513 Water Oak Lane B, Oak Park, California 91377, Oak Park, 91377 - 2 bed, 3 bath
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Oak Park, California 91377
This Move-In Ready Townhouse is listed at $720,000, representing a stable lifestyle investment near its $690,496 Fair Market Value. Boasting a Condition Rating of 3, this sanctuary features extensive recent upgrades including a new HVAC system and stainless appliances, complemented by a Private Patio and serene Mountain Views. The property’s standout feature is the assumable 2.25% FHA loan, offering rare monthly savings. Situated within the award-winning Oak Park Unified School District near the 10/10 rated Oak Park High School, this home is a premier choice for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 513 Water Oak Lane B Subject | $720,000* List Price | 2 | 3 | 1,204 | $574 | - |
A 513 Water Oak Lane D Sold | $615,000 | 2 | 3 | 1,204 | $511 | 0.0 mi |
B 4791 Parma Drive Sold | $770,000 | 2 | 3 | 1,240 | $621 | 0.9 mi |
C 6457 Winona Court Sold | $650,000 | 2 | 2 | 1,325 | $491 | 0.8 mi |
D 5824 Oak Bend Lane 108 Sold | $599,000 | 2 | 3 | 1,244 | $482 | 0.4 mi |
E 979 Quarterhorse Lane Sold | $815,000 | 3 | 3 | 1,373 | $594 | 0.6 mi |
F 6609 Poppyview Drive Sold | $760,000 | 3 | 3 | 1,514 | $502 | 0.6 mi |
G 4790 Gondola Active | $720,000 List Price | 2 | 3 | 1,240 | $581 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent upgrades including a new HVAC system with updated ducting, a new water heater, and new stainless steel appliances. While the home was built in 1989, the addition of new flooring, fresh interior paint, and well-maintained systems aligns with the 'good' criteria, as it requires no immediate renovation and major components are within their functional lifespan.
High School: Oak Park High School (10/10).
The availability of an assumable 2.25% FHA loan is a rare and significant financial incentive that offers substantial monthly savings compared to current market interest rates.
Located within the award-winning Oak Park Unified School District with a top-rated high school (Rating 10) nearby, ensuring long-term property value and high demand.
The association fee of $698 per month is relatively high for a townhouse of this size, which may impact the overall affordability and debt-to-income ratio for some buyers.
With 1,204 square feet of living area, the footprint is somewhat limited for a multi-level home, which may feel restrictive for those seeking larger communal living spaces.
RARE OPPORTUNITY IN OAK PARK WITH AN ASSUMABLE 2.25% FHA LOAN AVAILABLE FOR QUALIFIED BUYERS! Welcome to 513 Water Oak Ln Unit B, a beautifully updated home located in the desirable Shadow Oaks community and within the award-winning Oak Park school district. The light-filled floor plan features soaring ceilings, an open living and dining area with a cozy fireplace, and a kitchen with stainless steel appliances and ample cabinetry. A private patio offers space for outdoor dining and relaxing. Recent upgrades include new flooring, fresh interior paint, new appliances, a new water heater, and a new HVAC system with updated ducting, providing modern comfort and efficiency. Upstairs, the spacious double primary suites offer high ceilings, generous closet space, and ensuite bathrooms. Community amenities include a pool, spa, and fitness room, with convenient access to nearby parks, hiking trails, shopping, and dining.
No exterior & parking available.
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,204 | 1,294 | 29% |
| Lot Size | 1,204 | 1,204 | 50% |
| Price | $720.0K | $760.0K | 29% |
| Price per sq ft | $598 | $554 | 71% |
| Built year | 1989 | 1989 | 50% |
| HOA | $698.0 | $486 | 86% |
| Days on market | 37 | 160 | 14% |
Mar 16, 2026
$720,000
Initial Listing
Sep 2, 2021
$560,000
Public Record
Feb 9, 2018
$458,591
Public Record