NOT LISTED FOR SALE

7241 Forbes Ave Unit B Van Nuys, CA 91406

Van Nuys Area

Estimated Value: $1,174,000 - $1,372,000

2 Beds
1 Bath
825 Sq Ft
$1,558/Sq Ft Est. Value

Highlights

  • 0.52 Acre Lot
  • Air Conditioning
  • Bungalow
  • Engineered Wood Flooring
  • Living Room
  • Auto Driveway Gate

About This Home

As of November 2022

This beautiful 2 BR + 1 BA home in Lake Balboa will be your peaceful oasis. Surrounded by trees and a private garden setting, the unit sits on a half-acre property in the back yard of a single-family home. You'll love the kitchen area, with granite counters for cooking or dining, a gas range, and a refrigerator. The shower has a bath/tub combo and single sink vanity. Heat and AC are generated from quiet mini-split units in both bedrooms and the living room. Off-street parking in the gated driveway is allowed. Washer/dryer included! Sorry, no smokers or pets - no exceptions. This house sits on a half-acre and shares the yard with the front 3 BR property. Both properties are currently vacant and may be rented together for a negotiated price. Utilities: trash and gas are included in rent. One-year lease minimum.

Last Agent to Rent the Property

Ari Afshar

Compass License #01753779 Listed on: 10/11/2022

Compass

Co-Listed By

Allison Gold

Equity Union License #01865934

Last Renter's Agent

Ari Afshar

Compass License #01753779 Listed on: 10/11/2022

Compass

Range of Values:

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Value Increase
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Percent Increase
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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 1948

Lot Details

  • 22,498 Sq Ft Lot
  • Lot Dimensions are 75x300
  • Property is zoned LAR1

Home Design

  • Bungalow

Interior Spaces

  • 825 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Engineered Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Auto Driveway Gate

Utilities

  • Air Conditioning
  • Heating Available

Community Details

Listing and Financial Details

  • Security Deposit $2,650
  • Tenant pays for electricity, water, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 2226-031-011

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0.52 Acres

Rental Info

  • Security Deposit: 2650
  • Tenant Pays: Electricity, Water, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Bungalow
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 825
  • Lot Acreage: 0.5165
  • Lot Dimensions: 75x300
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Engineered Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Refrigerator, Washer, Dryer
  • Price Per S Q F T: 3.21

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway Gate, Uncovered
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Electric

Lot Info

  • Assessor Parcel Number: 2226-031-011
  • Lot Size Area: 22498

Multi Family

  • Number Of Units: 2

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
Nov 10, 2015
Sold by
Bought by
Current Estimated Value
$1,285,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,024
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Closed on
Feb 4, 2015
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 2012
Sold by
Bought by

Purchase Details

Closed on
May 19, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 12, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 20, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 1996
Sold by
Bought by
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
$700,000 Fidelity Sherman Oaks
$528,875 None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
$202,000 Fidelity Title
$131,000 First American 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 $110,000
Open $770,000
Closed $659,613
Closed $696,024
Previous Owner $200,000
Previous Owner $560,000
Previous Owner $400,000
Previous Owner $380,000
Previous Owner $30,000
Previous Owner $60,000
Previous Owner $236,000
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
11/28/2022 11/28/22 Rented $6,000 +126.4% --
11/21/2022 11/21/22 Under Contract -- -- --
10/11/2022 10/11/22 For Rent $2,650 -- --
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 $10,294 $828,650 $497,191 $331,459
2024 $10,159 $812,403 $487,443 $324,960
2023 $9,965 $796,475 $477,886 $318,589
2022 $9,509 $780,859 $468,516 $312,343
2021 $9,387 $765,549 $459,330 $306,219
2019 $9,109 $742,845 $445,707 $297,138
2018 $8,927 $728,280 $436,968 $291,312
2016 $8,521 $700,000 $420,000 $280,000
2015 $6,343 $510,160 $295,356 $214,804
2014 $6,377 $500,168 $289,571 $210,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-207421

The MLS

APN: 2226-031-011

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