Under ContractSingleFamilyResidence

17256 Lemay

Lake Balboa, CA, 91406

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$1,049,000

MLS: SR26068502

Beds

4

Baths

3

Sq Ft

1,728

Lot

0.22 ac

Year Built

1948

MLS #

SR26068502

Days on Market

10

Listed

Apr 10, 2026

Description

A rare opportunity to own a 4-bedroom, 3-bath, corner-lot home in the heart of Lake Balboa, offering space, versatility, and sunny outdoor living! The expansive nearly 10,000 sq ft lot provides endless possibilities, including an oversized detached garage, ideal for a future ADU or workshop! The thoughtfully designed outdoor spaces include drought-tolerant landscaping, a covered patio for year-round enjoyment, and a gas firepit, perfect for entertaining. Inside, the spacious kitchen is equipped with abundant cabinetry, extensive counter space, and stainless steel appliances, making it as functional as it is inviting. Just down the hall, the primary bedroom boasts a walk-in closet, with en suite bath with oversized glass enclosed shower, and separate jetted bathtub! The home also boasts generously sized bedrooms and two inviting fireplaces, quite rare for Lake Balboa! Newly refreshed with new interior and exterior paint, this home is move-in ready! Easy access to the 101, 405, and 118 freeways, and close to the beautiful Lake Balboa/Sepulveda Basin—positioned for growth ahead of the 2028 Olympics—offering both lifestyle and long-term investment value! This home checks all the boxes!

Location

Lake Balboa, Los Angeles County, CA 91406

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Listed by: Meghan Nyback · Equity Union

Payment estimate

$7,587

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $104,900 · Loan: $944,100

%
Principal & Interest
$5,801
Property tax (1.25%)
$1,093
Homeowners insurance
$300
Mortgage insurance
$393
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Lake Balboa home with as little as 3.5% down using an FHA loan — roughly $36,715 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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