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$780,000
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Property Description
Located in one of Lake Balboa's most desirable pockets, just one block from the sought-after Lake Balboa Park, this home is a rare find for investors or buyers eager to create their dream residence. Inside, you'll find original hardwood floors, a permitted bonus sunroom, and an updated plumbing system. The detached garage features a large extension, perfect for a workshop, studio, or additional storage. And for something truly unique, the property boasts an underground fallout shelter you have to see to believe. The expansive lot is larger than most in the neighborhood, offering endless potential for outdoor living, gardening, or future expansion, or an ADU. Enjoy easy access to multiple golf courses, the Encino Farmers Market, the Japanese Garden, Sepulveda Basin Dog Park, and more. With its prime location and exceptional potential, this home is ready to be transformed into something extraordinary.
Full Property Details
Full Property Details for 16539 Gilmore St
General
- Sold For: $780,000
- Status: Closed
- Type: Single Family
- Source: CLAW
- MLS ID: 25580807
- Added to Site: 148 day(s) ago
Interior
- Rooms/Areas: Living Room, Dining Area, Sun
- Fireplace: Yes
- Number of Fireplaces: 1
- Eating Areas: Dining Area
- Cooking Appliances: Gas/Electric Range
- Furnishings: Unfurnished
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Bathroom Features: Shower Over Tub
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Other
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: Other
Parking
- Garage Description: Garage - 2 Car, Driveway - Concrete
Location
- Area: Lake Balboa
- County: Los Angeles
- Driving Directions: North of Victory, West of Hayvenhurst
- Direction Faces: South
Heating & Cooling
- Cooling Type: Ceiling Fan, Window Unit(s)
- Heating Type: Wall, Floor
Utilities
- Sewer: In Street
- Water: District
Structural Information
- Architectural Style: Traditional
- Structure Type: Single Family Residence
- Basement Desc.: Raised
- Foundation: Raised
- Common Walls: Detached/No Common Walls
- Entry Location: Ground Level w/steps
- Stories/Levels: 1
- Square Feet: 1,214
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1951
- Year Built Source: Vendor Enhanced
- Property Condition: Fixer
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.1482
- Lot Size: 6457
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 53 x 135
- Zoning: LAR1
Financial Considerations
- Price Per Sq. Ft.: $616.97
- Assessment Year: 1951
Disclosures and Reports
- Disclosures/Reports: None
- APN: 2231-014-043
Listed by Sotheby's International Realty, Mary Hill
Sold by Were Real Estate, Yolanda Cortez
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Schools
Schools serving 16539 Gilmore St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Gault Street Elementary School 17000 Gault St., Los Angeles, CA 91406 | PK-5 | 1 mi |
William Mulholland Middle School 17120 Vanowen St., Los Angeles, CA 91406 | 6-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16539 Gilmore St
Date
Details
Price
Change
Source
9/24/2025
Sold
$780,000
4.14%
MLS
8/20/2025
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16539 Gilmore St, Lake Balboa, CA 91406 (MLS# 25580807) is a Single Family property that was sold at $780,000 on September 24, 2025. Want to learn more about 16539 Gilmore St? Do you have questions about finding other Single Family real estate for sale in Lake Balboa? You can browse all Lake Balboa real estate or contact a Coldwell Banker agent to request more information.

