7342 Forbes Ave, Van Nuys, CA 91406
OFF MARKET

7342 Forbes Ave
Van Nuys, CA 91406

Lake Balboa
  • Studio

$799,400

Trulia Estimate
as of Aug 12, 2026
Est. Refi. Payment $4,916/mo*
Refinance Your Home

$799,400

Trulia Estimate
as of Aug 12, 2026
Est. Refi. Payment $4,916/mo*
Refinance Your Home
Studio

Home Value

Trulia Estimate
$799K
Since last month
Increased$54K (+7.2%)
Since last year
Increased$177K (+28.5%)
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 +29% in the last 10 years
MonthEstimated value
2026
August 2026$799K
July 2026$761K
June 2026$746K
May 2026$804K
April 2026$806K
March 2026$622K

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
7307 Forbes Ave, Van Nuys, CA
0.06
Single-Family Home
$1,350,000
09/17/25
3
4
2,455
16822 Valerio St, Van Nuys, CA
0.06
Single-Family Home
$1,290,000
12/23/25
4
3
2,400
7225 Forbes Ave, Van Nuys, CA
0.14
Single-Family Home
$1,250,000
10/06/25
3
2
2,320
7465 Whitaker Ave, Van Nuys, CA
0.17
Single-Family Home
$930,000
10/03/25
3
2
1,635
7358 Paso Robles Ave, Van Nuys, CA
0.18
Single-Family Home
$710,000
10/08/25
3
2
1,707
16632 Wyandotte St, Van Nuys, CA
0.20
Single-Family Home
$400,000
09/17/25
3
1
1,172
16630 Runnymede St, Van Nuys, CA
0.22
Single-Family Home
$525,000
07/13/26
3
3
1,290
7229 De Celis Pl, Van Nuys, CA
0.27
Single-Family Home
$1,043,463
07/14/26
4
3
1,649
7514 Paso Robles Ave, Van Nuys, CA
0.27
Single-Family Home
$960,000
12/26/25
4
3
2,260
7058 Petit Ave, Van Nuys, CA
0.36
Single-Family Home
$932,478
02/18/26
3
2
1,793

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
7307 Forbes Ave, Van Nuys, CA 91406
0.06
$1,348,300
3
4
2,455
Off Market
7327 Whitaker Ave, Van Nuys, CA 91406
0.05
$1,313,900
3
2.5
2,652
Off Market
16822 Valerio St, Van Nuys, CA 91406
0.06
$1,290,000
4
3
2,400
Recently Sold
16823 Valerio St, Van Nuys, CA 91406
0.08
$1,693,900
5
2.5
2,288
Off Market
7332 Balboa Blvd #5, Van Nuys, CA 91406
0.09
$483,100
2
1.5
1,050
Off Market
7332 Balboa Blvd #6, Van Nuys, CA 91406
0.09
$473,800
2
2
1,050
Off Market
7320 Balboa Blvd #205, Van Nuys, CA 91406
0.09
$479,000
2
2
894
For Sale
7306 Balboa Blvd #B, Van Nuys, CA 91406
0.10
$640,900
2
2.5
1,349
Off Market
7300 Balboa Blvd #A, Los angeles, CA 91406
0.11
$610,300
2
2.5
1,275
Off Market
7304 Balboa Blvd #E, Van Nuys, CA 91406
0.11
$590,400
2
2.5
1,332
Off Market
7310 Balboa Blvd #D, Van Nuys, CA 91406
0.11
$675,700
2
3
1,349
Off Market
7310 Balboa Blvd #E, Los Angeles, CA 91406
0.11
$577,300
2
3
1,349
Off Market

Local Information

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About this House

7342 Forbes Ave is in the Lake Balboa neighborhood in Van Nuys, CA and in ZIP code 91406.
7342 Forbes Ave, Van Nuys, CA 91406 is a studio property in Lake Balboa. More recently, it was listed as a rental in March 2026 with an asking price of $3,990 per month. That rental listing was removed on April 10, 2026. It is currently off market. The Trulia Estimate is $799,400, with a rent estimate of $3,821/month.

Price and Tax history

DateEventPrice
Apr 10, 2026
Source: CLAW #26666971
ListingRemoved
$3,990
Mar 25, 2026
Source: CLAW #26666971
Listed For Rent
$3,990

Market trends in Los Angeles

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.03M
$22.92KMoM
Sale-to-List Price
99.8%
0.3%MoM
Price per sq ft
$637
$1MoM
Available listings
8384
127MoM
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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

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Homes for sale near 7342 Forbes Ave

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Off Market Homes Near 7342 Forbes Ave

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Frequently asked questions about 7342 Forbes Ave

  • What is 7342 Forbes Ave estimated to be worth?
    Trulia's estimated value for 7342 Forbes Ave in Van Nuys, CA is $799,400.
  • 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 up $22.92K from the prior month.
  • What do residents say about the Lake Balboa neighborhood?
    Residents describe the Lake Balboa neighborhood in Van Nuys, CA as dog-friendly, pedestrian-friendly, and well-kept. See recently sold homes in Lake Balboa, Van Nuys.