
Los Angeles, California 91307
This Value-Add Condominium is listed at $495,000, offering a strategic entry into the West Hills market. While the list price exceeds the $448,643 Fair Market Value estimate, recent comparable sales indicate stable demand supported by the area's top-rated schools. The property’s Poor Condition Rating and original 1985 finishes present a significant opportunity for forced appreciation through a full cosmetic renovation. Featuring two private balconies and a private 1-car garage, this asset is ideal for Fix-and-Flip Investors or first-time buyers looking to build sweat equity in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7135 Woodlake Avenue D Subject | $495,000* List Price | 2 | 2 | 885 | $507 | - |
A 23201 Sherman Way F Sold | $497,000 | 2 | 1 | 858 | $579 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1985 (39 years old) and appears to be in original condition with no evidence of renovations. The interior features dated pink carpeting, 1980s-style wood-trimmed cabinetry, and original bathroom fixtures. Based on the age exceeding 30 years and the need for a full cosmetic rehab to meet modern standards, it is rated as poor.
The unit features two private balconies, providing rare additional outdoor space for relaxation and cross-ventilation, which is a premium for condominium living.
This property includes both a private 1-car garage and a 1-car carport, offering significantly more parking and storage utility than typical units in this price range.
Situated in a highly desirable area, the home offers access to top-rated schools and is in close proximity to major medical centers, shopping, and dining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1305, other record lot size in square feet = 100264. Living area discrepancy between mls listing and other public or private record. mls listing living area = 885, other record living area = 854.
At 885 square feet for a two-bedroom, two-bathroom configuration, the interior dimensions are relatively tight, which may limit furniture options and overall comfort.
The $410 monthly association fee adds a significant recurring expense to the buyer's budget, which must be weighed against the provided community amenities.
A very nice Condominium in the heart of West Hills. 2 Bedroom 2 bath situated on the second level. A thoughtful layout to meet your needs. Spacious living area featuring a gas burning fireplace. The open concept design connects the living room to dining and kitchen. The condo has two private balcony's that allows you to enjoy your morning coffee or afternoon relaxation. The primary bedroom includes a walk in closet with ensuite bathroom. Stackable unit is included in the indoor laundry closet. Association includes Pool and Spa and Trash paid. Parking includes a 1 car garage and a 1 car carport. Top rated schools and close proximity to medical care, shopping and restaurants.
No exterior & parking available.
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 | 885 | 885 | 50% |
| Lot Size | 1,305 | 1,305 | 50% |
| Price | $495.0K | $497.0K | 33% |
| Price per sq ft | $559 | $559 | 50% |
| Built year | 1985 | 1985 | 50% |
| HOA | $410.0 | $410 | 50% |
| Days on market | 9 | 171 | 33% |
Apr 22, 2026
$495,000
Initial Listing
Dec 21, 2009
$239,000
Public Record
Aug 27, 1998
$106,000
Public Record