- 1 Bedroom Bedrooms
- $2,350-$2,595 Pricing
- 615–690 Square Feet
Rent Specials
MOVE IN SPECIAL!!~~Don't pay rent until June 15th for approved applicants!!
About Terraces at the Lake
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.
Terraces at the Lake is located in the Lake Balboa Neighborhood and 91406 Zip code of Van Nuys, CA. This community is professionally managed by MSCO Corp.
Unique Features and Amenities
- Custom Built Closet
- EV Charger
- High End Cabinets And Drawers
- In unit Washer and Dryer
- Parking
- plunge pool
- Refrigorator
- Stove & Range
Property Contact Info
- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (747) 292-6429
- Disclaimer:
Floorplan Pricing and Availability
Terraces at the Lake offers 1 Bedroom apartments starting from $2,350 and having 615–690 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >1 Bedroom
1BR/1.0BA
From $2,350
1 Bed, 1 Bath, 615-690 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft Deposit Photos View Details $2,500 Available Now 115 615 $2,500 $2,595 Available Now 114 690 $2,595 $2,350 Available Now 105 615 $2,350 Model Amenities and Features
Features
- Air Conditioning
- Handrails
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Windows
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Microwave
- Oven
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price Range
- $2,350 - $2,595
Deposit
- $2,595 deposit
Unit 115 Gallery
Photos
Unit 115 Amenities and Features
Kitchen
- Dishwasher
- Disposal
- Microwave
- Range
Unique Features
- EV Charger
- Parking
- plunge pool
- Refrigorator
Unit 115 Rent and Fees
Unit Price
- $2,500
View Details and Rent EstimateDeposit
- $2,500 deposit
Unit Description
We proudly invite you to tour our property and the available 615 sq ft, one bed one bath unit in the heart on Lake Balboa! This space offers a comfortable living environment for those seeking value. 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. If you’re looking for a great place in an inviting community, this unit is definitely worth considering!
Model Rent and Fees
Model Price Range
- $2,350 - $2,595
Unit 114 Gallery
Photos
Unit 114 Rent and Fees
Unit Price
- $2,595
View Details and Rent EstimateDeposit
- $2,595 deposit
Unit Description
Welcome to The Terraces at the Lake, where comfort and convenience come together in this spacious 1-bedroom, 1-bath apartment located in the desirable 91406 area. This thoughtfully designed home features the everyday essentials residents are searching for—including in-unit washer and dryer, reserved parking, and access to EV charging—making your daily routine easier and more efficient. Residents also enjoy community pool access, perfect for relaxing and unwinding just steps from home. 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. Apartment features include: • Spacious 1-bedroom, 1-bath layout • In-unit washer and dryer • EV charging access • Assigned parking • Pool access • Well-maintained community setting Contact us today to schedule a tour and make Terraces at the Lake your next home.
Model Rent and Fees
Model Price Range
- $2,350 - $2,595
Unit 105 Gallery
Photos
Unit 105 Amenities and Features
Fitness & Recreation
- Pool
Kitchen
- Dishwasher
- Microwave
- Refrigerator
Unique Features
- EV Charger
- In unit Washer and Dryer
- Parking
- Stove & Range
Unit 105 Rent and Fees
Unit Price
- $2,350
View Details and Rent EstimateDeposit
- $2,350 deposit
Unit Description
Welcome to The Terraces at the Lake, where comfort and convenience come together in this spacious 1-bedroom, 1-bath apartment located in the desirable 91406 area. This thoughtfully designed home features the everyday essentials residents are searching for—including in-unit washer and dryer, reserved parking, and access to EV charging—making your daily routine easier and more efficient. Residents also enjoy community pool access, perfect for relaxing and unwinding just steps from home. 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. Apartment features include: • Spacious 1-bedroom, 1-bath layout • In-unit washer and dryer • EV charging access • Assigned parking • Pool access • Well-maintained community setting Contact us today to schedule a tour and make The Terraces at the Lake your next home.
Model Rent and Fees
Model Price Range
- $2,350 - $2,595
Apartment Unit: 115Apartment Model: 1BR/1.0BA$2,5001 Bedroom, 1 Bath, 615 sq ftAvailable Now![]()
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Unit: 115 - Image 9 Apartment Unit: 114Apartment Model: 1BR/1.0BA$2,5951 Bedroom, 1 Bath, 690 sq ftAvailable Now![]()
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Unit: 114 - Image 8 Apartment Unit: 105Apartment Model: 1BR/1.0BA$2,3501 Bedroom, 1 Bath, 615 sq ftAvailable Now![]()
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Schedule a Tour
Property Information
- 48 Units
- 3 Stories
- Built in 1988
Lease Terms
- 12+ mo
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$50.00
- Due at Move-In
- Storage FeeiStorage fee ranges from $50-$150 Charged per unit.$50.00
Pet Policy and Fees
Cats
- 35 Lb Weight Limit
- Spayed/Neutered
Dogs
- 35 Lb Weight Limit
- Spayed/Neutered
Parking Info and Fees
- CoverediParking Available
- Garage Parking
- 1 Max
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
Unique Amenities
- Custom Built Closet
- EV Charger
- High End Cabinets And Drawers
- In unit Washer and Dryer
- Parking
- plunge pool
- Refrigorator
- Stove & Range
On-Site Services
- Maintenance On Site
- Property Manager On Site
- Car Charging Station
- Online Services
- Recycling
- Renters Insurance Program
- Video Patrol
- Public Transportation
- 24 Hour Access
- Garden
Outdoor Features
- Grill
- Picnic Area
- Controlled Access
- Deck
- Lawn
- Patio
Recreation and Fitness
- Walking/Biking Trails
- Pool
Interior Features
- Windows
- Storage Space
- High Speed Internet Access
- Intercom
- Tub/Shower
- Handrails
- Washer/Dryer
- Air Conditioning
- Smoke Free
Kitchen Amenities
- Disposal
- Freezer
- Stainless Steel Appliances
- Ice Maker
- Dishwasher
- Range
- Refrigerator
- Oven
- Microwave
- Granite Countertops
Living Area Features
- Double Pane Windows
- Linen Closet
- Tile Floors
- Dining Room
- Family Room
- Vaulted Ceiling
- Views
- Large Bedrooms
Unique Amenities
- Garage Available
Map
- Shopping
- Colleges
- Schools
- Grocery
- Medical
- Parks
- Transportation
Map
Hours and Contact Info
| Monday | By Appointment |
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | By Appointment |
| Sunday | Closed |
Frequently Asked Questions about Terraces at the Lake
Where is Terraces at the Lake located?
Terraces at the Lake is located at 16550 Vanowen St near the Lake Balboa area of Van Nuys, CA
What is the current rent range at Terraces at the Lake?
1 Bedrooms at Terraces at the Lake currently start from $2,350. Call today for more info!
When is the leasing office open?
- The office Hours for Terraces at the Lake are
- Monday By Appointment
- Tuesday By Appointment
- Wednesday By Appointment
- Thursday By Appointment
- Friday By Appointment
- Saturday By Appointment
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Are there any rent specials?
The current rent special at Terraces at the Lake is: MOVE IN SPECIAL!!~~Don't pay rent until June 15th for approved applicants!!.
Lifestyle Ratings
Learn more about Lifestyle SearchPoints of Interest
Time and distance from Terraces at the Lake.
Arts Museums and Landmarks
Big Box and Retail
Target
Walgreens
Macy's
Colleges and Universities
Groceries
Smart & Final
Food 4 Less
Ralphs
Hospitals
Parks and Recreation
Terraces at the Lake has 3 parks within 11.7 miles, including Beverly Gardens Park, Bronson Canyon, and La Brea Tarpits.
Restaurants and Dining
Shopping Centers
Terraces at the Lake has 5 shopping centers within 0.9 miles.
Transit Stations
Chatsworth-Ventura County Line
Burbank-Bob Hope Airport-Ventura County Line
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Van Nuys Studio Apartments | $1,822 | $1,175 | $3,116 |
| Van Nuys 1 Bedroom Apartments | $2,218 | $850 | $4,300 |
| Van Nuys 2 Bedroom Apartments | $2,876 | $966 | $8,732 |
| Van Nuys 3 Bedroom Apartments | $3,651 | $2,690 | $10,000+ |
| Van Nuys 4 Bedroom Apartments | $4,251 | $2,986 | $6,500 |
| Van Nuys 5 Bedroom Apartments | $24,133 | $5,999 | $10,000+ |
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