7035 Woodley Avenue 116, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 2 bath
ACTIVE$395,000
7035 Woodley Avenue 116, Van Nuys, California 91406
2Beds
2Baths
878Sqft
37,720Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Modern & Upgraded Interior: The condo features a stylish, modern interior with upgraded lighting, a kitchen boasting modern cabinetry, quartz countertops, and stainless-steel appliances, and a spacious primary suite with a walk-in closet.
Top Cons:
High Monthly Association Fee: The $507.0 monthly association fee is substantial and significantly adds to the overall cost of ownership, potentially impacting affordability.
Compared to the nearby listings
Price:$395.0K vs avg $487.5K ($-92,500)25%
Size:878 sqft vs avg 1,130 sqft13%
Price/sqft:$450 vs avg $43475%
More Insights
Built in 1989 (36 years old).
Condition: The property, built in 1989, has undergone significant modern updates, particularly in the kitchen which features modern cabinetry, quartz countertops, and stainless-steel appliances, as confirmed by the images. The living areas also showcase upgraded lighting and newer-looking laminate flooring. While the bathroom appears clean and functional, its style, particularly the tile and vanity, suggests it might be an older renovation or well-maintained original, rather than brand new. However, the presence of a new in-unit washer and dryer adds to its appeal. The overall condition indicates a move-in ready home with key areas extensively renovated within the last 5-15 years, aligning with a 'Good' rating.
Year Built
1989
Close
-
List price
$395K
Original List price
$415K
Price/Sqft
$450
HOA
$507
Days on market
-
Sold On
-
MLS number
SR25053560
Home ConditionGood
Features
ViewNeighborhood
About this home
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.
Nearby schools
3/10
Bassett Street Elementary School
Public,•PK-5•0.5mi
4/10
Bassett Street Elementary School
Public,•K-5•0.5mi
5/10
William Mulholland Middle School
Public,•6-8•1.3mi
3/10
William Mulholland Middle School
Public,•6-8•1.3mi
Condition Rating
Good
The property, built in 1989, has undergone significant modern updates, particularly in the kitchen which features modern cabinetry, quartz countertops, and stainless-steel appliances, as confirmed by the images. The living areas also showcase upgraded lighting and newer-looking laminate flooring. While the bathroom appears clean and functional, its style, particularly the tile and vanity, suggests it might be an older renovation or well-maintained original, rather than brand new. However, the presence of a new in-unit washer and dryer adds to its appeal. The overall condition indicates a move-in ready home with key areas extensively renovated within the last 5-15 years, aligning with a 'Good' rating.
Pros & Cons
Pros
Modern & Upgraded Interior: The condo features a stylish, modern interior with upgraded lighting, a kitchen boasting modern cabinetry, quartz countertops, and stainless-steel appliances, and a spacious primary suite with a walk-in closet.
Prime Location & Accessibility: Ideally located next to Lake Balboa Park, offering recreational opportunities, with convenient access to the 405 freeway, numerous restaurants, stores, and entertainment options.
Extensive Community Amenities: Residents enjoy a comprehensive suite of community amenities including a pool, hot tub, gym, and sauna, enhancing the lifestyle and value proposition.
Enhanced Security & Parking: The community is fully gated with private access, and the unit includes two assigned covered parking spaces, providing security and convenience.
In-Unit Laundry & Functional Layout: Features a convenient in-unit washer and dryer, and a single-story layout with 2 bedrooms and 2 bathrooms, including a spacious primary suite.
Cons
High Monthly Association Fee: The $507.0 monthly association fee is substantial and significantly adds to the overall cost of ownership, potentially impacting affordability.
Compact Living Space: With 878 sqft, the unit offers relatively compact living space for a 2-bedroom, 2-bathroom configuration, which may feel restrictive for some buyers.
Recent Price Reduction: The property has seen a price reduction from its original list price, which could indicate initial overpricing or a slower market response, potentially raising buyer questions.