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7032 Encino, Lake Balboa, CA 91406

$1.10M4bd · 2ba · 1,928 sqft
Lot 8,193 sqft•Single Family Residence•
Active
•35d on market•MLS# SR-26193355

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

FeeBuilt 1951

Property Details

Land Type
Fee
Year Built
1951
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air, None, See Remarks
View
Neighborhood
City
Lake Balboa
Zip Code
91406
County
Los Angeles
Listed byUnknown Office, George Kpachavi

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,557.14
Principal & Interest
Loan Amount
$879,200
Total Interest
$1,121,371
Total Payment Over 30 Years
$2,000,571
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

7032 Encino, Lake Balboa, CA 91406

Lake Balboa · Single Family Residence

$1.10M
Residential Tier
Beds
4
Baths
2
Sqft
1,928
Lot
8,193 sqft
Year
1951
$/Sqft
$570
Pool: No✓
Spa: Yes✓
View: Neighborhood✓

Listed in line with the median closed sale of $1,100,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.10M· $570/sqft
Total list price
Closed comps
vs closed median $1.10M
−$1K (−0.1%)
Active comps
vs active median $1.02M
+$74K (+7.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $575
−$5 (−0.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
17001 CantaraLake Balboa1953321,7108,649$642$1.10M7283
7446 Dempsey AvenueLake Balboa1949421,5796,201$696$1.10M283
7227 Whitaker AvenueLake Balboa1959431,8206,958$494$899,000882
16750 Valerio StreetLake Balboa1968321,9806,238$518$1.02M2580
7508 Paso Robles AvenueLake Balboa1950321,6146,717$526$849,0008880
Total: 5 · Average3.42.21,740.66,952.6$575.2$993,80039
Median1,710$1.02M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
17213 Gault StreetLake Balboa195609/25/2026421,9157,201$985,000$985,000$5141.005088
6500 PetitLake Balboa195307/17/2026421,8396,746$945,000$945,000$5141.004886
6723 Bianca AvenueLake Balboa196406/11/2026422,0008,743$1.17M$1.14M$5680.977185
6834 ShoshoneLake Balboa194907/02/2026432,1768,063$1.08M$1.10M$5061.023583
6820 Texhoma AvenueLake Balboa194909/29/2026432,2818,062$1.20M$1.16M$5090.973983
Total: 5 · Average4.02.42,042.27,763$1.06M$1.06M$522.2—48.6
Median2,000$1.10M$1.10M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.