7002 Forbes Ave
Van Nuys, CA 91406
Lake Balboa- 3 Beds
- 2 Baths
- 1,377 sqft
3 Beds
2 Baths
1,377 sqft
Local Information
-- mins to
Description
Welcome to this updated 3-bedroom, 2 bath home that sits on a quiet, tree-lined street in the heart of Lake Balboa. The single-story floorplan begins in the living room, with a wall of windows letting in plenty of natural light to illuminate the gorgeous wood floors, fireplace and neutral painted walls. The large kitchen carries on the cheerful atmosphere with white cabinets and lots of countertops. The laundry room is located off the kitchen. Wood floors continue down the hall and into the three large bedrooms. The primary bedroom includes an en-suite bathroom. Both bathrooms have recently been remodeled with high quality finishes. All of this, plus a charming, low maintenance backyard. The home is conveniently located near shopping, parks and close proximity to the 101 and 405 Freeways.
Tenant pays utilities, owner pays for gardener
Tenant pays utilities, owner pays for gardener
7002 Forbes Ave, Van Nuys, CA 91406 is a 3 bedroom, 2 bathroom, 1,377 sqft single-family home in Lake Balboa. It last sold for $855,000 on Oct 25, 2021 (18,900% above the $4,500 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $4,250 per month. That rental listing was removed on April 3, 2026. It is currently off market. The Trulia Estimate is $944,300, with a rent estimate of $3,808/month.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Cooling only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 7002 Forbes Ave
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 1 Year |
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Appliances & Utilities DryerRefrigeratorWasher |
Heating & Cooling Air ConditioningCooling System: Central Air |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Parking & Garage Parking: Detached, On Site |
Price History for 7002 Forbes Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/03/2026 | $3,995 | ListingRemoved | CRMLS #SR26020113 |
| 03/26/2026 | $3,995 | PriceChange | CRMLS #SR26020113 |
| 02/27/2026 | $4,050 | PriceChange | CRMLS #SR26020113 |
| 01/28/2026 | $4,250 | Listed For Rent | CRMLS #SR26020113 |
| 01/22/2026 | $4,500 | ListingRemoved | Zillow Rentals |
| 12/09/2025 | $4,500 | Listed For Rent | CRMLS #SR25273293 |
| 04/16/2024 | ListingRemoved | CRMLS #SR24051474 | |
| 03/15/2024 | $4,400 | Listed For Rent | CRMLS #SR24051474 |
| 01/12/2022 | ListingRemoved | Zillow Rental Manager | |
| 01/06/2022 | $3,950 | Listed For Rent | Zillow Rental Manager |
| 10/25/2021 | $855,000 | Sold | N/A |
| 09/24/2021 | $795,000 | Pending | CRMLS #SR21198392 |
| 09/21/2021 | $795,000 | PendingToActive | CRMLS #SR21198392 |
| 09/16/2021 | $795,000 | Pending | CRMLS #SR21198392 |
| 09/08/2021 | $795,000 | Listed For Sale | CRMLS #SR21198392 |
| 12/22/2017 | $564,000 | Sold | N/A |
| 11/16/2017 | $559,000 | Pending | Agent Provided |
| 11/10/2017 | $559,000 | Listed For Sale | Agent Provided |
| 02/08/2013 | $2,200 | ListingRemoved | Agent Provided |
| 01/22/2013 | $2,200 | PriceChange | Agent Provided |
| 01/12/2013 | $2,300 | Listed For Rent | Agent Provided |
Market trends in Los Angeles
Last updated May 2026
Avg. sale price
$1M
$24.42KMoM
Sale-to-List Price
99.6%
0.5%MoM
Price per sq ft
$638
$6MoM
Available listings
8306
253MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $11,106 |
| Assessment | $907,331 |
Home facts updated by county records
Comparable Sales for 7002 Forbes Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $880,000 | 12/16/25 | 3 | 2 | 1,542 | |
0.16 | Single-Family Home | $890,000 | 10/08/25 | 3 | 2 | 1,787 | |
0.21 | Single-Family Home | $899,000 | 04/23/26 | 3 | 2 | 1,562 | |
0.16 | Single-Family Home | $932,478 | 02/18/26 | 3 | 2 | 1,793 | |
0.26 | Single-Family Home | $940,000 | 11/07/25 | 3 | 2 | 1,383 | |
0.09 | Single-Family Home | $765,000 | 03/02/26 | 4 | 2 | 1,887 | |
0.18 | Single-Family Home | $760,000 | 10/06/25 | 3 | 3 | 1,671 | |
0.36 | Single-Family Home | $968,000 | 01/09/26 | 3 | 2 | 1,418 | |
0.38 | Single-Family Home | $800,000 | 07/07/26 | 3 | 2 | 1,226 | |
0.36 | Single-Family Home | $920,000 | 06/24/26 | 4 | 2 | 1,507 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 7002 Forbes Ave.
What Locals Say about Lake Balboa
At least 299 Trulia users voted on each feature.
85 % Say it's dog friendly
80 % Say there are sidewalks
77 % Say car is needed
68 % Say yards are well-kept
65 % Say there's holiday spirit
59 % Say it's walkable to restaurants
59 % Say it's walkable to grocery stores
58 % Say parking is easy
55 % Say it's quiet
50 % Say streets are well-lit
49 % Say people would walk alone at night
46 % Say they plan to stay for at least 5 years
43 % Say neighbors are friendly
43 % Say kids play outside
33 % Say there's wildlife
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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