7255 Balboa #20
Lake Balboa, CA, 91406
$510,000
2 Beds
2 Baths
1,118 SqFt
0.83 Acres
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MLS #SR26092094 image #0
This is an outstanding opportunity in the heart of Lake Balboa. Perfect for first-time buyers, small families, or anyone looking for an affordable and well-appointed home. Conveniently located near shopping, restaurants, and easy access to the 101 Freeway.
This beautifully updated condo features two bedrooms and two bathrooms, along with a spacious living room, dining area, and kitchen complete with a breakfast bar. The home is filled with natural light, creating a bright and inviting atmosphere throughout.
Recent upgrades include new flooring, all new appliances, a refreshed fireplace, and resurfaced wood cabinetry with added built-in shelving for both style and functionality. The popcorn ceilings have been removed, giving the home a clean, modern feel.
The primary bedroom is privately situated toward the back of the unit, offering a quiet and comfortable retreat. A standout feature is the full-size laundry room with floor-to-ceiling cabinets, providing excellent storage. Additional closet space is thoughtfully placed throughout the home.
Enjoy a large outdoor patio with gated entry and a security alarm system, perfect for relaxing or entertaining. This is an end unit with only one shared wall, offering added privacy. A two-car tandem garage is conveniently located below the unit.
To top it off, all furniture and appliances are included, making this a true move-in-ready opportunity.
This property may qualify for up to $161,000 in down payment assistance, making homeownership more accessible than ever.

Property Details

Price:
$510,000
MLS #:
SR26092094
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Neighborhood:
lkbllakebalboa
Listed Date:
May 4, 2026
Finished Sq Ft:
1,118
Lot Size:
36,046 sqft / 0.83 acres (approx)
Year Built:
1981
Lkbl – Lake BalboaLkbllakebalboaLos Angeles UnifiedNone

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Schools

School District:
Los Angeles Unified

Interior

Bathrooms
2 Full Bathrooms
Cooling
CA
Heating
CF
Laundry Features
IN
Levels
A
Main Level Bathrooms
1
Main Level Bedrooms
1

Exterior

Attached Garage YN
1
Common Walls
_1CW
Community Features
SDW
Garage Spaces
2
Parking Spots
2
Parking Total
2
View
NO

Financial

HOA Fee
$575
HOA Fee Frequency
MO

Map

Community

Market Summary

Current real estate data for Condo in Lake Balboa as of May 16, 2026
4
Condo Listed
62
Avg DOM
453
Avg $ / SqFt
$490,500
Avg List Price

Property Summary

    7255 Balboa #20 Lake Balboa CA is a Condo for sale in Lake Balboa, CA, 91406. It is listed for $510,000 and features 2 beds, 2 baths, and has approximately 1,118 square feet of living space, and was originally constructed in 1981. The current price per square foot is $456. The average price per square foot for Condo listings in Lake Balboa is $453. The average listing price for Condo in Lake Balboa is $490,500.

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7255 Balboa #20
Lake Balboa, CA