For sale Home

Listed Jul 9, 2026

$797,500 Est. $5,275/mo

7662 Paso Robles Avenue

  • 2

    Beds

  • 1

    Baths

  • 848

    Sq ft

The story

  • Pool

This inviting 2-bedroom, 1-bathroom home in Lake Balboa offers exceptional potential for growth and development. Situated on a spacious lot, the property comes with, approved city plans for additional 1,639 sqft. Addition to the main residence 1bed 1bath so it will be 3bed/2bath, as well as the addition of both an ADU and Junior ADU all in total of 2,487 sqft. These plans provide a tremendous opportunity for additional living space, rental income, or extended family living. With ample room to expand and a prime location, this property offers a solid foundation for creating a custom home while capitalizing on its future potential. Perfect for investors, first-time buyers, or those seeking a strategic investment in Van Nuys. Close to Lake Balboa/Anthony Beilenson Park. Very motivated seller, dont miss this rare opportunity! Please check the plans under supplements.

Facts & features

Home type

Home

Year built

1948

Floors

1

Price per sq ft

$940

Parking

2-car garage

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Forced Air, Gas

  • Heating

    Forced Air Unit

  • Appliances

    Dishwasher, Disposal, Dryer, Refrigerator, Washer, Gas Range

  • Flooring

    Carpet, Tile

  • Roof

    Shingle

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$5,275 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $4,245
  • Property tax $798
  • Insurance $233

Includes principal, interest, taxes & insurance.

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Listing Broker

Remax Optima

Broker Name

Remax Optima

Agent

Naira Valian

Location

Glendale CA 91207