NEW LISTING: This is an outstanding opportunity; it is located in Lake Balboa. Perfect for first-time buyers, small families and income-seeking buyers. Close to shopping, restaurants, and the 101 Freeway. The condo has 2 bedrooms/2 bathrooms and has 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 in the back of the condo, great for privacy. A great feature is a full-size laundry room with floor-to-ceiling cabinets for extra storage. There are lots of closets throughout the apartment, and storage is plenty. 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.
Under contract
$495,000
7255 Balboa Blvd UNIT 20, Van Nuys, CA 91406
2beds
1,118sqft
Est.:
Residential, Condominium
Built in 1981
-- sqft lot
$503,200 Zestimate®
$443/sqft
$575/mo HOA
What's special
Gated entryLots of natural lightLots of closetsLarge outdoor patio
- 97 days
- on Zillow |
- 91 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: May 17, 2025 at 05:46am
Listed by:
Shelley Cohen DRE # 01885712 818-298-2644,
Equity Union 818-989-2000
Source: CLAW,MLS#: 25498963

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Entry, Great Room, Breakfast Area, Dining Area, Patio Open, Living Room, Utility Room
Heating
- None
Cooling
- None
Appliances
- Included: Washer, Refrigerator, Range/Oven, Exhaust Fan, Dishwasher
- Laundry: Laundry Room, Gas Or Electric Dryer Hookup
Features
- Flooring: Carpet, Tile
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,118
- Total interior livable area: 1,118 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage - 2 Car
- Has garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
- Pool features: None
- Has view: Yes
- View description: Other, City
Lot
- Size: 0.83 Acres
Details
- Parcel number: 2227001023
- Zoning: LARD1.5
- Special conditions: Standard
- Other equipment: Network Wire
Construction
Type & style
- Home type: Condo
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Condition
- Year built: 1981
Community & HOA
Community
- Security: Gated, Alarm System
- Subdivision: Terrace Balboa
HOA
- Has HOA: Yes
- Amenities included: Pool, Sauna, Assoc Barbecue, Outdoor Cooking Area
- HOA fee: $575 monthly
Location
- Region: Van Nuys
Financial & listing details
- Price per square foot: $443/sqft
- Tax assessed value: $234,317
- Annual tax amount: $2,906
- Date on market: 2/15/2025
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