NOT LISTED FOR SALE

7304 Balboa Blvd Unit E van Nuys, CA 91406

Estimated Value: $597,000 - $692,000

2 Beds
2.5 Baths
1,332 Sq Ft
$477/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $610,000 $458 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,382/month

13 Days on Market

Highlights

  • Updated Kitchen
  • Dual Staircase
  • Bonus Room
  • Open Floorplan
  • Modern Architecture
  • Community Pool

About This Home

As of October 2023

Be ready to fall in love with Unit E at 7304 Balboa Blvd, a hidden gem in desirable Lake Balboa that offers privacy and charm. This luminous two-bedroom, 2-1/2 baths end unit sits far from street noise and next to the peaceful rear yard, surrounded by greenery.

Step into a world of luxury as you explore the interior, which was given a stunning makeover in 2017. The kitchen is a chef's dream, boasting Ceasarstone counters, a farmhouse sink, and modern cabinetry including Lazy Susans and pullout drawers.

The primary bedroom offers class, comfort and no shared walls, with high beam ceilings, a spacious walk-in closet, and sliding doors leading to the private corner balcony. The en-suite bathroom, also fully remodeled, features a walk-in shower and heated floor. A Solar-tube skylight adds a touch of elegance.

The second bedroom is not to be overlooked, with its generous closets and its own private bath.

The home has many other features, including LED lighting, an electric fireplace, and heated floors throughout the main level.

Step outside to discover a safely fenced yard, to take your pet for a walk or enjoy the quiet green area.

Gated side-by-side parking for two cars connects to the private lower entry of the unit, where you will find plenty of storage space, the laundry area and a large bonus room with many potential uses.

The exterior has been completely revamped with new stucco and waterproofing, rebuilt balconies, and a recently recoated roof. Plans are underway to repaint the entry doors and refinish the courtyard deck to make this complex a great choice for those seeking a serene and pet-friendly environment.

Last Agent to Sell the Property

Ricardo Rodriguez

New Century Properties License #01370632 Listed on: 08/26/2023

Last Buyer's Agent

Grace Kim

JohnHart Real Estate License #01904662

JohnHart Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,425

Year Built

  • Built in 1982

Lot Details

  • 1 Common Wall
  • Block Wall Fence

HOA Fees

  • $398 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Modern Architecture
  • Entry on the 2nd floor
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,332 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Bar
  • Ceiling Fan
  • Electric Fireplace
  • Bonus Room
  • Storage
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38646
  • Assessor Parcel Number 2226030037
  • $186 per year additional tax assessments

Community Details

Overview

  • 22 Units
  • Balboa Woods Homeowners Association, Phone Number (888) 810-9533
  • Higher Ground Prop. Mgmt. HOA

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,425

Year Built

Built in 1982

Lot Details

0

HOA Fees

$398 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: all appliances including refrigirator, TV (top of fireplace), washer & dryer.
  • Other Phone Description: (818)992-1000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Zoning: LARD1.5
  • Architectural Style: Modern
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2226030037
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1332.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Ceiling Fan(s), Open Floorplan, Storage
  • Stories: 2
  • Entry Location: Balboa Blvd
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 2
  • Fireplace Features: Electric
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 457.96
  • Room Type: All Bedrooms Up, Bonus Room
  • Bathroom Features: Shower, Remodeled
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Features: Community
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 398.09
  • Association Fee Frequency: Monthly
  • Association Name: Balboa Woods Homeowners Association
  • Phone: (888) 810-9533
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Storm Drains, Street Lights
  • Association Management: Higher Ground Prop. Mgmt.

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 31630.00
  • Lot Size Acres: 0.7261

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31630.0000 Square Feet
  • Number Of Units In Community: 22
  • Number Of Units Total: 22

Tax Info

  • Tax Census Tract: 1321.02
  • Tax Lot: 1
  • Tax Tract Number: 38646
  • TaxOtherAnnualAssessmentAmount: 186.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2023
Closed on
Oct 3, 2023
Sold by
Mcdonald Colleen
Bought by
Nair Nipun and Walker Amy
Seller's Agent
Ricardo Rodriguez
New Century Properties
Buyer's Agent
Grace Kim
JohnHart Real Estate
List Price
$589,000
Sold Price
$610,000
Premium/Discount to List
$21,000
3.57%
Views
60
Current Estimated Value
$634,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,785
Avg. Annual Appreciation
2.07%
Original Mortgage
$115,000
Outstanding Balance
$112,739
Interest Rate
7.12%
Estimated Equity
$522,046

Purchase Details

Listed on
Sep 27, 2016
Closed on
Nov 15, 2016
Sold by
Jacquet Nicole Marie
Bought by
Mcdonald Colleen
Seller's Agent
Justin Bunch
No Firm Affiliation
Buyer's Agent
Arbi Abramian
No Firm Affiliation
List Price
$330,000
Sold Price
$331,000
Premium/Discount to List
$1,000
0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$200,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2005
Sold by
Winchell Brenda Jo and The Brenda Jo Winchell Living
Bought by
Winchell Brenda Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2005
Sold by
Rangel Joe and Rangel Laura
Bought by
Naltsas Nicole Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2003
Sold by
Kahn Joseph H and Kahn Phyllis M
Bought by
Rangel Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
6.37%
Source: Public Records

Range of Values:

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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
Nair Nipun $610,000 Pct
Mcdonald Colleen $331,000 Title 365
Winchell Brenda Jo -- Lawyers Title Ins
Naltsas Nicole Marie $392,000 Multiple
Rangel Joe $229,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nair Nipun $115,000
Open Nair Nipun $480,000
Previous Owner Mcdonald Colleen $200,000
Previous Owner Winchell Brenda Jo $110,000
Previous Owner Naltsas Nicole Marie $313,600
Previous Owner Rangel Joe $183,200
Closed Rangel Joe $45,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2023 10/24/23 Sold $610,000 +3.6% $458 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $589,000 +77.9% $442 / Sq Ft
11/21/2016 11/21/16 Sold $331,000 +0.3% $248 / Sq Ft View Prior Sale
10/10/2016 10/10/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $330,000 -- $248 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,425 $622,200 $407,592 $214,608
2024 $7,425 $610,000 $399,600 $210,400
2023 $4,536 $369,232 $196,217 $173,015
2022 $4,323 $361,993 $192,370 $169,623
2021 $4,264 $354,897 $188,599 $166,298
2020 $4,304 $351,259 $186,666 $164,593
2019 $4,134 $344,372 $183,006 $161,366
2018 $4,090 $337,620 $179,418 $158,202
2016 $4,128 $344,000 $263,000 $81,000
2015 $3,866 $322,000 $246,400 $75,600
2014 $3,696 $300,400 $229,900 $70,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23159761

California Regional Multiple Listing Service (CRMLS)

APN: 2226-030-037