16539 Gilmore Street
Lake Balboa, CA 91406 • 3 Bed • 2 Bath • 1,214 sq.ft.

Property summary

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.

Days on market: 8

Listing updated: August 28, 2025 - 12:19:08

Property details

Property ID
25580807
Size
1214 sq.ft.
Home Type
Residential
Year Built
1951
Property Size
0.1482 acre
Garage
Levels
1
Spa
None
Patio
No
Basement
No
View
None
Pool
None

Listed by: Mary Hill DRE #01783566 818-990-8700, Sotheby's International Realty - Beverly Hills/Greater LA

Source: Beverly Hills/Greater LA, MLS#: CLW-X7458901 Originating MLS: CRMLS

Interior information

Rooms
Living Room, Sunroom, Dining Room
Bathrooms
2
Kitchen
Gas Range, Refrigerator, Dryer, Washer
Cooling
N/A
Heating
Wall Furnace
Flooring
Wood
Laundry
See Remarks
$749,000
Property price
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Revesty savings: $33K
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-08-29 01:51:26 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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