7927 Paso Robles Avenue
Lake Balboa, CA, 91406
$950,000
MLS: 226001090
Beds
2
Baths
1
Sq Ft
1,242
Lot
0.32 ac
Year Built
1947
MLS #
226001090
Days on Market
0
Listed
Mar 10, 2026
Description
Calling ALL INVESTORS!! Land! Land! Land! Outstanding Lake Balboa Location. Unlimited Possibilities & Endless Opportunities All On An Enormous 14,094 SqFt Lot In A Fantastic Lake Balboa Neighborhood. Ultra Rare Chance. Fabulous As-Is Or Create Your Dream Home Here. Great Location. Close To Everything. Opportunity At Its Best. Do Not Miss. Rare Offering. Check out AB 1033 to see the endless potential of the number of homes or ADU's that can be built on this property!!
Location
Lake Balboa, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Christopher English · Pinnacle Estate Properties, Inc.
Payment estimate
$6,899
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $95,000 · Loan: $855,000
- Principal & Interest
- $5,253
- Property tax (1.25%)
- $990
- Homeowners insurance
- $300
- Mortgage insurance
- $356
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 $33,250 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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