7058 Petit Avenue, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 2 bath
ACTIVE$949,995
7058 Petit Avenue, Van Nuys, California 91406
3Beds
2Baths
1,793Sqft
7,671Lot
Price Vs. Estimate
The estimated value ($949,995) is $0 (0%) lower than the list price ($949,995). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7671, living area = 1793.
Top Cons:
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback for comfort during hot Van Nuys summers.
Compared to the nearby listings
Price:$950.0K vs avg $900.0K (+$49,995)62%
Size:1,793 sqft vs avg 1,496 sqft73%
Price/sqft:$530 vs avg $60422%
More Insights
Built in 1953 (72 years old).
Condition: This property has undergone extensive and recent renovations, including a fully updated kitchen with modern stainless steel appliances, completely renovated bathrooms with contemporary fixtures and finishes, new flooring throughout, and new double-pane windows. The interior and exterior have been freshly painted, presenting a move-in ready home with a modern aesthetic. However, the absence of central air conditioning and the lack of specified updates to other major systems like plumbing, electrical, or the roof (original to 1953) prevent it from achieving an 'Excellent' rating, despite the high quality of the visible upgrades.
Year Built
1953
Close
-
List price
$950K
Original List price
$995K
Price/Sqft
$530
HOA
-
Days on market
-
Sold On
-
MLS number
25566533
Home ConditionGood
Features
Patio
View-
About this home
Come home to this stunning mid-century modern bungalow in highly sought after Lake Balboa. Introduced as the "Trade Secrets House," by builder Ernest A. Becker, it was designed with openness and natural light in mind. The gracious living room boasts massive windows that provide beautiful natural light. The charming kitchen comes fully equipped with stove and range hood, stainless steel refrigerator, dishwasher, and microwave. The adjacent dining area is ready for entertaining, and the built-in window seating is the perfect place for your morning cup of coffee. Three spacious bedrooms offer options galore. The primary suite contains contains ample space for a home office nook. The third bedroom is currently set up as a den/office that could easily be converted. The renovated primary bath provides a spa-like retreat. Step outside to find ample entertaining space under the covered patio, with lush greenery and abundant seating options in the backyard. Recent upgrades include new double-pane windows in multiple rooms, complete bathroom renovations, new flooring, and an updated kitchen. In addition, both the exterior and interior have been lovingly repainted. This is a must see!
Nearby schools
3/10
Gault Street Elementary School
Public,•K-5•0.4mi
3/10
Gault Street Elementary School
Public,•K-5•0.5mi
7/10
Stagg Street Elementary School
Public,•K-5•1.1mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.1mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.1mi
6/10
Lemay Street Elementary School
Public,•K-5•1.1mi
5/10
Lemay Street Elementary School
Public,•K-5•1.2mi
3/10
Bassett Street Elementary School
Public,•PK-5•1.2mi
4/10
Bassett Street Elementary School
Public,•K-5•1.2mi
6/10
Lorne Street Elementary School
Public,•K-5•1.6mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.6mi
5/10
Cantara Street Elementary School
Public,•K-5•2.1mi
4/10
Sylvan Park Elementary School
Public,•K-5•2.2mi
9/10
Kester Avenue Elementary School
Public,•K-5•3.1mi
3/10
William Mulholland Middle School
Public,•6-8•0.7mi
5/10
William Mulholland Middle School
Public,•6-8•0.8mi
3/10
Northridge Middle School
Public,•6-8•2.4mi
2/10
Van Nuys Middle School
Public,•6-8•3.3mi
4/10
Reseda Senior High School
Public,•9-12•2.0mi
6/10
Van Nuys Senior High School
Public,•9-12•2.5mi
7/10
Northridge Academy High
Public,•9-12•3.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.2mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.2mi
Condition Rating
Good
This property has undergone extensive and recent renovations, including a fully updated kitchen with modern stainless steel appliances, completely renovated bathrooms with contemporary fixtures and finishes, new flooring throughout, and new double-pane windows. The interior and exterior have been freshly painted, presenting a move-in ready home with a modern aesthetic. However, the absence of central air conditioning and the lack of specified updates to other major systems like plumbing, electrical, or the roof (original to 1953) prevent it from achieving an 'Excellent' rating, despite the high quality of the visible upgrades.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7671, living area = 1793.
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Extensive Recent Renovations: The property boasts significant recent upgrades including new double-pane windows, complete bathroom renovations, new flooring, an updated kitchen, and fresh interior/exterior paint, enhancing its modern appeal and move-in readiness.
Mid-Century Modern Charm & Natural Light: Designed by Ernest A. Becker, the home retains its desirable mid-century modern aesthetic with an emphasis on openness and massive windows, ensuring abundant natural light throughout.
Flexible & Spacious Layout: Features three spacious bedrooms, including a primary suite with a home office nook and a convertible third bedroom/den, offering versatile living and working arrangements.
Desirable Lake Balboa Location: Situated in the highly sought-after Lake Balboa area, offering potential for strong community appeal and property value.
Inviting Outdoor Entertaining Space: The backyard features a covered patio with lush greenery and ample seating, providing an ideal setting for outdoor relaxation and entertaining.
Cons
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback for comfort during hot Van Nuys summers.
Unspecified Major System Updates: While cosmetic and some functional upgrades are noted, there's no mention of updates to critical systems like plumbing, electrical, or the roof, which may be original to the 1953 build and could require future investment.
History of Price Reductions: The property has undergone multiple price reductions since its initial listing, potentially indicating an initial overpricing strategy or challenges in market valuation.