1 / 20
Price cut: $104,999 (8/6)
3D TOUR
$995,000FOR SALE
3 beds · 2 baths · 1,562 sqft
Re/Max Luxe
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75 homes in 91406
Homes for Sale in 91406
Lake Balboa, CA
6434 Blewett Avenue, Van Nuys, CA 91406
1 / 53
OPEN SUNDAY, 8PM - 11PM
VIRTUAL TOUR
$1,189,000FOR SALE
4 beds · 3 baths · 1,930 sqft
Equity Union
1 / 68
OPEN SUNDAY, 9PM - 12AM
3D TOUR
$1,199,000FOR SALE
4 beds · 3 baths · 2,281 sqft
Sotheby's International Realty
1 / 56
OPEN SATURDAY, 7PM - 12AM
3D TOUR
$975,000FOR SALE
4 beds · 2 baths · 1,493 sqft
Pinnacle Estate Properties
1 / 20
Price cut: $350,000 (5/28)
OPEN SATURDAY, 7PM - 9PM
$1,149,000FOR SALE
8 beds · 4 baths · 2,232 sqft
Time To Sell Realty
1 / 22
Price cut: $65,000 (6/3)
$330,000FOR SALE
2 beds · 2 baths · 813 sqft
Keller Williams Beverly Hills
1 / 69
Price cut: $200,000 (5/17)
$1,299,000FOR SALE
3 beds · 2 baths · 1,793 sqft
Beverly and Company
1 / 20
3D TOUR
$1,299,950FOR SALE
4 beds · 3 baths · 2,822 sqft
Pinnacle Estate Properties
1 / 20
Price cut: $150,000 (7/6)
$1,100,000FOR SALE
6 beds · 4 baths · 2,210 sqft
Equity Union
1 / 66
NEW 2 DAYS AGO
OPEN SUNDAY, 8PM - 11PM
$1,100,000FOR SALE
4 beds · 3 baths · 1,847 sqft
Keller Williams Hollywood Hills
1 / 35
OPEN SATURDAY, 8PM - 11PM
$999,999FOR SALE
4 beds · 3 baths · 1,677 sqft
Rodeo Realty
1 / 73
OPEN SATURDAY, 7PM - 10PM
$1,285,000FOR SALE
4 beds · 3 baths · 2,248 sqft
Berkshire Hathaway HomeServices California Properties
1 / 20
$629,500FOR SALE
3 beds · 3 baths · 1,490 sqft
Rodeo Realty
1 / 20
$1,299,000FOR SALE
3 beds · 2 baths · 1,684 sqft
Vista Sotheby’s International Realty
1 / 20
$855,000FOR SALE
3 beds · 2 baths · 1,340 sqft
Opendoor Brokerage Inc.
1 / 20
$899,000FOR SALE
3 beds · 2 baths · 1,778 sqft
Beverly & Company Luxury Properties
About 91406 Real Estate
About Lake Balboa: The 91406 ZIP code is in Lake Balboa, CA. Lake Balboa is a neighborhood in the San Fernando Valley region of Los Angeles, California. The area was previously part of Van Nuys.
Today, the 91406 area has 75 homes for sale with a median listing price of $900K. The average price per square foot is $567.
91406 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 9% over the last six months and 4% over the past year, yet 37% of sellers have trimmed their asking price, and supply sits at 5.8 months, roughly in step with demand, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Buyer leverageBalancedSeller leverage
Median Home Price
$900K
↑ 4% over the past yearChart shows the median closed sale price by month
$976.5K$870.2K$767K$663.8K
Sep 25
Dec 25
Mar 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
5.8 months of supply
Balanced Supply75 active listings currently on the market.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
5.8
0369+
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~47 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 29% over the last six months.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
New
Active
Aging
Stale
About 56% of current listings are under 30 days old, while the rest have been up longer.
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
1 Bed$355K
2 Bed$625K
3 Bed$860K
4 Bed$1.1M
5 Bed$1.2M
Each additional bedroom adds about $219K in value on average.
Largest increase: 1 → 2 bedrooms (+$270K)
Price Reductions
28
28 listings have reduced their price
37% of active listings
Average reduction: 6.1% (~$55K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Lake Balboa
Frequently Asked Questions about Homes for Sale in 91406, CA
How many homes are for sale in 91406, CA?
There are currently 75 homes for sale in 91406, ranging from $304,995 to $1,695,000. 5 of them hit the market within the last week.
What is the median home price in 91406?
The median list price in 91406 is $899,999. Price per square foot averages $567. Prices are up 4.1% compared to a year ago.
How fast do homes sell in 91406?
Homes in 91406 currently average 48 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
Looking for a home in 91406?
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