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$510,000 Just Listed
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Property Description
This is an outstanding opportunity in the heart of Lake Balboa. Perfect for first-time buyers, small families, or anyone looking for an affordable and well-appointed home. Conveniently located near shopping, restaurants, and easy access to the 101 Freeway.
This beautifully updated condo features two bedrooms and two bathrooms, along with a spacious living room, dining area, and kitchen complete with a breakfast bar. The home is filled with natural light, creating a bright and inviting atmosphere throughout.
Recent upgrades include new flooring, all new appliances, a refreshed fireplace, and resurfaced wood cabinetry with added built-in shelving for both style and functionality. The popcorn ceilings have been removed, giving the home a clean, modern feel.
The primary bedroom is privately situated toward the back of the unit, offering a quiet and comfortable retreat. A standout feature is the full-size laundry room with floor-to-ceiling cabinets, providing excellent storage. Additional closet space is thoughtfully placed throughout the home.
Enjoy a large outdoor patio with gated entry and a security alarm system, perfect for relaxing or entertaining. This is an end unit with only one shared wall, offering added privacy. A two-car tandem garage is conveniently located below the unit.
To top it off, all furniture and appliances are included, making this a true move-in-ready opportunity.
This property may qualify for up to $161,000 in down payment assistance, making homeownership more accessible than ever.
Full Property Details
Full Property Details for 7255 Balboa #20
General
- Price: $510,000
- HOA FEE: $575/month
- Status: Active
- Type: Condo
- Source: MRMLS
- MLS ID: SR26092094
- Updated: 5/5/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: Laundry, Kitchen, Living Room, Family Room, Primary Bathroom
- Fireplace: Yes
- Fireplace(s): Family Room
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Water, Sewer, Pool, Trash
- Pool Description: Community
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Los Angeles
- Driving Directions: Navigate with google
School Information
- School District: Los Angeles Unified
Community
- Community Features: Sidewalks
- Assoc. Name: Vincent Baiza
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condominium
- Common Walls: 1 Common Wall
- Entry Location: Front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,118
- Sq. Ft. Source: Assessor
- Year Built: 1981
- Year Built Source: Public Records
Unit Information
- Units in Complex: 20
Lot Features
- Property View: None
- Lot Size (Acres): 0.8275
- Lot Size (Sq. Ft.): 36,046
- Lot Size Source: Assessor
Financial Considerations
- Price Per Sq. Ft.: $456.17
- Association Fee: $575
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
Listed by Ehomes, Sixto Mejia
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Schools
Schools serving 7255 Balboa #20
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Gault Street Elementary School 17000 Gault St., Los Angeles, CA 91406 | PK-5 | 0.3 mi |
William Mulholland Middle School 17120 Vanowen St., Los Angeles, CA 91406 | 6-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7255 Balboa #20
Date
Details
Price
Change
Source
5/04/2026
Listed
$510,000
4.08%
MLS
3/14/2025
Sold
$490,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7255 Balboa #20
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,952
2%
$239,003
2%
2024
$2,906
2%
$234,317
2%
2023
$2,850
5%
$229,724
2%
2022
$2,717
1%
$225,221
2%
2021
$2,678
-1%
$220,806
1%
2020
$2,701
4%
$218,543
2%
2019
$2,596
1%
$214,258
2%
2018
$2,566
2%
$210,058
2%
2017
$2,507
3%
$205,941
2%
2016
$2,439
1%
$201,904
2%
2015
$2,404
—
$198,872
2%
2014
$2,416
—
$194,977
—
2013
$2,416
—
$194,096
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7255 Balboa #20
7255 Balboa #20, Lake Balboa, CA 91406 (MLS# SR26092094) is a Condo property with 2 bedrooms and 2 full bathrooms. 7255 Balboa #20 is currently listed for $510,000 and was received on May 04, 2026. Want to learn more about 7255 Balboa #20? Do you have questions about finding other Condo 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.

