7446 Dempsey
Lake Balboa, CA, 91406
$749,500
MLS: SR26079574
Beds
4
Baths
2
Sq Ft
1,579
Lot
0.14 ac
Year Built
1949
MLS #
SR26079574
Days on Market
2
Listed
Apr 16, 2026
Description
CALLING ALL INVESTORS- Great investment opportunity in Lake Balboa! This approximately 1,600 sq ft home features 4 bedrooms and 2 bathrooms with a functional layout and strong value-add potential. Property includes a detached garage with an additional approx. 300+ sq ft attached room, offering ADU conversion possibilities (buyer to verify). Garage is alley-facing, allowing for a separate and private entrance. Located in a desirable neighborhood with convenient access to freeways and close proximity to the FlyAway, making it appealing for commuters and future tenants. Ideal for investors and contractors looking to renovate and maximize value. Property sold as-is. Buyer to investigate and verify all information, including square footage, permits, and ADU possibilities.
Location
Lake Balboa, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Jennifer Romero · Rodeo Realty
Payment estimate
$5,506
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $74,950 · Loan: $674,550
- Principal & Interest
- $4,145
- Property tax (1.25%)
- $781
- Homeowners insurance
- $300
- Mortgage insurance
- $281
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 $26,233 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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