RealKey
‪(213) 433-7766‬

7444 Ostrom Avenue, Lake Balboa, California 91406, Lake Balboa, 91406 - 4 bed, 3 bath

7444 Ostrom Avenue, Lake Balboa, California 91406 home-pic-0
ACTIVE$1,039,000
7444 Ostrom Avenue, Lake Balboa, California 91406
4Beds
3Baths
1,546Sqft
6,251Lot

Price Vs. Estimate

The estimated value ($1,001,546.02) is $37,453.98 (3%) lower than the list price ($1,039,000). This property may be overpriced.

Key pros and cons

Top Pros:
Complete Remodel: The property has been completely remodeled from top to bottom, offering a modern and updated living space.
Top Cons:
Price Reduction: The property has experienced a price reduction, which may indicate market resistance or perceived overpricing.

Compared to the nearby listings

Price:$1.04M vs avg $900.0K (+$139,000)79%
Size:1,546 sqft vs avg 1,496 sqft53%
Price/sqft:$672 vs avg $61074%

More Insights

Built in 1950 (75 years old).
Condition: The property, built in 1950, has been completely remodeled. The description and images show a modern kitchen with stainless steel appliances and quartz countertops, updated bathrooms with modern fixtures, new laminated flooring, and recessed lighting. The extensive remodeling suggests that the property meets current quality standards with minimal physical depreciation.
Year Built
1950
Close
-
List price
$1.04M
Original List price
$1.07M
Price/Sqft
$672
HOA
-
Days on market
-
Sold On
-
MLS number
25546155
Home ConditionExcellent
Features
Patio
View-

About this home

Completely Remodeled Beauty in Prime Lake Balboa! Welcome to your dream home! This stunningly remodeled 4-bedroom, 3-bathroom residence is located on a beautiful, street in the highly desirable Lake Balboa neighborhood. From top to bottom, no detail has been overlooked this home is the perfect blend of modern elegance and everyday comfort. Step inside to find a bright and open floor plan with recessed lighting, laminated flooring, and a cozy fireplace with a custom mantle that creates the perfect gathering spot in the spacious living room. The kitchen is a true highlight, featuring stainless steel appliances, nice cabinetry, quartz countertops. All bathrooms have been tastefully updated with modern fixtures. Enjoy beautifully landscaped front yard and a backyard perfect for relaxing or hosting friends and family. This home is located close to parks, shopping and dining. Don't miss this opportunity to own a turnkey home in one of the Valley's most sought-after neighborhoods.

Nearby schools

3/10
Anatola Avenue Elementary School
Public,•K-5•0.4mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.4mi
7/10
Stagg Street Elementary School
Public,•K-5•0.5mi
3/10
Gault Street Elementary School
Public,•K-5•0.5mi
3/10
Gault Street Elementary School
Public,•K-5•0.6mi
6/10
Lorne Street Elementary School
Public,•K-5•0.8mi
6/10
Lemay Street Elementary School
Public,•K-5•1.0mi
5/10
Lemay Street Elementary School
Public,•K-5•1.0mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.1mi
5/10
Cantara Street Elementary School
Public,•K-5•1.3mi
3/10
Bassett Street Elementary School
Public,•PK-5•1.9mi
4/10
Bassett Street Elementary School
Public,•K-5•1.9mi
4/10
Sylvan Park Elementary School
Public,•K-5•3.0mi
9/10
Kester Avenue Elementary School
Public,•K-5•3.9mi
3/10
William Mulholland Middle School
Public,•6-8•0.9mi
5/10
William Mulholland Middle School
Public,•6-8•1.1mi
3/10
Northridge Middle School
Public,•6-8•1.6mi
2/10
Van Nuys Middle School
Public,•6-8•4.1mi
4/10
Reseda Senior High School
Public,•9-12•1.7mi
7/10
Northridge Academy High
Public,•9-12•2.8mi
6/10
Van Nuys Senior High School
Public,•9-12•3.2mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.7mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.8mi
Condition Rating
Excellent
The property, built in 1950, has been completely remodeled. The description and images show a modern kitchen with stainless steel appliances and quartz countertops, updated bathrooms with modern fixtures, new laminated flooring, and recessed lighting. The extensive remodeling suggests that the property meets current quality standards with minimal physical depreciation.
Pros & Cons

Pros

Complete Remodel: The property has been completely remodeled from top to bottom, offering a modern and updated living space.
Desirable Location: Located in the prime and highly sought-after Lake Balboa neighborhood.
Updated Kitchen: The kitchen features stainless steel appliances, nice cabinetry, and quartz countertops, making it a true highlight.
Updated Bathrooms: All bathrooms have been tastefully updated with modern fixtures.
Turnkey Condition: The home is in turnkey condition, ready for immediate move-in.

Cons

Price Reduction: The property has experienced a price reduction, which may indicate market resistance or perceived overpricing.
Year Built: Built in 1950, the property may have older infrastructure or require updates in the future despite the remodel.
Smaller Lot Size: The lot size is 6,251 sqft, which may be smaller compared to other properties in the area, potentially limiting outdoor space.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state