$999,999
Original list price: $1,000,000
MLS: SR25264045
Beds
4
Baths
3
Sq Ft
1,649
Lot
0.29 ac
Year Built
1950
MLS #
SR25264045
Days on Market
53
Listed
Dec 11, 2025
Description
Discover a truly one-of-a-kind home in the desirable Lake Balboa neighborhood of the San Fernando Valley. Offering 1,649 sq. ft. of comfortable living space, this 4-bedroom, 3-bathroom residence is packed with potential and unique features you won’t find elsewhere. One of the standout features is the permitted 1,252 sq. ft. recreation/storage building, currently transformed into a professional-quality filming studio complete with an office and a sound-mixing/soundproof room—ideal for musicians, filmmakers, content creators, or anyone in need of a versatile creative workspace. In 2024, leased solar panels were added for energy efficiency, along with a newer electrical panel for peace of mind. Sitting on an expansive 12,742 sq. ft. lot, the property offers a generous grassy backyard with plenty of room to add a pool, plus a large side yard for additional outdoor possibilities. Conveniently located near shopping, dining, and major freeways, this home combines unique functionality with everyday convenience—perfect for those looking to live, work, and create in one inspiring space.
Location
Van Nuys, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Jeffrey Eisenberg · Southern Oaks Realty
Payment estimate
$7,417
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $100,000 · Loan: $899,999
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,700
- Property tax (1.25%)
- $1,042
- Homeowners insurance
- $300
- Mortgage insurance
- $375
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 Van Nuys home with as little as 3.5% down using an FHA loan — roughly $35,000 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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