15 days on rocket

7045 Woodley Ave Unit 111, Van Nuys, CA, 91406

$475,000

Home List Price

$5,641*

Closing Credit

2 Bedrooms
2 Full Baths
865 SqFt
$549/SqFt
Condo
Schools Nearby

Location

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7045 Woodley Ave Unit 111, Los Angeles$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Gated, Private, Tandem
Garage2 spaces
Year Built1989
HeatingCentral, Fireplace(s)
CoolingCentral Air
FireplaceGas, Living Room
ViewNone
MLS #OC24096447
Lot Size0.87 Acres
StatusActive

About 7045 Woodley Ave Unit 111

Fully remodeled condo and affordable 2 bedroom, 2 bathroom lower unit condo located in the desirable Lake Balboa community of the San Fernando Valley. Step inside to the spacious 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 & 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 just 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, don’t miss the opportunity to make this charming and affordable condo in Lake Balboa your own!

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 1
  • Living Area: 865 SqFt

Listing Office:

  • Office Name: K Pacific Group
  • Office Phone: (714) 724-9100
  • Listing Agent: Babak Khorashadi

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Flooring Type: Laminate
  • Interior: All Bedrooms Down, Bedroom on Main Level, Main Level Primary
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Garage, Gated, Private, Tandem

Lot Features

Lot Information:

  • Lot Size: 0.87 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • William Mulholland Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Bassett Street Elementary School, Public District Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: Exit Sherman, way on 405 head west ,on woodley make left and property on the right hand side

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $549/SqFt

HOA Fees:

  • Amount: $463
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,938
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

7045 Woodley Ave Unit 111 vs Los Angeles

15 DAYS ON ROCKET

-19 Days

$475,000

-$511.4K Less

$549/SqFt

-$83 Less

KEY TAKEAWAY

This property is $511.4K less than the Median Sold Price and $83/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24096447

Listing Office:

  • Office Name: K Pacific Group
  • Office Phone: (714) 724-9100
  • Listing Agent: Babak Khorashadi

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 11:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 28, 2010Home Sold
$130,000
Jun 22, 2009Home Sold
$171,000
Jan 31, 2007Home Sold
$284,000
Apr 28, 2005Home Sold
$20,337,200

Tax History

YEARPROP. TAXASSESSMENT
2021$1,938$155,012
2020$1,880$153,424
2019$1,864$150,417
2018$1,822$147,469
2017$1,822$144,578

History based on county public records data.

Payment Calculator

$2,901

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4022397
6
/10
  • Bassett Street Elementary School

  • 15756 Bassett St

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-4022398
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 9.37 miles

  • Public Magnet Grades 1-5

school-card-donut-4022399
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 11.22 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-4022400
5
/10
  • William Mulholland Middle School

  • 17120 Vanowen St

  • 1.30 miles

  • Public Magnet Grades 6-8

school-card-donut-4022401
4
/10
  • Studio

  • 2211 W Avenue 30

  • 15.60 miles

  • Public District Grades 6-8

High School

school-card-donut-4022402
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 1.14 miles

  • Public Magnet Grades 9-12

school-card-donut-4022403
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 19.16 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,774. Residents of Los Angeles, CA typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7045 Woodley Ave Unit 111

What is the listing price of this property?

The listing price of 7045 Woodley Ave Unit 111 property is $475,000.

What type of property is this?

The property 7045 Woodley Ave Unit 111 is a condo located in Van Nuys, California, 91406.

Is this property for sale now?

Active Listing: 7045 Woodley Ave Unit 111 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7045 Woodley Ave Unit 111 are:
Bassett Street Elementary School: GreatSchools Rating 6/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
William Mulholland Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,938 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 28, 2010 for $130,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7045 Woodley Ave Unit 111 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7045 Woodley Ave Unit 111 is 865 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7045 Woodley Ave Unit 111 is 1989.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles914067045 Woodley Ave Unit 111

This home is located at 7045 Woodley Ave Unit 111 in Van Nuys, CA and zip code 91406 in the The San Fernando Valley neighborhood. This 865 square foot home, which was built in 1989, sits on a 0.87 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $475,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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