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Terraces at the Lake
Van Nuys, CA 91406

- 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
Floorplan Pricing and Availability
New! Interactive Property Map
1 Bedroom
1BR/1.0BA
$2,400
1 Bed, 1 Bath, 615-620 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft Deposit Photos View Details $2,400 Available Now 319 615 $2,400 $2,400 Available Now 320 620 $2,400 Unit 319 Gallery
Photos
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 320 Gallery
Photos
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
Apartment Unit: 319Apartment Model: 1BR/1.0BA1 Bedroom, 1 Bath, 615 sq ftAvailable Now![]()
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Unit: 319 - Image 10 Apartment Unit: 320Apartment Model: 1BR/1.0BA1 Bedroom, 1 Bath, 620 sq ftAvailable Now![]()
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Unit: 320 - Image 10 2 Bedrooms
2BR/2.0BA
$3,000
2 Beds, 2 Baths, 715 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft Deposit Photos View Details $3,000 Available Now 306 715 $3,000 $3,000 Available Now 307 715 $3,000 $3,000 Available Now 207 715 $3,000 Unit 306 Gallery
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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 Gallery
Photos
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
Unit 207 Gallery
Photos
Model Rent and Fees
Price
- $3,000Plus Fees
Apartment Unit: 306Apartment Model: 2BR/2.0BA2 Bedroom, 2 Bath, 715 sq ftAvailable Now![]()
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Unit: 306 - Image 10 Apartment Unit: 307Apartment Model: 2BR/2.0BA2 Bedroom, 2 Bath, 715 sq ftAvailable Now![]()
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Unit: 307 - Image 10 Apartment Unit: 207Apartment Model: 2BR/2.0BA2 Bedroom, 2 Bath, 715 sq ftAvailable Now![]()
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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
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation
- Nearby Properties

Map
Hours and Contact Info
| Monday | 9:00 am–6:00 pm |
| Tuesday | 9:00 am–6:00 pm |
| Wednesday | 9:00 am–6:00 pm |
| Thursday | 9:00 am–6:00 pm |
| Friday | 9:00 am–6:00 pm |
| Saturday | Closed |
| Sunday | Closed |
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Renters Reviews and Ratings
Nearby Schools
William Mulholland Middle
Gault Street Elementary
About GreatSchools Data on ApartmentHomeLiving.com.
Points 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
Trader Joe's
Smart & Final
Food 4 Less
Hospitals
Valley Presbyterian Hospital
Encino Hospital Medical Center
Providence Tarzana Medical Center
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 | $1,844 | $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
Nearby Homes
Did You Know?
The average Apartment shopper researches 4 properties in detail before signing a lease.
















































