Hot property! A rare Lake Balboa offering featuring a 3-bedroom, 2-bath main residence and a permitted 1-bedroom, 1.5-bath second dwelling unit. With two separate addresses, it provides exceptional flexibility for multi-generational living, rental income, or extended family use. Set behind remote-controlled electric gates, the property sits far back from the street on a 10,000+ sq ft lot with a long gated driveway, offering privacy and impressive curb appeal. The main residence offers a spacious and functional layout with a living room, family room, dining area, and full kitchen with quartz countertops. Interior updates include recessed lighting, smooth ceilings, and custom tile flooring throughout. A bonus room with a separate entrance adds flexibility and can be easily integrated into the main home. The second unit features a primary bedroom with private bath, guest half bath, large living area, full kitchen with quartz countertops, high ceilings, and access to a balcony and sun deck. The second unit benefits from separate water, gas, and electric meters and has its own address, offering privacy and independence. In addition, the property includes an existing converted area within the main structure that was originally a garage and recreation room. This space is currently improved with a kitchen, living area, bedroom, and bathroom; however, these improvements were completed without permits for their current use. Due to its location within the main residence and existing layout, this area may offer potential to be reconfigured as an ADU, subject to buyer verification, permits, and approval by the City. Major upgrades include full copper plumbing (including the main line from the street), upgraded 200-amp electrical panel and rewiring, newer gas line from the city, newer composition shingle roof, pre-wiring for home theater in two rooms, and an 8-camera security surveillance system. Exterior highlights include an oversized RV/boat garage with approximately 11-foot clearance, a large workshop or storage space at the rear of the property with utilities and A/C, and ample gated parking. Conveniently located near Lake Balboa Park, golf course, The Japanese Garden, off-leash dog park, FlyAway bus terminal, and with easy access to the 405 and 101 freeways, this is a unique opportunity offering privacy, flexibility, and exceptional utility in a desirable Valley location. Read photo descriptions.
Welcome to 7045 Woodley Ave, Unit 124 — a rare Lake Balboa offering featuring two true primary suites, each with its own full bathroom, plus a convenient half bath on the main living level. This thoughtfully designed tri-level townhome offers over 1,000 square feet of comfortable and flexible living space, ideal for modern lifestyles. One of only a limited number of units in the community with direct garage access, this home includes a 2-car attached garage complete with a bonus storage room—perfect for gear, seasonal items, or hobby space. The functional layout makes it well-suited for first-time buyers, roommates, or savvy investors seeking long-term value. The well-maintained HOA features resort-style amenities, including a pool and sauna. Importantly, the current list price includes a full payoff of the HOA special assessment, covering recent and ongoing construction work and improvements to the complex and community common areas—offering buyers added peace of mind and future value. Centrally located near the 405 freeway and in the heart of the San Fernando Valley, this home provides convenient access to shopping, dining, recreation, and major commuter routes in a high-demand rental and owner-occupied market.
Welcome to this expansive single family residence located in the highly sought after Lake Balboa neighborhood. Thoughtfully updated over the years, this home offers incredible space, comfort, and versatility to suit a variety of needs. The main level features six bedrooms and seven bathrooms, along with a den and office that provides ample room for family, guests, or workspace. The spacious living room flows seamlessly into an adjacent dining area, creating the perfect setting for gatherings and entertaining. The kitchen offers granite countertops, a stylish backsplash, and a light filled breakfast area ideal for casual dining. Upstairs, you'll find a spacious family room with exterior access, a seventh bedroom with a half bath, and a large home theater room complete with its own private guest bath making it an ideal retreat for movie nights or entertaining. With a total of seven bedrooms and nine bathrooms, this home is perfectly suited for multi-generational living or could offer potential for a possible home-style care facility (buyer to verify possible uses with the city). Centrally located in Lake Balboa, this exceptional property offers easy access to major freeways, allowing for convenient travel throughout Los Angeles. A rare find offering both size and flexibility, this home presents a wonderful opportunity in one of the Valley's most desirable communities.
Lake Balboa is located in California.
