7045 Woodley Avenue 120, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 3 bath

7045 Woodley Avenue 120, Van Nuys, California 91406 home-pic-0
ACTIVE$470,000
7045 Woodley Avenue 120, Van Nuys, California 91406
3Beds
3Baths
1,216Sqft
37,687Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Located in the desirable Lake Balboa neighborhood, offering proximity to Lake Balboa Park, shopping, dining, and transportation (101 and 405 freeways).
Top Cons:
Association Fees: The monthly association fee of $597.00 could be a deterrent for some buyers.

Compared to the nearby listings

Price:$470.0K vs avg $487.5K ($-17,500)38%
Size:1,216 sqft vs avg 1,179 sqft50%
Price/sqft:$387 vs avg $42925%

More Insights

Built in 1989 (36 years old).
Condition: The property, built in 1989, shows some updates, particularly the stainless steel kitchen appliances. However, the kitchen cabinets and bathroom fixtures appear dated. The flooring looks to be in good condition. Overall, it needs minor updates to bring it to modern standards.
Year Built
1989
Close
-
List price
$470K
Original List price
$485K
Price/Sqft
$387
HOA
$597
Days on market
-
Sold On
-
MLS number
SR25122856
Home ConditionFair
Features
Good View: Neighborhood
Deck
ViewNeighborhood

About this home

Welcome to 7045 Woodley Ave Unit 120, a well-appointed 3-bedroom, 2.5-bathroom townhome offering 1,216 square feet of comfortable living in the heart of Van Nuys’ sought-after Lake Balboa neighborhood. Tucked inside a gated community, this home offers a blend of convenience, practicality, and modern features. Step inside to find a bright and open living room filled with natural light, complete with a cozy fireplace that creates a warm and inviting atmosphere. The open-concept layout flows effortlessly into a modern kitchen equipped with stainless steel appliances and plenty of cabinet space—ideal for both everyday living and entertaining. A convenient half bath is located on the main floor for guests. Upstairs, you'll find three well-sized bedrooms, including a comfortable primary suite, along with two full bathrooms. Enjoy your own private balcony—perfect for sipping coffee, reading, or simply getting a bit of fresh air. The attached 2-car garage provides direct access and added storage, and there's also a guest parking pass for added convenience. Located in a prime area near Lake Balboa Park, popular shopping and dining options, and just minutes from the 101 and 405 freeways, this townhome also offers easy access to Van Nuys Airport and other local conveniences. If you're looking for a comfortable, move-in-ready home in a central location with practical amenities, this is a must-see opportunity.

Nearby schools

3/10
Bassett Street Elementary School
Public,PK-50.5mi
4/10
Bassett Street Elementary School
Public,K-50.5mi
3/10
William Mulholland Middle School
Public,6-81.3mi
5/10
William Mulholland Middle School
Public,6-81.3mi
Condition Rating
Fair

The property, built in 1989, shows some updates, particularly the stainless steel kitchen appliances. However, the kitchen cabinets and bathroom fixtures appear dated. The flooring looks to be in good condition. Overall, it needs minor updates to bring it to modern standards.
Pros & Cons

Pros

Prime Location: Located in the desirable Lake Balboa neighborhood, offering proximity to Lake Balboa Park, shopping, dining, and transportation (101 and 405 freeways).
Gated Community: Provides added security and privacy for residents.
Modern Kitchen: Equipped with stainless steel appliances and ample cabinet space, ideal for cooking and entertaining.
Attached 2-Car Garage: Offers direct access and additional storage space, a valuable amenity.
Private Balcony: Provides a personal outdoor space for relaxation and enjoyment.

Cons

Association Fees: The monthly association fee of $597.00 could be a deterrent for some buyers.
Price Reduction: Recent price reduction from $485,000 to $470,000 may indicate challenges in the market or perceived value.
Limited Square Footage: At 1,216 sqft, the townhome might feel small for some families, especially with 3 bedrooms.

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