
7032 Encino, Lake Balboa, CA 91406
7032 Encino, Lake Balboa, CA 91406
Property Description
BUYER INCENTIVE AVAILABLE! INTEREST RATE BUYDOWN, CLOSING COST ASSISTANCE, OR OTHER PURCHASE EXPENSES MAY BE CONSIDERED WITH AN ACCEPTABLE OFFER! Located in the desirable Lake Balboa area, this spacious and beautifully upgraded 4-bedroom, 2-bathroom home offers approximately 1,928 sq. ft. of living space on a generous 8,193 sq. ft. lot (60' x 136'). Built in 1951, the home combines timeless character with valuable modern upgrades. Highlights include a PAID-OFF SOLAR SYSTEM, copper repipe, overbuilt HVAC system, central heating and A/C, and a new 50-gallon water heater. The kitchen features custom cabinetry with convenient pull-out storage in most cabinets and the pantry, along with a new refrigerator. The floored and well-lit attic offers approximately 1,000 sq. ft. of additional storage, while ample brick patios in both the front and rear provide inviting spaces for entertaining and relaxing. A hot tub adds an extra touch of comfort. Conveniently located near shopping, dining, parks, schools, major streets, and everyday amenities, this home offers an exceptional combination of space, upgrades, and location in the San Fernando Valley.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Lake Balboa · Single Family Residence
Listed in line with the median closed sale of $1,100,000.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 17001 Cantara | Lake Balboa | 1953 | 3 | 2 | 1,710 | 8,649 | $642 | $1.10M | 72 | 83 |
| 7446 Dempsey Avenue | Lake Balboa | 1949 | 4 | 2 | 1,579 | 6,201 | $696 | $1.10M | 2 | 83 |
| 7227 Whitaker Avenue | Lake Balboa | 1959 | 4 | 3 | 1,820 | 6,958 | $494 | $899,000 | 8 | 82 |
| 16750 Valerio Street | Lake Balboa | 1968 | 3 | 2 | 1,980 | 6,238 | $518 | $1.02M | 25 | 80 |
| 7508 Paso Robles Avenue | Lake Balboa | 1950 | 3 | 2 | 1,614 | 6,717 | $526 | $849,000 | 88 | 80 |
| Total: 5 · Average | 3.4 | 2.2 | 1,740.6 | 6,952.6 | $575.2 | $993,800 | 39 | |||
| Median | 1,710 | $1.02M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17213 Gault Street | Lake Balboa | 1956 | 09/25/2026 | 4 | 2 | 1,915 | 7,201 | $985,000 | $985,000 | $514 | 1.00 | 50 | 88 |
| 6500 Petit | Lake Balboa | 1953 | 07/17/2026 | 4 | 2 | 1,839 | 6,746 | $945,000 | $945,000 | $514 | 1.00 | 48 | 86 |
| 6723 Bianca Avenue | Lake Balboa | 1964 | 06/11/2026 | 4 | 2 | 2,000 | 8,743 | $1.17M | $1.14M | $568 | 0.97 | 71 | 85 |
| 6834 Shoshone | Lake Balboa | 1949 | 07/02/2026 | 4 | 3 | 2,176 | 8,063 | $1.08M | $1.10M | $506 | 1.02 | 35 | 83 |
| 6820 Texhoma Avenue | Lake Balboa | 1949 | 09/29/2026 | 4 | 3 | 2,281 | 8,062 | $1.20M | $1.16M | $509 | 0.97 | 39 | 83 |
| Total: 5 · Average | 4.0 | 2.4 | 2,042.2 | 7,763 | $1.06M | $1.06M | $522.2 | — | 48.6 | ||||
| Median | 2,000 | $1.10M | $1.10M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.