7645 Genesta Avenue, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 2 bath
7645 Genesta Avenue
Van Nuys, California 91406
Property Price
SUMMARY
Analysis of 7645 Genesta Avenue, Van Nuys, California 91406 reveals a property with a current list price of $1,100,000, which is 4% above the estimated $1,047,383 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Van Nuys Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7645 Genesta Avenue Subject | $1,100,000* List Price | 3 | 2 | 1,064 | $984 | - |
A 7642 Wish Avenue Active | $875,000 List Price | 3 | 1 | 1,073 | $815 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
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 While one bathroom has been recently updated with modern finishes, the kitchen is severely outdated with old wood paneling, blue tiled countertops, and older appliances, requiring substantial rehabilitation.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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 7645 Genesta Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 8,814 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Van Nuys Unified Schools
Stagg Street Elementary School
Grades K-5 • 0.2 mi
Anatola Avenue Elementary School
Grades K-5 • 0.7 mi
Gault Street Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,064 | 1,508 | 10% |
| Lot Size | 8,814 | 6,550 | 86% |
| Price | $1.10M | $875.0K | 79% |
| Price per sq ft | $1.0K | $610 | 98% |
| Built year | 1949 | 1950 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 95 | 164 | 17% |
Pricing History
Listed for Sale
Dec 1, 2025
$1,100,000
Initial Listing
Sold
Feb 14, 2006
$532,000
Public Record
Sold
Jan 30, 2002
$205,000
Public Record