$490,000
$10K PRICE INCREASE

7301 Balboa Blvd Unit 8 Van Nuys, CA 91406

Lake Balboa Neighborhood

Estimated payment $3,618/month

Total Views 63,285
2 Beds
2 Baths
964 Sq Ft
$508 Price per Sq Ft

Highlights

  • 0.83 Acre Lot
  • Wood Flooring
  • Community Pool
  • Mountain View
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

Welcome to 7301 Balboa Blvd Unit 8, a spacious and well-appointed, located in a desirable gated community in the heart of Van Nuys. This Condominiums of 2 bedrooms and 2 bathrooms across a thoughtfully designed floorplan, perfect for comfortable living and entertaining.

Step into the bright living room featuring high ceilings, a cozy fireplace, and sliding glass doors that open to a private patio—ideal for indoor-outdoor relaxation. The split-level layout includes a dedicated dining area and an updated kitchen with ample cabinetry, granite countertops, and stainless steel appliances.

Upstairs, the primary suite boasts vaulted ceilings, plenty of closet space
, and an en-suite bath Other highlights include in-unit laundry, with a a two-car garage, and central A/C and heating.

Community amenities include a sparkling pool and spa, guest parking, and beautifully maintained grounds. Conveniently located near shopping, restaurants, parks, and major freeways for an easy commute throughout the Valley.

Listing Agent

JESSE PINA

VISMAR REAL ESTATE Brokerage Phone: 626-488-9887 License #01722627 Listed on: 07/29/2025

VISMAR REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,710

Year Built

  • Built in 1981

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Turnkey
  • Asphalt Roof

Interior Spaces

  • 964 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Mountain Views
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms
  • Bathtub

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38047
  • Assessor Parcel Number 2227001039
  • $168 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Front Yard Maintenance
  • 20 Units
  • Terrace Balboa Condominium Association Inc Association, Phone Number (818) 778-3331
  • HOA Organizers Inc HOA
  • Mountainous Community

Amenities

  • Picnic Area

Recreation

  • Community Pool
  • Community Spa
  • Dog Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,710

Year Built

Built in 1981

Lot Details

0

HOA Fees

$575 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD1.5
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2227001039
  • Year Built: 1981
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 964.00 Square Feet
  • Stories: 2
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Accessibility Features: Parking
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 508.30
  • Room Type: Main Floor Bedroom
  • Bathroom Features: Bathtub

Exterior Features

  • View: Mountain(s)
  • Pool Features: Association
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Maintenance Front Yard
  • Association Fee: 575.00
  • Association Fee Frequency: Monthly
  • Association Name: Terrace Balboa Condominium Association Inc
  • Phone: 8187783331 Ext.5
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park, Mountainous, Street Lights
  • Association Management: HOA Organizers Inc

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 36046.00
  • Lot Size Acres: 0.8275

Multi Family

  • Lease Considered: No
  • Lot Size Area: 36046.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 1
  • Tax Tract Number: 38047
  • TaxOtherAnnualAssessmentAmount: 168.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,710 $386,093 $267,203 $118,890
2024 $4,710 $378,523 $261,964 $116,559
2023 $4,619 $371,102 $256,828 $114,274
2022 $4,404 $363,827 $251,793 $112,034
2021 $4,348 $356,694 $246,856 $109,838
2019 $4,218 $346,116 $239,535 $106,581
2018 $3,908 $316,000 $219,700 $96,300
2016 $3,316 $269,000 $187,000 $82,000
2015 $2,983 $241,000 $166,800 $74,200
2014 $2,739 $215,000 $148,800 $66,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $490,000 0.0% $508 / Sq Ft
07/28/2025 07/28/25 Price Changed $490,000 -- $508 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $277,000 Southland Title Corporation
Grant Deed $225,000 Fidelity National Title Co
Grant Deed $162,500 Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,395 New Conventional
Closed $264,000 Unknown
Closed $264,000 Fannie Mae Freddie Mac
Closed $221,600 New Conventional
Previous Owner $218,250 FHA
Previous Owner $130,000 No Value Available
Closed $32,500 No Value Available
Closed $41,550 No Value Available
Source: Public Records

About the Listing Agent

JESSE PINA

VISMAR REAL ESTATE

(747) 302-3866

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Thank you for visiting my profile! I feel that having the right real estate agent means having an agent who is committed to helping you buy or sell your home with the highest level of expertise in your local market. This also helps you understand each step of the buying or selling process. This commitment level has helped me build a remarkable track record of delivering results. My 19-year Experience as the Closer is One of many Incentives for using Me as your preferred Realtor besides finding

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25164801

California Regional Multiple Listing Service (CRMLS)

APN: 2227-001-039