7035 Woodley 205, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 2 bath
7035 Woodley 205
Van Nuys, California 91406
Property Price
SUMMARY
Analysis of 7035 Woodley 205, Van Nuys, California 91406 is currently available with a list price of $405,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Van Nuys Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1989, this condo has undergone significant updates, including laminate flooring, crown molding, recessed lighting, granite countertops, and stainless steel appliances in the kitchen, making it move-in ready. The complex also benefits from a new roof and upcoming upgraded windows, with the seller covering the HOA special assessment. While the kitchen is well-updated, the bathroom appears less modern, and some underlying building systems may still be original, preventing an 'Excellent' rating. However, the overall condition is well-maintained with recent major improvements.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Capital Improvements & Seller Paid Assessment
The complex has a new roof, upcoming upgraded windows, and the seller is paying off the HOA special assessment, indicating a well-maintained property and immediate financial benefit to the buyer.
- Updated Interior Features
The condo boasts modern finishes including laminate flooring, crown molding, recessed lighting, granite countertops, and stainless steel appliances, making it move-in ready and appealing.
- Desirable Community Amenities
Residents have access to a fitness center and sauna, enhancing the lifestyle and value proposition of the condominium complex.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fee
The $514.63 monthly HOA fee is substantial and adds a significant recurring cost to homeownership, which could impact affordability for some buyers.
- Older Building Systems (Potential)
Built in 1989, while recent roof and window upgrades are positive, other major building systems (e.g., plumbing, electrical, HVAC) may be original or older, potentially requiring future maintenance or upgrades.
- Limited Square Footage
At 907 sqft, the unit offers relatively compact living space for a 2-bedroom condo, which might be a constraint for buyers seeking more expansive interiors.
About 7035 Woodley 205
Welcome to your new home in the heart of Van Nuys! This charming 2-bedroom, 2-bath condo offers comfort, convenience, and a great community lifestyle. The open living area features laminate flooring, crown molding, recessed lighting, and a cozy fireplace. The kitchen includes granite countertops, ample cabinetry, and stainless steel appliances. The primary suite offers a walk-in closet and private bath, while the second bedroom is perfect for guests or a home office. Enjoy community amenities such as a fitness center and sauna. The HOA is doing several community improvements aimed at enhancing safety, appearance, and overall property value — making this complex even more desirable for residents and future homeowners. Wait and there is more, a new roof has been installed throughout the complex and upgraded windows for each unit is soon to be installed. To make it even way better, seller will payoff the HOA special assessment! Conveniently located near shopping, dining, and freeway access. Move-in ready and full of potential. - PRICED TO SELL!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 37,720 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $514.63 / Month
Neighborhood Insights
Van Nuys Unified Schools
Bassett Street Elementary School
Grades PK-5 • 0.5 mi
Bassett Street Elementary School
Grades K-5 • 0.5 mi
William Mulholland Middle School
Grades 6-8 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 907 | 1,063.5 | 17% |
| Lot Size | 37,720 | 43,570.5 | 50% |
| Price | $405.0K | $435.0K | 50% |
| Price per sq ft | $447 | $414 | 83% |
| Built year | 1989 | 1985 | 50% |
| HOA | $514.63 | $495 | 67% |
| Days on market | 114 | 156 | 33% |
Pricing History
Listed for Sale
Nov 12, 2025
$405,000
Initial Listing
Sold
Jan 12, 2021
$350,000
Public Record
Sold
Sep 27, 2013
$200,000
Public Record
Sold
Sep 21, 2009
$156,000
Public Record
Sold
Apr 18, 2006
$258,000
Public Record