$10,000 Closing Credit¹
#SR25121239, Nairy Stepanyan, Listing office: Coldwell Banker Hallmark Realty
#SR25105842·
Listing office: Park Regency Realty·
Listing agent: Steve Neuman·
Listing office phone: 818-430-0096
$1,499,999 List price
7307 Forbes Ave Lake Balboa, CA 91406
$10,000
Closing credit¹
3 beds
4 full
2,455 sqft
0.3 acres
$611 / sqft
House
Property details
About 7307 Forbes Ave
Welcome to this extensively remodeled modern home in the heart of Lake Balboa, offering 2,455 sq ft of stylish living space on an expansive 11,250 sq ft lot. Thoughtfully redesigned with a contemporary open-concept floor plan. The home is filled with natural light through out... all-new California Deluxe Low-E windows / sliding glass doors. The stunning kitchen boasts an impressive eat-in center island, tons of cabinet storage, new stainless steel appliances...Janska 36 inch gas oven with matching range hood, Samsung fridge with water dispenser, Samsung built-in oven with built-in microwave. Adjacent to the kitchen is a large walk-in pantry with shelves and cabinets for storage. The family room has tall arched ceilings for a spacious & airy feel, a dramatic 12-foot sliding glass door, A “bar area” with a built-in wine cooler. This home features two in-suite bathrooms, one of them being the primary with tall arched ceilings, a spacious walk-in closet with plenty of storage, a huge walking shower and a soak-in tub. Additional upgrades include a freshly tiled fireplace in the family room & living room, brand-new bathrooms, new baseboards, new matte black doors, new door jambs, door casings, new matte black door hardware & all-new recessed lighting throughout the entire home. Additional features include: All-new electrical (complete re-wire), new sub panel, new Navien 199 BTU tankless water heater, copper plumbing, newer comp shingle roof (2023) new attic insulation, newer HVAC (2023), new ducting, new NEST thermostat and paid off newer solar (2023). You’ll also find a fully drywalled/finished garage with recessed lighting, new garage door with new automatic opener. Enjoy ultimate privacy with new 6-foot vinyl side fencing and 8-foot rear fencing, plus a convenient half-circle driveway for easy access and ample parking. The house has a freshly painted interior and exterior with matte black accents throughout. The lush landscaping is supported by a brand-new sprinkler system, creating a beautiful and functional outdoor space. Located within walking distance of In-N-Out Burger and just minutes from freeway access, this turnkey home blends modern design with everyday convenience.
Highlights
Home typeSingle Family Residence
HeatingCentral, Forced Air, Natural Gas
StatusActive
CoolingCentral Air, Gas
Size2,455 sqft
Lot size0.2584 Acres
Year built1947
ParkingCircular Driveway, Direct Access, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Gated
MLS #SR25105842
Attached garage2 spaces
FireplaceFamily Room, Gas Starter, Living Room, Wood Burning
Summary
- Full Bathrooms: 4
- Appliances: Stove, Dishwasher, Electric Water Heater, Disposal, Gas Oven, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater, Vented Exhaust Fan
- Flooring Type: Tile, Vinyl
- Interior: Breakfast Bar, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, All Bedrooms Down, Walk-In Pantry, Walk-In Closet(s)
- Fireplace: Family Room, Gas Starter, Living Room, Wood Burning
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Circular Driveway, Direct Access, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Gated
- Architectural Style: Modern
- Heating: Central, Forced Air, Natural Gas
- Cooling: Central Air, Gas
- List Price: $1,499,999
- Price/SqFt: $611
- HOA Amount: $0
- Annual Tax Amount: $4,704
- Tax Year: 2024
- Lot: Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Rectangular Lot, Sprinklers
- Directions: North of Sherman Way East of Balboa Blvd
- Year Built: 1947
- Stories: 1
- Living Area: 2,455 SqFt
- Lot Size: 0.2584 Acres
- MLS Number: SR25105842
- MLS Name: CRMLS
- Office Name: Park Regency Realty
- Office Phone: (818) 430-0096
- Listing Agent: Steve Neuman
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: 6/18/2025, 7:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,499,999
7307 Forbes Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 09, 1994 | Home Sold | $220,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $366,563 | $4,704 |
| 2023 | $359,377 | $4,617 |
| 2022 | $352,332 | $4,408 |
| 2021 | $345,425 | $4,342 |
| 2020 | $341,884 | $4,214 |
| 2019 | $335,182 | $4,117 |
| 2018 | $328,611 | $4,027 |
| 2017 | $322,169 | $4,027 |
History based on county public records data.
Nearby schools
7
Gault Street Elementary School
Public District PK-5
0.4 mi
•17000 Gault St
7
Stagg Street Elementary
Public District PK-5
0.8 mi
•7839 Amestoy Ave
4
Anatola Avenue Elementary School
Public District KG-5
0.8 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 $57,855. Residents of Lake Balboa, CA typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
30%
<35k
45%
35k-100k
19%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
37%
Single, No Kids
12%
Single, with Kids
25%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
45%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Hiking/backpacking
Live Theatre
Where do the neighbors shop?
IKEA
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
Quiznos
Starbucks
Boston Market
What do the neighbors drive?
Lexus
Audi
Mercedes
What do the neighbors listen to?
Soft Adult Contemporary- Alternative
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7307 Forbes Ave
The listing price of 7307 Forbes Ave property is $1,499,999.
The property 7307 Forbes Ave is a house located in Lake Balboa, California, 91406.
Active Listing: 7307 Forbes Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7307 Forbes Ave are: Gault Street Elementary School (GreatSchools Rating 7/10), Stagg Street Elementary (GreatSchools Rating 7/10), Anatola Avenue Elementary School (GreatSchools Rating 4/10), Mulholland Middle School (GreatSchools Rating 5/10), Northridge Middle School (GreatSchools Rating 4/10), Lashon Academy (GreatSchools Rating 5/10), 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 $4,704 (source: MLS/based on county public records data).
The last sale was on June 9, 1994 for $220,000 (source: MLS/tax record).
The property at 7307 Forbes Ave has 3 bedrooms and 4 bathrooms.
The property 7307 Forbes Ave is 2,455 SqFt (source: MLS/tax record).
The year of construction for 7307 Forbes Ave is 1947.
This home is located at 7307 Forbes Ave in Lake Balboa, CA and zip code 91406 in the The San Fernando Valley neighborhood. This 2,455 square foot home, which was built in 1947, sits on a 0.26 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $1,499,999.
Lake Balboa, CA housing market in May 2025 saw over 325 listings sold above listed price, more than 134 sold at listed price and over 319 sold below. The number of homes for sale in Lake Balboa, CA increased by 8.7% between April and May 2025. Listings spent 34 days on the market in May 2025, and had a median list price of $871,794 during the same period.
From Rocket Homes Real Estate and based on county public records data.