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
ACTIVE$305,995
7045 Woodley Avenue 218, Van Nuys, California 91406
1Bed
1Bath
608Sqft
37,675Lot
Year Built
1989
Close
-
List price
$306K
Original List price
$310K
Price/Sqft
$503
HOA
$859
Days on market
-
Sold On
-
MLS number
SR25260462
Home ConditionGood
Features
Deck
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $306.0K(13th), sqft - 608(13th), beds - 1(13th), baths - 1(13th).

*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!

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

Price History

Date
Event
Price
12/11/25
Price Change
$305,995-1.3%
11/14/25
Listing
$309,995
01/10/22
Sold
$300,000
09/10/14
Sold
$170,000
05/21/14
Sold
$131,000
03/28/11
Sold
$100,000
11/08/06
Sold
$214,000
Condition Rating
Good

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.
Pros & Cons

Pros

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.
Robust Community Amenities & Security: The quiet, gated complex features desirable amenities including a pool, sauna, gym, and two assigned secured tandem parking spaces, enhancing lifestyle and providing peace of mind.
Strategic Location: Its prime location near Lake Balboa, various shopping and dining options, and easy freeway access offers excellent convenience for recreation, errands, and commuting.

Cons

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.

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