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Looking for a home in the San Fernando Valley? Check out Lake Balboa!

By
Real Estate Agent with Thrive Homes and Estates

 

Looking for a home in the San Fernando Valley?  Check out Lake Balboa!

 

If you’re looking for homes for sale in the San Fernando Valley and you’re confused about all the different neighborhoods, take a peek at my Neighborhood Guide for Lake Balboa.  The guide has info about parks, shopping, restaurants and more. Lake Balboa is a centrally located suburb in the San Fernando Valley filled with families, young couples and retirees.  Many of the properties in Lake Balboa were built in the late 40s and early 50s and carry the charm of that era with them.  It’s easily accessible to the 101 and 405 freeways and close to the Sherman Oaks Galleria and the Encino Commons.

 

One of the things I’ve noticed about homes for sale in Lake Balboa is that many of them have been renovated.  It seems investors agree with me that this neighborhood is very up-and-coming and are turning run down properties into turn-key starter homes for buyers. 

 

renovated home in Lake Balboa

This tastefully renovated property was fixed up by an architect and is now in escrow.

 

Altogether this year I’ve noticed at least 5 home renovations in the area (I’m sure there’s many more than I’ve noticed) where homeowner’s either fix it up before moving in or investors renovate and then re-sell.  Many of the homes are now sporting new kitchens, landscaping and even additions to the square footage of the home.  It appears to be increasing the value of homes in Lake Balboa.

 

Consider Lake Balboa if you’re looking for a home to buy in a great neighborhood in the valley.  There’s a wonderful pride of ownership and sense of community in this great area.  Read my neighborhood guide, then call me for a personalized tour of the homes for sale in Lake Balboa.

 

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This information is provided to you by Seana Yates with a commitment to support the Los Angeles community.

Helping Lake Balboa, Van Nuys, Encino, Tarzana, Reseda, Sherman Oaks, and Studio City communities thrive!
Seana Yates

Scott Brokers - Seana Yates, Realtor® in Los Angeles, CA
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Content & Photography Copyright © 2011 by Seana Yates

Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Seana, Welcome to Active Rain! Love your Facebook Page too. Very impressive signature page too, and I just love what you did on your Profile page too.

But, back to you blog tonight. This a cute little renovated home for any buyer in the Lake Balboa area. What is a home like this Selling For? 

Nov 02, 2011 05:14 PM
Seana Yates
Thrive Homes and Estates - Encino, CA

Thanks Jerry!  I've taken a lot of time to make my pages both informative and fancy. ;)

This home is a 3 bed, 2 bath that sold for $470,000.  There are others in the nieghborhood that are smaller, or not as completely renovated selling for $350,000-$450,000.  The non-renovated ones are selling around the low $300ks!  This is why investors are getting busy here.

Nov 03, 2011 07:02 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

Hi Seana -

 It's a pleasure to meet you. I hope you'll enjoy AR, it sure is a great community of wonderful and talented people. The featured property looks like a cute place, but I'm always astounded with the prices there...the investors should be busy. :)

Nov 04, 2011 06:21 AM
Seana Yates
Thrive Homes and Estates - Encino, CA

Hi Debb, good to meet you as well.  Yeah, the cost of living in L.A. is on the higher side, but the city has a lot going for it besides the fantastic weather.  I plan to keep blogging about all the ways I love Los Angeles.  :D

Nov 04, 2011 06:52 AM