ActiveResidential · sale

6566 Andasol Avenue

Lake Balboa, CA 91406

$979,000

  • 3 beds
  • 2 baths
  • 1,794 sq ft
  • 0.15 acres
  • Built 1966

Listed by The ONE Luxury Properties · MLS #SR26189695

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PROPERTY QUESTIONS & SHOWINGS

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6566 Andasol Avenue, Lake Balboa, CA 91406 · MLS #SR26189695

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

A FEW THINGS TO NOTICE

What stands out.

Living spaces

This Spacious ,almost 1800 sf HOME has a Great Room with Cozy Fireplace and OPEN Floor plan.

Year built

Built in 1966.

Garage parking

2 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

NEW LISTING! WELCOME TO “ SERENTITY IN THE VALLEY !”LOCATED on the MOST COVETED AND QUIET streets in Lake Balboa and Encino Adjacent .The Property is surrounded by 1/2 acre ESTATE lots UNDER A CANOPY OF MAJESTIC OAK TREES. This Spacious ,almost 1800 sf HOME has a Great Room with Cozy Fireplace and OPEN Floor plan. There is an REMODELED KITCHEN with a Breakfast Nook off the Family room with soaring Cathedral ceilings and a second fireplace. Three OVERSIZED BEDROOMS , INCLUDING A PRIMARY ENSUITE are located on opposite sides of the home . TWO UPDATED baths complete the charm of this Storybook home. THE GENEROUS SIZE Private Backyard is an OASIS OF LUSH GREEN TREES. DOUBLE ATTACHED GARAGE HAS ADU POTENTIAL!

YOU are Walking distance to a HUGE DOG PARK , ENCINO FARMER’S MARKET , SKATE PARK AND LAKE BALBOA” , A SYLISH LAKE WITH OVER 6 MILES OF WALKING AND BIKING PATHS, BOAT AND BIKE RENTALS . NEARBY ARE 3 Golf courses and Balboa Sports Center with Tennis, Pickleball and Basketball and AYSO soccer fields. National Blue Ribbon LEMAY ELEMENTARY school, Mullholland Magnet Middle school and BIRMINGHAM Charter HIGH SCHOOL are all walking distance . TRENDY RESTAURANTS AND SHOPPING ARE LOCATED NEARBY ON FAMOUS VENTURA BLVD IN ENCINO. NO WONDER LAKE BALBOA IS THE BEST KEPT SECRET IN THE VALLEY !! HOMES ON THIS STREET ARE HIGHLY SOUGHT AFTER AND RARELY ON THE MARKET AND HAVE BEEN SELLING FOR WAY OVER A MILLION DOLLARS. SOME OF THE HIGHEST PRICES IN LAKE BALBOA HAVE BEEN RECORDED ON THIS STRETCH OF ANDASOL ! ANDASOL AVENUE IS TRULY LOCATION , LOCATION, LOCATION !!! CHECK OUT OUR “3D VIRTUAL TOUR AND SHOWCASE LISTING” ON ZILLOW !

Upcoming open houses

–11:00 pm · Confirm the schedule with the listing team.

THE NEIGHBORHOOD

Explore the location.

6566 Andasol Avenue, Lake Balboa, CA 91406

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1966
Full baths
2
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,ElectricOven,GasRange,GasWaterHeater,Refrigerator,WaterHeater
Flooring
Laminate
Utilities
CableConnected,ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Fencing
Block,GoodCondition,Wood
Accessibility
None
Pool
No
Pool features
None
Spa
No
Zoning
R1
Parcel
2229009045
Middle school
Mulholland
High school
Birmingham
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,079.17
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #SR26189695 · California Regional MLS

Listing brokerage: The ONE Luxury Properties
Listing agent: Peggy Graham-Nyman

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.