenched sanctuary. Step inside the 944-square-foot interior where wide-plank flooring and crisp recessed lighting ripple across a luminous, open-concept floor plan. Two expansive picture windows and a seamless glass door designed to transition effortlessly from an intimate, light-filled sanctuary to an inviting venue for hosting under the stars. The kitchen is a visual statement featuring gleaming quartz countertops, a striking slat-wall design accent, premium stainless steel appliances, a chef-smart-ready gas range, and a spacious breakfast bar. Whether you're pouring slow-morning coffee in absolute peace or hosting an intimate dinner party that spills out into the evening air, this kitchen is engineered for both functional workspace and refined entertaining. The redesigned bathroom doubles as a minimalist retreat, pairing a floating dark vanity and matte black hardware with a frameless glass walk-in shower and striking penny-tile flooring. Step outside onto the generous 5,977-square-foot lot and discover a true modernist compound designed for dual-mode California living. Framed by indigo block walls, vibrant bougainvillea, and drought tolerant plants, the private backyard is an entertainer's paradise that effortlessly balances serene solitude with dynamic hosting capability. Twin metal-roofed pergolas structure the outdoor zones: a shaded lounge beneath bistro lighting and anchored by a central fire table for quiet, starlit evenings, alongside an adjacent al fresco dining pavilion complete with a built-in grill station. Step-stone paths wind past a cowboy pool and native landscaping, creating a seamless, resort-style flow that transitions effortlessly from peaceful daytime repose to unforgettable intimate evening gatherings.

7244 Chicopee Ave, Lake Balboa

Courtesy of eXp Realty of California Inc, Douglas Stockley - CA DRE#01755158

16750 Valerio St, Lake Balboa
$1,025,000
3 Beds ⋅ 2 Baths ⋅ ACTIVE UNDER CONTRACT Status
A warm, character-filled single-level home on a quiet cul-de-sac in Lake Balboa, offering nearly 2,000 square feet, 3 bedrooms, 2 baths, and a generously sized den/office with the potential to be converted to a 4th bedroom. :: The floor plan simply works. The living room, dining area, and eat-in kitchen connect with an easy, natural flow that feels both comfortable and functional. :: And the character is special. A gorgeous travertine entry, rich Brazilian chestnut hardwood floors, and an original Palos Verdes stone fireplace give the living room warmth and personality. :: The eat-in kitchen features newer cabinetry and stainless-steel appliances, with a separate dining area overlooking the backyard. The spacious primary suite includes a walk-in closet. Both bathrooms have been recently refreshed with new vanities, countertops, sinks, fixtures, and shower doors. Fresh interior paint in many areas adds a clean, updated feel. :: Big-ticket improvements include dual-pane windows, copper plumbing, an updated electrical panel, a bolted foundation, an EV charger, and a 25-panel solar system. The attached two-car garage connects directly to the home for everyday convenience. :: Then there's the backyard. Private, lush, and wonderfully established, with mature trees, layered greenery, an orange tree, plenty of space to gather, and a covered patio made for long dinners and evenings outdoors. The Valerio House is a true Southern California retreat. 3 bedrooms + flexible den/office | Nearly 2,000 SF | Cul-de-sac | Single level | Private yard | Solar | EV charger | Attached 2-car garage

16750 Valerio St, Lake Balboa

Courtesy of Equity Union, Allison Gold - CA DRE#01865934

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