NOT LISTED FOR SALE

7241 Forbes Ave van Nuys, CA 91406

Estimated Value: $1,137,000 - $1,501,000

4 Beds
3.5 Baths
3,000 Sq Ft
$441/Sq Ft Est. Value

Last Sold December 03, 2015

Last sale price $700,000 $233 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,714/month

Highlights

  • 0.52 Acre Lot
  • Traditional Architecture
  • Central Heating and Cooling System
  • Living Room with Fireplace
  • Laundry Room
  • Family Room

About This Home

As of May 2024

Welcome to your new home! Nestled in a tranquil Encino adjacent neighborhood, this delightful 3 bedroom, 2.5 bath gated mini estate offers an inviting blend of comfort and style. It also comes with a lovely private 1 bedroom, 1 bathroom guesthouse complete with a kitchenette and office. The primary residence is 2,320 square feet and the guest house is about 800 square feet. In the main house there is a beautiful primary suite that has a cozy fireplace, luxurious bathroom with a separate tub and shower, large walk in closet and direct access to the peaceful park like grounds. There are two additional ample sized bedrooms and bathrooms down the hall. This bright beautiful sunlit home also features a wonderful kitchen with stainless steal appliances, plenty of cabinet space, a formal dining area, living room with a gorgeous fireplace and a large family room. The single story floorplan is perfect for entertaining and gets an abundance of natural! The house is wonderfully situated on a huge sprawling flat lot, with a long circular driveway and an amazing and private backyard. Take the opportunity to make this beautiful home your own. Schedule a showing today and discover the perfect blend of comfort, convenience, and charm!

Last Agent to Rent the Property

Shelley Brown

b.smth Real Estate Group License #01373933 Listed on: 04/29/2024

Last Renter's Agent

Jenna Johnson

Equity Union License #02127923

Equity Union

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 75x300
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom Retreat

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $5,500
  • Tenant pays for electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 2226-031-011

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Rental Info

  • Credit Report Required: Yes
  • Security Deposit: 5500
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to your new home! Nestled in a tranquil Encino adjacent neighborhood, this delightful 3 bedroom, 2.5 bath gated mini estate offers an inviting blend of comfort and style. It also comes with a lovely private 1 bedroom, 1 bathroom guesthouse complete with a kitchenette and office. The primary residence is 2,320 square feet and the guest house is about 800 square feet. In the main house there is a beautiful primary suite that has a cozy fireplace, luxurious bathroom with a separate tub and shower, large walk in closet and direct access to the peaceful park like grounds. There are two additional ample sized bedrooms and bathrooms down the hall. This single story sunlit home also features a wonderful kitchen with stainless steal appliances, plenty of cabinet space, a formal dining area, living room with a gorgeous fireplace and a large family room.
  • Lease Terms: 1+Year
  • Living Area: 3000
  • Lot Acreage: 0.5166
  • Lot Dimensions: 75x300
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Master Retreat
  • Flooring: Mixed
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Microwave, Gas Or Electric Dryer Hookup, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1.83

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 2226-031-011
  • Lot Size Area: 22505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Nov 10, 2015
Sold by
Century Asset Holding Corporation
Bought by
Alexander Giana A
Seller's Agent
Lisa Rabiola
Rodeo Realty
List Price
$699,500
Sold Price
$700,000
Premium/Discount to List
$500
0.07%
Current Estimated Value
$1,322,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,470
Avg. Annual Appreciation
6.46%
Original Mortgage
$696,024
Outstanding Balance
$546,338
Interest Rate
3.73%
Mortgage Type
VA
Estimated Equity
$776,132

Purchase Details

Closed on
Feb 4, 2015
Sold by
Mendoza Rigoberto
Bought by
Century Asset Holding Corporation

Purchase Details

Closed on
Jun 1, 2012
Sold by
Mendoza Rigoberto
Bought by
Mendoza Rigoberto and Hernandez Ignacio Gomez

Purchase Details

Closed on
May 19, 2011
Sold by
Mendoza Rigoberto
Bought by
The Roberto Vargas Cestui Que Trust

Purchase Details

Closed on
Oct 12, 2010
Sold by
Mendoza Rigoberto
Bought by
Mendoza Rigoberto and Guardado Roberto A

Purchase Details

Closed on
Mar 12, 2010
Sold by
Zepeda David and The Kenneth & Fran Gilbert & D
Bought by
Zepeda David and The Robert & Janis Mann & Fran Gilbert &

Purchase Details

Closed on
Feb 20, 2010
Sold by
Mendoza Rigoberto
Bought by
Zepeda David and The Kenneth & Fran Gilbert David & Chris

Purchase Details

Closed on
Jul 13, 1998
Sold by
Goldberg Henry and Goldberg Deborah
Bought by
Mendoza Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,800
Interest Rate
8.5%

Purchase Details

Closed on
Jan 30, 1996
Sold by
Margherio Mary and The Mary Margherio Living Trus
Bought by
Goldberg Henry and Goldberg Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
Alexander Giana A $700,000 Fidelity Sherman Oaks
Century Asset Holding Corporation $528,875 None Available
Mendoza Rigoberto -- None Available
The Roberto Vargas Cestui Que Trust -- None Available
Mendoza Rigoberto -- None Available
Zepeda David -- None Available
Zepeda David -- None Available
Mendoza Rigoberto $202,000 Fidelity Title
Goldberg Henry $131,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Giana A $696,024
Previous Owner Mendoza Rigoberto $181,800
Previous Owner Goldberg Henry $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2024 05/27/24 Rented $5,500 0.0% --
05/21/2024 05/21/24 Price Changed $5,500 +12.2% $2 / Sq Ft
05/21/2024 05/21/24 Price Changed $4,900 -10.9% $2 / Sq Ft
05/14/2024 05/14/24 Price Changed $5,500 -6.8% $2 / Sq Ft
04/29/2024 04/29/24 For Rent $5,900 -1.7% --
11/28/2022 11/28/22 Rented $6,000 +36.4% --
11/21/2022 11/21/22 Under Contract -- -- --
10/20/2022 10/20/22 Price Changed $4,400 -8.3% $2 / Sq Ft
10/11/2022 10/11/22 For Rent $4,800 +20.0% --
03/23/2021 03/23/21 Rented $4,000 0.0% --
03/09/2021 03/09/21 For Rent $4,000 +166.7% --
08/30/2020 08/30/20 Rented $1,500 0.0% --
08/25/2020 08/25/20 Under Contract -- -- --
08/09/2020 08/09/20 Price Changed $1,500 -11.8% $4 / Sq Ft
07/11/2020 07/11/20 For Rent $1,700 +41.7% --
02/01/2018 02/01/18 Rented $1,200 0.0% --
01/31/2018 01/31/18 Under Contract -- -- --
01/23/2018 01/23/18 For Rent $1,200 0.0% --
12/03/2015 12/03/15 Sold $700,000 +0.1% $302 / Sq Ft View Prior Sale
10/26/2015 10/26/15 Pending -- -- --
10/14/2015 10/14/15 For Sale $699,500 -- $302 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $10,159 $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: 24-385581

The MLS

APN: 2226-031-011