A
Seller's Agent in 2025
Amrita Chawla
BLVD ESTATE PROPERTIES
(770) 778-5882
4 Total Sales
7225 Forbes Ave Van Nuys, CA 91406
3
Beds
2
Baths
2,320
Sq Ft
0.54
Acres
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 2025Over 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,632
Year Built
- Built in 1947
Lot Details
- 0.54 Acre 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
- Awning
- 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
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2226-031-013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2025
Closed on
Sep 11, 2025
Sold by
Edwards Jessica
Bought by
Hawk Eye 10Th Investments Llc
Seller's Agent
Allison Gold
Compass
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$1,755,000
Outstanding Balance
$1,753,438
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
-$487,386
Purchase Details
Closed on
Nov 1, 2019
Sold by
Edwards Christopher
Bought by
Edwards Jessica
Purchase Details
Listed on
May 20, 2015
Closed on
Sep 9, 2015
Sold by
Hellert Mary F
Bought by
Edwards Christopher and Edwards Jessica
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
6.72%
Original Mortgage
$524,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 13, 2002
Sold by
Hellert Orland Z and Hellert Mary F
Bought by
Hellert Orland Z
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%
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 | $1,250,000 | Chicago Title Company | |
| Warranty Deed | -- | None Available | |
| Grant Deed | $655,000 | Priority Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,755,000 | New Conventional | |
| Previous Owner | $524,000 | New Conventional | |
| Previous Owner | $90,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2025 11/18/25 | Price Changed | $5,100 | -1.9% | $3 / Sq Ft | |
| 11/02/2025 11/02/25 | For Rent | $5,200 | 0.0% | -- | |
| 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 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 |
|---|---|---|---|---|
| 2025 | $9,632 | $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
-
Amrita Chawla
-
Allison Gold
Seller's Agent in 2025
Allison Gold
Compass
(323) 855-4692
5 in this area
48 Total Sales
-
Ariyan Afshar
Seller Co-Listing Agent in 2025
Ariyan Afshar
Compass
(310) 780-3180
6 in this area
242 Total Sales
-
Matthew Roton
M
Buyer's Agent in 2025
Matthew Roton
Shawbrook Capital Inc.
(818) 379-9585
1 in this area
15 Total Sales
-
S
Seller's Agent in 2015
Shirley Katz
No Firm Affiliation
Map
Source: The MLS
MLS Number: 25583921
APN: 2226-031-013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 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.
Nearby Homes
- 7304 Balboa Blvd Unit C
- 7129 Forbes Ave
- 7231 Balboa Blvd Unit A
- 7301 Balboa Blvd Unit 8
- 16822 Valerio St
- 7038 Mclennan Ave
- 7058 Petit Ave
- 16654 Kelsloan St
- 17064 Cantlay St
- 6938 Balboa Blvd
- 7514 Paso Robles Ave
- 6930 De Celis Place Unit 16
- 16723 Vanowen St
- 7650 Balboa Blvd Unit 56
- 7018 Aldea Ave
- 7656 Oak Park Ave
- 6714 Mclennan Ave
- 6912 Louise Ave
- 7517 Louise Ave
- 17400 Cantlay St