7662 Paso Robles Avenue, Van Nuys, CA 91406
7662 Paso Robles Avenue, Van Nuys, CA 91406
Property Description
This inviting 2-bedroom, 1-bathroom home in Lake Balboa offers exceptional potential for growth and development. Situated on a spacious lot, the property comes with, approved city plans for additional 1,639 sqft. Addition to the main residence 1bed 1bath so it will be 3bed/2bath, as well as the addition of both an ADU and Junior ADU all in total of 2,487 sqft. These plans provide a tremendous opportunity for additional living space, rental income, or extended family living. With ample room to expand and a prime location, this property offers a solid foundation for creating a custom home while capitalizing on its future potential. Perfect for investors, first-time buyers, or those seeking a strategic investment in Van Nuys. Close to Lake Balboa/Anthony Beilenson Park. Very motivated seller, don’t miss this rare opportunity! Please check the plans under supplements.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Van Nuys · Single Family Residence
Listed 6.3% above the median closed sale of $750,000. Price per sqft ($940) is a 15% premium to closed comps ($817). Closed comps sold at 94% of list — buyers have negotiating leverage.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 7444 Oak Park Avenue | Van Nuys | 1951 | 2 | 1 | 927 | 6,320 | $777 | $720,000 | 19 | 92 |
| 17431 Valerio | Van Nuys | 1949 | 2 | 1 | 805 | 5,602 | $944 | $759,750 | 116 | 92 |
| 14654 Haynes Street | Van Nuys | 1939 | 2 | 1 | 780 | 7,500 | $1,090 | $850,000 | 16 | 91 |
| 14351 Martha | Van Nuys | 1950 | 2 | 1 | 1,015 | 6,327 | $970 | $985,000 | 79 | 88 |
| 6250 Halbrent Avenue | Van Nuys | 1947 | 3 | 1 | 1,027 | 6,077 | $730 | $749,999 | 182 | 82 |
| Total: 5 · Average | 2.2 | 1.0 | 910.8 | 6,365.2 | $902.2 | $812,949.8 | 82.4 | |||
| Median | 927 | $759,750 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7012 Natick Avenue | Van Nuys | 1948 | 08/21/2026 | 2 | 1 | 822 | 6,753 | $750,000 | $750,000 | $912 | 1.00 | 42 | 95 |
| 7352 Amestoy | Van Nuys | 1950 | 06/17/2026 | 2 | 1 | 862 | 6,010 | $625,625 | $600,000 | $696 | 0.96 | 34 | 93 |
| 14752 Lemay Street | Van Nuys | 1948 | 05/27/2026 | 2 | 1 | 1,024 | 8,967 | $739,900 | $780,000 | $762 | 1.05 | 46 | 89 |
| 5739 Hazeltine Avenue | Van Nuys | 1947 | 10/06/2026 | 2 | 0 | 778 | 5,295 | $849,900 | $642,500 | $826 | 0.76 | 103 | 88 |
| 7315 Woodley | Van Nuys | 1929 | 07/15/2026 | 2 | 1 | 844 | 6,481 | $795,000 | $750,000 | $889 | 0.94 | 55 | 88 |
| Total: 5 · Average | 2.0 | 0.8 | 866 | 6,701.2 | $704,500 | $704,500 | $817 | — | 56 | ||||
| Median | 844 | $750,000 | $750,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.