7255 Balboa Blvd 20, Van Nuys, CA 91406 - View 1
7255 Balboa Blvd 20, Van Nuys, CA 91406 - View 2
7255 Balboa Blvd 20, Van Nuys, CA 91406 - View 3

7255 Balboa Blvd 20, Van Nuys, CA 91406

Sale Price: $490,000
Jun 6, 20251,118 sqft2 beds2 baths
Listed by: Shelley Cohen
License #: 01885712
Phone #: 818-298-2644
Equity Union
Source:
CRMLS Logo
MLS #: 25549155

Property Description

NEW LISTING: This is an outstanding opportunity, located in Lake Balboa. Perfect for first-time buyers, small families, and those seeking a more affordable option. Close to shopping, restaurants, and the 101 Freeway. The condo features two bedrooms, two bathrooms, and a nice-sized living room, kitchen, and dining area with a breakfast bar. It is very bright, has lots of natural light, and is roomy with a fireplace. The primary room is nicely situated at the back of the condo, providing great privacy. A great feature is a full-size laundry room with floor-to-ceiling cabinets for extra storage. There are numerous closets throughout the apartment, and storage space is plentiful. A 2-car tandem garage is underneath this unit; above is a large outdoor patio with a gated entry and a security alarm. Unit 20 is an end unit with only one attached wall. The property is ready for you to move in and make it your own.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,500

TurboHome Estimated Value

$497,500

$445 sqft

High Valuation
$522,375
$467/sqft
Normal Valuation
$497,500
$445/sqft
Low Valuation
$472,625
$423/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$445/sqft$497,500

Neighborhood: Reseda

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Comparative Value

$463K

$490K

$550K

$602K

$695K

7305 Balboa Blvd 2, Van Nuys, CA 91406

Sale Price: $462,500

Selected Comparable

7255 Balboa Blvd 20, Van Nuys, CA 91406

Sale Price: $490,000

Selected Comparable

7255 Balboa Blvd 20, Van Nuys, CA 91406

List Price: $495,000

Subject Property

7038 De Celis Pl 4, Van Nuys, CA 91406

Sale Price: $550,000

Selected Comparable

7046 De Celis Pl 2, Van Nuys, CA 91406

Sale Price: $602,000

Selected Comparable

7356 Darby Ave, Reseda, CA 91335

Sale Price: $695,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
7255 Balboa Blvd 20, Van Nuys, CA 91406

7255 Balboa Blvd 20, Van Nuys, CA 91406

List: $495,000

Listed: 6/6/2025

Area:1,118 sqft
Price/sqft:$443
Beds:2
Baths:2
Year Built:
Lot Size:36,034

Comparable Properties

COMPARABLE
Choose comps
7255 Balboa Blvd 20, Van Nuys, CA 91406

7255 Balboa Blvd 20, Van Nuys, CA 91406

Sale: $490,000

6/20/20250.00 mi

Area:1,118 sqft
Price/sqft:$438
Beds:2
Baths:2
Year Built:
Weight:23.9%
7305 Balboa Blvd 2, Van Nuys, CA 91406

7305 Balboa Blvd 2, Van Nuys, CA 91406

Sale: $462,500

12/20/20240.00 mi

Area:974 sqft
Price/sqft:$475
Beds:2
Baths:2
Year Built:
Weight:20.5%
7038 De Celis Pl 4, Van Nuys, CA 91406

7038 De Celis Pl 4, Van Nuys, CA 91406

Sale: $550,000

8/19/20250.54 mi

Area:1,238 sqft
Price/sqft:$444
Beds:2
Baths:3
Year Built:
Weight:19.3%
7356 Darby Ave, Reseda, CA 91335

7356 Darby Ave, Reseda, CA 91335

Sale: $695,000

7/25/20251.82 mi

Area:1,118 sqft
Price/sqft:$622
Beds:2
Baths:1
Year Built:
Weight:18.6%
7046 De Celis Pl 2, Van Nuys, CA 91406

7046 De Celis Pl 2, Van Nuys, CA 91406

Sale: $602,000

3/12/20250.52 mi

Area:1,230 sqft
Price/sqft:$489
Beds:2
Baths:3
Year Built:
Weight:17.6%

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