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$475,000   Price Analysis
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7045 Woodley Ave Unit 111
Van Nuys, CA 91406
2 bed 2 bath 865 SqFt ($549/SqFt)
0.87 acre lot. Built 1989
Listed 2024-05-13, HOA $463, Taxes $1,965
Ⓧ USDA Ineligible
due to location

near Los Angeles

Fully remodeled condo and affordable 2 bedroom

2 bathroom lower unit condo located in the desirable Lak Balboa community of the San Fernando Valley. Step inside to the vast open layout that seamlessly connects the living, dining and kitchen areas. The large primary bedroom features an en-suite bathroom and a walk-in closet. Additional property features include hookup in-unit stackable washer and dryer, central HVAC and fireplace in the living room. The community amenities include water and trash is include in HOA, gym, sauna and pool, providing opportunities for relaxation and staying active.

You'll also have the convenience of two parking spaces. The location is unbeatable, with a variety of restaurants, retail options and a grocery store within walking distance. Enjoy the close proximity to Lake Balboa and Park, multiple golf courses, Van Nuys Airport and the enchanting Japanese Garden. Commuting is a breeze with easy access to the 405 freeway and Orange Metro Link. Plus, you're a short distance away from the vibrant neighborhoods of Encino and Sherman Oaks. This property is ideal for first-time buyers or investors looking for rental income, dont miss the opportunity to make this charming and affordable condo in Lake Balboa your own!


Presented by Babak Khorashadi at
K Pacific Group.


Property MLS #OC24096447 from CRMLS

Bedrooms: 2
Bedrooms On Main Level: 2

Total Bathrooms: 2
Full Bathrooms: 2
Bathrooms On Main Level: 2
Bathroom 1 Features: Bathtub, Shower in Tub, Closet in bathroom, Main Floor Full Bath, Quartz Counters, Remodeled

Kitchen Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, In Closet, Inside

All Bedrooms Down, Family Room, Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom
Exercise Room: Yes

Cooling Features: Central Air
Fireplace Features: Fireplace: Yes
Heating Features: Central, Fireplace(s)
Heating: Yes

Breakfast Room Description: Breakfast Counter / Bar, Dining Room
Kitchen Features: Kitchen Island, Kitchen Open to Family Room, Quartz Counters, Remodeled Kitchen

Flooring: Laminate

Pool Features: Association

Carport Spaces: 2
Garage Spaces: 2
Garage Description: Detached
Parking Features: Parking YN: Yes, Parking Features: Assigned, Garage, Gated, Private, Tandem Garage
Parking Total: 4

Lot Size Acres: 0.8652
Lot Size Source: Assessor
Lot Size Square Feet: 37687

Association: Yes
Association Amenities: Pool, Sauna, Gym/Ex Room, Trash, Water
Association Fee: 463
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 463

School District: Call Listing Office

Bassett Street Elementary School is a public elementary school located approximately 0.4 miles away.
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William Mulholland Middle School is a public middle school located approximately 1.3 miles away.
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Valley School is a private elementary and middle school located approximately 0.5 miles away.
directions icon Map directions

Lake Balboa College Preparatory Magnet K-12 is a public elementary, middle and high school located approximately 1.1 miles away.
directions icon Map directions

Community Features: Sidewalks, Street Lights

Source Listing Status: Active
County: Los Angeles
Directions: Exit Sherman, way on 405 head west , on woodley make left and property on the right hand side
Source Property Type: Residential
Area: VN - Van Nuys
Property Subtype: condo
Source Neighborhood: VN - Van Nuys
Parcel Number: 2224010088
Postal Code Plus 4: 3952
Zoning: LAR3
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$126,495 + $31,616
$158,111
$1,965
2021$124,015 + $30,997
$155,012
$1,938
2020$122,744 + $30,680
$153,424
$1,955
2019$120,338 + $30,079
$150,417
$1,880
2018$117,979 + $29,490
$147,469
$1,864
2017$115,666 + $28,912
$144,578
$1,821
2016$113,399 + $28,346
$141,745
$1,773
2015$111,696 + $27,921
$139,617
$1,748
2014$109,509 + $27,375
$136,884
$1,760
2013$109,015 + $27,252
$136,267
$1,760
2012$106,878 + $26,718
$133,596
$1,784
2010$104,783 + $26,195
$130,978
$1,939
2009$71,100 + $131,300
$202,400
$2,565
2009$101,800 + $43,200
$145,000
$2,565
2008$95,000 + $175,000
$270,000
$3,307
2007$54,100 + $208,080
$262,180
$3,167

Listed for rent 2024-05-13
$2,800
CRMLS
Listed 2024-05-13
$475,000
CRMLS
Listing removed 2024-04-18
$0
CRMLS
Price Changed 2024-02-21
$475,000
CRMLS
Listed 2024-01-16
$499,900
CRMLS
Listing removed 2013-06-05
$1,350
CRMLS
Listed for rent 2013-05-14
$1,350
CRMLS
Sold 2010-11-11
$130,000
SoCalMLS
Listing removed 2010-06-08
$1,295
TheMLSCLAW
Listing removed 2010-04-29
$1,295
ITECH
Listing removed 2010-03-31
$1,295
ITECH
Listed for rent 2010-03-30
$1,295
ITECH
Listed 2010-03-30
$1,295
ITECH
Listed for rent 2010-03-30
$1,295
TheMLSCLAW
Relisted 2010-02-11
$120,000
SoCalMLS
Listing removed 2010-02-10
$120,000
SoCalMLS
Sold 2010-02-06
$130,000
CRISNET
Relisted 2010-01-25
$120,000
SoCalMLS
Listing removed 2010-01-17
$120,000
SoCalMLS
Listed 2010-01-14
$120,000
SoCalMLS
Listed 2009-12-22
$120,000
CRISNET
Listed 2009-12-22
$120,000
ITECH
Sold 2007-01-31
$284,000
Public Record
Sold 2005-04-28
$20,337,200
Public Record
Sold 1996-06-28
$1,292,500
Public Record

Total Square Feet Living: 865
Year Built: 1989
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: front
Living Area Source: Assessor
Property Age: 35
Property Attached: Yes
Property Condition: Turnkey, Updated/Remodeled
Levels or Stories: One
Building Total Stories: 1
Structure Type: Multi Family
Year Built Source: Assessor

Sewer: Public Sewer
Cable Connected
Electricity Connected
Natural Gas Connected
Water Source: Public
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kitchen

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.