7032 Encino
Lake Balboa, CA, 91406
$1,099,000
Original list price: $1,150,000
MLS: SR26193355
Beds
4
Baths
2
Sq Ft
1,928
Lot
0.19 ac
Year Built
1951
MLS #
SR26193355
Days on Market
39
Listed
Sep 10, 2026
Description
BUYER INCENTIVE AVAILABLE! INTEREST RATE BUYDOWN, CLOSING COST ASSISTANCE, OR OTHER PURCHASE EXPENSES MAY BE CONSIDERED WITH AN ACCEPTABLE OFFER! Located in the desirable Lake Balboa area, this spacious and beautifully upgraded 4-bedroom, 2-bathroom home offers approximately 1,928 sq. ft. of living space on a generous 8,193 sq. ft. lot (60' x 136'). Built in 1951, the home combines timeless character with valuable modern upgrades. Highlights include a PAID-OFF SOLAR SYSTEM, copper repipe, overbuilt HVAC system, central heating and A/C, and a new 50-gallon water heater. The kitchen features custom cabinetry with convenient pull-out storage in most cabinets and the pantry, along with a new refrigerator. The floored and well-lit attic offers approximately 1,000 sq. ft. of additional storage, while ample brick patios in both the front and rear provide inviting spaces for entertaining and relaxing. A hot tub adds an extra touch of comfort. Conveniently located near shopping, dining, parks, schools, major streets, and everyday amenities, this home offers an exceptional combination of space, upgrades, and location in the San Fernando Valley.
Location
Lake Balboa, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: George Kpachavi · LPT Realty, Inc
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$8,705
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $109,900 · Loan: $989,100
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,848
- Property tax (1.25%)
- $1,145
- Homeowners insurance
- $300
- Mortgage insurance
- $412
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $38,465 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
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