20855 Baltar Street
Winnetka, CA, 91306
$765,000
MLS: CV26077562
Beds
3
Baths
2
Sq Ft
1,383
Lot
0.18 ac
Year Built
1959
MLS #
CV26077562
Days on Market
1
Listed
Apr 21, 2026
Description
This prime Winnetka fixer-upper at 20855 Baltar St presents a rare "diamond in the rough" opportunity for investors, flippers, or savvy buyers looking to build immediate sweat equity. Situated in a quiet, established San Fernando Valley neighborhood, this 3-bedroom, 2-bathroom single-family residence features a spacious 1,383-square-foot floor plan on an expansive lot. The interior highlights include a mid-century brick fireplace and large French doors that invite natural light, offering a seamless flow to the backyard. While the property requires significant cosmetic updates and modernizing, the "good bones" and traditional ranch-style layout provide the perfect foundation for a contemporary transformation. The exterior serves as a massive value-add, featuring an in-ground swimming pool (currently empty) that is ready to be restored into a private summer retreat. Surrounded by mature greenery and a covered patio, the backyard offers the privacy and space required for high-end landscaping or a potential ADU addition (buyer to verify). The listing includes virtually staged photos to demonstrate the property's incredible potential once renovated with modern finishes. Priced competitively at $765,000, this home is a strategic entry point into the 91306 real estate market. Whether you are looking for your next renovation project or a custom home, 20855 Baltar St is a high-upside investment in a sought-after Los Angeles County pocket.
Location
Winnetka, Los Angeles County, CA 91306
Open on Google Maps ↗Listed by: Ruben Martinez · REDFIN CORPORATION
Payment estimate
$5,614
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $76,500 · Loan: $688,500
- Principal & Interest
- $4,230
- Property tax (1.25%)
- $797
- Homeowners insurance
- $300
- Mortgage insurance
- $287
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 Winnetka home with as little as 3.5% down using an FHA loan — roughly $26,775 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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