$1,447,000
- 3 Beds
- 2 Baths
- 2,320 sqft (on 0.54 acres)
7225 Forbes Ave, Van Nuys, CA 91406
Est. Refi. Payment $9,168/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 6, 2025 for $1,250,000
Home Value
Trulia Estimate
$1.45MSince last month
Increased$29K (+2.1%)Since last year
Increased$57K (+4.2%)Since last sale
Increased$174K (+13.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +101% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.42M |
| August 2026 | $1.42M |
| July 2026 | $1.39M |
| June 2026 | $1.39M |
| May 2026 | $1.41M |
| April 2026 | $1.4M |
| March 2026 | $1.36M |
| February 2026 | $1.36M |
| January 2026 | $1.35M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $1,290,000 | 12/23/25 | 4 | 3 | 2,400 | |
0.25 | Single-Family Home | $932,478 | 02/18/26 | 3 | 2 | 1,793 | |
0.26 | Single-Family Home | $1,043,463 | 07/14/26 | 4 | 3 | 1,649 | |
0.62 | Single-Family Home | $1,304,850 | 06/02/26 | 4 | 2 | 1,946 | |
0.24 | Single-Family Home | $940,000 | 11/07/25 | 3 | 2 | 1,383 | |
0.34 | Single-Family Home | $1,125,000 | 10/29/25 | 4 | 3 | 2,162 | |
0.32 | Single-Family Home | $930,000 | 10/03/25 | 3 | 2 | 1,635 | |
0.24 | Single-Family Home | $765,000 | 03/02/26 | 4 | 2 | 1,887 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.12 | $3,250,500 | 22 | 14 | 11,326 | Off Market | |
0.09 | $1,349,400 | 3 | 4 | 2,455 | Off Market | |
0.10 | $608,800 | 2 | 2.5 | 1,275 | Off Market | |
0.10 | $587,800 | 2 | 2.5 | 1,332 | Off Market | |
0.10 | $675,600 | 2 | 3 | 1,349 | Off Market | |
0.10 | $642,400 | 2 | 2.5 | 1,349 | Off Market | |
0.14 | $1,319,200 | 3 | 2.5 | 2,652 | Off Market | |
0.13 | $1,099,000 | 4 | 3 | 2,525 | For Sale | |
0.13 | $591,300 | 2 | 3 | 1,170 | Off Market | |
0.13 | $475,000 | 2 | 2 | 894 | For Sale | |
0.13 | $442,500 | 2 | 2 | 916 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1947
0.54 acre lot
2,320 sqft
$624/sqft
Garage
About this House
Over Half an Acre in Lake Balboa: Car Lovers, Creatives, Gardeners, and Dreamers are Welcome! You'll fall in love with this private oasis in peaceful Lake Balboa! Set on a rare 23,370 sq ft lot, this gated compound offers exceptional privacy and endless possibilities. The 3-bedroom, 2-bath home is anchored by a spacious great room with vaulted ceilings and skylights, filling the living and dining areas with natural light and warmth. While very livable, the home could benefit from some updating -- a wonderful opportunity to add value and make it your own. A true highlight is the detached 3-car garage connected to an oversized bonus space. Perfect for car aficionados, hobbyists, or creatives, it provides incredible space for a workshop, studio, or the build-out of a guesthouse or ADU -- ideal for multigenerational living or storage. Outdoors, the property continues to impress with a sparkling 14' x 40' pool, an incredible amount of succulents, native plants, trees, and generous gated parking for several vehicles and plenty of play spaces. This rare Lake Balboa gem offers the space, flexibility, and lifestyle you've been waiting for, whether your dream is to restore, expand, or create your own private compound. Property sold AS-IS. Bring your vision. Bring your entire family.
7225 Forbes Ave, Van Nuys, CA 91406 is a 3 bedroom, 2 bathroom, 2,320 sqft single-family home in Lake Balboa, built in 1947. It last sold for $1,250,000 on Oct 6, 2025 (7% below the $1,349,000 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $4,500 per month. That rental listing was removed on March 10, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,447,000, with a rent estimate of $5,939/month.
Last check for updates: about 7 hours ago
Listed by Allison Gold DRE # 01865934, (323) 855-4692
Compass, (310) 230-5478
Ari Afshar DRE # 01753779, (310) 738-5180
Compass, (310) 230-5478
Bought with: Matthew Roton DRE # 01890855, Shawbrook Capital Inc., (310) 363-2551
Source: CLAW, MLS#25583921

Home Details for 7225 Forbes Ave
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2320 Square Feet |
Appliances & Utilities Appliances: Microwave, Range/Oven, Dishwasher, Disposal, RefrigeratorDishwasherDisposalLaundry: Laundry Room,Electric Dryer HookupMicrowaveRefrigerator |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: Gas, Living RoomSpa: In GroundHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood, Tile |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Hardwood, Tile |
View Has a ViewView: Trees/Woods, Pool |
Security Security: Gated, Automatic Gate |
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Exterior Home Features Roof: Composition ShinglePatio / Porch: Awning(s)Fencing: Stucco WallOther Structures: None |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 3No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 6Parking: Private,Garage - 3 Car,Oversized,Detached,Concrete |
Pool Pool: In Ground, FencedPool |
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Year Built Year Built: 1947 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceStructure Type: DetachedArchitecture: Ranch |
Building Not Attached Property |
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Price List Price: $1,349,000 |
Status Change & Dates Off Market Date: Fri Sep 12 2025 |
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MLS Status: Sold |
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Direction & Address City: Lake Balboa |
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Building Area Building Area: 2320 Square Feet |
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No HOA |
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Lot Area: 0.54 acres |
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Special Conditions: Standard |
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Mls Number: 25583921Water View |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 10, 2026 Source: Zillow Rentals | ListingRemoved | $3,990 |
Feb 6, 2026 Source: Zillow Rentals | PriceChange | $3,990 Price decreased by 11% |
Jan 14, 2026 Source: Zillow Rentals | Listed For Rent | $4,500 |
Jan 14, 2026 Source: CRMLS #SR25251570 | ListingRemoved | $4,500 |
Dec 12, 2025 Source: CRMLS #SR25251570 | PriceChange | $4,500 Price decreased by 6% |
Dec 8, 2025 Source: CRMLS #SR25251570 | PriceChange | $4,800 Price decreased by 6% |
Nov 18, 2025 Source: CRMLS #SR25251570 | PriceChange | $5,100 Price decreased by 2% |
Nov 3, 2025 Source: CRMLS #SR25251570 | Listed For Rent | $5,200 |
Oct 6, 2025 Source: CLAW #25583921 | Sold | $1,250,000 |
Sep 15, 2025 Source: CLAW #25583921 | Contingent | $1,349,000 |
Aug 27, 2025 Source: CLAW #25583921 | Listed For Sale | $1,349,000 |
Oct 8, 2015 Source: N/A | Sold | $655,000 |
Sep 9, 2015 Source: Agent Provided | Pending | $699,000 |
Jul 5, 2015 Source: Agent Provided | PendingToActive | $699,000 |
Jul 3, 2015 Source: Agent Provided | Pending | $699,000 |
Jun 19, 2015 Source: Agent Provided | PriceChange | $699,000 Price decreased by 4% |
Jun 12, 2015 Source: Agent Provided | PriceChange | $729,900 Price decreased by 13% |
May 21, 2015 Source: Agent Provided | Listed For Sale | $839,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $1,250,000 |
Home facts updated by county records
Market trends in Los Angeles
Last updated August 2026
Avg. sale price
$1.03M
$7.08KMoM
Sale-to-List Price
99.9%
0.1%MoM
Price per sq ft
$638
$0MoM
Available listings
8438
32MoM
Around this home
What Locals Say about Lake Balboa
At least 300 Trulia users voted on each feature.
86 % Say it's dog friendly
80 % Say there are sidewalks
77 % Say car is needed
68 % Say yards are well-kept
66 % 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
51 % 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

ยฉ 2026 The MLSโข - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLSโข - Combined L.A. Westside MLS (CLAW as of 2026-09-18 00:45:46 PDT. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
Some IDX listings have been excluded from this website.
Frequently asked questions about 7225 Forbes Ave
- What is 7225 Forbes Ave estimated to be worth?Trulia's estimated value for 7225 Forbes Ave in Van Nuys, CA is $1,447,000.
- What is the price history for 7225 Forbes Ave?7225 Forbes Ave in Van Nuys, CA last sold for $1,250,000 in October 2025.
- Is Van Nuys a buyer's or seller's market?Van Nuys is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Van Nuys?The median sale price in Van Nuys is $1.03M. That is down $7.08K from the prior month.
- Does 7225 Forbes Ave have air conditioning?Yes, 7225 Forbes Ave in Van Nuys, CA has air conditioning.
- Does 7225 Forbes Ave have a pool?Yes, 7225 Forbes Ave in Van Nuys, CA has a pool.

