7225 Forbes Ave, Lake Balboa, CA 91406 - Photo 1

1/1

$1,250,000

Sold
Closed
Single Family
3 Beds
2 Full Baths
2,320 Sq. Ft.
3 Car Garage

1/1

Property Description

Over Half an Acre in Lake Balboa: Car Lovers, Creatives, Gardeners, and Dreamers are Welcome! You'll fall in love with this private oasis in peaceful Lake Balboa! Set on a rare 23,370 sq ft lot, this gated compound offers exceptional privacy and endless possibilities. The 3-bedroom, 2-bath home is anchored by a spacious great room with vaulted ceilings and skylights, filling the living and dining areas with natural light and warmth. While very livable, the home could benefit from some updating -- a wonderful opportunity to add value and make it your own. A true highlight is the detached 3-car garage connected to an oversized bonus space. Perfect for car aficionados, hobbyists, or creatives, it provides incredible space for a workshop, studio, or the build-out of a guesthouse or ADU -- ideal for multigenerational living or storage. Outdoors, the property continues to impress with a sparkling 14' x 40' pool, an incredible amount of succulents, native plants, trees, and generous gated parking for several vehicles and plenty of play spaces. This rare Lake Balboa gem offers the space, flexibility, and lifestyle you've been waiting for, whether your dream is to restore, expand, or create your own private compound. Property sold AS-IS. Bring your vision. Bring your entire family.

Full Property Details

Full Property Details for 7225 Forbes Ave

General

Sold For: $1,250,000
Status: Closed
Type: Single Family
Source: CLAW
MLS ID: 25583921
Added to Site: 143 day(s) ago

Interior

Rooms/Areas: Dining Area, Den/Office, Utility Room, Living Room
Furnishings: Unfurnished
Flooring: Hardwood, Tile

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: Room

Additional Information

Pool: Yes
Pool Description: In-Ground, Fenced
Spa: Yes
Spa Description: In-Ground
Security/Safety: Gated, Automatic Gate
Other Features: None

Exterior

Deck/Patio: Awning

Parking

Garage: Yes
Garage Spaces: 3
Garage Description: Private, Garage - 3 Car, Oversized, Detached, Driveway - Concrete

Location

Area: Lake Balboa
County: Los Angeles
Driving Directions: Balboa Blvd to Sherman Way, head east, north on Forbes Ave
Direction Faces: East

Heating & Cooling

Cooling Type: Central
Heating Type: Central

Structural Information

Architectural Style: Ranch
Structure Type: Single Family Residence
Roof: Composition, Shingle
Common Walls: Detached/No Common Walls
Stories/Levels: 1
Square Feet: 2,320
Sq. Ft. Source: Taped
Year Built: 1947
Year Built Source: Assessor

Additional Structures

Other Structures: None

Lot Features

Property View: Trees/Woods, Pool
Lot Size (Acres): 0.5367
Lot Size: 23377
Lot Size Source: Assessor
Lot Dimensions: 77 x 300
Zoning: LAR1
Fencing (Description): Stucco Wall

Financial Considerations

Price Per Sq. Ft.: $581.47
Assessment Year: 1947

Disclosures and Reports

Disclosures/Reports: As Is
APN: 2226-031-013

Listed by Compass, Allison Gold and Compass, Ari Afshar
Sold by Shawbrook Capital Inc., Matthew Roton

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Listing agents

— 7225 Forbes Ave —

Allison Gold

Compass
Ari Afshar

Compass

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Schools

Schools serving 7225 Forbes Ave

School District:Los Angeles Unified School District

Name	Grades	Distance
Gault Street Elementary School 17000 Gault St., Los Angeles, CA 91406	PK-5	0.3 mi
William Mulholland Middle School 17120 Vanowen St., Los Angeles, CA 91406	6-8	0.7 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7225 Forbes Ave

Date

Details

Price

Change

Source

10/06/2025

Sold

$1,250,000

-7.34%

MLS

8/27/2025

Listed

$1,349,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7225 Forbes Ave, Lake Balboa, CA 91406 (MLS# 25583921) is a Single Family property that was sold at $1,250,000 on October 06, 2025. Want to learn more about 7225 Forbes Ave? Do you have questions about finding other Single Family real estate for sale in Lake Balboa? You can browse all Lake Balboa real estate or contact a Coldwell Banker agent to request more information.

7225 Forbes Ave Lake Balboa, CA 91406