Terraces at the Lake Apartments

16550 Vanowen St, Van Nuys, CA 91406

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Terraces at the Lake

16550 Vanowen St
Van Nuys, CA 91406
Terraces at the Lake in Van Nuys, CA - Building Photo
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  • 1–2 Bedrooms
  • 615–715Square Feet

About Terraces at the Lake

Discover your new home at Terraces at the Lake Apartments, ideally located at 16550 Vanowen St. in the heart of Van Nuys. This vibrant community offers a fresh living experience with beautifully updated 1, 2, and 3 bedroom units, all featuring sleek new stainless steel appliances. At Terraces at the Lake, you’ll be just steps away from a variety of shopping destinations, popular restaurants, and convenient public transportation options, making your daily commute a breeze. Our professional leasing staff is ready to welcome you and showcase all the fantastic amenities our community has to offer. Elevate your lifestyle and embrace a new standard of living at Terraces at the Lake Apartments.

Terraces at the Lake is located in the Lake Balboa Neighborhood and 91406 Zip code of Van Nuys, CA.

Property Contact Info

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Floorplan Pricing and Availability

  • 1 Bedroom

    1BR/1.0BA

    $2,400

    1 Bed, 1 Bath, 615-620 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositPhotosView Details
    $2,400Available Now319615$2,400
    $2,400Available Now320620$2,400

    Unit 319 Amenities and Features

    Kitchen

    • Dishwasher
    • Microwave
    • Range
    • Refrigerator

    Unique Features

    • In unit Washer and Dryer

    Unit Description

    Available NOW - ask about our MOVE-IN SPECIAL! 3rd & top floor, lots of natural light. 15-foot high ceilings in the living room. Going through total renovation! Full kitchen with stainless steel appliances In-Unit Washer & Dryer Be the first to move in to one of our spacious, newly-renovated 1 bedroom, 1 bath apartment in Lake Balboa! Steps from beautiful Lake Balboa Park, shopping, freeways, and public transportation. NEWLY-RENOVATATED APARTMENT FEATURES: - Hardwood flooring throughout - Recessed lighting - Bathroom features built-in Bluetooth speaker which syncs to most smartphones - Brand new quartz countertops - Industrial stainless kitchen faucet - Stainless steel gas stove, microwave, dishwasher - Brand new subway tiling - 4 inches crown & base molding throughout - Oversized windows - Spacious balcony - Freshly-painted - An in unit high-end washer dryer combo - Private unit facing tree-lined street - Convenient USB outlets COMMUNITY AMENITIES - Sparkling plunge pool - On-site laundry - Secured parking for one vehicle - Ample street parking for guests ***PETS allowed with deposit*** **PLEASE NOTE: Explication images may not be of the exact but comparable unit. * Price shown is base rent and may not include non-optional fees and utilities. *Price and availability is subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

    Model Rent and Fees

    Price

    • $2,400Plus Fees

    Unit Description

    Welcome to Terraces at the Lake—where thoughtful design and a refined living experience come together effortlessly. This well-designed rectangular floor plan apartment boasts 14-foot high ceilings, offering an open and airy feel throughout the space. With an in-unit washer and dryer, convenience is right at your fingertips, making laundry day a breeze. The layout is perfect for relaxing evenings or hosting friends. Step onto your balcony, an ideal spot for morning coffee, evening cocktails, or getting some work done outdoors—all in the comfort of your own home. Apartment Highlights: ?? 14-foot high ceilings that create an open and spacious atmosphere??? In-unit washer and dryer for added convenience???Well appointed kitchen with sleek breakfast bar??? New stainless steel appliances??? Balcony with room for outdoor dining and seating??? Stylish bathroom with bathtub, shower, lighted mirrors, and built-in Bluetooth speaker??? Custom-built bedroom closet with mirrored doors??? Luxury vinyl flooring and recessed lighting throughout??? Secure-entry gated parking and on-site maintenance Community Features: ?? Tranquil gardens and peaceful fountain??? Refreshing plunge pool to cool off on warm Valley days The Location You Want: Discover Terraces at the Lake—Lake Balboa’s hidden gem. Enjoy quick access to Ventura Blvd’s dining, bars, and shopping in Sherman Oaks, Encino, and Tarzana—without the premium price. Balboa Park is just minutes away, offering scenic trails, a duck pond, golf, tennis, playgrounds, and more. A thoughtful home in a community that feels just right. Schedule your tour today and see why you belong here

    Model Rent and Fees

    Price

    • $2,400Plus Fees
  • 2 Bedrooms

    2BR/2.0BA

    $3,000

    2 Beds, 2 Baths, 715 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositPhotosView Details
    $3,000Available Now306715$3,000
    $3,000Available Now307715$3,000
    $3,000Available Now207715$3,000

    Unit Description

    Highly-coveted top floor 2 bedrooms & 2 bathrooms unit is ready for move-in! Features include: - Top story unit with serene Mountain Views from every room - 2 bedrooms with custom built closets - 2 full baths with lighted mirrors - Spacious balcony for additional living space - In-unit washer & dryer (all-in-one) - New double pane windows - Open kitchen with stainless steel appliances, including gas stove, microwave, refrigerator and dishwasher - Luxury faux wood vinyl flooring throughout - Recessed lighting - Gated / secure parking - Community spaces including seating, gas grill, and plunge pool - Well-behaved pets considered on a case-by-case basis The results of all of the above is that you and your family will thrilled to call this apartment home! Our community is a safe and warm atmosphere. You'll also enjoy the support of our attentive management team, dedicated to ensuring your comfort and satisfaction. Located just minutes from the 405 and 101 freeways, you’ll have easy access to Sherman Oaks and Encino, along with the beautiful Lake Balboa and Sepulveda Dam Recreation Area for outdoor adventures. A fun five minute bike ride away! Contact us today to schedule your tour!

    Model Rent and Fees

    Price

    • $3,000Plus Fees

    Unit 307 Amenities and Features

    Kitchen

    • Dishwasher
    • Microwave
    • Range
    • Refrigerator

    Unique Features

    • In unit Washer and Dryer

    Model Rent and Fees

    Price

    • $3,000Plus Fees

    Model Rent and Fees

    Price

    • $3,000Plus Fees
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

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.

Required Fees

One-Time Fees

Due at Application
Application Fee Per ApplicantiCharged per applicant$50
Due at Move-In
Storage FeeiStorage fee ranges from $50-$150 Charged per unit$50

Parking Info and Fees

CoverediParking Available
  • Assigned Parking

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

Living Area Features

  • Walk In Closets

Unique Amenities

  • Garage Available

Map

16550 Vanowen St, Van Nuys, CA 91406

Hours and Contact Info

Open Now
Currently Closed
By Appointment
Monday9:00 am–6:00 pm
Tuesday9:00 am–6:00 pm
Wednesday9:00 am–6:00 pm
Thursday9:00 am–6:00 pm
Friday9:00 am–6:00 pm
SaturdayClosed
SundayClosed

Renters Reviews and Ratings

5.0
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

William Mulholland Middle

Los Angeles Unified
17120 Vanowen St.
Public School - Grades 6-8 (1002 Students)
In Attendance Zone2 minute drive / 0.7 miles away
7/10

Gault Street Elementary

Los Angeles Unified
17000 Gault St.
Public School - Grades K-5 (260 Students)
In Attendance Zone2 minute drive / 0.7 miles away
4/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Terraces at the Lake.

Arts Museums and Landmarks

J. Paul Getty Museum

1200 Getty Center Drive
15 minute drive / 7.06 miles away

Hollywood Bowl

2301 North Highland Avenue
22 minute drive / 10.35 miles away

Grauman's Chinese Theater

6925 Hollywood Boulevard
22 minute drive / 10.49 miles away

Big Box and Retail

Target

14920 Raymer St
5 minute drive / 2.36 miles away

Walgreens

7155 Van Nuys Blvd
5 minute drive / 2.44 miles away

Macy's

14000 Riverside Dr
8 minute drive / 3.87 miles away

Colleges and Universities

Valley College

5800 Fulton Avenue
8 minute drive / 4.12 miles away

California State University at Northridge

18111 Nordhoff St.
9 minute drive / 4.32 miles away

Pierce College

6201 Winnetka Avenue
10 minute drive / 4.99 miles away

Groceries

Trader Joe's

17640 Burbank Blvd
4 minute drive / 2.02 miles away

Smart & Final

4920-4930 Balboa Blvd
4 minute drive / 2.16 miles away

Food 4 Less

16208 Parthenia St
5 minute drive / 2.59 miles away

Hospitals

Valley Presbyterian Hospital

15107 Vanowen St
4 minute drive / 1.55 miles away

Encino Hospital Medical Center

16237 Ventura Blvd
4 minute drive / 2.3 miles away

Providence Tarzana Medical Center

18321 Clark Street
5 minute drive / 2.77 miles away

Parks and Recreation

Beverly Gardens Park

North Santa Monica & Wilshire Boulevard
20 minute drive / 9.66 miles away

Bronson Canyon

3200 Canyon Dr
23 minute drive / 11.04 miles away

La Brea Tarpits

5801 Wilshire Blvd
25 minute drive / 11.72 miles away

Terraces at the Lake has 3 parks within 11.7 miles, including Beverly Gardens Park, Bronson Canyon, and La Brea Tarpits.

Restaurants and Dining

Le Pain Quotidien

9630 S. Santa Monica Boulevard
20 minute drive / 9.62 miles away

Caffe Latte

6254 Wilshire Blvd
24 minute drive / 11.32 miles away

Shopping Centers

Lake Balboa Center

16851 Victory Blvd
1 minute drive / 0.64 miles away

Airport Plaza

16500-16530 Sherman Way
2 minute drive / 0.74 miles away

Balowen Center

16923 Vanowen St
2 minute drive / 0.76 miles away

Terraces at the Lake has 5 shopping centers within 0.9 miles.

Transit Stations

Chatsworth-Ventura County Line

16 minute drive / 7.62 miles away

Burbank-Bob Hope Airport-Ventura County Line

16 minute drive / 7.86 miles away

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $1,305
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Studio to 4 Bedroom Apartments from $1,305
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Studio to 4 Bedroom Apartments from $1,305
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Van Nuys Studio Apartments $1,844$1,175$3,070
Van Nuys 1 Bedroom Apartments $2,311$950$5,160
Van Nuys 2 Bedroom Apartments $2,936$966$8,732
Van Nuys 3 Bedroom Apartments $3,646$2,395$10,000+
Van Nuys 4 Bedroom Apartments $4,007$2,986$5,795
Van Nuys 5 Bedroom Apartments $24,133$5,999$10,000+

Nearby Apartments

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Viewing: Terraces at the Lake | Desktop Version | Listing Updated: 02/16/2026

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Viewing: Terraces at the Lake | Desktop Version | Listing Updated: 02/16/2026