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Lake Balboa is flanked on the north by Northridge, on the east by Van Nuys, on the south by the Sepulveda Basin and on the west by Reseda. [3] Its street and other boundaries are Roscoe Boulevard on the north, Balboa Place, the Van Nuys Airport, Hayvenhurst Avenue and Odessa Avenue on the east, Victory Boulevard on the south and White Oak Avenue on the west.
The United States Postal Service operates the Civic Center Van Nuys Post Office at 6200 Van Nuys Boulevard in Van Nuys (closed and moved outside the Van Nuys civic center to 6531 Van Nuys Blvd, Van Nuys, CA 91401) [22] and the Van Nuys Post Office at 15701 Sherman Way in the Lake Balboa neighborhood in Los Angeles, west of Van Nuys. [23] [24] [25]
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While neighborhood boundaries in the Los Angeles area are generally informal, the official boundaries used by the North Hills East and West neighborhood council districts would make the neighborhood a 4.31 square miles (11.2 km 2) area between Bull Creek and the Pacoima Wash on the west and east respectively.
Greater Los Angeles is the most populous metropolitan area in the U.S. state of California, encompassing five counties in Southern California extending from Ventura County in the west to San Bernardino County and Riverside County in the east, with the city of Los Angeles and Los Angeles County at its center, and Orange County to the southeast.
Balboa Island is one of the most expensive real estate markets in North America outside of Lower Manhattan. A two-bedroom house with a water view from the living room can cost about $3 million. Lot value is $2 million. Interior new construction sells for $4 million. Bayfronts range from $3.5 million to $9 million. [15] [better source needed]