$1,025,000
SOLD DEC 11, 2024
4 Beds
2.5 Baths
1,505 Sq Ft
6,103 Sq Ft Lot

Recently Sold

$681 Per Sq Ft

2% Below List Price

21 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • No HOA
  • Updated Kitchen
  • Quartz Countertops
  • Formal Dining Room

About This Home

As of December 2024

Welcome to 6471 Forbes Ave, nestled on a tree-lined street in the highly sought-after Lake Balboa neighborhood. This beautifully renovated 4-bedroom, 2.5-bathroom home features a thoughtfully designed floor plan that blends character with modern amenities. As you enter, you'll find a spacious kitchen with a large breakfast bar that overlooks the dining area and living room. The step-down living room adds charm and a cozy atmosphere and overlooks the private yard. Down the hall, there are three generous bedrooms, a full bathroom with a double vanity, a linen closet, and a brand new washer and dryer. The primary suite, offering privacy and luxury, boasts a large bathroom with a double vanity and an expansive walk-in shower. The entertainer's yard features ample patio space accessible from the kitchen and living room, a grassy area, and a storage shed. The home also has lovely curb appeal, with a wide lot, flower beds, and a two-car garage. Recent upgrades include a new roof, new 200 amp panel, renovated kitchen and bathrooms, recessed lighting, new flooring, fresh interior and exterior paint, new doors, and much more! Around the corner from Lake Balboa Park, Woodley Lakes Golf Course, Japanese Gardens, Archery, easy freeway access, and Metro Bus Line.

Last Agent to Sell the Property

Darren Shack

Pinnacle Estate Properties, Inc. Brokerage Phone: 818-266-9599 License #01930725 Listed on: 10/09/2024

Pinnacle Estate Properties, Inc.

Co-Listed By

Tamara Tambe

Pinnacle Estate Properties, Inc. Brokerage Phone: 818-266-9599 License #01793556

Last Buyer's Agent

nick collins

The Agency License #01922418

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,853

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 6,103 Sq Ft Lot
  • East Facing Home
  • Vinyl Fence
  • Block Wall Fence
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Combination Of Materials Used In The Driveway

Home Design

  • Turnkey
  • Combination Foundation
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,505 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Formal Dining Room
  • Vinyl Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 17645
  • Assessor Parcel Number 2231023037
  • $349 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,853

Year Built

Built in 1952 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2231023037
  • Year Built: 1952
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1505.00 Square Feet
  • Interior Amenities: Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Separated
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 681.06
  • Room Type: Family Room, Kitchen, Primary Suite
  • Window Features: Double Pane Windows
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Primary Bath, Quartz Counters, Remodeled, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Combination, Raised, Slab
  • Fence: Yes
  • Fencing: Block, Vinyl
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway - Combination, Concrete, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6103.00
  • Lot Size Acres: 0.1401

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6103.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1321.01
  • Tax Lot: 35
  • Tax Tract Number: 17645
  • TaxOtherAnnualAssessmentAmount: 349.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Dec 10, 2024
Sold by
Rmre 524 Group Llc
Bought by
Hepps Zachary and Broome Alexandra
Seller's Agent
Darren Shack
Pinnacle Estate Properties, Inc.
Buyer's Agent
nick collins
The Agency
List Price
$1,049,000
Sold Price
$1,025,000
Premium/Discount to List
-$24,000
-2.29%
Views
33
Current Estimated Value
$984,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,869
Avg. Annual Appreciation
-6.66%
Original Mortgage
$810,000
Outstanding Balance
$807,170
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$176,961

Purchase Details

Listed on
May 22, 2024
Closed on
Aug 13, 2024
Sold by
Castellanos Carmen A
Bought by
Rmre 524 Group Llc
Seller's Agent
Gabriela Salazar
Century 21 Allstars
Buyer's Agent
Darren Shack
Pinnacle Estate Properties, Inc.
List Price
$799,999
Sold Price
$755,000
Premium/Discount to List
-$44,999
-5.62%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
186.98%
Original Mortgage
$600,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2006
Sold by
Bonomo Nicholas and Bonomo Emily
Bought by
Castellanos Emilio R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2006
Sold by
Bonomo Nicholas and Kaltreider Emily
Bought by
Bonomo Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 9, 2004
Sold by
Hernandez Arturo and Hernandez Blanca E
Bought by
Bonomo Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
1.25%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in the area

  • 7444 Ostrom Ave, Van Nuys, CA 91406

    $1,039,000

    • 4 Beds
    • 3 Baths
    • 1,546 Sq Ft
    • 7444 Ostrom Ave
    • Van Nuys, CA

    Completely Remodeled Beauty in Prime Lake Balboa! Welcome to your dream home! This stunningly remodeled 4-bedroom, 3-bathroom residence is located on a beautiful, street in the highly desirable Lake Balboa neighborhood. From top to bottom, no detail has been overlooked this home is the perfect blend of modern

    Harry Sourenian Forbes Real Estate

    Section Image
  • 15126 Archwood St, Van Nuys, CA 91405

    $899,000

    • 3 Beds
    • 2 Baths
    • 1,875 Sq Ft
    • 15126 Archwood St
    • Van Nuys, CA

    Tucked away on a quiet cul-de-sac, 15126 Archwood offers timeless mid-century charm on an expansive lot designed for both privacy and possibility. This move-in ready residence blends classic style with thoughtful updates, featuring large bedrooms and light-filled living spaces that create a warm and welcoming atmosphere. Step through double wood doors into a home where original character meets

    Stephanie Younger Compass

    Section Image
  • 6614 Forbes Ave, Van Nuys, CA 91406

    $849,500

    • 3 Beds
    • 1 Bath
    • 1,125 Sq Ft
    • 6614 Forbes Ave
    • Van Nuys, CA

    Nestled on a charming tree-lined street in Lake Balboa, this well-maintained 3-bedroom, 1-bathroom home offers timeless appeal and thoughtful updates on a generously sized 6,000+ sq ft lot. Original hardwood floors run throughout the main living areas and bedrooms, while tile accents the kitchen and bath. A floor-to-ceiling bay window floods the living room with natural light and flows into the

    Stephanie Vitacco Equity Union

    Section Image
  • 17007 Bassett St, Van Nuys, CA 91406

    $1,049,995

    • 4 Beds
    • 2 Baths
    • 1,721 Sq Ft
    • 17007 Bassett St
    • Van Nuys, CA

    Welcome to your dream home, tucked away in one of Lake Balboa’s most charming neighborhoods. This beautifully upgraded 4-bedroom, 2-bathroom residence offers 1,721 square feet of light-filled living space on a generously sized lot—perfect for both everyday comfort and unforgettable entertaining. Step inside to a bright, open floor plan where natural light pours in, highlighting the spacious

    Tamara Tambe Pinnacle Estate Properties, Inc.

    Section Image
  • 7058 Petit Ave, Van Nuys, CA 91406

    $995,000

    • 3 Beds
    • 2 Baths
    • 1,793 Sq Ft
    • 7058 Petit Ave
    • Van Nuys, CA

    Come home to this stunning, mid-century modern bungalow in highly sought after Lake Balboa. The gracious living room boasts massive windows that provide beautiful natural light. The charming kitchen comes fully equipped with stove and range hood, stainless steel refrigerator, dishwasher, and microwave. The adjacent dining area is ready for entertaining, and the built-in window seating is the

    Yolanda Felton Haven Real Estate Group

    Section Image
  • 7129 Forbes Ave, Van Nuys, CA 91406

    $1,199,000

    • 4 Beds
    • 3 Baths
    • 2,525 Sq Ft
    • 7129 Forbes Ave
    • Van Nuys, CA

    This lovely 2,525-square-foot home, constructed in 2007 in Van Nuys, offers 4 bedrooms and 3 bathrooms. The expansive primary suite includes an 18'x18' bedroom with two walk-in closets, dual sinks, a separate shower, and a soaking tub. A versatile downstairs bedroom is ideal for guests or a home office.The residence is equipped with modern conveniences like a dedicated laundry room, a two-car

    Nairy Stepanyan Coldwell Banker Hallmark Realty

    Section Image
  • 6914 Andasol Ave, van Nuys, CA 91406

    $1,067,500

    • 4 Beds
    • 2 Baths
    • 1,701 Sq Ft
    • 6914 Andasol Ave
    • van Nuys, CA

    Lake Balboa 4 bed 2 bath turnkey property. This is that well maintained property you are looking for. Ample yard space front and back with a comfortable patio and fire pit to entertain and relax. The 1701 sqft. living space features sleek engineered floors and vaulted living room ceiling. Lets schedule your private showing today.

    Vance Edwards John Mooradian

    Section Image
  • 6827 Bianca Ave, Van Nuys, CA 91406

    $999,000

    • 4 Beds
    • 2 Baths
    • 1,662 Sq Ft
    • 6827 Bianca Ave
    • Van Nuys, CA

    Back on market ! Buyer didn't perform so their loss is your gain! Here's what you've been waiting for! Welcome to your dream home at the end of a quiet cul-de-sac in the highly sought-after Lake Balboa neighborhood, just north of Victory Blvd and adjacent to Encino. This updated, single-level 4-bedroom, 2-bathroom home sits on a spacious 8,002 SQFT lot, offering plenty of room for a pool. Step

    Shiva Niku Nelson Shelton & Associates

    Section Image
  • 17532 Hamlin St, Van Nuys, CA 91406

    $969,000

    • 3 Beds
    • 1 Bath
    • 1,233 Sq Ft
    • 17532 Hamlin St
    • Van Nuys, CA

    Extensively remodeled Lake Balboa pool home. Beautiful NEW open concept kitchen with eat at peninsula. Loads of solid wood white Shaker styled cabinets with soft close door and drawers. Smooth surface Quartz counter tops with matching back splash. 36 inch cast iron farm sink. NEW stainless steel appliances (Refrigerator, gas range, built-in microwave, wine/beverage refrigerator, dishwasher &

    Steve Neuman Park Regency Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,025,000 Fidelity National Title
Grant Deed $1,025,000 Fidelity National Title
Grant Deed $755,000 Fidelity National Title
Grant Deed $545,000 Fidelity Van Nuys
Interfamily Deed Transfer -- Alliance Title Company
Grant Deed $425,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $810,000 New Conventional
Closed $810,000 New Conventional
Previous Owner $600,000 New Conventional
Previous Owner $436,000 Purchase Money Mortgage
Previous Owner $46,000 Credit Line Revolving
Previous Owner $35,000 Credit Line Revolving
Previous Owner $340,000 New Conventional
Previous Owner $22,112 Unknown
Previous Owner $194,000 Unknown
Previous Owner $190,000 Unknown
Previous Owner $190,000 Unknown
Previous Owner $45,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $1,025,000 +2.5% $681 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/24/2024 10/24/24 Price Changed $999,999 -4.7% $664 / Sq Ft
10/09/2024 10/09/24 For Sale $1,049,000 +38.9% $697 / Sq Ft
08/28/2024 08/28/24 Sold $755,000 -5.6% $502 / Sq Ft
08/11/2024 08/11/24 For Sale $799,999 +6.0% $532 / Sq Ft
08/10/2024 08/10/24 Off Market $755,000 -- --
08/04/2024 08/04/24 Pending -- -- --
08/02/2024 08/02/24 Price Changed $799,999 -3.0% $532 / Sq Ft
07/10/2024 07/10/24 Price Changed $825,000 -2.9% $548 / Sq Ft
06/28/2024 06/28/24 Price Changed $850,000 -2.9% $565 / Sq Ft
06/06/2024 06/06/24 For Sale $875,000 +15.9% $581 / Sq Ft
05/24/2024 05/24/24 Off Market $755,000 -- --
05/22/2024 05/22/24 For Sale $875,000 -- $581 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,853 $715,852 $572,686 $143,166
2023 $8,682 $701,816 $561,457 $140,359
2022 $8,280 $688,056 $550,449 $137,607
2021 $8,177 $674,565 $539,656 $134,909
2019 $7,932 $654,558 $523,650 $130,908
2018 $7,828 $641,725 $513,383 $128,342
2016 $6,741 $555,000 $443,800 $111,200
2015 $5,777 $474,000 $379,000 $95,000
2014 $5,912 $474,000 $379,000 $95,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24208474

California Regional Multiple Listing Service (CRMLS)

APN: 2231-023-037