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Updated 3 hours ago

Terraces At The Lake


16550 Vanowen St Lake Balboa, CA

1 - 2 Bed
•
1 - 2 Bath

615 - 850 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$2,000
644 ft2
0 Available
Managed By: MSCO Communities
Van Nuys, CA - Apartment - $2,000.00
$2,000
Rented
View
Studio • 1 Bath
$2,450
690 ft2
0 Available
Managed By: MSCO Communities
Lake Balboa, CA - Apartment - $2,450.00
$2,450
Rented
View
1 Bed • 1 Bath
$2,250
615 ft2
1 Available
Managed By: Msco Corporation
Unit 111
$2,250
Available Now
View
View Rented Units
View More
2 Beds • 2 Bath
$2,800
850 ft2
1 Available
Managed By: Msco Corporation
Unit 217
$2,800
Available Now
View
2 Beds • 2 Bath
$3,150
775 ft2
1 Available
Managed By: Msco Corporation
Unit 106
$3,150
Available Now
View
View Rented Units
View More
Where you'll live
Street View
Map View
Satellite View
Terraces At The Lake
Terraces At The Lake
Terraces At The Lake
Location ratings
Walk Score®
66
Somewhat Walkable
Transit Score®
46
Some Transit
Bike Score®
54
Bikeable
Fees & leasing info
Lease & Fees
Security Deposit:

2250 - 3150

Property details
Description

Enjoy a connected Valley lifestyle near the best of Encino and Sherman Oaks while coming home to the comfort and space of Lake Balboa.
Within minutes, residents can explore Ventura Boulevard’s restaurants, cafés, shopping, and nightlife, including the Sherman Oaks Galleria and Encino Commons. For outdoor living, the one mile away, Sepulveda Basin Recreation Area and Lake Balboa Park offer miles of bike paths, jogging trails, golf courses, and some of the most enjoyable green space in Los Angeles.

Additional Details
Total Unit Count: 51
Last Updated: Updated 3 hours ago
Contact Number: (760) 991-2149
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
AT&T Inc. 100.0 20.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 18.0 0.768
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Terraces At The Lake by bedroom type below.
1 Bedroom
Suggested income:
$81,000
per year
2 Bedroom
Suggested income:
$107,100
per year
Rent report

Terraces At The Lake Rent vs. Van Nuys Average

 Terraces At The Lake      Van Nuys Average
1BR
$2,250
$1,925
$0
$750
$1,500
$2,250
$3,000
2BR
$2,975
$2,395
$0
$1,000
$2,000
$3,000
$4,000

Terraces At The Lake is asking 17% more than the average 1 bedroom apartment in Van Nuys.

If you upsized to an average priced Van Nuys 2 bedroom apartment, you would pay 20% more per month.

If you downsized to an average priced Van Nuys studio apartment, you would pay 17% less per month.

Terraces At The Lake provides 18% less square footage than the average Van Nuys 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Terraces At The Lake
1BR $2,250 $3.70 $6,750
2BR $2,975 $3.70 $8,925
Van Nuys Average
Studio $1,649 $3.40 $4,948
1BR $1,925 $2.60 $5,776
2BR $2,395 $2.00 $7,184
3BR $3,732 $2.60 $11,196
4BR $4,450 $3.00 $13,350

Availability in Van Nuys

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 159 1BR units on the market in Van Nuys. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
12% 44% 36% 8% 1%
Available Units in Van Nuys
Studio 43
1BR 159
2BR 131
3BR 28
4BR 3
Location
Nearby Colleges

California State University-Northridge

Los Angeles Valley College

University of California-Los Angeles

Los Angeles Mission College

FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 3 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 615 to 850 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $2,250 to $3,150. Terraces At The Lake has 1 bedroom units available starting at $2,250 and 2 bedroom units available starting at $2,800.
Where is this property located?
This property is at 16550 Vanowen St in Lake Balboa, CA. It's 2.5 miles west from the center of Van Nuys.
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