Backup offers
$8,894 Closing Credit¹
#SR25094926, Michael Abbott, Listing office: 818 Homes
$899,000 List price
16741 Tim Ln Van Nuys, CA 91406
$10,000
Closing credit¹
4 beds
3 full
1,888 sqft
1.7 acres
$476 / sqft
House
Property details
About 16741 Tim Ln
Modern Comfort & Rare Privacy in the Heart of Lake Balboa. This home is eligible for a $20,000 down payment assistance grant Welcome to 16741 Tim Lane—a beautifully updated 4-bedroom, 2.5-bathroom home nestled in a gated community of just 27 homes. The only property with dual private side yards, this freestanding home offers exceptional light, privacy, and outdoor space rarely found in the area. Enjoy a spacious 1,888 sq ft layout with open-concept living, great natural light, and seamless indoor-outdoor flow. The secluded back patio is perfect for dining, entertaining, or relaxing in peace. Additional features include a finished 2-car garage with storage and workbench, Google Home camera system, ADT security, and vinyl side gates. Select furnishings are negotiable. Located on tree-lined Forbes Ave, you're minutes from Lake Balboa Park, top-rated schools, and walkable local favorites like Black Heart Coffee and In-N-Out. With easy access to the 101/405, this home connects you to UCLA, the Westside, Burbank Airport, and beach destinations in under 30 minutes. A rare blend of space, upgrades, and unbeatable location—16741 Tim Lane is turnkey, secure, and move-in ready! Call for your private showing today! The $20k grant can be used to buy down the rate, closing cost, or down payment assistance.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,888 sqft
Lot size1.6614 Acres
Year built2005
ParkingGarage
MLS #PW25113322
Attached garage2 spaces
ViewNeighborhood
Summary
- Full Bathrooms: 3
- Fireplace: None
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Garage
- View: Neighborhood
- Heating: Central
- Cooling: Central Air
- List Price: $899,000
- Price/SqFt: $476
- HOA Amount: $120 Monthly
- Annual Tax Amount: $10,385
- Tax Year: 2024
- Lot: Zero Lot Line
- Directions: Cross streets are Forbes Ave and Tim Ln
- Year Built: 2005
- Stories: 2
- Living Area: 1,888 SqFt
- Lot Size: 1.6614 Acres
- MLS Number: PW25113322
- MLS Name: CRMLS
- Office Name: Real Broker
- Office Phone: (619) 248-6434
- Listing Agent: Rick Lee
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/21/2025, 9:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$899,000
16741 Tim Ln
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 11, 2022 | Home Sold | $818,000 |
| Jul 24, 2018 | Home Sold | $605,000 |
| Feb 24, 2010 | Home Sold | $350,000 |
| May 08, 2006 | Home Sold | $635,000 |
| Jan 19, 2006 | Home Sold | $526,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $834,360 | $10,385 |
| 2023 | $818,000 | $10,182 |
| 2022 | $635,961 | $7,768 |
| 2021 | $623,492 | $7,664 |
| 2020 | $617,100 | $7,434 |
| 2019 | $605,000 | $5,011 |
| 2018 | $397,056 | $4,900 |
| 2017 | $389,271 | $4,900 |
History based on county public records data.
Nearby schools
7
Gault Street Elementary School
Public District PK-5
0.5 mi
•17000 Gault St
5
Lemay Street Elementary
Public District KG-5
1.0 mi
•17520 Vanowen St
4
Anatola Avenue Elementary School
Public District KG-5
1.2 mi
•7364 Anatola Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $91,356. The majority of Van Nuys, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
13%
<35k
43%
35k-100k
37%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
14%
Single, with Kids
24%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
43%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Hiking/backpacking
Live Theatre
Where do the neighbors shop?
Nordstrom Rack
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Boston Market
What do the neighbors drive?
Volvo
Audi
Mercedes
What do the neighbors listen to?
News
Alternative
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 16741 Tim Ln
The listing price of 16741 Tim Ln property is $899,000.
The property 16741 Tim Ln is a house located in Van Nuys, California, 91406.
Active Listing: 16741 Tim Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 16741 Tim Ln are: Gault Street Elementary School (GreatSchools Rating 7/10), Lemay Street Elementary (GreatSchools Rating 5/10), Anatola Avenue Elementary School (GreatSchools Rating 4/10), Mulholland Middle School (GreatSchools Rating 5/10), Lashon Academy (GreatSchools Rating 5/10), Northridge Middle School (GreatSchools Rating 4/10), Lake Balboa College Preparatory Magnet K-12 (GreatSchools Rating 6/10), Daniel Pearl Journalism & Communications Magnet (GreatSchools Rating 6/10), Independence Continuation (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $10,385 (source: MLS/based on county public records data).
The last sale was on October 11, 2022 for $818,000 (source: MLS/tax record).
The property at 16741 Tim Ln has 4 bedrooms and 3 bathrooms.
The property 16741 Tim Ln is 1,888 SqFt (source: MLS/tax record).
The year of construction for 16741 Tim Ln is 2005.
This home is located at 16741 Tim Ln in Van Nuys, CA and zip code 91406 in the Lake Balboa neighborhood. This 1,888 square foot home, which was built in 2005, sits on a 1.66 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $899,000.
In May 2025, from all listings sold in Van Nuys, CA there were more than 325 sold above asking price, over 319 sold below and more than 134 were sold right at the asked price. The number of listings in Van Nuys, CA increased by 8.7% between April and May 2025. In May 2025 median list price was $871,794 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.