6040 Nevada 7, Woodland Hills, California 91367, Woodland Hills, 91367 - 2 bed, 1 bath
ACTIVE$409,000
6040 Nevada 7, Woodland Hills, California 91367
2Beds
1Bath
812Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Comprehensive HOA Benefits: The HOA fee is exceptionally inclusive, covering property tax, earthquake insurance, water, hot water, trash, sewer, and all exterior maintenance, significantly reducing out-of-pocket expenses for the owner.
Top Cons:
Co-op Ownership Structure: The property's co-op status can present challenges, including stricter buyer approval processes, potentially higher down payment requirements, and limited financing options (as indicated by the 'preferred lender'), which may narrow the pool of eligible buyers.
Compared to the nearby listings
Price:$409.0K vs avg $510.0K ($-101,000)28%
Size:812 sqft vs avg 920 sqft28%
Price/sqft:$504 vs avg $55228%
More Insights
Condition: The property is described as 'beautifully updated' with 'new floors, new appliances, and new paint.' Images confirm a fully renovated kitchen with modern white shaker cabinets, granite countertops, and stainless steel appliances. The light wood-look flooring throughout is new, and the overall interior presents a fresh, contemporary, and move-in ready condition. While the building appears older, the unit itself has undergone extensive recent renovations, aligning with the 'extensively renovated within 5 years' criteria for an excellent score. The only minor point is the visible window AC unit, but this does not detract from the high quality of the interior finishes.
Year Built
Close
-
List price
$409K
Original List price
$409K
Price/Sqft
$504
HOA
$722.74
Days on market
-
Sold On
-
MLS number
25574469
Home ConditionExcellent
Features
Good View: Pool
Deck
Pool
ViewPool
About this home
Beautifully updated FURNISHED (or unfurnished) co-op in the heart of Woodland Hills. This coutyard setting unit has new floors, new appliances, new paint a large balcony facing the pool. The large gated complex includes landscaped grounds, 2 resurfaced, solar heated swimming pools, children's play structure, basketball court, BBQ area, putting green, and a recreation room with a full kitchen. HOA fee includes property tax, earthquake insurance, water, hot water, trash, sewer, property taxes, and all exterior maintenance. Full time maintenance crew and on-site office manager. Just minutes away from The Village, Topanga Social, Westfield Promenade, Amazon Fresh, Costco, and many more shops, restaurants and service. Property is a co-op and has a preferred lender.
Condition Rating
Excellent
The property is described as 'beautifully updated' with 'new floors, new appliances, and new paint.' Images confirm a fully renovated kitchen with modern white shaker cabinets, granite countertops, and stainless steel appliances. The light wood-look flooring throughout is new, and the overall interior presents a fresh, contemporary, and move-in ready condition. While the building appears older, the unit itself has undergone extensive recent renovations, aligning with the 'extensively renovated within 5 years' criteria for an excellent score. The only minor point is the visible window AC unit, but this does not detract from the high quality of the interior finishes.
Pros & Cons
Pros
Comprehensive HOA Benefits: The HOA fee is exceptionally inclusive, covering property tax, earthquake insurance, water, hot water, trash, sewer, and all exterior maintenance, significantly reducing out-of-pocket expenses for the owner.
Extensive Community Amenities: The gated complex offers a resort-like living experience with two solar-heated pools, a children's play structure, basketball court, BBQ area, putting green, and a recreation room, catering to diverse recreational needs.
Updated & Move-in Ready Interior: The unit boasts recent updates including new floors, appliances, and paint, making it a turn-key property that can be offered furnished or unfurnished, appealing to a wide range of buyers.
Prime Woodland Hills Location: Situated in the heart of Woodland Hills, the property offers unparalleled convenience with close proximity to major shopping centers (The Village, Westfield Promenade), dining, and essential services like Amazon Fresh and Costco.
Desirable Pool View & Balcony: The unit features a large balcony directly facing the pool, providing a pleasant view and an inviting outdoor space for relaxation and enjoyment.
Cons
Co-op Ownership Structure: The property's co-op status can present challenges, including stricter buyer approval processes, potentially higher down payment requirements, and limited financing options (as indicated by the 'preferred lender'), which may narrow the pool of eligible buyers.
High Monthly HOA Fee: Despite its comprehensive inclusions, the monthly HOA fee of $722.74 is substantial and could be a significant ongoing cost for potential buyers.
Compact Living Space: At 812 square feet for a 2-bedroom unit, the property offers a relatively compact living space, which might not meet the needs of buyers seeking larger residences or those with families.