4 Days Ago
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7227 Forbes Ave, Van Nuys, CA 91406, USA|Lake Balboa
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About 7227 Forbes Ave
Just completed brand new 3-bedroom, 2-bath ADU offers modern living in a bright, thoughtfully designed space. The home features an open living area, stylish new kitchen with contemporary finishes and appliances. Enjoy natural light, and sleek bathrooms with modern tile and fixtures throughout. Located on a shared lot with a main home and another ADU, the property offers a comfortable, community-style residential environment in a desirable neighborhood near shops and lots of dining!!
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 7227 Forbes Ave compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 1 mile away
Address details
| Neighborhood | Lake Balboa |
|---|---|
| Zip code | 91406 |
| Type | House for rent |
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Rent trends in Lake Balboa
3-bedroom apartments at 7227 Forbes Ave cost about 8% less than the average rent price for 3-bedroom apartments in Los Angeles.
Median rents as of Apr 25 2026.
Lake Balboa
Los Angeles
| Month | Median Rent |
|---|---|
| May 2024 | $4,783 |
| June 2024 | $4,995 |
| July 2024 | $4,833 |
| August 2024 | $5,011 |
| September 2024 | $4,998 |
| October 2024 | $5,040 |
| November 2024 | $5,439 |
| December 2024 | $5,350 |
| January 2025 | $4,958 |
| February 2025 | $4,919 |
| March 2025 | $4,569 |
| April 2025 | $4,496 |
| May 2025 | $4,538 |
| June 2025 | $4,558 |
| July 2025 | $4,752 |
| August 2025 | $4,676 |
| September 2025 | $4,497 |
| October 2025 | $4,391 |
| November 2025 | $4,354 |
| December 2025 | $4,261 |
| January 2026 | $4,262 |
| February 2026 | $4,256 |
| March 2026 | $4,352 |
| April 2026 | $4,397 |
| Month | Median Rent |
|---|---|
| May 2024 | $3,431 |
| June 2024 | $3,484 |
| July 2024 | $3,668 |
| August 2024 | $3,710 |
| September 2024 | $3,818 |
| October 2024 | $3,961 |
| November 2024 | $4,019 |
| December 2024 | $3,975 |
| January 2025 | $4,050 |
| February 2025 | $3,904 |
| March 2025 | $3,778 |
| April 2025 | $3,912 |
| May 2025 | $3,859 |
| June 2025 | $3,724 |
| July 2025 | $3,844 |
| August 2025 | $3,977 |
| September 2025 | $4,132 |
| October 2025 | $3,863 |
| November 2025 | $3,919 |
| December 2025 | $3,937 |
| January 2026 | $3,950 |
| February 2026 | $3,963 |
| March 2026 | $3,984 |
| April 2026 | $3,990 |
Affordability calculator
Can I afford to live at 7227 Forbes Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$146,760/yr
With your selected rent-to-income ratio, you'd ideally want to make $146,760 annually to afford this 3-bedrooms monthly rent price of $3,669.
For more information on rent affordability, visit our rent calculator.
Schools near 7227 Forbes Ave
Gault Street Elementary School
17000 gault st
lake balboa, CA, 91406
K-5Public
B-
Lokrantz Special Education Center
19451 wyandotte st
reseda, CA, 91335
K-12Public
Charles Leroy Lowman Special Ed & Career Transition Center
12827 saticoy st
north hollywood, CA, 91605
K-12Public
Burbank Unified Independent Learning Academy (Buila)
3715 allan ave
burbank, CA, 91505
K-12Public
B+
Las Virgenes Independent
4029 las virgenes rd
calabasas, CA, 91302
K-8Public
A
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Internet available near 7227 Forbes Ave
Getting around Van Nuys near 7227 Forbes Ave
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 7227 Forbes Ave, Van Nuys
Groceries
4/10
At least one supermarket within a 30-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
2/10
Some bars within walking distance
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