7501 Forbes Ave, Van Nuys, CA 91406
Property image
Property image
OFF MARKET

$826,500

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,275 sqft

7501 Forbes Ave, Van Nuys, CA 91406

Lake Balboa
Est. Refi. Payment $5,146/mo*
Refinance Your Home
Currently Off Market - Sold Apr 11, 2023 for $755,000

Home Value

Trulia Estimate
$827K
Since last month
Decreased$19K (-2.2%)
Since last year
Decreased$4K (-0.4%)
Since last sale
Increased$72K (+9.5%)
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 +70% in the last 10 years
MonthEstimated value
2026
August 2026$827K
August 2026$826K
July 2026$846K
June 2026$840K
May 2026$843K
April 2026$841K
March 2026$839K
February 2026$840K
January 2026$821K
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
7465 Whitaker Ave, Van Nuys, CA
0.06
Single-Family Home
$930,000
10/03/25
3
2
1,635
7358 Paso Robles Ave, Van Nuys, CA
0.21
Single-Family Home
$710,000
10/08/25
3
2
1,707
17037 Covello St, Van Nuys, CA
0.32
Single-Family Home
$875,000
02/26/26
3
2
1,441
17031 Enadia Way, Lake Balboa, CA
0.53
Single-Family Home
$800,000
07/07/26
3
2
1,226
7656 Oak Park Ave, Van Nuys, CA
0.37
Single-Family Home
$895,000
01/09/26
3
2
1,656
7513 Oak Park Ave, Van Nuys, CA
0.35
Single-Family Home
$740,000
04/17/26
3
1
1,134
16931 Gault St, Van Nuys, CA
0.52
Single-Family Home
$940,000
11/07/25
3
2
1,383
7514 Paso Robles Ave, Van Nuys, CA
0.16
Single-Family Home
$960,000
12/26/25
4
3
2,260
7421 Ostrom Ave, Van Nuys, CA
0.50
Single-Family Home
$750,000
07/23/26
4
2
1,581
7424 Amestoy Ave, Van Nuys, CA
0.37
Single-Family Home
$609,000
03/19/26
3
1
1,100

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
16800 Covello St, Van Nuys, CA 91406
0.06
$743,600
2
1
868
Off Market
16746 Covello St, Van Nuys, CA 91406
0.07
$814,100
3
2
1,068
Off Market
7465 Whitaker Ave, Van Nuys, CA 91406
0.06
$926,900
3
2
1,635
Off Market
16800 Saticoy St #4, Van Nuys, CA 91406
0.10
$599,999
2
2.5
1,360
For Sale
7464 Whitaker Ave, Van Nuys, CA 91406
0.09
$979,800
3
2
1,635
Off Market
16800 Saticoy St #1, Van Nuys, CA 91406
0.11
$565,200
2
2.5
1,380
Off Market
7458 Balboa Blvd, Van Nuys, CA 91406
0.08
$1,196,100
4
3
2,366
Off Market
7450 Balboa Blvd, Van Nuys, CA 91406
0.09
$912,900
3
2
1,940
Off Market
7535 Ruffner Ave, Lake Balboa, CA 91406
0.14
$991,700
4
2
1,576
Off Market
16658 Covello St, Van Nuys, CA 91406
0.16
$791,200
2
1
1,064
Off Market
16823 Valerio St, Van Nuys, CA 91406
0.12
$1,695,000
4
3
2,288
For Sale
7501 Balboa Blvd, Van Nuys, CA 91406
0.14
$809,100
3
2
1,181
Off Market

Local Information

  • Map ViewExplore the area around 7501 Forbes Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1948
1,275 sqft
$648/sqft
Garage

About this House

Discover a charming and pristine home nestled in the picturesque Lake Balboa. Boasting three bedrooms and two bathrooms, this lovely abode features a bright and spacious floor plan spread across 1,274 square feet of living space. The home boasts original hardwood flooring and ample built-in storage space, adding to its timeless appeal. Enjoy preparing delicious meals in the well-appointed kitchen with tile flooring, white cabinets, and gleaming granite countertops. The dining room is generously sized, and there is also room in the kitchen to create a cozy breakfast nook. One bedroom features a spacious walk-in closet, while the other comes with an attached bathroom and a sliding door leading outside. Step outside to unwind on the expansive covered patio, perfect for relaxation and enjoyment of the serene surroundings. The vast lawn area provides an excellent space for kids and pets to play, while the detached bonus room with a separate entrance offers versatility as a studio, office, or fitness room. The property's prime location places it in close proximity to a range of dining options, Ralphs, Lake Balboa, Van Nuys Golf Course, Birmingham Community High School, Sepulveda Basin Off-Leash Dog Park, and more. The long driveway provides additional parking space for an RV. Don't miss this fantastic opportunity to own your dream home in a highly sought-after area. With its immaculate condition, timeless charm, and convenient location, this home is sure to capture your heart.
7501 Forbes Ave, Van Nuys, CA 91406 is a 3 bedroom, 2 bathroom, 1,275 sqft single-family home in Lake Balboa, built in 1948. It last sold for $755,000 on Apr 11, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $826,500, with a rent estimate of $3,641/month.

Home Details for 7501 Forbes Ave

Interior Features

Heating & Cooling
Heating: WallAir ConditioningCooling System: CentralHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood
Interior Details
Number of Rooms: 7Types of Rooms: Walk In Closet, Master Bath

Property Information

Year Built
Year Built: 1948Year Updated: 1951
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Exterior Features

Parking & Garage
GarageParking Space: 1Parking: Garage Attached, Garage Detached, Off Street

Community

Units in Building: 1

Lot Information

Lot Area: 6154 sqft

Price and Tax history

DateEventPrice
Apr 11, 2023
Source: JohnHart Solds #SR23030044_91406
Sold
$755,000
Mar 23, 2023
Source: CRMLS #SR23030044
Contingent
$765,000
Mar 23, 2023
Source: JohnHart Real Estate #SR23030044
Pending
$765,000
Feb 25, 2023
Source: CRMLS #SR23030044
Listed For Sale
$765,000
Jun 23, 2015
Source: N/A
Sold
$445,000

Market trends in Los Angeles

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.04M
$10.92KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$638
$1MoM
Available listings
8384
127MoM

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

Frequently asked questions about 7501 Forbes Ave

  • What is 7501 Forbes Ave estimated to be worth?
    Trulia's estimated value for 7501 Forbes Ave in Van Nuys, CA is $826,500.
  • What is the price history for 7501 Forbes Ave?
    7501 Forbes Ave in Van Nuys, CA last sold for $755,000 in April 2023.
  • 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 $1.04M. That is up $10.92K from the prior month.
  • Does 7501 Forbes Ave have air conditioning?
    Yes, 7501 Forbes Ave in Van Nuys, CA has air conditioning.
  • How big is the lot at 7501 Forbes Ave?
    The lot at 7501 Forbes Ave in Van Nuys, CA is about 0.14 acres (6,154 sq ft).

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Off Market Homes Near 7501 Forbes Ave

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