ActiveSingleFamilyResidence

6929 Shoshone

Lake Balboa, CA, 91406

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$1,295,000

MLS: OC26085477

Beds

5

Baths

3

Sq Ft

2,168

Lot

0.19 ac

Year Built

1949

MLS #

OC26085477

Days on Market

1

Listed

Apr 20, 2026

Description

Lake Balboa Home + Permitted Detached ADU | Live Here & Generate Income Beautifully upgraded 3-bedroom, 2-bath home plus a permitted detached ADU with its own separate address (6927 Shoshone Ave) and dedicated electric meter. Priced at $1,295,000 in the highly desirable Lake Balboa neighborhood. The main house features a bright, open floor plan filled with natural light, three French doors opening to the backyard, a spacious family room, den, dining area, and laundry room. The detached ADU provides excellent flexibility with 2 bedrooms, 1 bath, full kitchen, two split AC units, and its own private yard. Approximate total living space is 2,168 sq ft. Ideal for owner-occupants seeking rental income to offset the mortgage, multi-generational living, or investors. Enjoy a private backyard oasis with a jacuzzi and mature grapefruit tree. Electrical systems are upgraded: 150-amp panel with EV charging capability for the main house and a 200-amp panel for the ADU with capacity for a future Junior ADU. It is conveniently located minutes from Lake Balboa Park, the 101 and 405 freeways, shopping, and dining. Buyer to verify all permits, square footage, and allowable uses. Images may include enhancements or virtual staging.

Location

Lake Balboa, Los Angeles County, CA 91406

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Listed by: Carl Wuestehube · Tri-Star Realty

Payment estimate

$9,296

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $129,500 · Loan: $1,165,500

%
Principal & Interest
$7,161
Property tax (1.25%)
$1,349
Homeowners insurance
$300
Mortgage insurance
$486
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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 $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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