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Closed
- Listed price
- $855,000
- Listed Dec 15, 2014
- Sold price
- $800,000
- Sold Feb 5, 2015
24,586 sqft lot|1955 Built|54 MLS days on market
7254 Louise Ave, Lake Balboa, CA 91406
Property Description
LAND! LAND! LAND!. Over 24,000 sqft lot. Currently there are 3 houses on this lot each with their own Gas, Electricity and Water Meters. Plenty of room for expansion. Great investment opportunity. All houses are spacious. Each has 2 bedroom and one bathroom. House 1 is 1296 sqft, House 2 is 1144 sqft and House 3 is 864 sqft. The smallest house is currently occupied by tenants paying $1,600 per month, and this house has a fairly recently installed new package unit for heat and A/C. The other two houses are vacant. One of them just needs cleanup to be move-in ready. The other one needs a little more in the way of repairs, though it does have a newer roof just a few years old. There is a large 2 car detached garage, one car attached garage and a one car car-port, and there is also a large amount of driveway parking, easily enough for 2 cars per house. The tenants are willing to stay or leave, depending on the goals of the buyer. This great property is very centrally located in close proximity to shops, schools, transportation and freeways. You must see it!
Listing agent: Steven MajorDRE #01346774steve@majorpropertygroup.com, Listing office: Steve Major and Associates
MLS data updated 11/4/2026, 10:55:20 AM PT
Source: CRMLSMLS #: SR14258830
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$800,000
Feb 5, 2015
Available records22014–2015
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 91406 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 91406 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.