GENEROUS PRICE IMPROVEMENT! Located in a highly coveted pocket of Lake Balboa, just a stone's throw from picturesque Lake Balboa Park, this three bedroom, two bathroom traditional home has been lovingly upgraded and meticulously maintained. The living room and dining area feature large, dual pane windows which let in a warm glow and views of well-manicured greenery and the tree-lined street. The kitchen boasts pristine ceramic tile countertops, Tuscan porcelain flooring, under cabinet lighting, and stainless steel appliances. An extra feature includes a top-of-the-line water filtration system. Both bathrooms have been remodeled with beautiful Italian porcelain tile, high end fixtures, special order cabinetry with quartz countertops, luxury bidets, an original deep cast iron bathtub with an ultimate rain shower. Other interior features include beautifully restored original red oak hardwood flooring, plentiful storage space including a walk-in closet in the primary bedroom, a stacked LG washer and dryer, central heating and a high efficiency split AC with a Nest thermostat. The detached garage has been fully drywalled, insulated, carpeted, and the electrical has been upgraded. It currently functions as an office with new windows that open onto the backyard. It could make a great gym or a buyer may want to investigate converting it into an ADU. The backyard is incredibly special, with a mature mulberry tree, gorgeous foliage and is landscaped for ultimate privacy. The separate patio area is perfect for entertaining with a built-in gazebo that is wired for outdoor stereo, soft outdoor lighting and a large fountain. With easy access to the 405 and 101 freeways, close proximity to multiple golf courses, dog park, and Encino Farmers Market, this property is an absolute gem and a must-see!