$975,000
SOLD JUL 14, 2025
3 Beds
3 Baths
2,199 Sq Ft
7,919 Sq Ft Lot

Recently Sold

$443 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Attached Guest House
  • Main Floor Bedroom
  • Private Yard
  • Open Floorplan
  • Quartz Countertops
  • No HOA

About This Home

As of July 2025

Tucked away on a quiet, tree-lined street in the desirable Van Nuys/Lake Balboa neighborhood, this beautifully updated residence offers the perfect blend of charm, functionality, and opportunity. Featuring 3 bedrooms and 3 bathrooms across 2,199 sq. ft. of living space, the home sits on a generous 8,000 sq. ft. lot, providing ample room both inside and out. Step inside to discover a bright and thoughtfully designed layout, enhanced by tasteful improvements that add comfort and peace of mind. A recently replaced roof, upgraded sewer line, and improved concrete and copper plumbing provide lasting durability and peace of mind. The spacious interior flows effortlessly, making it ideal for families, entertainers, or those seeking a flexible living environment. A major highlight of this property is the permitted 334 sq. ft. guest suite—a fully equipped 1-bedroom, 1-bathroom space with its own private entrance. Whether used for extended family, visiting guests, or as a home office or rental, this separate living area adds exceptional flexibility and value. Located near golf courses, top-rated schools, parks, shopping, and major freeways, this home provides both convenience and tranquility. With its versatile layout, prime location, and income-generating potential, 7027 Shoshone Ave is a rare find in one of the Valley’s most sought-after neighborhoods. Don't miss your chance to own a move-in ready home with built-in flexibility and long-term value. This is Lake Balboa living at its finest.

Last Agent to Sell the Property

Luke Smith

Real Brokerage Technologies, Inc. Brokerage Phone: 310-702-0128 License #02037906 Listed on: 05/29/2025

Real Brokerage Technologies, Inc.

Last Buyer's Agent

Luke Smith

Real Brokerage Technologies, Inc. Brokerage Phone: 310-702-0128 License #02037906 Listed on: 05/29/2025

Real Brokerage Technologies, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,176

Year Built

  • Built in 1951

Lot Details

  • 7,919 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Turnkey

Interior Spaces

  • 2,199 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Double Door Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Accessible Parking
  • Attached Guest House
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 15029
  • Assessor Parcel Number 2228024010

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,176

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2228024010
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2199.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Open Floorplan, Quartz Counters, Recessed Lighting, Storage
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 443.38
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House, Guest House Attached, Shed(s), Storage
  • View: Neighborhood
  • Patio And Porch Features: Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Gas Range, Microwave, Range Hood, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level, Sprinkler System, Yard
  • Lot Size Sq Ft: 7919.00
  • Lot Size Acres: 0.1818

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7919.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1320.02
  • Tax Lot: 15
  • Tax Tract Number: 15029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jul 9, 2025
Sold by
Younes Shabnam Shirian
Bought by
Younes Yoseph Assaf
Seller's Agent
Luke Smith
Real Brokerage Technologies, Inc.
Buyer's Agent
Luke Smith
Real Brokerage Technologies, Inc.
List Price
$969,000
Sold Price
$975,000
Premium/Discount to List
$6,000
0.62%
Total Days on Market
5
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.44%
Original Mortgage
$682,500
Outstanding Balance
$682,500
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$283,782

Purchase Details

Listed on
May 29, 2025
Closed on
Jun 30, 2025
Sold by
Willis Johnny and Willis Martha E
Bought by
Younes Yoseph Assaf
Seller's Agent
Luke Smith
Real Brokerage Technologies, Inc.
Buyer's Agent
Luke Smith
Real Brokerage Technologies, Inc.
List Price
$969,000
Sold Price
$975,000
Premium/Discount to List
$6,000
0.62%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Outstanding Balance
$682,500
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$283,782

Purchase Details

Closed on
Feb 7, 2003
Sold by
Arias Natividad
Bought by
Navas Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,700
Interest Rate
5.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 19, 1999
Sold by
Acosta Peter P
Bought by
Willis Johnny and Willis Martha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
7.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 8, 1994
Sold by
Speck Rachel
Bought by
Acosta Peter P and Acosta Elena

Purchase Details

Closed on
Nov 1, 1994
Sold by
Shani Haim
Bought by
Acosta Peter P and Acosta Elena
Source: Public Records

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Range of Values:

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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
Deed -- Clever Escrow Inc
Grant Deed $975,000 Fidelity - Sherman Oaks
Interfamily Deed Transfer -- Southland Title
Grant Deed $190,000 Chicago Title
Grant Deed $77,500 --
Grant Deed $77,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $682,500 New Conventional
Previous Owner $281,000 New Conventional
Previous Owner $239,000 New Conventional
Previous Owner $61,000 Stand Alone Second
Previous Owner $260,000 Fannie Mae Freddie Mac
Previous Owner $178,700 Unknown
Previous Owner $176,000 Unknown
Previous Owner $161,500 Stand Alone Second
Previous Owner $145,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Rent $3,750 0.0% --
07/14/2025 07/14/25 Sold $975,000 +0.6% $443 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $969,000 -- $441 / 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 $5,176 $404,345 $205,822 $198,523
2023 $4,760 $371,662 $201,787 $169,875
2022 $4,545 $364,376 $197,831 $166,545
2021 $4,485 $357,232 $193,952 $163,280
2019 $4,354 $346,638 $188,200 $158,438
2018 $3,708 $295,920 $184,510 $111,410
2016 $3,533 $284,432 $177,347 $107,085
2015 $3,482 $280,161 $174,684 $105,477
2014 $3,500 $274,674 $171,263 $103,411
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25053969

California Regional Multiple Listing Service (CRMLS)

APN: 2228-024-010