ActiveResidential · sale

7902 Genesta Avenue

Lake Balboa, CA 91406

$1,149,000

  • 3 beds
  • 2 baths
  • 2,070 sq ft
  • 0.32 acres
  • Built 1950

Listed by Steve Major and Associates · MLS #SR26238351

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

7902 Genesta Avenue, Lake Balboa, CA 91406 — photo 1 View full photo
1 / 48

Interested in this property?

Team ERA is here to help. Tell us what you’re looking for, and we’ll connect you with a local ERA professional.

Schedule a showingAsk a question
Contact the property team

PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

7902 Genesta Avenue, Lake Balboa, CA 91406 · MLS #SR26238351

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.

Details worth a look

Step outside to discover an exceptional outdoor setting featuring a sparkling swimming pool, grassy areas, mature fruit trees, a covered patio perfect for relaxing or entertaining.

Year built

Built in 1950.

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.

Welcome to this inviting 3-bedroom, 2-bath Lake Balboa home offering 2,070 sq. ft. of living space on an expansive 14,000+ sq. ft. lot! Filled with timeless character and warmth, this lovely home welcomes you with a delightful covered front porch and classic architectural details. Inside, beautiful hardwood floors, a cozy fireplace, and distinctive built-in bookshelves and cabinetry in the living and dining areas add to the home's unique appeal. Thoughtfully configured into two distinct living areas within the same home, the versatile floor plan offers an ideal arrangement for multigenerational living, extended family, or guests while providing privacy and independence. The primary living area features 2 bedrooms and 1 bathroom, a spacious living and dining room combination with large windows overlooking the front yard and an abundance of natural light. The generously sized remodeled kitchen boasts quartz countertops, stainless steel appliances, and ample cabinetry, while a large separate laundry room adds everyday convenience. The adjoining private living area features its own comfortable living room, kitchenette, bedroom, and remodeled bathroom, creating a wonderful space for extended family or guests. For those who prefer a more traditional floor plan, the home offers the flexibility and potential to be reconfigured back into one cohesive living space. Step outside to discover an exceptional outdoor setting featuring a sparkling swimming pool, grassy areas, mature fruit trees, a covered patio perfect for relaxing or entertaining. The generous front yard, long driveway, and detached two-car garage provide additional space and convenience. With its oversized lot, the property also presents exciting possibilities for future expansion or an ADU, subject to city approval. Situated in a lovely Lake Balboa neighborhood, this special home offers a rare combination of timeless character, versatile living spaces, generous outdoor areas, and tremendous potential. A wonderful opportunity to enjoy the property as it is or customize it to suit your needs!
Explore the locationMore properties in Lake Balboa

Upcoming open houses

–12:00 am · Confirm the schedule with the listing team.

THE NEIGHBORHOOD

Explore the location.

7902 Genesta Avenue, Lake Balboa, CA 91406

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1950
Full baths
2
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
DoubleOven,Dishwasher,Disposal,GasRange,RangeHood
Flooring
Carpet,Tile,Wood
Pool
Yes
Pool features
Private
Spa
No
Parcel
2204022008
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.

Investor outlook Rental potential, ownership costs and property management

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$4,787.50
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.

Have ERA review this rental estimate

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 & interest—Loan 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

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  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
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

More in Lake Balboa.

6406 Aldea$1,375,0006406 AldeaLake Balboa, CA6530 Gaviota Avenue$1,099,0006530 Gaviota AvenueLake Balboa, CA15905 Enadia Way$849,90015905 Enadia WayLake Balboa, CA

Listing information

MLS #SR26238351 · California Regional MLS

Listing brokerage: Steve Major and Associates
Listing agent: Steven Major

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. 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.