Lake Balboa is a scenic and centrally located neighborhood in the western San Fernando Valley. It offers a peaceful suburban lifestyle with all the conveniences of city living. Originally part of Van Nuys, the area officially became Lake Balboa in 2007, a shift that marked its rise as a distinct and increasingly sought-after community.
Known for its lush parks, tree-lined streets, and family-friendly atmosphere, Lake Balboa is ideal for homeowners seeking a balanced lifestyle. Lake Balboa Park's namesake is a standout feature—offering paddle boating, picnic areas, and miles of walking and biking paths within the expansive Anthony C. Beilenson Park.
Real Estate in Lake Balboa
Lake Balboa features a variety of single-family homes, many built in the postwar era, along with newer remodels and a growing number of modern upgrades. With average home prices in the $850,000–$1 million range and price per square foot averaging around $600, the neighborhood offers a relatively affordable entry point compared to nearby areas like Encino or Sherman Oaks—making it appealing for first-time buyers and long-term investors.
Lifestyle & Amenities
Residents enjoy access to green spaces, recreation centers, and a laid-back suburban vibe, all while being minutes from major shopping, dining, and employment hubs. The 101 and 405 Freeways make commuting across Los Angeles convenient, and the neighborhood's proximity to public transit and top-rated magnet schools adds to its livability.
Schools & Community
The Los Angeles Unified School District serves Lake Balboa and offers a selection of charter, magnet, and private school options. The community maintains a strong sense of pride and engagement, supported by local neighborhood councils and family-focused events throughout the year.
Investment Outlook
Lake Balboa represents a stable and promising real estate market with its prime location, consistent demand, and rising property values. For buyers seeking space, convenience, and value or investors looking for long-term appreciation, It is a residential gem with plenty of upside.
Lake Balboa features various homes, from well-maintained mid-century ranch-style properties to thoughtfully updated modern residences. Many homes sit on larger-than-average lots with mature trees, detached garages, and original architectural charm, making the area especially attractive to first-time buyers and long-term residents. The neighborhood’s quiet, tree-lined streets and proximity to schools, parks, and nature reserves create a strong sense of community and lifestyle appeal.
Lake Balboa is one of the most nature-connected neighborhoods in Los Angeles, centered around a vast network of parks and recreation areas that make outdoor living a year-round lifestyle.
This expansive urban greenbelt is directly adjacent to Lake Balboa and offers some of the most diverse recreational amenities in the city, including:
With access to this variety of parks, Lake Balboa residents enjoy one of the most active outdoor lifestyles available in Los Angeles.
Lake Balboa is home to a variety of well-loved neighborhood eateries, offering everything from casual brunch to bold, authentic flavors:
For elevated cuisine, residents head to Ventura Boulevard in nearby Encino and Sherman Oaks, where high-end restaurants and nightlife options abound.
Lake Balboa offers unbeatable centrality with access to:
Its location also places residents within easy reach of top employers in:
As a trusted name in Lake Balboa real estate, Justin Bonney brings deep local expertise and a proven track record of helping buyers and sellers succeed. Whether you're searching for your next family home or a wise investment, Lake Balboa delivers lifestyle, location, and long-term value.
54,404 people live in Lake Balboa, where the median age is 35.5 and the average individual income is $30,544. Data provided by the U.S. Census Bureau.
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There's plenty to do around Lake Balboa, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.
Explore popular things to do in the area, including Armenian BBQ, Lions Taekwondo Academy, and Reiynne Dekora Beauty.
Name | Category | Distance | Reviews |
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Dining | 4.23 miles | 7 reviews | 5/5 stars | |
Active | 1.63 miles | 34 reviews | 5/5 stars | |
Beauty | 3.82 miles | 5 reviews | 5/5 stars | |
Beauty | 4.6 miles | 13 reviews | 5/5 stars | |
Beauty | 4.7 miles | 21 reviews | 5/5 stars | |
Beauty | 3.15 miles | 5 reviews | 5/5 stars | |
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Lake Balboa has 18,686 households, with an average household size of 2.91. Data provided by the U.S. Census Bureau. Here’s what the people living in Lake Balboa do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 54,404 people call Lake Balboa home. The population density is 6,750.98 and the largest age group is Data provided by the U.S. Census Bureau.
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