ActiveSingleFamilyResidence

7129 Forbes Avenue

Van Nuys, CA, 91406

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$1,190,000

MLS: SR25121239

Beds

4

Baths

3

Sq Ft

2,525

Lot

0.12 ac

Year Built

2007

MLS #

SR25121239

Days on Market

276

Listed

May 30, 2025

Description

This is a Short Sale. This lovely 2,525-square-foot home, constructed in 2007 in Van Nuys, offers 4 bedrooms and 3 bathrooms. The expansive primary suite includes an 18'x18' bedroom with two walk-in closets, dual sinks, a separate shower, and a soaking tub. A versatile downstairs bedroom is ideal for guests or a home office. The residence is equipped with modern conveniences like a dedicated laundry room, a two-car garage, and smart home features such as customized lighting, a smart lock, thermostat, and security cameras. Entertainment is enhanced by built-in surround sound speakers and a gas fireplace. Outdoors, the property boasts drought-tolerant ficus trees, a vertical garden, a strawberry patch, and a raised garden bed with an automatic watering system. Designed for privacy, this home is perfect for both indoor and outdoor entertaining. Make sure to come see.

Location

Van Nuys, Los Angeles County, CA 91406

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Listed by: Nairy Stepanyan · Coldwell Banker Hallmark Realty

Payment estimate

$8,566

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $119,000 · Loan: $1,071,000

%
Principal & Interest
$6,580
Property tax (1.25%)
$1,240
Homeowners insurance
$300
Mortgage insurance
$446
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Van Nuys home with as little as 3.5% down using an FHA loan — roughly $41,650 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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