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7316 Ostrom Ave, Lake Balboa, CA 91406
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7316 Ostrom Ave Lake Balboa, CA 91406

$751,000 Sold Price as of 09/19/2022
  • 3 Beds
  • 2 Baths
  • 1,468 Sq.Ft.
Sold
$751,000 Sold Price as of 09/19/2022 Refinance Your Mortgage
Map preview of 7316 Ostrom Ave, Lake Balboa, CA 91406

Property Overview: 7316 Ostrom Ave Lake Balboa, CA has 3 bedrooms, 2 bathrooms, 1,468 living square feet and 5,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: MOTIVATED SELLERS have priced this house to sell!!! Located in a beautiful pocket of Lake Balboa with gorgeous curb appeal, this 3 bedroom 2 bath home is lush and inviting! Enter through an oversized private gated entry patio which is great for outdoor entertaining all year round. The interior is light, bright, open, and surrounded by gleaming windows. Features include a large living room with high ceilings and a fireplace, formal dining area, large primary bedroom with attached bath, hardwood flooring under the carpet, valuable custom closet space in the bathrooms and hallway, and gated parking. The gorgeous grassy backyard is perfect for entertaining, is colorful with beautiful bougainvillea, and includes fruit trees such as apple, strawberry guava, and the best oranges in the neighborhood! The tankless water heater has a bonus circulating feature for fast hot water which contributes to a lower gas bill, and the property also includes a reverse osmosis water purification drinking system. Neighbors are very friendly and create a beautiful community environment. Close to beautiful Lake Balboa Park where the neighbors walk, bring their dogs, run, and paddle boat. With a little TLC and your personal taste this could be your dream home!

Listed by Stacey Franklin | BRE #01412742 | Pinnacle Estate Properties, Inc.
Last checked: 1 minute ago | Last updated: September 19th, 2022 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
5,999
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
SR22134595
City
Lake Balboa
County
Los Angeles
Time on Site
667 days

Property Details for 7316 Ostrom Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • All Bedrooms Down, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 2227013008
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: East of Louise/ North of Sherman Way
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Lake Balboa Agent

Sale History for 7316 Ostrom Ave

Last sold for $751,000 on September 19th, 2022

  • September, 2022

  • Sep 19, 2022

    Date

    Sold

    CRMLS: SR22134595

    $751,000

    Price

  • Jul 13, 2022

    Date

    Active

    CRMLS: SR22134595

    $799,999

    Price

Tax History for 7316 Ostrom Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

7316 Ostrom Ave sold on September 19, 2022 for 15.65% lower than the current median sold price for the city of Lake Balboa which is $901,000. The median sold price per/sqft for Lake Balboa is $654 and this home is sold at $517.71 per/sqft which puts the price per square foot 20.84% lower than the current median sale per square foot for the city of Lake Balboa.

About 7316 Ostrom Ave

Detailed summary of property

7316 Ostrom Ave is a single family home that recently sold in Lake Balboa, CA 91406. This house offered 3 bedrooms, 2 bathrooms, roughly 1,468 living square feet, and sits on an approximately 5,999 square foot lot. 7316 Ostrom Ave was first listed on ArdentRealEstateGroup.com on June 22, 2022. The homeowner sold the property for $751,000. Home in Lake Balboa are selling for a median price of $901,000 and a median price per square foot of $654. Based on Ardent Real Estate Group's Lake Balboa Market Data, this home is sold 15.65% lower than the current median priced home. Local homes that are currently for sale include 3944 Kentucky Dr #8, 10535 Wilshire Blvd #1808 and 10535 Wilshire Blvd #1806. While the average home in Lake Balboa, CA is selling in 95 days, 7316 Ostrom Ave has a days on market of 35 days. There are currently 28 homes for sale in the Lake Balboa real estate market and 21 of them are single family homes while 2 of them are condos and 5 are townhomes. For more information on this home for sale at 7316 Ostrom Ave Lake Balboa, CA 91406 contact Ardent Real Estate Group and we will put you in touch with one of our Lake Balboa agents.

Public Facts for 7316 Ostrom Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

91406 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$528
Median Sold Price
$875,000
Median Sold Price/Sq.Ft.
$575
Total Inventory
62
Median Sale to List Price %
102.34%
Avg Days on Market
37
Loan Type
Conventional (40%), FHA (5%), VA (0%), Cash (20%), Other (25%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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