7048 Mclennan Ave Van Nuys, CA 91406
Lake Balboa Neighborhood
3
Beds
2
Baths
1,496
Sq Ft
6,759
Sq Ft Lot
Highlights
- Golf Course Community
- Family Room Off Kitchen
- 2 Car Attached Garage
- No HOA
- Front Porch
- Bathtub
About This Home
As of June 2025Calling all investors! Bring your hard hat and hammer to this Encino adjacent hidden gem awaiting your special touch and TLC! Discover this lovely home nestled in the heart of Lake Balboa, perfectly positioned for those who value location, location, location! Just a stone’s throw away from Balboa Park, you’ll find yourself surrounded by fantastic restaurants, and centrally located with quick access to the 101, 405 freeways, the lake, and Ventura Blvd. This charming property is making its very first debut on the market and is priced to sell! As you step inside, you'll find a separate dining room perfect for entertaining, along with a cozy eat-in galley kitchen with a separate area within it for everyday dining. The home features an in-house laundry room for added convenience, and a den that could be a possible 4th bedroom with double entry that includes a 3/4 bathroom — a fantastic space with great potential. Opportunities are endless! Natural bright light floods the interior, thanks to an oversized sliding glass door in the living room, which also boasts a charming fireplace and lovely wood-like floors throughout. With good-sized bedrooms and a hallway full bathroom, this home offers ample space for both, convenience and enjoyment. Step outside to discover a private yard featuring a covered patio, ideal for future outdoor gatherings. The attractive front porch invites you to relax and soak in the neighborhood’s charm. Plus, the two-car garage with direct access adds convenience to anyones daily life.
With some love and artistic design, this project can be your next captivating home, and a sanctuary in Lake Balboa. This lovely home is waiting for the right buyer to transform it into their vision and dream. Schedule an appointment today!
Last Agent to Sell the Property
Pinnacle Estate Properties Brokerage Phone: 818-605-1220 License #01867409 Listed on: 09/19/2024
Co-Listed By
Pinnacle Estate Properties Brokerage Phone: 818-605-1220 License #01938731
Last Buyer's Agent
Judi Reimer
First Team Real Estate License #01218767
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,357
Year Built
- Built in 1955
Lot Details
- 6,759 Sq Ft Lot
- Back Yard
- Property is zoned LAR1
Parking
- 2 Car Attached Garage
Home Design
- Patio Home
- Fixer Upper
Interior Spaces
- 1,496 Sq Ft Home
- 1-Story Property
- Family Room Off Kitchen
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Patio
- Exterior Lighting
- Front Porch
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 17009
- Assessor Parcel Number 2225019021
- $281 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
- Park
- Dog Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2025
Closed on
Jun 12, 2025
Sold by
Morgan Properties Four Llc
Bought by
Asatryan Andranik
Seller's Agent
Judi Reimer
First Team Real Estate
Buyer's Agent
Suren Bahramian
Rise Realty
List Price
$999,900
Sold Price
$1,000,000
Premium/Discount to List
$100
0.01%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.61%
Original Mortgage
$800,000
Outstanding Balance
$800,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$227,965
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
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,000,000 | First American Title Company | |
| Grant Deed | $825,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $800,000 | New Conventional | |
| Previous Owner | $10,000,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Sold | $1,000,000 | 0.0% | $668 / Sq Ft |
| 05/30/2025 05/30/25 | Pending | -- | -- | -- |
| 05/23/2025 05/23/25 | For Sale | $999,900 | +21.2% | $668 / Sq Ft |
| 10/09/2024 10/09/24 | Sold | $825,000 | 0.0% | $551 / Sq Ft |
| 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 Compared to Growth
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 | $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
-
Judi Reimer
Seller's Agent in 2025
Judi Reimer
First Team Real Estate
(310) 266-1649
6 in this area
836 Total Sales
-
Janette Reimer
J
Seller Co-Listing Agent in 2025
Janette Reimer
First Team Real Estate
(310) 529-7725
3 in this area
361 Total Sales
-
Suren Bahramian
S
Buyer's Agent in 2025
Suren Bahramian
Rise Realty
(323) 876-7060
1 in this area
3 Total Sales
-
Marite Cochard
Seller's Agent in 2024
Marite Cochard
Pinnacle Estate Properties
(818) 605-1220
2 in this area
62 Total Sales
-
Kiley Viramontes
Seller Co-Listing Agent in 2024
Kiley Viramontes
Pinnacle Estate Properties
(818) 272-9833
1 in this area
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24195454
APN: 2225-019-021
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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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