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Lake Balboa Gem on Forbes Ave. Introducing a rare opportunity to own a charming 3-bedroom, 2-bathroom home in the highly sought-after Lake Balboa neighborhood. This immaculate property, built in 1953, is hitting the market for the first time since 1977. Nestled on a spacious corner lot on a tree-lined street, this 1206-square-foot residence offers comfortable living spaces and a stunning eastern 'wall of light' created by custom french doors and window's in the open-space living room and dining rooms. This prime location is close to public and charter schools, Lake Balboa Park, the Sepulveda Basin Recreation area, Balboa Sports Center and Soccer Fields, The Japanese Garden, and 3 golf courses. Convenient, close access to the Orange Line for your daily commute. Don't miss the chance to make this house your forever home or as an excellent investment opportunity.
Listing agent: Susan Oliver DRE #01180735 suzi.oliver@gmail.com, Listing office: Prestige Estate Agency
MLS data updated 11/3/2026, 3:30:48 AM PT
Source: CRMLS, MLS #: 23322553
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 28, 2023
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$845,000Closed sale · Nov 28, 2023ZIP 91406 · Nov 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.