7307 Forbes Ave, Van Nuys, CA 91406
OFF MARKET
Listed by Steve Neuman, Park Regency Realty, (818) 430-0096 . Bought with Pinnacle Estate Properties

$1,349,400

Trulia Estimate
  • 3 Beds
  • 4 Baths
  • 2,455 sqft (on 0.26 acres)

7307 Forbes Ave, Van Nuys, CA 91406

Lake Balboa
Est. Refi. Payment $8,512/mo*
Refinance Your Home
Currently Off Market - Sold Sep 17, 2025 for $1,350,000

Home Value

Trulia Estimate
$1.35M
Since last month
Increased$4K (+0.3%)
Since last year
Decreased$47K (-3.4%)
Since last sale
$500 (0%)
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 +111% in the last 10 years
MonthEstimated value
2026
September 2026$1.35M
August 2026$1.35M
July 2026$1.35M
June 2026$1.36M
May 2026$1.36M
March 2026$1.34M
February 2026$1.34M
January 2026$1.33M
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
16822 Valerio St, Van Nuys, CA
0.09
Single-Family Home
$1,290,000
12/23/25
4
3
2,400
7225 Forbes Ave, Van Nuys, CA
0.09
Single-Family Home
$1,250,000
10/06/25
3
2
2,320
7229 De Celis Pl, Van Nuys, CA
0.26
Single-Family Home
$1,043,463
07/14/26
4
3
1,649
17048 Sherman Way, Van Nuys, CA
0.38
Single-Family Home
$1,125,000
10/29/25
4
3
2,162
7514 Paso Robles Ave, Van Nuys, CA
0.30
Single-Family Home
$960,000
12/26/25
4
3
2,260
17065 Cantlay St, Van Nuys, CA
0.36
Single-Family Home
$1,380,000
03/23/26
4
3
2,601
17064 Cantlay St, Van Nuys, CA
0.36
Single-Family Home
$1,275,000
05/29/26
4
3
2,832
7465 Whitaker Ave, Van Nuys, CA
0.23
Single-Family Home
$930,000
10/03/25
3
2
1,635

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
7327 Whitaker Ave, Lake Balboa, CA 91406
0.07
$1,313,200
3
2.5
2,652
Off Market
7225 Forbes Ave, Van Nuys, CA 91406
0.09
$1,447,000
3
2
2,320
Off Market
7306 Balboa Blvd #B, Van Nuys, CA 91406
0.06
$642,400
2
2.5
1,349
Off Market
7300 Balboa Blvd #A, Los angeles, CA 91406
0.07
$608,800
2
2.5
1,275
Off Market
7304 Balboa Blvd #E, Van Nuys, CA 91406
0.07
$587,800
2
2.5
1,332
Off Market
7310 Balboa Blvd, Van Nuys, CA 91406
0.07
$675,600
2
3
1,349
Off Market
7320 Balboa Blvd #123, Van Nuys, CA 91406
0.07
$591,300
2
3
1,170
Off Market
7320 Balboa Blvd #205, Van Nuys, CA 91406
0.07
$475,000
2
2
894
For Sale
7320 Balboa Blvd #102, Van Nuys, CA 91406
0.09
$442,500
2
2
916
Recently Sold
16750 Valerio St, Van Nuys, CA 91406
0.10
$1,025,000
3
2
1,980
For Sale
16822 Valerio St, Van Nuys, CA 91406
0.09
$1,290,000
4
3
2,400
Recently Sold

Local Information

  • Map ViewExplore the area around 7307 Forbes Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1947
0.26 acre lot
2,455 sqft
$550/sqft
2 Car Garage

About this House

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.
7307 Forbes Ave, Van Nuys, CA 91406 is a 3 bedroom, 4 bathroom, 2,455 sqft single-family home in Lake Balboa, built in 1947. It last sold for $1,350,000 on Sep 17, 2025 (4% below the $1,399,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,349,400, with a rent estimate of $5,641/month.

Home Details for 7307 Forbes Ave

Interior Features

Interior Details
Number of Rooms: 11Types of Rooms: Bedroom, Bathroom, Entry Foyer, Family Room, Kitchen, Laundry, Living Room, Other, Pantry
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 4Number of Bathrooms (main level): 4
Dimensions and Layout
Living Area: 2455 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: 6 Burner Stove, Dishwasher, Electric Water Heater, Disposal, Gas Oven, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water To RefrigeratorDishwasherDisposalLaundry: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,InsideMicrowave
Heating & Cooling
Heating: Central,Forced Air,Natural GasHas CoolingAir Conditioning: Central Air,GasHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: Family Room, Gas Starter, Living Room, Wood BurningSpa: NoneHas a FireplaceNo Spa
Gas & Electric
Electric: Electricity - On Property, Standard
Windows, Doors, Floors & Walls
Window: Double Pane Windows, Low-Emissivity Windows, ScreensDoor: Mirrored Closet Door(s), Panel Doors, Sliding DoorsFlooring: Tile, VinylCommon Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: Ground level with stepsFloors: Tile, Vinyl
View
No ViewView: None
Security
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Composition ShinglePatio / Porch: Front Porch, TileFencing: Vinyl, Wrought IronFoundation: RaisedNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Circular Driveway,Direct Access,Electric Vehicle Charging Station(s),Garage,Garage Door Opener,Gated
Pool
Pool: None
Frontage
Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 14

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Modern
Building
Construction Materials: Drywall, Ducts Professionally Air-Sealed, Plaster, Stucco, Copper PlumbingNot a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: Additions/Alterations, Updated/Remodeled, TurnkeyParcel Number: 2226030025

Price & Status

Price
List Price: $1,399,000
Status Change & Dates
Off Market Date: Wed Aug 06 2025Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: Lake Balboa
School Information
High School District: Los Angeles Unified

Community

Community Features: Curbs, Street LightsNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 0.26 acres

Listing Info

Special Conditions: Standard

Offer

Contingencies: None.Listing Terms: Cash, Cash to New Loan, Conventional

Miscellaneous

Mls Number: SR25165225Living Area Range Units: Square FeetAttribution Contact: 818-430-0096Common Interest: NoneUniversal Property Id: US-06037-N-2226030025-R-N

Additional Information

CurbsStreet Lights

Price and Tax history

DateEventPrice
Sep 17, 2025
Source: CRMLS #SR25165225
Sold
$1,350,000
Aug 26, 2025
Source: CRMLS #SR25165225
Pending
$1,399,000
Aug 10, 2025
Source: CRMLS #SR25165225
Contingent
$1,399,000
Jul 23, 2025
Source: CRMLS #SR25165225
Listed For Sale
$1,399,000
Jul 23, 2025
Source: SDMLS #SR25105842
ListingRemoved
$1,399,999

Market trends in Los Angeles

Last updated August 2026
Buyer'sMarketSeller'sMarket
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

Neighborhood Overview

Lake Balboa
See Local Highlights
Neighborhood stats provided by third party data sources.

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.
  • Kevin Motta
    "There’s is a dog park for small and large dogs. There’s a pets stores close by. Also there are many parks arounds with pathways for waking with your dog."
    2
    Flag
  • Trulia User
    "I enjoy seeing looking up into the sky & seeing military planes fly in formation on the weekends, & I enjoy seeing owls at night."
    1
    Flag
  • Trulia User
    "Summer movie night at the park and walks around the block to admire the different homes, as well as listening to the neighborhood garage band play on Friday nights. "
    0
    Flag
  • Trulia User
    "Commute is good, not bad, there’s is no much traffic here, only when you get into the freeway but driving around the neighborhood it’s great."
    0
    Flag
  • Trulia User
    "about safety and the ways to prevent harmful events from occuring that involve their children. safety first."
    0
    Flag
  • Trulia User
    "My commute to Castaic is about 25 minutes, leaving at 0600 - going back at 1600 is about 30 minutes."
    0
    Flag
  • Trulia User
    "Most neighbors do pick up after their dogs but some don’t specially the ones with big dogs so if anyone is considering moving into this neighborhood please be the kind that does abid by the rules "
    1
    Flag
  • Trulia User
    "There is a sense of community. We have lived here three years now and people are friendly and there are several schools near by. "
    5
    Flag
  • Trulia User
    "My commute is an average of about 30 min to city center with no traffic, can double during rush hour "
    0
    Flag
  • Trulia User
    "Close to 405 freeway, takes me 30-45 minutes to get to West Los Angeles with traffic in the morning. On weekends, traffic is not that bad so it takes only 15-20 minutes to get to West LA. "
    0
    Flag
  • Trulia User
    "Many options available. There is metro line, car pool share parking lot & busses. Also, the freeway is close by. I enjoy living here. The park has many activities including a lake, fishing, bikes, & waterfall. There are trails, tennis, & archery, too. "
    0
    Flag
  • Dalas
    "Pretty safe and clean when I used to be in college I didn’t have any problems with public transportation except for a few trouble makers but never had an encounter myself. "
    0
    Flag
  • Arik S.
    "It’s good and everything is nice and dandy and I’m excited for the future of man kind here and idk why I have to fill this out "
    1
    Flag
  • Deron B.
    "There are a lot of families in the neighborhood, children playing dogs being walked, people going for a stroll or an evening walk. It can be a beautiful community. "
    1
    Flag
  • Mishey P.
    "I been living here for over 15 and I love it, is safe and beautiful and everything is near by and schools and my job "
    11
    Flag
  • Jaclyn M.
    "I’ve lived here for three years and we have gotten to know many great people in the neighborhood! There are a lot of young new families that have moved in as well, and we have created a community feeling here. We have really enjoyed it. "
    6
    Flag
  • Nikolas P.
    "People don’t clean up after their dogs and some people let their dogs off leash which can cause some issues. "
    1
    Flag
  • Ladyofthelake
    "Way too many homeless people now. It used to be nice but homeless have invaded. There are beautiful homes in the neighborhoods but the vagrants like to wonder the nice quiet streets to vandalize cars and steal packages. "
    1
    Flag
  • Ashley M.
    "Horrible public transportation. If you miss the bus, the next one come 15-20 min later. I lived 10 min from my job (by car), it would take me an hour and a half because of the bus schedule "
    0
    Flag
  • Jerome P.
    "Parks are nearby and it’s easy to walk your dogs. The neighborhood makes it easy to easily walk your animals. "
    0
    Flag
  • Lee S.
    "It’s a lovely family community with great parks, but the public schools are not very good — especially the middle schools."
    0
    Flag
  • G B.
    "Good access to public transportation. I ride the Commuter Express to work now and I'm loving not having to drive to work "
    0
    Flag
  • Tubonism
    "People are friendly lots of dog people good neighbors only prob for me is the traffic at times but for most of the time it’s okay "
    10
    Flag
  • Marcellalessandra
    "I live here for 25 years and counting Love this area I am planning to retire here as well Lovely area"
    8
    Flag
  • Camille111462
    "We live close to a beautiful lake and park. public transportation is readily available. Birmingham High is a great option for kids."
    2
    Flag
  • Marcellalessandra
    "Nice Neighbors Community Look for each other Neighborhood watch Pet friendly Dog parks Balboa Park "
    3
    Flag
  • angrytenat
    "THERE ARE COCKROACHES EVERYWHERE! do not move into any Anza owned property. I have been dealing with roaches for months now and they havent done anything or compensated for nights and days we couldnt work"
    2
    Flag
  • Alison M.
    "There are Lots of dogs being walked and access to Good local vets and emergency vets. There aren’t very many dog parks or groomers."
    0
    Flag
  • Balboa Sucks
    "The area is horrible. The people are ghetto. Trash, roaches, silverfish everywhere. The area is changing and not for the better. "
    3
    Flag
  • Amanda P.
    "Nothing special here. There’s a park nearby, but it’s just a regular park. This area is also a bit of a food desert. I’m moving when my lease is up."
    1
    Flag
  • Wendy Yost
    "It's a great pocket of the San Fernando Valley. Adjacent to the 101 and 405, yet surrounded by parks, Golf Courses and recreation areas."
    7
    Flag
  • Sol M.
    "It’s close to Lake Balboa , huge park 2 minutes away from here and the orange line that’s also about a minute away from my neighborhood "
    4
    Flag
  • Michelle H.
    "People always walk their dogs on leashes and the dogs are friendly. If the dogs are anxious the owners are kind enough to steer them away."
    0
    Flag
  • Omarrealestate
    "Safe streets, clean side walks, good transportation system, good schools, and low crime rates. Low prices."
    0
    Flag
  • Lorenarlj23
    "Farmers market on Sunday is a quick, easy, fun, and family oriented activity for us to take part in every Sunday. It’s close enough where we can walk too. "
    0
    Flag
  • Epadilla124
    "Lake Balboa is a great neighborhood where my kids can play outside. we also have one of the most beautiful parks in Los Angeles! "
    0
    Flag

LGBTQ Local Legal Protections

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. as of 2026-09-15 23:23:24 PDT 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

Frequently asked questions about 7307 Forbes Ave

  • What is 7307 Forbes Ave estimated to be worth?
    Trulia's estimated value for 7307 Forbes Ave in Van Nuys, CA is $1,349,400.
  • What is the price history for 7307 Forbes Ave?
    7307 Forbes Ave in Van Nuys, CA last sold for $1,350,000 in September 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 7307 Forbes Ave have air conditioning?
    Yes, 7307 Forbes Ave in Van Nuys, CA has air conditioning.
  • Does 7307 Forbes Ave have laundry facilities?
    Yes, 7307 Forbes Ave in Van Nuys, CA has laundry facilities.

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