7035 Woodley 205, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 2 bath
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Van Nuys, California 91406
This Move-In Ready Condominium is listed at $405,000, representing a stable valuation relative to its $387,118 Fair Market Value. The property offers exceptional value through a Seller-Paid HOA Special Assessment, City Lights views, and the inclusion of a Brand New Washer and Dryer. The interior boasts a Granite Kitchen, Stainless Steel Appliances, and New Energy-Efficient Windows, maintaining a well-preserved Condition Rating of 4. Located near William Mulholland Middle School, this is an ideal home for Owner-Occupants or first-time buyers seeking a polished, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7035 Woodley 205 Subject | $405,000* List Price | 2 | 2 | 907 | $427 | - |
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 moderate renovation needed.
Built in 1989, this condo is well-maintained and move-in ready, but shows clear signs of its age. While it features some modern updates such as laminate flooring, recessed lighting, granite countertops, and stainless steel appliances, the bathrooms remain dated with older tile-top vanities and standard fixtures. The kitchen cabinets appear to be older units that have been painted. The exterior and common areas show some deferred maintenance, such as peeling paint on the fascia. It fits the 'fair' criteria as a property over 20 years old with occasional updates rather than a comprehensive recent renovation.
The seller's commitment to paying off the HOA special assessment in full, combined with the inclusion of a brand-new washer and dryer, provides substantial upfront savings and immediate value for the buyer.
The unit benefits from newly installed energy-efficient windows and a brand-new complex-wide roof, ensuring better climate control and reducing the likelihood of near-term maintenance issues.
The condo features a contemporary aesthetic with granite countertops, stainless steel appliances, laminate flooring, and crown molding, making it a truly move-in-ready opportunity.
The monthly HOA fee of $514.63 is relatively high for a sub-1,000 square foot unit, which may affect the debt-to-income ratio for some prospective buyers.
The local public schools assigned to this property have modest ratings ranging from 3 to 5, which may be a drawback for families prioritizing top-tier educational districts.
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. A new roof has been installed throughout the complex and upgraded energy efficient windows have been installed for this unit. Wait and there is more, brand new washer and dryer will be included as well. To make it even 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!!
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 | 907 | 1,052 | 11% |
| Lot Size | 37,720 | 49,421 | 44% |
| Price | $405.0K | $405.0K | 50% |
| Price per sq ft | $447 | $398 | 78% |
| Built year | 1989 | 1981 | 67% |
| HOA | $514.63 | $495 | 56% |
| Days on market | 161 | 217 | 33% |
Nov 12, 2025
$405,000
Initial Listing
Jan 12, 2021
$350,000
Public Record
Sep 27, 2013
$200,000
Public Record
Sep 21, 2009
$156,000
Public Record
Apr 18, 2006
$258,000
Public Record