NOT LISTED FOR SALE

7038 Forbes Ave van Nuys, CA 91406

Estimated Value: $785,000 - $1,270,000

2 Beds
1 Bath
1,000 Sq Ft
$1,053/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2014

Last sale price $285,000 $285 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $6,488 / mo

198 Days on Market

Highlights

  • Spanish Architecture
  • Living Room
  • Tile Flooring
  • Enclosed Patio or Porch
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of July 2014

Short Sale. Pre-approved list price by lender. Beutiful Spanish style home. 2 bedrooms 1 bath. Very nicely done on a huge lot! Ideal for someone who wants to add to it and improve it. FHA or FHA 203K ready! 2 liens same lender. Very experienced short sale team. Bring all buyers. Priced aggressively to move fast. Buyers must be pre-qualified with seller's lender of choice see private remarks.

Last Agent to Sell the Property

Ron Escobar

eXp Realty of California Inc License #01460645 Listed on: 07/11/2012

eXp Realty of California Inc

Last Buyer's Agent

Maria Provenzano

Avenue Homes License #01783347

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 8,120 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Garage

Home Design

  • Spanish Architecture
  • Shingle Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 2225-016-026

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

8,120 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1000
  • Stories: 1
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: 12

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Fireplace: Yes
  • Price Per S Q F T: 253.50

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Shingle
  • View: No

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2225-016-026
  • Lot Size Area: 8120

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2026
Sold by
Bought by
Current Estimated Value
$1,052,717

Purchase Details

Listed on
Jul 11, 2012
Closed on
Sep 5, 2014
Sold by
Bought by
Seller's Agent
Ron Escobar
eXp Realty of California Inc
Buyer's Agent
Maria Provenzano
Avenue Homes
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$312,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2012
Closed on
Jul 3, 2014
Sold by
Bought by
Seller's Agent
Ron Escobar
eXp Realty of California Inc
Buyer's Agent
Maria Provenzano
Avenue Homes
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 11, 2012
Closed on
Jul 2, 2014
Sold by
Bought by
Seller's Agent
Ron Escobar
eXp Realty of California Inc
Buyer's Agent
Maria Provenzano
Avenue Homes
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 17, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 24, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.22%

Purchase Details

Closed on
Jun 7, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$390,000 Lawyers Title
-- Accommodation
$285,000 Lawyers Title
-- Fidelity
$450,000 Fidelity National Title
$215,000 Fidelity National Title
-- Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $312,000
Previous Owner $385,000
Previous Owner $45,000
Previous Owner $360,000
Previous Owner $172,000
Previous Owner $171,000
Closed $21,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/09/2014 07/09/14 Sold $285,000 +12.4% $285 / Sq Ft
03/06/2013 03/06/13 Price Changed $253,500 -7.8% $254 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $275,000 0.0% $275 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $275,000 -- $275 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,750 $787,863 $468,716 $319,147
2024 $9,650 $772,416 $459,526 $312,890
2023 $9,466 $757,271 $450,516 $306,755
2022 $9,029 $742,424 $441,683 $300,741
2021 $8,912 $727,868 $433,023 $294,845
2019 $8,648 $706,280 $420,180 $286,100
2018 $8,519 $692,433 $411,942 $280,491
2016 $4,805 $395,947 $395,947 $0
2015 $4,790 $390,000 $312,000 $78,000
2014 $4,821 $390,000 $331,100 $58,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Ron Escobar

    eXp Realty of California Inc

    Section Image

  • M

    Buyer's Agent in 2014

    Maria Provenzano

    Avenue Homes

    Section Image
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Map

Source: The MLS

MLS Number: 12-612061

The MLS

APN: 2225-016-026

California Los Angeles County Van Nuys 91406

7038 Forbes Ave, Van Nuys, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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