NOT LISTED FOR SALE

7003 Forbes Ave Los Angeles, CA 91406

Lake Balboa Neighborhood

Estimated Value: $955,294 - $1,468,000

1 Bed
1 Bath
480 Sq Ft
$2,361/Sq Ft Est. Value

Highlights

  • New Construction
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

As of February 2024

Welcome to this brand new built ADU with solar panels in the heart of Van Nuys! This property is one of three units. This home features white stucco on the exterior, small sitting area to enjoy warm summer nights and days, white paint throughout the interior with white double pane windows, European style wall A/C and heat, laminate flooring throughout, white kitchen with white quartz countertops including a gas range, microwave and dishwasher, spacious bathroom with a large vanity and large shower with marble tiles, washer/dryer hookups, spacious sliding mirrored closet and much more! If you want to live in a brand new single family home, this is it! Pets are welcome. Section 8 welcome. Water and gas are included in the rent.

Last Agent to Rent the Property

Harout Aloyan

Coldwell Banker Hallmark Brokerage Phone: 818-522-5280 License #02044903 Listed on: 01/17/2024

Coldwell Banker Hallmark

Last Renter's Agent

Harout Aloyan

Coldwell Banker Hallmark Brokerage Phone: 818-522-5280 License #02044903 Listed on: 01/17/2024

Coldwell Banker Hallmark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,188

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,594 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes gas, water
  • 12-Month Minimum Lease Term
  • Available 1/17/24
  • Tax Lot 11
  • Tax Tract Number 17009
  • Assessor Parcel Number 2225019011

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,188

Year Built

Built in 2023 | New Construction

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-01-17
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 250
  • Deposit Security: 2500
  • Furnished: Unfurnished
  • Pets Allowed: Yes

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: No
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 2225019011
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 480.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 5.00
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7594.00
  • Lot Size Acres: 0.1743

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 7594.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gas, Water

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 17009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2015
Sold by
Stotland Julian
Bought by
Stotland Julian and The Revocable Trust Of Julian
Current Estimated Value
$1,103,762
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stotland Julian -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Varderesyan Vardui $350,000
Closed Stotland Julian $97,291
Closed Stotland Julian $160,000
Closed Stotland Julian $171,550
Closed Stotland Julian $177,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2024 02/18/24 Rented $2,400 +9.1% --
02/09/2024 02/09/24 Price Changed $2,200 -12.0% $5 / Sq Ft
01/17/2024 01/17/24 For Rent $2,500 -- --
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
2025 $11,188 $925,371 $740,298 $185,073
2024 $11,188 $907,228 $725,783 $181,445
2023 $10,972 $889,440 $711,552 $177,888
2022 $4,417 $353,238 $199,948 $153,290
2021 $4,358 $346,313 $196,028 $150,285
2019 $4,231 $336,043 $190,214 $145,829
2018 $4,105 $329,455 $186,485 $142,970
2016 $3,912 $316,664 $179,245 $137,419
2015 $3,856 $311,908 $176,553 $135,355
2014 $3,875 $305,799 $173,095 $132,704
Source: Public Records

Agents Affiliated with this Home

  • Harout Aloyan

    Landlord's Agent in 2024

    Harout Aloyan

    Coldwell Banker Hallmark

    (818) 522-5280

    1 in this area

    177 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24010367

California Regional Multiple Listing Service (CRMLS)

APN: 2225-019-011

California Los Angeles County Los Angeles 91406 Lake Balboa

7003 Forbes Ave, Los Angeles, CA

This home is located at 7003 Forbes Ave, Los Angeles, CA 91406 since 17 January 2024 and is currently priced at $1,133,324. This property was built in 2023. 7003 Forbes Ave is a home located in Los Angeles County with nearby schools including Gault Street Elementary School, William Mulholland Middle, and Birmingham Community Charter High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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