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Sold for $1,250,000
  • $1,250,000

    7346 Ostrom Ave, Van Nuys, CA 91406

    3beds
    1,054sqft
    SingleFamily
    Built in 1950
    5,998 Square Feet Lot
    $1,267,600 Zestimate®
    $1,186/sqft
    $5,600 Estimated rent

    Home value

    $1,267,600

    $1.20M - $1.34M

    $5,600/mo

    Zestimate® history
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    $5,600/mo

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    $7,858/mo

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    $7,858/mo

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    What's special

    Traditional residence with good bones but needs a face-lift. Opportunity awaits a lucky Buyer to live in the Lake Balboa area. Improvements completed by the Seller during years of ownership: NEW ROOF (2017), SEWER-LINE (2004), COPPER PLUMBING (2014) & DUAL PANE VINYL WINDOWS. Remodel or add an addition, either way it's a WIN, WIN! Step into history with a living room featuring w/w carpeting & wood panel walls. Kitchen has Formica counter tops, wood cabinetry, washer & dryer hook-ups plus a small breakfast nook area overlooking the rear yard. Bedrooms offer wood flooring with wall closet storage space and are adjacent to the hall full bathroom with some updated features. Bedroom #3 is accented with a wood beam ceiling, wall to wall closet, panel wood walls plus two large windows with views to the yard. The attached 1-car garage is a plus with rear door access. Quaint rear yard with a large shade tree, block walls and open air patio slab area, the possibilities are endless for your CREATIVE Buyer!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Wall
    Cooling
    • Wall
    Appliances
    • Included: Range / Oven, Refrigerator
    • Laundry: Inside, In Kitchen
    Features
    • Copper Plumbing Full, Formica Counters
    • Flooring: Carpet, Linoleum / Vinyl
    • Windows: Double Pane Windows
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,054 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Accessibility
    • Accessibility features: Grab Bars in Bathroom(s)
    Features
    • Levels: One
    • Patio & porch: Slab
    • Exterior features: Stucco
    • Fencing: Block
    Lot
    • Size: 5,998 Square Feet
    • Features: Back Yard, Front Yard, Near Public Transit
    Details
    • Parcel number: 2227013003
    • Special conditions: Standard, Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Conventional
    Materials
    • Roof: Composition
    Condition
    • Fixer, Repairs Cosmetic
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Van Nuys

    Financial & listing details

    • Price per square foot: $1,186/sqft
    • Tax assessed value: $1,275,000
    • Annual tax amount: $15,410
    • Road surface type: Maintained

    Price history

    DateEventPrice
    12/8/2023Sold$1,250,000+0.1%$1,186/sqft
    Source: Public Record Report a problem
    11/16/2023Pending sale$1,249,000$1,185/sqft
    Source: CLAW #23-329069 Report a problem
    11/6/2023Listed for sale$1,249,000-3.8%$1,185/sqft
    Source: CLAW #23-329069 Report a problem
    10/11/2023Listing removed--
    Source: CLAW #23-303105 Report a problem
    9/14/2023Price change$1,299,000-7.1%$1,232/sqft
    Source: CLAW #23-303105 Report a problem
    8/22/2023Listed for sale$1,399,000+154.4%$1,327/sqft
    Source: CLAW #23-303105 Report a problem
    7/16/2020Sold$550,000$522/sqft
    Source: CRISNet / SRAR #SR20106277 Report a problem
    6/14/2020Price change$550,000+0.9%$522/sqft
    Source: Pinnacle Estate Properties, Inc. #SR20106277 Report a problem
    6/13/2020Pending sale$545,000$517/sqft
    Source: Pinnacle Estate Properties, Inc. #SR20106277 Report a problem
    6/3/2020Listed for sale$545,000$517/sqft
    Source: Pinnacle Estate Properties, Inc. #SR20106277 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,410 +1.2%$1,275,000 +2%
    2024$15,229 +114.6%$1,250,000 +118.4%
    2023$7,096 +4.9%$572,220 +2%
    2022$6,766 +1.2%$561,000 +2%
    2021$6,684 +6.8%$550,000 +859.4%
    2020$6,261 +662.5%$57,329 +2%
    2019$821 +14%$56,206 +2%
    2018$720 $55,105 +2%
    2017$720 +2.6%$54,025 +2%
    2016$702 +4.3%$52,967 +1.5%
    2015$673 -0.2%$52,173 +2%
    2014$674 $51,152 +2.5%
    2012-- $49,924 +2%
    2011-- $48,946 +0.8%
    2010-- $48,581 -0.2%
    2009-- $48,697 +2%
    2008-- $47,743 +2%
    2007-- $46,807 +2%
    2006-- $45,890
    2005-- $45,890 +4%
    2004-- $44,109 +1.9%
    2003-- $43,302 +2%
    2002-- $42,454 +4%
    2000-- $40,808
    Find assessor info on the county website

    Neighborhood: Lake Balboa

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Los Angeles Unified

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,267,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,267,600