NOT LISTED FOR SALE

7225 Forbes Ave Van Nuys, CA 91406

Estimated Value: $1,159,000 - $1,345,000

3 Beds
2 Baths
2,320 Sq Ft
$538/Sq Ft Est. Value

Sale Details

Date Sold: October 6, 2025

Last sale price $1,250,000 $539 Per Sq Ft

Current estimated payment $7,535 / mo

16 Days on Market

Highlights

  • In Ground Pool
  • 0.54 Acre Lot
  • Vaulted Ceiling
  • View of Trees or Woods
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of October 2025

Over Half an Acre in Lake Balboa: Car Lovers, Creatives, Gardeners, and Dreamers are Welcome! You'll fall in love with this private oasis in peaceful Lake Balboa! Set on a rare 23,370 sq ft lot, this gated compound offers exceptional privacy and endless possibilities. The 3-bedroom, 2-bath home is anchored by a spacious great room with vaulted ceilings and skylights, filling the living and dining areas with natural light and warmth. While very livable, the home could benefit from some updating -- a wonderful opportunity to add value and make it your own. A true highlight is the detached 3-car garage connected to an oversized bonus space. Perfect for car aficionados, hobbyists, or creatives, it provides incredible space for a workshop, studio, or the build-out of a guesthouse or ADU -- ideal for multigenerational living or storage. Outdoors, the property continues to impress with a sparkling 14' x 40' pool, an incredible amount of succulents, native plants, trees, and generous gated parking for several vehicles and plenty of play spaces. This rare Lake Balboa gem offers the space, flexibility, and lifestyle you've been waiting for, whether your dream is to restore, expand, or create your own private compound. Property sold AS-IS. Bring your vision. Bring your entire family.

Last Agent to Sell the Property

Allison Gold

Equity Union License #01865934 Listed on: 08/27/2025

Equity Union

Co-Listed By

Ari Afshar

Compass License #01753779

Last Buyer's Agent

Matthew Roton

Shawbrook Capital Inc. License #01890855

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 23,377 Sq Ft Lot
  • Lot Dimensions are 77x300
  • East Facing Home
  • Gated Home
  • Stucco Fence
  • Property is zoned LAR1

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway
  • Automatic Gate

Property Views

  • Woods
  • Pool

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,320 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Additional Features

  • Awning
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2226-031-013

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0.54 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2320
  • Lot Acreage: 0.5367
  • Lot Dimensions: 77x300
  • Stories: 1
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Equipment: Microwave, Range/Oven, Dishwasher, Garbage Disposal, Refrigerator, Electric Dryer Hookup, Built-Ins, Ceiling Fan
  • Price Per S Q F T: 581.47

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • Fence: Stucco Wall
  • Patio: Awning
  • Pool Description: In Ground, Fenced
  • Pool: Yes
  • Roof: Composition, Shingle
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Trees/Woods, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Parking Garage: Private, Garage - 3 Car, Oversized, Detached, Driveway - Concrete
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Automatic Gate

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2226-031-013
  • Lot Size Area: 23377

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
Aug 27, 2025
Closed on
Sep 11, 2025
Sold by
Bought by
Seller's Agent
Allison Gold
Equity Union
Buyer's Agent
Matthew Roton
Shawbrook Capital Inc.
List Price
$1,349,000
Sold Price
$1,250,000
Premium/Discount to List
-$99,000
-7.34%
Views
27
Current Estimated Value
$1,247,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,338
Avg. Annual Appreciation
-0.27%
Original Mortgage
$1,755,000
Outstanding Balance
$1,740,629
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
-$492,967

Purchase Details

Closed on
Nov 1, 2019
Sold by
Bought by

Purchase Details

Listed on
May 20, 2015
Closed on
Sep 9, 2015
Sold by
Bought by
Seller's Agent
Shirley Katz
No Firm Affiliation
List Price
$839,000
Sold Price
$655,000
Premium/Discount to List
-$184,000
-21.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$524,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 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
$90,500
Interest Rate
6.22%
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
$1,250,000 Chicago Title Company
-- None Available
$655,000 Priority 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
Open $1,755,000
Previous Owner $524,000
Previous Owner $90,500
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 Prior Sale
10/06/2025 10/06/25 Sold $1,250,000 -7.3% $539 / Sq Ft
09/12/2025 09/12/25 Pending -- -- --
08/27/2025 08/27/25 For Sale $1,349,000 +106.0% $581 / Sq Ft
10/08/2015 10/08/15 Sold $655,000 -21.9% $487 / Sq Ft View Prior Sale
09/08/2015 09/08/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $839,000 -- $624 / 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 $9,706 $775,381 $538,625 $236,756
2024 $9,632 $760,178 $528,064 $232,114
2023 $9,451 $745,273 $517,710 $227,563
2022 $9,023 $730,660 $507,559 $223,101
2021 $8,915 $716,334 $497,607 $218,727
2020 $9,002 $708,990 $492,505 $216,485
2019 $8,656 $695,090 $482,849 $212,241
2018 $8,396 $681,462 $473,382 $208,080
2016 $8,028 $655,000 $455,000 $200,000
2015 $3,802 $307,350 $210,992 $96,358
2014 $3,829 $301,330 $206,859 $94,471
Source: Public Records

Agents Affiliated with this Home

  • Allison Gold

    Seller's Agent in 2025

    Allison Gold

    Equity Union

    (323) 855-4692

    49 Total Sales

    Allison Gold
    Section Image
  • Ari Afshar

    Seller Co-Listing Agent in 2025

    Ari Afshar

    Compass

    (310) 780-3180

    227 Total Sales

    Ari Afshar
    Section Image

  • M

    Buyer's Agent in 2025

    Matthew Roton

    Shawbrook Capital Inc.

    (818) 427-1866

    14 Total Sales

    Matthew Roton
    Section Image

  • S

    Seller's Agent in 2015

    Shirley Katz

    No Firm Affiliation

See All Agents

Map

Source: The MLS

MLS Number: 25583921

The MLS

APN: 2226-031-013

California Los Angeles County Van Nuys 91406

7225 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.
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