7938 Ostrom Ave Van Nuys, CA 91406
Lake Balboa Neighborhood
3
Beds
2
Baths
1,551
Sq Ft
6,628
Sq Ft Lot
Highlights
- Private Pool
- Primary Bedroom Suite
- No HOA
- Valley Academy of Arts & Sciences Rated A-
- Bonus Room
- Neighborhood Views
About This Home
As of March 2025Nestled at the end of a peaceful cul-de-sac, this delightful 3-bedroom, 2-bathroom home offers over 1,500 sq. ft. of open living space designed for comfort and entertaining. The spacious galley kitchen, indoor laundry room, and formal dining room add convenience, while the inviting family room with a decorative fireplace sets the perfect cozy ambiance. Plus, a large bonus room provides additional flexibility for your lifestyle needs.
Step outside to a backyard oasis, where a HUGE sparkling pool awaits—perfect for soaking up the California sunshine! Recently re-plastered with new tile and updated systems, this pool is ready for endless summer fun.
The detached 2-car garage features an additional bonus room, offering incredible versatility—ideal for a home office, gym, man cave, she shed, pool house, or even transforming into a spacious ADU for rental income or multigenerational living.
This home is a canvas for your creativity—whether you envision a personal sanctuary or an investment opportunity, the possibilities are endless. Don’t miss out on making this Lake Balboa gem your dream home!
?? Schedule a showing today!
Last Agent to Sell the Property
Keller Williams Encino/Sherman Oaks Brokerage Phone: 805-297-0845 License #01997876 Listed on: 02/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,310
Year Built
- Built in 1954
Lot Details
- 6,628 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned LAR1
Parking
- 2 Car Garage
Interior Spaces
- 1,551 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Living Room
- Home Office
- Bonus Room
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom Suite
- 2 Full Bathrooms
Utilities
- Cooling Available
- Central Heating
Additional Features
- Private Pool
- Suburban Location
Community Details
- No Home Owners Association
- Valley
Listing and Financial Details
- Tax Lot 107
- Tax Tract Number 15923
- Assessor Parcel Number 2204017002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 5, 2024
Sold by
National Default Servicing Corporation
Bought by
Catamount Properties 2018 Llc
Purchase Details
Closed on
Apr 29, 2014
Sold by
Cantor Lee
Bought by
Cantor Lee and The Lee Cantor Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $681,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $544,185 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $469,342 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $105,550 | Unknown | |
| Previous Owner | $105,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Pending | -- | -- | -- |
| 06/18/2025 06/18/25 | For Sale | $1,099,000 | 0.0% | $602 / Sq Ft |
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 05/27/2025 05/27/25 | For Sale | $1,099,000 | +32.4% | $602 / Sq Ft |
| 03/25/2025 03/25/25 | Sold | $830,000 | +3.8% | $535 / Sq Ft |
| 03/06/2025 03/06/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | For Sale | $799,900 | -- | $516 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,310 | $337,747 | $175,438 | $162,309 |
| 2023 | $4,230 | $331,126 | $171,999 | $159,127 |
| 2022 | $4,038 | $324,634 | $168,627 | $156,007 |
| 2021 | $3,982 | $318,270 | $165,321 | $152,949 |
| 2019 | $3,865 | $308,831 | $160,418 | $148,413 |
| 2018 | $3,718 | $302,776 | $157,273 | $145,503 |
| 2016 | $3,538 | $291,020 | $151,167 | $139,853 |
| 2015 | $3,487 | $286,650 | $148,897 | $137,753 |
| 2014 | $3,504 | $281,036 | $145,981 | $135,055 |
Source: Public Records
Agents Affiliated with this Home
-
Tamara Tambe
Seller's Agent in 2025
Tamara Tambe
Pinnacle Estate Properties, Inc.
(818) 439-3602
10 in this area
101 Total Sales
-
Morgan Gomez
Seller's Agent in 2025
Morgan Gomez
Keller Williams Encino/Sherman Oaks
(818) 770-3663
5 in this area
105 Total Sales
-
Darren Shack
Seller Co-Listing Agent in 2025
Darren Shack
Pinnacle Estate Properties, Inc.
(818) 266-9599
11 in this area
89 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25042193
APN: 2204-017-002
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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