Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

7320 Balboa Boulevard 102

Lake Balboa, CA, 91406

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$465,000

MLS: SR26069547

Beds

2

Baths

2

Sq Ft

916

Lot

1.22 ac

Year Built

1990

MLS #

SR26069547

Days on Market

18

Listed

Apr 1, 2026

Description

Open House: Sunday, Apr 19, 1:00PM-4:00PM. With a private 2-car garage and laundry, this remodeled 2-bed, 2-bath condo features dual balconies off the living room and primary bedroom, a white shaker kitchen with stainless steel appliances, and a primary suite with a walk-in closet and double-sink ensuite, all within a gated 1990-built community with pool and spa. The bright interior offers central air and heat, upgraded interior doors, laminate flooring, recessed lighting, and window blinds throughout. The living room fireplace has been refaced with a sleek, modern look. The dining area easily accommodates a full-size dining table and opens through sliding doors to a spacious private balcony. The kitchen is updated with white shaker cabinetry and quartz countertops. The primary suite features its own private balcony, a walk-in closet, and a large ensuite bath with a double-sink vanity, tub, and tiled floors and walls. The hallway bathroom is equally updated with tasteful, modern finishes. Both bedrooms are well-sized and positioned on the quieter side of the community, away from Balboa Blvd. Excellent location in a desirable Lake Balboa pocket, just 0.7 miles from Ralphs, Starbucks, and The UPS Store, with easy access to the 101 and 405 freeways. Enjoy the community pool and spa, along with close proximity to neighborhood parks, offering the perfect balance of indoor-outdoor living. Schedule your showing today.

Location

Lake Balboa, Los Angeles County, CA 91406

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Listed by: Arthur Aslanian · Equity Union

Payment estimate

$3,530

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $46,500 · Loan: $418,500

%
Principal & Interest
$2,571
Property tax (1.25%)
$484
Homeowners insurance
$300
Mortgage insurance
$174
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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 $16,275 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.

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