ActiveCondominium

7100 Balboa Boulevard 703

Van Nuys, CA, 91406

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$589,000

MLS: 26680867

Beds

2

Baths

3

Sq Ft

1,580

Lot

3.43 ac

Year Built

1980

MLS #

26680867

Days on Market

10

Listed

Apr 8, 2026

Description

PRICE ADJUSTMENT! BIGGER AND BETTER THAN MOST! 2 BDRM/2.5BA TOWNHOUSE! Amazing 3-Level, 1,580 sqft home located in a Quiet and Secure Complex in Lake Balboa. This Home offers Privacy and Space - Unique! On the Ground Floor - find lots of Natural Light, Soaring Ceilings and a Great Room with Plantation Shutters, Engineered Wood Flooring, Fireplace, Kitchen, Dining Area and Patio. The Primo KITCHEN features Newer Stainless-Steel Appliances, dining area, balcony and Pantry. Up the stairs to the 3rd Level are the Primary and 2nd Bedrooms each with its own bathroom as well as a Laundry Room with Newer Washer and Dryer. HUGE Primary suite has its own mini-split AC unit, a Jacuzzi Style Tub, Dual Vanity Sinks and a Large Walk-In Shower - STUNNING! 2 large closets and an office/sitting room finishes this Masterpiece! BONUS! Oversized 2-Car Garage. VA APPROVED! Minutes from Lake Balboa Park and Woodley Golf Course. Easy access to the 101 Freeway for seamless connectivity throughout the Los Angeles area.

Location

Van Nuys, Los Angeles County, CA 91406

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Listed by: Jane Dalea-Kahn · Compass

Payment estimate

$4,391

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $58,900 · Loan: $530,100

%
Principal & Interest
$3,257
Property tax (1.25%)
$614
Homeowners insurance
$300
Mortgage insurance
$221
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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 Van Nuys home with as little as 3.5% down using an FHA loan — roughly $20,615 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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