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Condos for Sale in Lake Balboa, Los Angeles

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  • Overview
  • Market Summary
  • 1 Bedroom Condos
  • 2 Bedroom Condos
  • 3+ Bedroom Condos
  • Pet-Friendly Condos
  • Condos with Stunning Views
  • Accessible Condos
  • Schools
  • Neighbourhood
  • Demographics

About Lake Balboa

Lake Balboa is a charming neighborhood in Los Angeles. The area features a mix of residential homes and local businesses. It offers a relaxed atmosphere that feels welcoming to families and individuals alike. With its close-knit community vibe, this district is a great place for those looking to settle down in a quiet part of the city. Units with 2 bedrooms 974.0 - 1499.0 sq ft, three-plus 1641.0 - 1641.0 sq ft fit a range of needs.

Lake Balboa Market Summary

The condo mix runs from luxury high-rises to restored mid-rises, many with bay or ocean views, concierge, pools, and fitness centers.

Average Condo Sizes

1 Bedroom avg size-
2 Bedroom avg size1197 sqft
3 Bedroom avg size1641 sqft

Pricing and Liquidity

No price and liquidity data available.

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1 Bedroom Condos

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2 Bedroom Condos

AVG PPSF$432.24 /sqft
AVG SOLD PRICE$509,166.67
AVG DAYS ON MARKET58 Days
Lake Balboa features several 2-bedroom condos that vary in size from 974 to 1,499 sq ft. Most sit close to local parks and community centers, making the area lively. Walkers can enjoy wide sidewalks and benches under mature trees. Nearby, street lights brighten evenings, enhancing safety for strolls. Prices for these condos average around $509,167. Many spend about 58 days on the market. This community highlights easy access to bus stops and corner stores, providing everyday conveniences. Residents appreciate the blend of nature and modern living, with neighborhood features that invite exploration and daily activity. Overall, Lake Balboa offers a vibrant setting for condo living.

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3+ Bedroom Condos

AVG PPSF$359.54 /sqft
AVG SOLD PRICE$590,000
AVG DAYS ON MARKET50 Days
Lake Balboa features various 3-bed condos. Currently, these units span 1,641 sq ft and lie near friendly corner stores and local parks. Sidewalks offer smooth walks, with benches and street lights adding charm to the area. Most 3-bed condos have a typical price of $590,000. Buyers can expect these condos to stay on the market for around 50 days. Having access to bus stops allows easy travel throughout the city. Many of these homes also showcase well-maintained landscapes with blooming plants and shady trees. Cost per square foot averages about $360, reflecting the desirable location and community amenities available.

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Pet-Friendly Condos

AVG PPSF$438.28 /sqft
AVG SOLD PRICE$490,000
AVG DAYS ON MARKET14 Days
Lake Balboa has a lively pet-friendly condo market. Currently, residents enjoy parks such as Lake Balboa Park and amenities like shops and schools within walking distance. Pets are welcome, which makes these condos a great choice for animal lovers. Prices average around $490,000, with homes lasting about 14 days on the market. Many units range from cozy studios to larger two-bedroom spaces, catering to different needs. With a cost of about $438 per sq ft, buyers can find great value in this desirable area. Enjoy outdoor walks, nearby trails, and local cafes that accept pets, making Lake Balboa a wonderful place for living with pets.

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Accessible Condos

AVG PPSF$383.59 /sqft
AVG SOLD PRICE$575,000
AVG DAYS ON MARKET55 Days
Lake Balboa offers condos priced at $575,000. Most units average around 1,500 sq ft and sit near popular spots like Balboa Park, which is great for walking or picnics. Currently, schools such as Byron Magnet School and Enslesy Elementary School serve the area, with families often using these for education needs. Nearby shopping centers give access to food and everyday items. Each condo shows a cost of about $384 per sq ft, making it a competitive market. Actual market time for these condos is around 55 days, reflecting a stable interest among buyers. Streets lined with trees and sidewalks enhance the appeal of this charming community.

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Schools

High Tech LA and Daniel Pearl Journalism & Communications Magnet cater to students in grades 9-12, focusing on hands-on learning and skills relevant for future careers. Birmingham Community Charter High School also serves grades 9-12, offering a rich curriculum that promotes critical thinking. Currently, Magnolia Science Academy 2 is open to grades 6-12, ensuring students keep pace with STEM fields while developing important life skills. Lemay Street, Lorne Street, Anatola Avenue, Gault Street, and Stagg Street serve younger children from grades KG-5, creating a solid foundation in early learning. Finally, Mulholland Middle School serves grades 6-8, having a range of classes that prepare students for high school. Each school focuses on growth and development.

High Tech la

A
Public|Grades 912
17111 Victory Blvd

Daniel Pearl Journalism & Communications Magnet

A-
Public|Grades 912
6649 Balboa Blvd

Lorne Street Elementary

B+
Public|Grades KG5
17440 Lorne St

Lemay Street Elementary

B+
Public|Grades KG5
17520 Vanowen St

Birmingham Community Charter High School

B
Public|Grades 912
17000 Haynes St

Stagg Street Elementary

B
Public|Grades PK5
7839 Amestoy Ave

The Neighbourhood: Lake Balboa

Lake Balboa is centered on a large park with a lake and open green space. The area has paved walking and bike paths, picnic spots, and boating on calm water. This district offers sports fields, a community center, and small shopping strips with cafes and basic amenities. Schools and local clinics sit within short drives. Public buses and transit links connect the area to nearby commercial centers. Drivers use nearby freeways and main roads for longer trips. The park hosts community events and outdoor recreation year round.

Demographics

Average Resident age39 years old
Average household Income$86,924 /year
Average HouseHold Composition3 People
button icon What to know about Lake Balboa demographics:
  • Many residents have a Bachelor's degree, with 22.11% of the population holding this level of education.
  • The average age of people living here is about 39 years.
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Frequently Asked Questions about Lake Balboa

What is it like to live in Lake Balboa, Los Angeles, CA?

Lake Balboa is a mostly residential area with parks and lakes. It offers a suburban feel, making it suitable for families. The area has access to schools, shopping, and public transit, providing everyday conveniences.

Is Lake Balboa, Los Angeles, CA expensive?

Lake Balboa is generally more affordable compared to many neighborhoods in Los Angeles. Housing prices can vary, but it's often seen as a middle-range area. The cost of living is influenced by the availability of parks and schools.

What is the weather of Lake Balboa, Los Angeles, CA?

Lake Balboa has warm summers and mild winters. Summer temperatures often reach the 80s and 90s °F. Winters are cooler, usually in the 50s and 60s °F. Rain is mainly seen in the winter months.

How safe is Lake Balboa, Los Angeles, CA?

Lake Balboa has a mixed safety record, with some areas being safer than others. Crime rates are generally lower than in nearby neighborhoods. However, as in any urban setting, residents should remain aware of their surroundings.