7358 Paso Robles Ave

Lake Balboa, CA
$ 1,600,000 Beds 4 Baths 3 Sq 1,857
Monthly Estimate* How much can I afford?

Remodeled Home + PERMITTED ADU with Separate Address. Similar units in the area rent for approximately $2,000–$2,500/month (buyer to verify). This fully reimagined property offers modern upgrades throughout, including updated plumbing, electrical, windows, and recessed lighting. The main home features a bright open layout and a spacious primary suite with a walk-in closet and designer bathroom. The detached ADU is fully permitted, separately addressed, and equipped with its own entrance, bedroom, bathroom, and HVAC—ideal for rental income, multigenerational living, or added flexibility. Recent pricing adjustment reflects updated valuation based on property improvements, ADU income potential, and current market data. Turnkey opportunity for homeowners and investors alike.

Active

  • Price
  • $ 1,600,000
  • City
  • Lake Balboa
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • Los Angeles
  • Half Bathrooms
  • 0
  • Area
  • Lake Balboa
  • Lot Size
  • 0.1389 Acres
  • Zip
  • 91406
  • Sqr Footage
  • 1,857
  • Year Built
  • 1951
  • Style
  • MLS#
  • DW26035403
Listed By: Joe Hernandez Mejia with eXp Realty of Greater L.A; 626-764-1020
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 1857
Sewer Public Sewer
Cooling Central Air
Zoning LAR1
Pool Features None
Exclusions Staging furniture, decor, and all non-permanently attached personal property.
Year Built 1951
View None
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Biking,Curbs,Dog Park,Golf,Hiking,Park,Storm Drain(s),Street Lights,Sidewalks
County Los Angeles
New Construction false
Property Type Residential
HOA false
Contingency Seller prefers shortened contingency periods.
Garage Y/N false
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions From the 405 FWY exit Sherman Way and head west. Turn right on Louise Ave, then left on Strathern St, right on Paso Robles Ave — property will be on the right.
City Lake Balboa
Entry Location 1
Senior Community Y/N false
High School District Los Angeles Unified
Number Of Units Total 1
MLS Area LKBL - Lake Balboa
Lot Size Units Square Feet
Lot Size Square Feet 6050
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA,Government Loan,VA Loan
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Year Built Source Public Records
Tax Lot 020
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-02-27
PostalCity VAN NUYS

Interior Features

Interior Amenities All Bedrooms Down
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup,Gas Dryer Hookup,Inside,In Kitchen
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 4
Main Level Bathrooms 3
LivingAreaSource Other
Total Baths 3

Exterior Features

Lot Features 0-1 Unit/Acre
Water Source Public
Inclusions Appliances and all permanently installed fixtures included.
Lot Size Area 6050
Lot Size Acres 0.1389
Private Pool false
Lot Size Source Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/27/2026 Listed $1,198,000
3/27/2026 34% - $1,600,000

Property vs Zip Code Average in 91406

Price
AVG $1.05M
$1.6M
Year Built
AVG 1960
1951

Areas That We Cover

7358 Paso Robles Ave Lake Balboa, CA is a Single Family Home for sale at $1600000 with 1857 sqft and a lot size of 0.1389 Acres Acre(s). 7358 Paso Robles Ave Lake Balboa has 4 bedrooms, 3 baths and was built in 1951. The property's zip code is 91406 which is in Lake Balboa, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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