4BD,+ OFFICE+ BONUS ATTIC SPACE. Two-Story Fixer with Pool on Corner Lot – Endless Potential in Prime Lake Balboa. Welcome to 7514 Paso Robles Avenue – a spacious two-story home with tons of square footage and untapped potential located in the heart of Lake Balboa. Sitting proudly on a corner lot, this property offers a rare value proposition for savvy investors or first-time buyers ready to roll up their sleeves and create something special. The home features a detached two-car garage with access from a separate street, making it an ideal ADU opportunity. Whether you’re looking to build rental income, create a guest suite, or design a private workspace, the setup is already in your favor. Outside, enjoy a private backyard with a pool, just waiting to be transformed into your dream retreat. Inside, bring your contractor or your vision—this is your chance to skip the cookie-cutter flip and avoid overpaying for someone else’s version of good taste. Don’t miss this chance to invest in one of the Valley’s most accessible and upcoming neighborhoods. With easy access to freeways, shopping, parks, and more, this property has all the right ingredients—just waiting for the right buyer to bring it to life.Bring your imagination and let the potential lead the way.
MLS #
CRSR25161457
MLS Source
California Regional MLS
Days on Site
2
Appliances
Other
Fireplace
Living Room
Laundry
Other
Cooling
Central Forced Air
Heating
Central Forced Air
Pool
Pool - Yes
Garage/Parking
Garage: 2 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LAR1
7514 Paso Robles Ave is a Single Family Residence in Lake Balboa, CA 91406. This 2,260 square foot property sits on a 7,208 Sq Ft Lot and features 4 bedrooms & 3 full bathrooms. It is currently priced at $999,000 and was built in 1950.
This address can also be written as 7514 Paso Robles Ave, Lake Balboa, CA 91406.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 19, 2025. For the most current information, please contact Dana Frank