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Backup Offers

7305 Balboa Blvd Unit 2, Van Nuys, CA, 91406

$479,900

Home List Price

$5,699*

Closing Credit

2 Bedrooms
2 Full Baths
974 SqFt
$493/SqFt
Condo

Location

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7305 Balboa Blvd Unit 2, Los Angeles$479,900

Buyer Closing Credits

$5,699*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage, Garage Door Opener, Tandem
Garage2 spaces
Year Built1981
HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air, Electric
FireplaceGas, Living Room
ViewOther, Pool
MLS #SR24181910
Lot Size0.83 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7305 Balboa Blvd Unit 2

Great new price! This beautifully updated end unit condo located in the desirable Lake Balboa community is waiting for you. As you enter the open concept living space, you are welcomed by how it feels so light and bright. Vaulted ceilings with recessed lighting and the expansive glass door that takes you out to the deck, where you can enjoy views of the pool area or simply a place to plan that next BBQ. A corner gas fireplace will also provide that cozy feel. As you move through a nice-sized dining room with custom lighting and into the newly updated kitchen, you see the elegant white Shaker cabinets, quartz countertops, marble-style tile floors and built-in stainless appliances. There is a five burner LGT gas stove, microwave, dishwasher, farmhouse sink and state of the art side by side refrigerator that complete this modern kitchen. Through the hallway is a newly finished bathroom offering tub/shower, sink cabinet, lighted mirror, the latest tile surround and flooring with easy access to the secondary bedroom as well. The large master ensuite bedroom offers mirrored closet doors and custom built-ins. As you enter the gorgeous bathroom with double sink cabinets and separate stall shower with frameless doors, there is a feeling of tranquility. Additional features of this lovely home are new light wood-style flooring throughout, inside stackable laundry closet, recessed lighting, newer hot water heater, newer electrical, double tandem detached garage with room for storage and ample guest parking. Close to commute, shopping, restaurants, Balboa Park and more! A must see home!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1981
  • Stories: 2
  • Living Area: 974 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (818) 917-5030
  • Listing Agent: Sheri Quaintance

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Water Heater
  • Flooring Type: See Remarks
  • Interior: Chair Rail, Separate/Formal Dining Room, Living Room Deck Attached, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary, Primary Suite
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Other, Pool

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage, Garage Door Opener, Tandem

Lot Features

Lot Information:

  • Lot Size: 0.83 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: North of Sherman; West side of Balboa

Price Information

Listing Price Info

Price Summary:

  • List Price: $479,900
  • Price Per SqFt: $493/SqFt

HOA Fees:

  • Amount: $575
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,223
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

7305 Balboa Blvd Unit 2 vs Los Angeles

101 DAYS ON ROCKET

+63 Days

$479,900

-$541.6K Less

$493/SqFt

-$147 Less

KEY TAKEAWAY

This property is $541.6K less than the Median Sold Price and $147/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24181910

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (818) 917-5030
  • Listing Agent: Sheri Quaintance

IDX 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: 12/18/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 27, 2015Home Sold
$235,000
Sep 27, 2007Home Sold
$335,000
Dec 15, 2003Home Sold
$215,000
Jun 26, 2001Home Sold
$134,000
Jun 17, 1992Home Sold
$117,000
Dec 13, 1989Home Sold
$160,000
May 17, 1988Home Sold
$101,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,223$260,918
2020$3,126$258,244
2019$3,097$253,181
2018$3,028$248,218
2017$3,028$243,352

History based on county public records data.

Payment Calculator

$3,038

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,505

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4405816
7
/10
  • Gault Street Elementary School

  • 17000 Gault St

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-4405817
4
/10
  • Anatola Avenue Elementary School

  • 7364 Anatola Ave

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-4405818
7
/10
  • Stagg Street Elementary

  • 7839 Amestoy Ave

  • 0.73 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,539. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7305 Balboa Blvd Unit 2

What is the listing price of this property?

The listing price of 7305 Balboa Blvd Unit 2 property is $479,900.

What type of property is this?

The property 7305 Balboa Blvd Unit 2 is a condo located in Van Nuys, California, 91406.

Is this property for sale now?

Accepting Backup Offers: 7305 Balboa Blvd Unit 2 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,223 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 27, 2015 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7305 Balboa Blvd Unit 2 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7305 Balboa Blvd Unit 2 is 974 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7305 Balboa Blvd Unit 2 is 1981.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles914067305 Balboa Blvd Unit 2

This home is located at 7305 Balboa Blvd Unit 2 in Van Nuys, CA and zip code 91406 in the Lake Balboa neighborhood. This 974 square foot home, which was built in 1981, sits on a 0.83 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 07, 2024 and is currently priced at $479,900.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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