7045 Woodley Avenue 218, Van Nuys, California 91406, Van Nuys, 91406 - 1 bed, 1 bath

7045 Woodley Avenue 218, Van Nuys, California 91406 home-pic-0

7045 Woodley Avenue 218

Van Nuys, California 91406

ACTIVE
CONDITION: GOOD
1Beds
1Baths
608Sq Ft
37,675Lot Size

Property Price

LIST PRICE$305,995

SUMMARY

Analysis of 7045 Woodley Avenue 218, Van Nuys, California 91406 is currently available with a list price of $305,995. 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

Good
TeardownExcellent

Property is move-in ready.

Built in 1989, this condo has undergone significant recent renovations, making it move-in ready. The listing highlights 'brand-new distressed laminate wood flooring,' 'fresh designer paint,' 'elegant crown molding,' and a 'stylishly updated kitchen' with granite countertops. While the description mentions 'sleek stainless steel appliances,' the images show a mix of white (refrigerator, range) and stainless steel (microwave) appliances. The bathroom features 'contemporary tilework, a new vanity, and modern fixtures,' which is supported by the images. With central A/C, heating, and in-unit laundry, the property meets the criteria for 'Good' condition, indicating it's well-maintained and extensively updated within a reasonable timeframe, requiring no immediate renovations.

PROSSTRENGTHS & OPPORTUNITIES

  • Exceptional Buyer Incentive

    The property qualifies for an exclusive $15,000 buyer's assistance program, offering a significant financial advantage for closing costs, rate buy-down, or down payment, particularly appealing to first-time and first-generation homebuyers.

  • Extensively Updated Interior

    The condo boasts brand-new distressed laminate wood flooring, fresh designer paint, elegant crown molding, a stylishly updated kitchen with granite countertops and stainless steel appliances, and a spa-like bathroom, providing a modern and move-in-ready living environment.

  • Comprehensive Comfort & Convenience

    Equipped with central A/C and heating, an in-unit washer/dryer, a cozy gas fireplace, and a private balcony, the unit offers a high level of comfort and practical amenities for daily living.

CONSRISKS & DEFICIENCIES

  • High Association Fees

    The monthly association fee of $859 is considerably high for a 1-bedroom, 608 sqft condominium, which could significantly impact the overall affordability and long-term ownership costs for potential buyers.

  • Limited Living Space

    With only 608 square feet, the unit offers compact living quarters, which may be restrictive for individuals or couples seeking more expansive personal space or anticipating future growth.

  • Tandem Parking Arrangement

    While two assigned parking spaces are provided, their tandem configuration can be inconvenient, often requiring one vehicle to be moved to allow access for the other, which is less desirable than independent parking.

About 7045 Woodley Avenue 218

*FIRST TIME HOMEBUYERS* This property qualifies for our exclusive home BUYER'S ASSISTANCE PROGRAM providing qualified buyers ****$15,000***** to cover closing costs, rate buy-down and/or down payment! This no-interest, no-payment, private forgivable loan is only available in eligible areas like where your listing is located (and buyers can make up to $159,900 or even $213,200 if they're "first generation" homebuyers). Welcome to this beautifully updated 1-bedroom, 1-bathroom condo, an ideal starter home for first time home buyers offering modern upgrades and comfort. Step inside to brand-new distressed laminate wood flooring throughout, complemented by fresh designer paint and elegant crown molding. The stylishly updated kitchen boasts granite countertops, sleek stainless steel appliances, and ample cabinetry for storage. Enjoy year-round comfort with central A/C and heating, and in unit washer & dryer while the cozy gas fireplace adds warmth and charm to the living space. The spa-like bathroom features contemporary tilework, a new vanity, and modern fixtures. Convenience is key with stackable in-unit laundry hook-ups and a private balcony for relaxation. This quiet, gated complex offers fantastic amenities, including a pool, sauna, and gym. Plus, you’ll have two assigned tandem parking spaces in secured parking. Prime location near Lake Balboa, shopping, dining, and easy freeway access. Don’t miss this move-in-ready gem—a must-see!

Property Details

Public Facts

Property Type
Condominium
Year Built
1989
Lot Size
37,675 Sq. Ft.

Interior

Total Bedrooms
1
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$859.0 / Month

Neighborhood Insights

Van Nuys Unified Schools

Bassett Street Elementary School

Grades PK-5 • 0.5 mi

3/10

Bassett Street Elementary School

Grades K-5 • 0.5 mi

4/10

William Mulholland Middle School

Grades 6-8 • 1.3 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
17%
Baths1.02.0
17%
Square foot6081,063.5
17%
Lot Size37,67543,548
50%
Price$306.0K$422.5K
17%
Price per sq ft$503$414
83%
Built year19891985
50%
HOA$859.0$495
83%
Days on market112156
33%

Pricing History

Listed for Sale

Dec 11, 2025

$305,995

$309,995

-1% Price Drop

Initial Listing

Price Change

Nov 14, 2025

$309,995

Initial Listing

Sold

Jan 10, 2022

$300,000

Public Record

Sold

Sep 10, 2014

$170,000

Public Record

Sold

May 21, 2014

$131,000

Public Record

Sold

Mar 28, 2011

$100,000

Public Record

Sold

Nov 8, 2006

$214,000

Public Record

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