7642 Wish Ave Van Nuys, CA 91406
Lake Balboa NeighborhoodEstimated payment $4,809/month
Highlights
- Traditional Architecture
- Main Floor Bedroom
- No HOA
- Wood Flooring
- Lawn
- Slab Porch or Patio
About This Home
Charming Lake Balboa Home with ADU Potential. Set on a quiet, tree-lined street in the desirable Lake Balboa neighborhood, this 3-bedroom, 1-bath home offers comfort, charm, and exciting investment potential. Situated on an expansive nearly 8,000 sq. ft. lot, the property includes previously approved RTI plans for a detached 2-bedroom, 2-bath ADU/guest house—ideal for multi-generational living, rental income, or a private office retreat.
Inside, you’ll find timeless hardwood floors, dual-pane windows, central HVAC, and the convenience of an indoor laundry room. A spacious enclosed rear patio extends the living area, providing the perfect setting for entertaining, hobbies, or simply relaxing. The generous backyard is a true highlight featuring 2 car detached garage, a mature, fruit-bearing lemon tree, ample space for outdoor gatherings, and even room for a future pool. A detached two-car garage offers additional storage and is ready to be transformed into a 750 sq. ft. ADU with a quick re-approval of the prior plans. All this, with easy access to the 101 and 405 freeways, top shopping destinations, dining, schools, and public transit. Don’t miss this unique opportunity to own a home with endless potential in one of the Valley’s most sought-after neighborhoods!
Listing Agent
Oak Brook Realty Brokerage Phone: 818-212-9499 License #01781412 Listed on: 08/28/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,766
Year Built
- Built in 1950
Lot Details
- 7,960 Sq Ft Lot
- Block Wall Fence
- Level Lot
- Sprinkler System
- Lawn
- Front Yard
- Property is zoned LAR1
Parking
- 2 Car Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Driveway Level
Home Design
- Traditional Architecture
- Entry on the 1st floor
Interior Spaces
- 1,073 Sq Ft Home
- 1-Story Property
- Dining Room
- Wood Flooring
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
- Laminate Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- All Upper Level Bedrooms
- Remodeled Bathroom
- 1 Full Bathroom
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Dryer
Outdoor Features
- Slab Porch or Patio
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 62
- Tax Tract Number 13846
- Assessor Parcel Number 2203004030
- $277 per year additional tax assessments
Map
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 | $9,766 | $806,310 | $645,048 | $161,262 |
2024 | $9,766 | $790,500 | $632,400 | $158,100 |
2023 | $10,353 | $775,000 | $620,000 | $155,000 |
2022 | $908 | $61,168 | $28,850 | $32,318 |
2021 | $891 | $59,970 | $28,285 | $31,685 |
2019 | $867 | $58,194 | $27,447 | $30,747 |
2018 | $762 | $57,054 | $26,909 | $30,145 |
2016 | $713 | $54,840 | $25,865 | $28,975 |
2015 | $704 | $54,017 | $25,477 | $28,540 |
2014 | $716 | $52,959 | $24,978 | $27,981 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/28/2025 08/28/25 | For Sale | $749,999 | -3.2% | $699 / Sq Ft |
08/31/2022 08/31/22 | Sold | $775,000 | -3.1% | $722 / Sq Ft |
06/28/2022 06/28/22 | Pending | -- | -- | -- |
04/11/2022 04/11/22 | For Sale | $799,900 | -- | $745 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $775,000 | Lawyers Title | |
Gift Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $620,000 | New Conventional | |
Previous Owner | $45,000 | Credit Line Revolving | |
Previous Owner | $35,000 | Credit Line Revolving |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25193725

APN: 2203-004-030
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