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7038 Mclennan Avenue, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 2 bath

7038 Mclennan Avenue, Van Nuys, California 91406 home-pic-0
ACTIVE UNDER CONTRACT$799,000
7038 Mclennan Avenue, Van Nuys, California 91406
3Beds
2Baths
1,887Sqft
7,017Lot
Year Built
1955
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$423
HOA
-
Days on market
-
Sold On
-
MLS number
25611659
Home ConditionPoor
Features
Pool
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,6 Pros. Rank: price - $799.0K(26th), sqft - 1887(79th), beds - 3(50th), baths - 2(50th).

***Court Confirmation is set for January 8, 2026 at 8:30 AM in Probate Department 5 (2nd floor) at 111 North Hill Street, Los Angeles, CA 90012. The minimum overbid shall be $803,750. Qualified overbidders must bring a cashier's check for 10% of the total purchase price made payable to "Wonderland Escrow"** Trust Sale with Court Confirmation REQUIRED. Investors' delight, being sold as-is! Don't miss this Lake Balboa gem! This spacious single-story home features 4 bedrooms, 2 bathrooms, and nearly 1,900 sq ft of thoughtfully designed living space. The expansive family room impresses with its vaulted exposed-beam ceilings and striking fireplace, while the living room offers a second cozy hearth for relaxing evenings. Enjoy a formal dining area with elegant double doors, warm wood and tile flooring, and year-round comfort with central air. Step outside to a private backyard retreat complete with a sparkling, fenced-in pool perfect for entertaining or unwinding. A 2-car garage with brick-accented driveway adds charm and convenience. Ideally located close to Lake Balboa Park, Sepulveda Basin recreation, golf courses, and easy freeway and transit access. **OFFER DEADLINE IS MONDAY, NOVEMBER 10, 2025 at 5:00pm**

Nearby schools

3/10
Gault Street Elementary School
Public,•K-5•0.2mi
3/10
Gault Street Elementary School
Public,•K-5•0.3mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.9mi
6/10
Lemay Street Elementary School
Public,•K-5•0.9mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.9mi
5/10
Lemay Street Elementary School
Public,•K-5•1.0mi
7/10
Stagg Street Elementary School
Public,•K-5•1.0mi
3/10
Bassett Street Elementary School
Public,•PK-5•1.3mi
4/10
Bassett Street Elementary School
Public,•K-5•1.4mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.4mi
6/10
Lorne Street Elementary School
Public,•K-5•1.5mi
5/10
Cantara Street Elementary School
Public,•K-5•2.0mi
4/10
Sylvan Park Elementary School
Public,•K-5•2.4mi
9/10
Kester Avenue Elementary School
Public,•K-5•3.2mi
3/10
William Mulholland Middle School
Public,•6-8•0.5mi
5/10
William Mulholland Middle School
Public,•6-8•0.6mi
3/10
Northridge Middle School
Public,•6-8•2.3mi
2/10
Van Nuys Middle School
Public,•6-8•3.5mi
4/10
Reseda Senior High School
Public,•9-12•1.9mi
6/10
Van Nuys Senior High School
Public,•9-12•2.6mi
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•4.3mi

Price History

Date
Event
Price
10/30/25
Listing
$799,000
Condition Rating
Poor
Built in 1955, this property is being sold 'as-is' and requires substantial repairs and rehabilitation. The kitchen features extremely outdated tile countertops and cabinets, with no visible modern appliances, necessitating a full renovation. Bathrooms are severely dated with pink tiles and fixtures, also requiring a complete overhaul. Hardwood flooring in bedrooms shows significant water damage/stains, and the family room has unfinished concrete. The pool is empty and dirty, indicating major repairs are needed. While the home has some appealing architectural features like vaulted ceilings, the overall condition of major components and aesthetics is very poor, making it uncomfortable to live in its current state without significant investment.
Pros & Cons

Pros

Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Generous Living Space: A spacious single-story home offering nearly 1,900 sq ft with 4 bedrooms and 2 bathrooms, providing ample room for families.
Architectural & Interior Features: Boasts an expansive family room with vaulted exposed-beam ceilings and a striking fireplace, a second living room with a hearth, and warm wood/tile flooring.
Private Outdoor Oasis: Features a private backyard retreat with a sparkling, fenced-in pool, ideal for recreation and entertaining.
Excellent Location & Accessibility: Strategically located near Lake Balboa Park, Sepulveda Basin recreation, golf courses, and provides convenient freeway and transit access.
Essential Comforts & Convenience: Equipped with central air for year-round comfort and includes a practical 2-car garage with an attractive brick-accented driveway.

Cons

Complex Transaction Process: The sale is subject to a complex court confirmation process with a minimum overbid, potentially extending the transaction timeline and requiring specific buyer qualifications.
Sold 'As-Is' Condition: Offered in 'as-is' condition, implying that the buyer will be responsible for any necessary repairs, upgrades, or deferred maintenance.
Property Age & Potential Updates: Built in 1955, the home may require significant updates to its systems, aesthetics, or infrastructure to align with contemporary buyer expectations.

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