Situated on a charming, tree-lined street in desirable Lake Balboa, this REO (lender owned) property presents an outstanding opportunity for investors or buyers ready to add value. The home is set back from the main street with a green buffer that creates separation from the roadway and enhances privacy and curb appeal. Offering 4 bedrooms and 2 bathrooms, the property has great bones and a functional layout with select hardwood floors and recessed lighting already in place. The spacious rear yard boasts mature fruit trees, providing ample room for outdoor living, possible expansion, or re-imagining the space. The home may not qualify for conventional financing, making it ideal for cash buyers or experienced investors seeking upside in a well-established neighborhood. Conveniently located near shopping, parks, dining, and commuter routes, this is a rare chance to restore and customize a home in one of the Valley's most in-demand yet still affordable communities.
The income description goes here to explain
| List Price | $650,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,508 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1950 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2229032001 |
| MLS # | 26633653 |
| Property ID | 322486325 |
| Lot Sqft | 6,493 |
| Zoning | LAR1 |
| Days on Market | 7 |
| Original List Price | $650,000 |
| Date Updated | January 13, 2026 |
| Date Created | January 06, 2026 |
Warren Selko an agent of . Lic #01815238
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT