On the Edge of Lake Balboa & Encino – Endless Possibilities with Solid Foundations Back on the market at no fault of the sellers, this home is ready for its next chapter. Positioned on a prime corner lot in the city of Reseda, right where Lake Balboa and Encino meet, this three-bedroom, two-and-a-half bath residence offers both charm and incredible potential. With good bones already in place—including copper plumbing, a 200-amp electrical panel, and ABS drains for the additional en suite bathroom—this is a property waiting to be repositioned and renovated into a true masterpiece. The home has been thoughtfully expanded to create a spacious primary suite with soaring 10-foot ceilings and a private bath featuring a Roman jetted tub. The addition also provides the perfect layout for a generous kitchen and family dining area. Throughout the home, you'll find dual-pane Milgard double-hung mullioned windows, dressed with plantation shutters, which fill the rooms with natural light while offering energy efficiency and timeless style. The detached garage sits on a sturdy slab and opens to Kitttridge through a large iron security gate, offering flexibility for an ADU, SB9 lot split, or private compound. The grounds are dotted with mature fruit trees, including black and white figs, blood oranges, oranges, and lemons, adding to the property's character. Whether you're an end-user, investor, or remodel enthusiast, this blank canvas provides a strong foundation and endless potential. Now offered at $849,000. Ask us about special financing options that may include below-market interest rates, no mortgage insurance, no lender fees, and possible lender credits.