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Lake Balboa, Los Angeles

Lake Balboa is a neighborhood in Los Angeles, California.

Despite the somewhat busy feel, there are a lot of green spaces to enjoy in Lake Balboa. Getting to parks from a lot of locations in the neighborhood, including Sepulveda Basin Recreation Area, is easy and there are a few of them nearby for residents to relax in. Lastly, this part of Los Angeles is relatively quiet, thanks to the presence of few people out and about on the streets; however noise levels are higher closer to San Diego Freeway, the airport (Van Nuys Airport) or the railway line.

A majority of the housing growth in Lake Balboa happened prior to the 1960s. In this neighborhood, around 55% of the dwellings are single detached homes, and the remaining homes are mainly large apartment buildings. Renters occupy roughly 55% of the dwellings in Lake Balboa and 45% are occupied by owners. This part of the city has quite a good selection of housing sizes, ranging from lofts to four or more bedrooms.

It is a rather short walk to get to both primary and secondary schools from any location in this part of the city. Residents have the choice between public and private schools at both the elementary and high school level. Concerning food, home buyers in Lake Balboa will value that a grocery store is always only a short walk away. Furthermore, those who like to dine in restaurants will have a fair number of opportunities, and house buyers benefit from about 10 cafes as well.

A majority of the houses for sale in this neighborhood are located in places that are well-suited for walking; carrying out daily needs is easy. Driving is a very good medium of transportation in Lake Balboa. Most houses for sale are a rather short car ride from the nearest highway, such as San Diego Freeway, and it is easy to park. On the other hand, getting around by transit can be difficult in Lake Balboa due to the service's low frequency. Nonetheless, the neighborhood is served by a few bus lines, and the closest bus stop is usually just around the corner.

Real Estate

Homes on Market

33

Median List Price

$598,000

Median List Price per sqft

$411
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