NOT LISTED FOR SALE

7048 Mclennan Ave Van Nuys, CA 91406

Van Nuys Area

Estimated Value: $968,000 - $984,000

4 Beds
2 Baths
1,496 Sq Ft
$651/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2025

Last sale price $1,000,000 $668 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,171 / mo

29 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Laundry Room
  • Neighborhood Views
  • Living Room
  • Central Heating and Cooling System

About This Home

As of June 2025

Beautifully UPDATED 4 bed 2 bath home in a highly desirable Lake Balboa Neighborhood. The updated kitchen features custom cabinets, quartz counter tops, full tile backsplash, stylish fixtures, new stainless-steel appliances, and a large center island with waterfall countertop, Both the primary and secondary bathrooms have new fixtures, new double sink vanities, and custom tile work. The home has an open floorplan and the living has a decorative fireplace and leads to HUGE backyard with large covered patio area, perfect for outdoor relaxation & entertaining, and large yard for outdoor fun. Other upgrades include interior & exterior paint, luxury flooring in front living room, bedrooms and kitchen, central HVAC, updated plumbing and light fixtures, newly landscaped front and backyard. Other features include a spacious indoor laundry room and a two-car garage with a large driveway offering additional off-street parking. This home is ideally situated just a short distance to Lake Balboa Park, Woodley Lakes Golf Course, and offers easy access to freeways and the Metro Bus Line. Tax rolls show different bedroom count.

Last Agent to Sell the Property

Judi Reimer

First Team Real Estate Brokerage Phone: 310-266-1649 License #01218767 Listed on: 05/01/2025

First Team Real Estate

Co-Listed By

Janette Reimer

First Team Real Estate Brokerage Phone: 310-266-1649 License #01371801

Last Buyer's Agent

Suren Bahramian

Rise Realty License #01944106

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 Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,759 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,496 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 17009
  • Assessor Parcel Number 2225019021
  • $281 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

6,759 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2225019021
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1496.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Decorative
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 668.45
  • Room Type: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, 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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6759.00
  • Lot Size Acres: 0.1552

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6759.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1321.02
  • Tax Lot: 21
  • Tax Tract Number: 17009
  • TaxOtherAnnualAssessmentAmount: 281.00

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

Listed on
May 1, 2025
Closed on
Jun 12, 2025
Sold by
Morgan Properties Four Llc
Bought by
Seller's Agent
Judi Reimer
First Team Real Estate
Buyer's Agent
Suren Bahramian
Rise Realty
List Price
$1,049,000
Sold Price
$1,000,000
Premium/Discount to List
-$49,000
-4.67%
Views
12
Current Estimated Value
$970,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,818
Avg. Annual Appreciation
-2.23%
Original Mortgage
$800,000
Outstanding Balance
$791,571
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$182,185

Purchase Details

Listed on
Sep 19, 2024
Closed on
Sep 26, 2024
Sold by
Rolbin Michael and Rolbin David
Bought by
Morgan Properties Four Llc
Seller's Agent
Marite Cochard
Pinnacle Estate Properties
Buyer's Agent
Judi Reimer
First Team Real Estate
List Price
$825,000
Sold Price
$825,000
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
30.63%
Original Mortgage
$10,000,000
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 15, 2017
Sold by
Rolbin David
Bought by
Rolbin Michael and Rolbin David

Purchase Details

Closed on
Jul 29, 1994
Sold by
Rolbin Barbara R
Bought by
Rolbin Barbara Rae and The Barbara Rae Rolbin Family Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Van Nuys, CA

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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
$1,000,000 First American Title Company
Morgan Properties Four Llc $825,000 First American Title Company
Rolbin Michael -- None Available
Rolbin Barbara Rae -- --
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
Open $800,000
Previous Owner Morgan Properties Four Llc $10,000,000
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 Prior Sale
06/27/2025 06/27/25 Sold $1,000,000 0.0% $668 / Sq Ft
05/28/2025 05/28/25 Off Market $1,000,000 -- --
05/01/2025 05/01/25 For Sale $1,049,000 +27.2% $701 / Sq Ft
10/09/2024 10/09/24 Sold $825,000 0.0% $551 / Sq Ft View Prior Sale
09/23/2024 09/23/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $825,000 -- $551 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2026 $10,117 $1,020,000 $714,000 $306,000
2025 $10,117 $825,000 $623,400 $201,600
2024 $3,357 $256,453 $103,131 $153,322
2023 $3,296 $251,425 $101,109 $150,316
2022 $3,148 $246,496 $99,127 $147,369
2021 $3,104 $241,664 $97,184 $144,480
2019 $3,014 $234,498 $94,302 $140,196
2018 $2,926 $229,901 $92,453 $137,448
2016 $2,784 $220,975 $88,864 $132,111
2015 $2,745 $217,657 $87,530 $130,127
2014 $2,763 $213,394 $85,816 $127,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25096097

California Regional Multiple Listing Service (CRMLS)

APN: 2225-019-021

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