7645 Genesta Avenue, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 2 bath
ACTIVE$1,100,000
7645 Genesta Avenue, Van Nuys, California 91406
3Beds
2Baths
1,064Sqft
8,814Lot
Price Vs. Estimate
The estimated value ($946,905.9) is $153,094.1 (13%) lower than the list price ($1,100,000). 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 = 8814, living area = 1064.
Top Cons:
Sold 'As-Is' Condition: The property is explicitly sold 'as-is,' transferring all responsibility for potential repairs or necessary upgrades to the buyer, which could lead to unforeseen expenses.
Compared to the nearby listings
Price:$1.10M vs avg $900.0K (+$200,000)85%
Size:1,064 sqft vs avg 1,494 sqft6%
Price/sqft:$1.0K vs avg $61099%
More Insights
Built in 1949 (76 years old).
Condition: Built in 1949, this property is sold 'as-is,' indicating potential for significant underlying issues. While one bathroom has been recently updated with modern finishes, the kitchen is severely outdated with old wood paneling, blue tiled countertops, and older appliances, requiring substantial rehabilitation. The age of the home combined with the 'as-is' clause suggests that major systems (electrical, plumbing, HVAC) are likely original or very old and will require significant investment.
Year Built
1949
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$1,034
HOA
-
Days on market
-
Sold On
-
MLS number
25624081
Home ConditionPoor
Features
Pool
Patio
View-
About this home
Beautifully maintained home in Lake Balboa, featuring 3 bedrooms and 2 bathrooms on a generously sized lot. Steps into backyard to discover a lush garden area, ideal for relaxing or outdoor enjoyment. Towards the rear of the property, a refreshing pool awaits- perfect for unwinding and enjoying warms summer days. Conveniently located near shopping centers, restaurants and major freeways. This house is to be sold as is condition. All Information deemed reliable but not guaranteed, the agent does not represent or guarantee the accuracy of the square footage, permits, number of bedrooms and lot size. Buyers to perform due diligence to all aspects of the property and satisfy themselves.
Nearby schools
7/10
Stagg Street Elementary School
Public,•K-5•0.2mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.7mi
3/10
Gault Street Elementary School
Public,•K-5•0.7mi
6/10
Lorne Street Elementary School
Public,•K-5•0.7mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.8mi
3/10
Gault Street Elementary School
Public,•K-5•0.8mi
6/10
Lemay Street Elementary School
Public,•K-5•1.3mi
5/10
Lemay Street Elementary School
Public,•K-5•1.4mi
5/10
Cantara Street Elementary School
Public,•K-5•1.4mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.4mi
3/10
Bassett Street Elementary School
Public,•PK-5•1.8mi
4/10
Bassett Street Elementary School
Public,•K-5•1.8mi
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•1.1mi
5/10
William Mulholland Middle School
Public,•6-8•1.3mi
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•2.0mi
7/10
Northridge Academy High
Public,•9-12•2.7mi
6/10
Van Nuys Senior High School
Public,•9-12•3.1mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.5mi
Price History
Date
Event
Price
02/14/06
Sold
$532,000
01/30/02
Sold
$205,000
Condition Rating
Poor
Built in 1949, this property is sold 'as-is,' indicating potential for significant underlying issues. While one bathroom has been recently updated with modern finishes, the kitchen is severely outdated with old wood paneling, blue tiled countertops, and older appliances, requiring substantial rehabilitation. The age of the home combined with the 'as-is' clause suggests that major systems (electrical, plumbing, HVAC) are likely original or very old and will require significant investment.
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 = 8814, living area = 1064.
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Desirable Outdoor Living: The property features a lush garden area and a refreshing pool, perfect for relaxation and outdoor enjoyment, situated on a generously sized 8,814 sqft lot.
Prime Location: Conveniently located in the Lake Balboa area, offering easy access to shopping centers, restaurants, and major freeways, enhancing its appeal and connectivity.
Well-Maintained Home: Described as a 'beautifully maintained home,' suggesting good upkeep and potentially reducing immediate cosmetic repair needs for a new owner.
Generous Lot Size: The 8,814 sqft lot provides ample space for outdoor activities, potential future expansion, or enhanced privacy, a valuable asset in urban areas.
Access to Quality Schools: Located near several public schools, including highly-rated elementary schools like Stagg Street Elementary (rating 7) and Kester Avenue Elementary (rating 9), a significant draw for families.
Cons
Sold 'As-Is' Condition: The property is explicitly sold 'as-is,' transferring all responsibility for potential repairs or necessary upgrades to the buyer, which could lead to unforeseen expenses.
Age of Property: Built in 1949, the home is over 70 years old, which may indicate aging infrastructure (e.g., plumbing, electrical, HVAC) that could require significant investment in the near future.
Buyer Due Diligence Emphasis: The listing strongly emphasizes that buyers must perform their own due diligence regarding square footage, permits, and other aspects, suggesting potential for discrepancies or unverified information.