Listed by Steve Neuman, Park Regency Realty, (818) 363-6116 . Bought with Pinnacle Estate Properties
7307 Forbes Ave
Van Nuys, CA 91406
Lake Balboa- 3 Beds
- 4 Baths
- 2,455 sqft (on 0.26 acres)
3 Beds
4 Baths
2,455 sqft
(on 0.26 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1947
Lot Size
0.26 acres
Living Area
2,455 sqft
Price/Sqft
$549
Parking
2 Car Garage
HOA
None
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). It is currently off market. The Trulia Estimate is $1,348,300, with a rent estimate of $5,755/month.
Home Details for 7307 Forbes Ave
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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) |
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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 |
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Cumulative Days on Market: 14 |
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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 |
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Price List Price: $1,399,000 |
Status Change & Dates Off Market Date: Wed Aug 06 2025Possession Timing: Negotiable |
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MLS Status: Closed |
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Direction & Address City: Lake Balboa |
School Information High School District: Los Angeles Unified |
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Community Features: Curbs, Street LightsNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 0.26 acres |
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Special Conditions: Standard |
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Contingencies: None.Listing Terms: Cash, Cash to New Loan, Conventional |
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Mls Number: SR25165225Living Area Range Units: Square FeetAttribution Contact: 818-430-0096Common Interest: NoneUniversal Property Id: US-06037-N-2226030025-R-N |
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CurbsStreet Lights |
Last check for updates: about 2 hours ago
Listed by Steve Neuman DRE #00992077, (818) 430-0096
Park Regency Realty
Bought with: Anna Elikuchukyan DRE #01463027, Pinnacle Estate Properties
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SR25165225

Price History for 7307 Forbes Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 09/17/2025 | $1,350,000 | Sold | CRMLS #SR25165225 |
| 08/26/2025 | $1,399,000 | Pending | CRMLS #SR25165225 |
| 08/10/2025 | $1,399,000 | Contingent | CRMLS #SR25165225 |
| 07/23/2025 | $1,399,000 | Listed For Sale | CRMLS #SR25165225 |
| 07/23/2025 | $1,399,999 | ListingRemoved | SDMLS #SR25105842 |
| 06/30/2025 | $1,399,999 | Listed For Sale | SDMLS #SR25105842 |
| 12/20/2024 | $665,000 | Sold | N/A |
| 06/09/1994 | $220,000 | Sold | N/A |
Market trends in Los Angeles
Last updated June 2026
Avg. sale price
$1.03M
$22.92KMoM
Sale-to-List Price
99.8%
0.3%MoM
Price per sq ft
$637
$1MoM
Available listings
8228
94MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $10,310 |
| Assessment | $832,000 |
Home facts updated by county records
Comparable Sales for 7307 Forbes Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $1,290,000 | 12/23/25 | 4 | 3 | 2,400 | |
0.09 | Single-Family Home | $1,250,000 | 10/06/25 | 3 | 2 | 2,320 | |
0.26 | Single-Family Home | $1,043,463 | 07/14/26 | 4 | 3 | 1,649 | |
0.38 | Single-Family Home | $1,125,000 | 10/29/25 | 4 | 3 | 2,162 | |
0.30 | Single-Family Home | $960,000 | 12/26/25 | 4 | 3 | 2,260 | |
0.36 | Single-Family Home | $1,380,000 | 03/23/26 | 4 | 3 | 2,601 | |
0.36 | Single-Family Home | $1,275,000 | 05/29/26 | 4 | 3 | 2,832 | |
0.23 | Single-Family Home | $930,000 | 10/03/25 | 3 | 2 | 1,635 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 7307 Forbes Ave.
What Locals Say about Lake Balboa
At least 300 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
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
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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Apartments for Rent
Homes for sale near 7307 Forbes Ave
Off Market Homes Near 7307 Forbes Ave

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 2026-08-02 02:42:42 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-02 02:42:42 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