7307 Forbes Ave Lake Balboa, CA 91406
Lake Balboa NeighborhoodEstimated payment $8,000/month
Total Views
98,513
3
Beds
4
Baths
2,455
Sq Ft
$570
Price per Sq Ft
Highlights
- Gated Parking
- Open Floorplan
- Quartz Countertops
- Updated Kitchen
- Modern Architecture
- Private Yard
About This Home
****THIS PROPERTY QUALIFIES FOR A SPECIAL LOAN PROGRAM UNDER 6% INTEREST!**** Welcome to this extensively remodeled modern home in the heart of Lake Balboa, offering 2,455 sq ft of stylish living space on an expansive 11,250 sq ft lot. Thoughtfully redesigned with a contemporary open-concept floor plan. The home is filled with natural light through out... all-new California Deluxe Low-E windows / sliding glass doors. The stunning kitchen boasts an impressive eat-in center island, tons of cabinet storage, new stainless steel appliances...Janska 36 inch gas oven with matching range hood, Samsung fridge with water dispenser, Samsung built-in oven with built-in microwave. Adjacent to the kitchen is a large walk-in pantry with shelves and cabinets for storage. The family room has tall arched ceilings for a spacious & airy feel, a dramatic 12-foot sliding glass door, A “bar area” with a built-in wine cooler. This home features two in-suite bathrooms, one of them being the primary with tall arched ceilings, a spacious walk-in closet with plenty of storage, a huge walking shower and a soak-in tub. Additional upgrades include a freshly tiled fireplace in the family room & living room, brand-new bathrooms, new baseboards, new matte black doors, new door jambs, door casings, new matte black door hardware & all-new recessed lighting throughout the entire home. Additional features include: All-new electrical (complete re-wire), new sub panel, new Navien 199 BTU tankless water heater, copper plumbing, newer comp shingle roof (2023) new attic insulation, newer HVAC (2023), new ducting, new NEST thermostat and paid off newer solar (2023). You’ll also find a fully drywalled/finished garage with recessed lighting, new garage door with new automatic opener. Enjoy ultimate privacy with new 6-foot vinyl side fencing and 8-foot rear fencing, plenty of room for expansion or a pool, plus a convenient half-circle driveway for easy access and ample parking. The house has a freshly painted interior and exterior with matte black accents throughout. The lush landscaping is supported by a brand-new sprinkler system, creating a beautiful and functional outdoor space. Located within walking distance of In-N-Out Burger and just minutes from freeway access, this turnkey home blends modern design with everyday convenience.
Listing Agent
Park Regency Realty Brokerage Phone: 818-430-0096 License #00992077 Listed on: 07/23/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,704
Year Built
- Built in 1947 | Remodeled
Lot Details
- 0.26 Acre Lot
- Wrought Iron Fence
- Vinyl Fence
- Landscaped
- Rectangular Lot
- Level Lot
- Front and Back Yard Sprinklers
- Private Yard
- Lawn
- Property is zoned LAR1
Parking
- 2 Car Direct Access Garage
- Electric Vehicle Home Charger
- Parking Available
- Garage Door Opener
- Circular Driveway
- Gated Parking
Home Design
- Modern Architecture
- Turnkey
- Additions or Alterations
- Raised Foundation
- Fire Rated Drywall
- Shingle Roof
- Composition Roof
- Copper Plumbing
- Plaster
- Stucco
Interior Spaces
- 2,455 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Double Pane Windows
- Low Emissivity Windows
- Window Screens
- Sliding Doors
- Panel Doors
- Formal Entry
- Family Room with Fireplace
- Living Room with Fireplace
Kitchen
- Updated Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Oven
- Six Burner Stove
- Range Hood
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Self-Closing Drawers and Cabinet Doors
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- Mirrored Closets Doors
- Remodeled Bathroom
- 4 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Low Flow Toliet
- Bathtub with Shower
- Walk-in Shower
- Low Flow Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
- Exterior Lighting
- Front Porch
Utilities
- Cooling System Powered By Gas
- Ducts Professionally Air-Sealed
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 9155
- Assessor Parcel Number 2226030025
- $391 per year additional tax assessments
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,704 | $832,000 | $499,000 | $333,000 |
| 2024 | $4,704 | $366,563 | $127,124 | $239,439 |
| 2023 | $4,617 | $359,377 | $124,632 | $234,745 |
| 2022 | $4,409 | $352,332 | $122,189 | $230,143 |
| 2021 | $4,342 | $345,425 | $119,794 | $225,631 |
| 2019 | $4,215 | $335,182 | $116,242 | $218,940 |
| 2018 | $4,118 | $328,611 | $113,963 | $214,648 |
| 2016 | $3,912 | $315,853 | $109,539 | $206,314 |
| 2015 | $3,856 | $311,109 | $107,894 | $203,215 |
| 2014 | $3,876 | $305,016 | $105,781 | $199,235 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Pending | -- | -- | -- |
| 07/23/2025 07/23/25 | For Sale | $1,399,000 | -- | $570 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $665,000 | Chicago Title Company | |
| Grant Deed | $665,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Grant Deed | $220,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $773,500 | Construction | |
| Closed | $773,500 | Construction | |
| Previous Owner | $310,000 | New Conventional | |
| Previous Owner | $57,889 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $230,000 | Unknown | |
| Previous Owner | $183,700 | No Value Available | |
| Previous Owner | $198,000 | No Value Available |
Source: Public Records
About the Listing Agent
With over 1,300 transactions since beginning his career in 1986, Steve Neuman is a top-producing Realtor® with unmatched expertise in both traditional and investment real estate. Based in Los Angeles, Steve has been a loyal associate at Park Regency Realty for more than 30 years, proudly serving clients across Los Angeles and Ventura Counties. His specialties include personal home flipping, REO asset management, and representing buyers, sellers, and institutional clients with a strategic,
Steve's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25165225
APN: 2226-030-024
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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