Sold for $705,000

Listed by: Coldwell Banker Realty • Phil Boroda • Contact: 818-995-2424

Bought with: Coldwell Banker Realty

Tax assessed value

$705,000

7961 Balboa Blvd, Van Nuys, CA 91406

2beds

1,507sqft

Single Family Residence

Built in 1949

0.34 Acres Lot

$949,900 Zestimate^®

$468/sqft

$4,355 Estimated rent

Home value

$949,900

$836,000 - $1.06M

$4,355/mo

Zestimate^® history

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$4,355/mo

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$4,355/mo

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$4,494/mo

Est. payment

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$4,494/mo

Est. payment

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What's special

Highest And Best offers due Date Is 8/23/2024 11:59:00 PM MST. Any offers received after this time may not be considered. Drive by Only and only Cash Offers! Sweeping Corner lot on over a 1/3 acre with a pool. Great opportunity to rebuild and or restore this property and make it your dream home. Great floor plan with additional bonus room and a yard that was and could be an entertainers paradise. The formal entry leads to a large living room with fireplace (Fireplace Condition is unknown), separate dining area. 2 bedrooms on the one end of the home share a large bath. There is a bonus room/master bedroom/guest with a bath with a private entrance perfect for any of your needs. Bring your contractor and with a little imagination this home will be the perfect mini estate. Located near shopping, public transportation & airport, this is the perfect spot. Great opportunity for owner/user, investor!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 2

Rooms

Room types: Bedroom

Bedroom

Features: All Bedrooms Down

Heating

None

Cooling

None

Appliances

Laundry: None

Features

All Bedrooms Down
Flooring: See Remarks
Has fireplace: Yes
Fireplace features: Living Room, See Remarks
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 1,507 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Attached
Attached garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Entry location: Living Room
Patio & porch: None
Has private pool: Yes
Pool features: Gunite, Private
Spa features: None
Has view: Yes
View description: None

Lot

Size: 0.34 Acres
Features: Corner Lot

Details

Parcel number: 2204024016
Zoning: LARA
Special conditions: Real Estate Owned

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1949

Utilities & green energy

Sewer: Unknown
Water: Public

Community & HOA

Community

Features: Valley

Location

Region: Van Nuys

Financial & listing details

Price per square foot: $468/sqft
Tax assessed value: $705,000
Annual tax amount: $8,954
Date on market: 8/3/2024
Cumulative days on market: 26 days
Listing terms: Cash

Price history

Date	Event	Price
10/11/2024	Sold	$705,000-12.5%$468/sqft
Source: CRMLS #SR24160199 Report a problem
8/18/2023	Sold	$805,532+11.9%$535/sqft
Source: Public Record Report a problem
10/15/2018	Sold	$720,000+2.9%$478/sqft
Source: Public Record Report a problem
10/8/2018	Pending sale	$699,999$464/sqft
Source: Keller Williams Encino-Sherman #SR18168438 Report a problem
9/24/2018	Listed for sale	$699,999$464/sqft
Source: Keller Williams Realty Encino-Sherman Oaks #SR18168438 Report a problem
8/19/2018	Pending sale	$699,999$464/sqft
Source: Keller Williams Realty Encino-Sherman Oaks #SR18168438 Report a problem
7/31/2018	Price change	$699,999-21.8%$464/sqft
Source: Keller Williams Realty Encino-Sherman Oaks #SR18168438 Report a problem
7/14/2018	Listed for sale	$895,000$594/sqft
Source: Keller Williams Encino-Sherman #SR18168438 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,954 -12.6%	$705,000 -13%
2024	$10,243 +4.7%	$810,000 +4.9%
2023	$9,785 +4.8%	$771,983 +2%
2022	$9,341 +1.2%	$756,847 +2%
2021	$9,229 -1%	$742,008 +1%
2020	$9,319	$734,400 +2%
2019	$9,319 +139.4%	$720,000 +136.3%
2018	$3,892	$304,711 +2%
2017	$3,892 +2.2%	$298,737 +2%
2016	$3,808 +2.6%	$292,880 +1.5%
2015	$3,712 +0.8%	$288,482 +2%
2014	$3,682	$282,832 +2.5%
2012	--	$276,035 +2%
2011	--	$270,624 +0.8%
2010	--	$268,603 -0.2%
2009	--	$269,242 +2%
2008	--	$263,964 +2%
2007	--	$258,789 +2%
2006	--	$253,716
2005	--	$253,716 +4%
2004	--	$243,865 +1.9%
2003	--	$239,397 +2%
2002	--	$234,704 +4%
2000	--	$225,592