7550 Ruffner Avenue, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 2 bath
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7550 Ruffner Avenue
Van Nuys, California 91406
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,778Sq Ft
7,281Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$941,074
4% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $899,000—positioned well below the $941,074 Fair Market Value by 4%. This valuation gap offers $42,074 in Instant Equity. Featuring a Condition Rating of 2, the home includes a remodeled kitchen, spa-inspired bathrooms, and a high-potential detached garage with a 100-amp sub-panel. With a rare assumable 3.125% loan, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term financial stability.
Estimated Market Value
$941,074+$42,074 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Van Nuys.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7550 Ruffner Avenue Subject | $899,000* List Price | 3 | 2 | 1,778 | $529 | - |
A 7960 Aldea Avenue Sold | $845,000 | 3 | 2 | 1,703 | $496 | 0.8 mi |
B 7058 Petit Avenue Sold | $932,478 | 3 | 2 | 1,793 | $520 | 0.6 mi |
C 17460 Cohasset Street Sold | $1,130,000 | 3 | 3 | 1,796 | $629 | 1.0 mi |
D 17037 Covello Street Sold | $875,000 | 3 | 2 | 1,441 | $607 | 0.5 mi |
E 17043 Lorne Street Sold | $870,000 | 3 | 2 | 1,352 | $643 | 0.8 mi |
F 17046 Saticoy Street Active | $689,900 List Price | 3 | 2 | 1,565 | $441 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end remodel within the last 5 years, featuring a modern kitchen with premium cabinetry and gold hardware, spa-inspired bathrooms with marble tiling, and upgraded systems including a dedicated 100-amp sub-panel and HVAC in the garage.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7281, living area = 1778.
- Great Schools
Elementary School: Kester Avenue Elementary School (9/10).
- Exceptional Financing Advantage
The property features a rare assumable loan at a 3.125% interest rate, providing a significant financial edge and lower monthly payments compared to current market rates.
CONSRISKS & DEFICIENCIES
- Underperforming Local Schools
Many of the immediate neighborhood schools carry lower performance ratings, which may be a drawback for families prioritizing top-tier public education.
- Lack of Scenic Views
The property is noted as having no views, which may limit its appeal to buyers seeking the aesthetic value of the surrounding Lake Balboa or hillside landscapes.
About 7550 Ruffner Avenue
Cul-de-Sac Gem with Assumable 3.125% Loan ! Welcome home to 7550 Ruffner Ave, a beautifully remodeled 3-bedroom, 2-bath retreat tucked on a quiet cul-de-sac just moments from Lake Balboa, Sherman Oaks, and an easy commute to the Westside. This home blends thoughtful updates with everyday livability and comes with a financial edge that's rare in today's market. Step inside to a large, open family floor plan filled with natural light, ideal for both everyday living and entertaining. French doors lead seamlessly from the living space to the backyard, blurring the line between indoor and outdoor living. The remodeled kitchen and living areas flow effortlessly into a spacious layout designed for modern life. The master suite is a true retreat, featuring a fireplace, spa-inspired bath with a large marble-tiled shower and separate water closet for added privacy. Two additional bedrooms and a second full bath round out the interior. Car enthusiasts, hobbyists, and entrepreneurs will love the detached 2-car garage, a standout feature built for serious use. It's equipped with two AC units, its own dedicated 100-amp sub panel, and a commercial-grade exhaust fan, making it perfect for a workshop, studio, or future ADU conversion. The real showstopper: this home comes with an assumable loan of approx. $550,000 at just 3.125% interest, locked in for the next 26 years. In today's rate environment, qualified buyers can step into a payment far below what a new loan would cost. This home allows assumption, making it one of the lowest monthly mortgage payments available on any comparable home in the area. This is a rare opportunity to combine a beautifully updated home with an unbeatable financing advantage. Don't miss your chance to own a move-in-ready home in a prime location with a loan that could save you hundreds per month. Schedule your private showing today. **OFFERS REQUESTED/DUE BY 8/25 AT 12:00PM**
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 7,281 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Van Nuys Unified Schools
Stagg Street Elementary School
Grades K-5 • 0.6 mi
7/10
Gault Street Elementary School
Grades K-5 • 0.7 mi
3/10
Gault Street Elementary School
Grades K-5 • 0.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.1 |
| Square foot | 1,778 | 1,570.106 |
| Lot Size | 7,281 | 6,738.636 |
| Price | $899.0K | $941.1K |
| Price per sq ft | $506 | $602 |
| Built year | 1951 | 1952 |
| HOA | $0 | $52 |
| Days on market | 28 | 55 |
Pricing History
Listed for Sale
Aug 12, 2026
$899,000
Initial Listing
Sold
Nov 3, 2016
$460,000
Public Record
Sold
Aug 12, 2008
$329,000
Public Record
Sold
May 24, 2005
$410,000
Public Record