7035 Woodley 116, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 2 bath
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Van Nuys, California 91406
This Modern Turnkey Condominium is listed at $393,000, offering exceptional price stability perfectly aligned with its $393,000 Fair Market Value. The residence maintains a Good Condition Rating following recent interior upgrades, including a Renovated Kitchen with quartz countertops and stainless-steel appliances. Residents benefit from extensive Community Amenities such as a pool, gym, and sauna within a secure, gated complex. Located minutes from Lake Balboa Park and served by the Los Angeles Unified district, this home balances financial logic with lifestyle perks. It is a perfect fit for first-time buyers or professionals seeking a polished, move-in-ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7035 Woodley 116 Subject | $393,000* List Price | 2 | 2 | 878 | $448 | - |
A 15455 Sherman Way 18 Sold | $380,000 | 2 | 2 | 973 | $391 | 0.8 mi |
B 15455 Sherman Way 15 Sold | $465,000 | 2 | 2 | 1,052 | $442 | 0.8 mi |
C 16715 Vanowen Sold | $300,000 | 1 | 2 | 930 | $323 | 0.8 mi |
D 7045 Woodley Avenue 110 Active | $395,000 List Price | 2 | 2 | 813 | $486 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This condo, built in 1989, has undergone significant and recent interior renovations, placing it firmly in the 'Good' category. The kitchen features modern gray shaker-style cabinetry, light quartz countertops, and stainless-steel appliances, all appearing to be in excellent condition and updated within the last 5-10 years. The living areas boast contemporary light gray laminate flooring and upgraded recessed lighting, along with a modern chandelier. While the bedroom has carpet, it appears clean and well-maintained, complemented by a modern ceiling fan. The description also notes tile flooring in the primary bath, suggesting updates there as well. The property is move-in ready with no immediate renovations required, and the major cosmetic systems are functional and stylish, aligning with the criteria for a 'Good' condition score despite the building's overall age.
The kitchen features modern cabinetry, quartz countertops, and stainless-steel appliances, complemented by upgraded lighting and tile flooring in the primary bath, offering a contemporary living space.
Situated next to Lake Balboa Park, with convenient access to the 405 freeway, and close proximity to various restaurants, stores, and entertainment options.
Residents can enjoy a range of amenities including a pool, hot tub, gym, and sauna, all within a fully gated community providing private access.
The association fee of $507.0 is substantial and adds a significant recurring cost to homeownership, potentially impacting affordability for some buyers.
With 878 sqft, the unit is relatively small for a 2-bedroom, 2-bathroom configuration, which may limit living space and appeal to buyers seeking more expansive interiors.
Built in 1989, the building is 35 years old. While the unit has modern updates, the age of the overall building infrastructure could imply potential for future maintenance or special assessments.
Perfect investment opportunity! Stylish single-story condo with a modern touch, offering 2 bedrooms and 2 bathrooms in prime location next to Lake Balboa. Step into the bright and spacious living room with a charming fireplace, upgraded lighting that flows seamlessly into the dining area. The kitchen features modern cabinetry, quartz countertops, and stainless-steel appliances for a sleek look. The Primary Suite is spacious and boasts a walk-in closet, ceiling fans and a private bath with tile flooring. The second bedroom features a newer ceiling fan and wall-to-wall mirrored closet doors. There is a full restroom in the hallway and a convenient in-unit washer and dryer. The parking garage offers two assigned covered parking spaces. Enjoy the community amenities as well such as the pool, hot tub, gym, and sauna. This community is fully gated with private access only. The location is ideal, just minutes away from Lake Balboa Park, convenient access to the 405 freeway, and close to many restaurants, stores, and entertainment.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 878 | 1,052 | 11% |
| Lot Size | 37,720 | 49,421 | 44% |
| Price | $393.0K | $393.0K | 50% |
| Price per sq ft | $448 | $398 | 78% |
| Built year | 1989 | 1981 | 67% |
| HOA | $507.0 | $495 | 56% |
| Days on market | 142 | 217 | 33% |
Mar 5, 2026
$393,000
$399,999
-2% Price Drop
Initial Listing
Dec 1, 2025
$399,999
Initial Listing
Aug 31, 2023
$383,500
Public Record
Apr 11, 2016
$230,000
Public Record
Feb 11, 2011
$139,000
Public Record
Apr 18, 2007
$271,500
Public Record