$1,295,000
MLS: SR26107134
Beds
5
Baths
4
Sq Ft
1,874
Lot
0.14 ac
Year Built
1950
MLS #
SR26107134
Days on Market
21
Listed
May 16, 2026
Description
Lake Balboa! Extremely rare opportunity to acquire two homes on one lot in one of Lake Balboa’s leafiest, most-prime areas. The best of both worlds is offered with one house being a restored and remodeled classic three bed, two bath gem while the second house is all-new, providing contemporary styling with two bedrooms - each with en-suite baths. Each house faces a different street and has its own separate access, address, private yard and in-home laundry. Both have new roofs, plumbing, electrical panels, kitchens, appliances and bathrooms. Both homes have been professionally decorated with wood floors, dual-glazed windows, Walker Zanger tile, French doors and thoughtful touches throughout. There is no other property like this on the market, let alone in this price class. Great for extended families, home-based businesses or live in one and rent the other. This property offers flexibility, style and affordability all in one great, leafy package!
Location
Lake Balboa, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Artash Oganesyan · Artash Oganesyan
Payment estimate
$9,517
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $129,500 · Loan: $1,165,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,382
- Property tax (1.25%)
- $1,349
- Homeowners insurance
- $300
- Mortgage insurance
- $486
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $45,325 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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Local Market Stats
See Van Nuys, CA 91406 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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