7450 Woodley Avenue, Van Nuys, California 91406, Van Nuys, 91406 - 4 bed, 2 bath
ACTIVE$889,000
7450 Woodley Avenue, Van Nuys, California 91406
4Beds
2Baths
1,604Sqft
6,003Lot
Year Built
1948
Close
-
List price
$889K
Original List price
$899K
Price/Sqft
$554
HOA
-
Days on market
-
Sold On
-
MLS number
SR25164725
Home ConditionGood
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $889.0K(50th), sqft - 1604(33th), beds - 4(67th), baths - 2(50th).
Don't miss the incredible opportunity to own a unique duplex! With a significant price reduction for a quick sale. This property features two separate units, each with private entrances and yards. Both units offer 2 bedrooms and 1 bathroom, ensuring comfort and convenience with separate laundry rooms in each unit. Additionally, the property features a newer roof, plumbing, sewer line, kitchen, and separate utilities. This duplex is located close to amenities like parks, shopping, and public transport. This is a fantastic investment. Act now before it is gone!
Price History
Date
Event
Price
08/05/25
$889,000
07/22/25
$899,000
Condition Rating
Good
The property, built in 1948, has undergone significant functional renovations including a newer roof, plumbing, sewer line, and kitchen, making it move-in ready. The interior features updated laminate flooring and fresh paint. While the kitchen is functional with modern-style cabinets and a stainless steel range, its countertops and floor tiles, along with the bathroom's very dated fixtures and tiling, prevent it from reaching an 'Excellent' score. However, the substantial system updates and overall clean, functional state align with the 'Good' criteria of being move-in ready with no immediate renovation required and major systems being functional and within their expected lifespan, despite some components showing their age.
Pros & Cons
Pros
Strong Investment Opportunity: The property is a duplex with two separate units, each offering 2 bedrooms and 1 bathroom, private entrances, and yards, making it an excellent income-generating asset.
Recent Major System Upgrades: Significant updates including a newer roof, plumbing, sewer line, and kitchen in both units reduce immediate capital expenditure for a new owner.
Separate Utilities & Amenities: Each unit benefits from separate utilities and individual laundry rooms, enhancing tenant independence and simplifying property management.
Desirable Location: Situated close to essential amenities such as parks, shopping centers, and public transport, which increases its appeal to potential tenants.
Motivated Seller & Price Adjustment: A significant price reduction for a quick sale indicates a motivated seller, potentially offering a competitive entry point for investors.
Cons
Age of Structure: Built in 1948, the property's underlying structure is older, which may lead to unforeseen maintenance needs or require further updates beyond the listed renovations.
Limited Bathroom Count Per Unit: Each 2-bedroom unit having only one bathroom might be a limiting factor for some prospective tenants or owner-occupants seeking more facilities.
Potential Negotiation Limitations: The emphasis on a 'quick sale' and recent price reduction might suggest less room for further negotiation, potentially limiting a buyer's ability to secure additional concessions.