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Corbin Terrace - 7240 Corbin Avenue, Reseda, CA 91335 Property Information

Corbin Terrace - 7240 Corbin Avenue, Reseda, CA 91335 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Corbin Terrace - 7240 Corbin Avenue, Reseda, CA 91335
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Address

Primary address 7240 Corbin Avenue, Reseda
Alternate address(es) 7240 N Corbin Ave
19645 W Sherman Way
Zip code 91335
County Los Angeles
Municipality Los Angeles
Neighborhood Reseda

Sales & Tax Overview for 7240 Corbin Avenue, Reseda

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Sale date 06/13/1994
Sale price $5,200,000
Arm's length
Current property tax $106,967

Lot & Building Information for 7240 Corbin Avenue, Reseda

Building sqft 78,566
Building class Five or More Apartments or Units - 4 Stories or Less with Pool (0501)
Acreage 2.385
Units 84
Year built 1985
Year last altered 1986
Stories 4
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 7240 Corbin Avenue, Reseda

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About 7240 Corbin Avenue, Reseda

What is the year built & the total sq. ft. for Corbin Terrace - 7240 Corbin Avenue, Reseda, CA 91335?

Corbin Terrace - 7240 Corbin Avenue, Reseda, CA 91335 was built in 1985 and has a total of 78,566 square feet.

What is the assessed value of Corbin Terrace - 7240 Corbin Avenue, Reseda, CA 91335 and the property tax paid?

Assessed at $7,924,458, the tax amount paid for Corbin Terrace - 7240 Corbin Avenue, Reseda, CA 91335 is $94,095.

When was Corbin Terrace - 7240 Corbin Avenue, Reseda, CA 91335 last sold?

Corbin Terrace - 7240 Corbin Avenue, Reseda, CA 91335 was last sold in 10/02/2017.

How many residential units does this building have?

This building has 84 residential unit(s).

Ownership Information

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Real Estate Reports:
Eliza Theiss, Jun 23, 2026 NYC Resale Gains & Losses: Every Borough Made Money in 2025, Except Manhattan
In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Huble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
World Cup ticket prices rival monthly housing expenses in the 11 U.S. host cities, with even the cheapest seats covering weeks or even months of rent or mortgage payments.
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Past Sales & Property History for 7240 Corbin Avenue, Reseda

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Purchase date Purchase price Buyer name Seller name
06/13/1994 $5,200,000
04/07/1993 $720,000
       
       
       
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Title Documents for 7240 Corbin Avenue, Reseda

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
08/30/2021 Modify Assignment of Rents
Modify Financing Statement
Modify Trust Deed
10/02/2017 Assignment of Rents
Financing Statement
Trust Deed
10/02/2017 Assignment of Rents
Financing Statement
Trust Deed
10/02/2017 Grant Deed
(File correction - Single parcel sale)
06/26/2015 Easement
02/16/2010 Modify Restriction
10/01/2008
10/01/2008 Assignment of Rents
12/08/1998 Deed
06/13/1994 Deed
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R: Recorded date
D: Document date

Property Taxes for 7240 Corbin Avenue, Reseda

Access detailed property tax data for Corbin Terrace - Corbin Terrace - 7240 Corbin Avenue, Reseda, CA 91335. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $94,095
Current property tax $106,967
Market value $7,924,458

Special Assessments And Penalties for 7240 Corbin Avenue, Reseda

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
06181 Greater L.A. County Vector Control District
00194 Health License Fees
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control

Assessment History for 7240 Corbin Avenue, Reseda

Here's the assessment & property tax history for 7240 Corbin Avenue, Reseda, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $7,924,458 1.1874 $94,095 +0.95%
2024-2025 $7,769,571 1.1997 $93,212 +2.02%
2023-2024 $7,617,721 1.1994 $91,367 +4.96%
2022-2023 $7,468,849 1.1655 $87,049 +1.15%
2021-2022 $7,322,896 1.1752 $86,059 -1.07%

Permits for 7240 Corbin Avenue, Reseda

The complete history of permits filed for 7240 Corbin Avenue, Reseda, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
03/03/2021
08/14/2017
08/14/2017
08/14/2017
08/04/2017
08/04/2017
08/04/2017
08/04/2017
08/04/2017
07/26/2016
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Los Angeles residential market stats

Median Sale Price
$995,000
-3.7% YoY
Median Price/Sqft
$650
-3.8% YoY
Los Angeles County Median Sale Price
$870,000
-0.6% YoY

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles County.

Check out recently sold homes in LOS-ANGELES and see how their prices compare.

Demographics by Zip Code

Total population 74,526
Median age 39.2
Average household income $104,223
Family households 70.8%
Occupied housing units 24,195
Owner occupied units 50.2%
People per household (average) 3.02
Median year structure built 1963
Median value for units with a mortgage $786,300
Median value for units without a mortgage $655,400

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map
Seismic gas shut off valve installed
Earthquake-induced liquefaction area

Transportation

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Neighbors for 7240 Corbin Avenue, Reseda

Here are the neighbors for Corbin Terrace - 7240 Corbin Avenue, Reseda.

Address Square feet Purchase date Purchase price
19518 Leadwell St, Reseda 1,508 01/20/2021
19651 Sherman Way, Reseda 2,856 05/27/2021
19610 Leadwell St, Reseda 1,907 08/15/2022
19609 Sherman Way, Reseda 115,261 09/21/2001 $11,800,118
19548 Leadwell St, Reseda 756 11/21/2016
19542 Leadwell St, Reseda 1,409 05/10/2012 $300,000
19659 Sherman Way, Reseda 2,442 05/27/2021
7244 Jumilla Ave, Winnetka 1,201 12/29/2023 $765,000
7256 Jumilla Ave, Winnetka 1,085 01/04/2022
19620 Leadwell St, Reseda 2,038 09/22/2017 $625,500
19619 Wyandotte St, Reseda 2,038 10/22/2019 $675,000
19532 Leadwell St, Reseda 1,180 10/01/2013 $418,000
19655 Sherman Way, Reseda 2,442 05/27/2021
7250 Jumilla Ave, Winnetka 1,860 12/23/2015
19552 Leadwell St, Reseda 1,344 10/22/2014
19538 Leadwell St, Reseda 984 09/18/2001 $54,000
19719 Sherman Way, Winnetka 1,452 12/21/2023 $4,270,000
19528 Leadwell St, Reseda 3,107 10/05/2001
19663 Sherman Way, Reseda 2,442 04/13/2020
19632 Leadwell St, Reseda 12/16/2025

Nearby ZIP Codes for 7240 Corbin Avenue, Reseda

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