Charming Lake Balboa Home with ADU Potential. Set on a quiet, tree-lined street in the desirable Lake Balboa neighborhood, this 3-bedroom, 1-bath home offers comfort, charm, and exciting investment potential. Situated on an expansive nearly 8,000 sq. ft. lot, the property includes previously approved RTI plans for a detached 2-bedroom, 2-bath ADU/guest house—ideal for multi-generational living, rental income, or a private office retreat. Inside, you’ll find timeless hardwood floors, dual-pane windows, central HVAC, and the convenience of an indoor laundry room. A spacious enclosed rear patio extends the living area, providing the perfect setting for entertaining, hobbies, or simply relaxing. The generous backyard is a true highlight featuring 2 car detached garage, a mature, fruit-bearing lemon tree, ample space for outdoor gatherings, and even room for a future pool. A detached two-car garage offers additional storage and is ready to be transformed into a 750 sq. ft. ADU with a quick re-approval of the prior plans. All this, with easy access to the 101 and 405 freeways, top shopping destinations, dining, schools, and public transit. Don’t miss this unique opportunity to own a home with endless potential in one of the Valley’s most sought-after neighborhoods!
MLS #
CRSR25193725
MLS Source
California Regional MLS
Days on Site
7
Bedrooms
Ground Floor Bedroom, Other
Kitchen
Other
Appliances
Dishwasher, Garbage Disposal, Other, Oven - Gas, Oven Range - Gas, Dryer
Dining Room
Formal Dining Room
Fireplace
None
Laundry
Other
Cooling
Central Forced Air
Heating
Central Forced Air
Pool
None
Style
Traditional
Garage/Parking
Attached Garage, Garage, Other, Garage: 2 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LAR1
7642 Wish Ave is a Single Family Residence in Lake Balboa, CA 91406. This 1,073 square foot property sits on a 7,960 Sq Ft Lot and features 3 bedrooms & 1 full bathrooms. It is currently priced at $749,999 and was built in 1950.
This address can also be written as 7642 Wish 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 September 04, 2025. For the most current information, please contact Kevork Zanazanian, (818) 212-9499