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$599,000
MLS: 26796737
Beds
3
Baths
1
Sq Ft
1,124
Lot
0.14 ac
Year Built
1950
MLS #
26796737
Days on Market
5
Listed
Apr 26, 2026
Description
Investor Opportunity in the heart of Lake Balboa. Bring your contractor and vision to this 3-bedroom, 1-bath super fixer located in the highly desirable Lake Balboa neighborhood. The property offers tremendous potential, featuring a detached two-car garage ideal for an ADU conversion. This single family home has lots of deferred maintenance, making it an excellent candidate for a complete remodel or redevelopment project. Enter to a front facing living room with original wood floors preserved under carpet which flows to the dining area. Full bathroom with tub and original tile in the hallway. 3 bedrooms all boasting original wood flooring and original wood framed windows. Past the kitchen is a laundry room with laundry hookups and a door that leads to a large, covered, rear patio. Home measures 1,124 of living space and the lot is 60 feet wide by 100 feet deep for a 6,000 sq. foot lot, providing ample space for expansion. Fantastic location just needs lots of TLC. Looking for your next project? Here it is, so don't delay. Priced to sell.
Location
Van Nuys, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Dan May · KW Westside Estates
Payment estimate
$4,560
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,900 · Loan: $539,100
- Principal & Interest
- $3,411
- Property tax (1.25%)
- $624
- Homeowners insurance
- $300
- Mortgage insurance
- $225
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 Van Nuys home with as little as 3.5% down using an FHA loan — roughly $20,965 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
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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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