7035 Woodley 116
Van Nuys, CA, 91406
$393,000
MLS: SR25268568
Beds
2
Baths
2
Sq Ft
878
Lot
0.87 ac
Year Built
1989
MLS #
SR25268568
Days on Market
94
Listed
Dec 1, 2025
Description
Perfect investment opportunity! Stylish single-story condo with a modern touch, offering 2 bedrooms and 2 bathrooms in prime location next to Lake Balboa. Step into the bright and spacious living room with a charming fireplace, upgraded lighting that flows seamlessly into the dining area. The kitchen features modern cabinetry, quartz countertops, and stainless-steel appliances for a sleek look. The Primary Suite is spacious and boasts a walk-in closet, ceiling fans and a private bath with tile flooring. The second bedroom features a newer ceiling fan and wall-to-wall mirrored closet doors. There is a full restroom in the hallway and a convenient in-unit washer and dryer. The parking garage offers two assigned covered parking spaces. Enjoy the community amenities as well such as the pool, hot tub, gym, and sauna. This community is fully gated with private access only. The location is ideal, just minutes away from Lake Balboa Park, convenient access to the 405 freeway, and close to many restaurants, stores, and entertainment.
Location
Van Nuys, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Linda Mendoza Razo · Homesmart Evergreen Realty
Payment estimate
$3,030
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $39,300 · Loan: $353,700
- Principal & Interest
- $2,173
- Property tax (1.25%)
- $409
- Homeowners insurance
- $300
- Mortgage insurance
- $147
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Van Nuys home with as little as 3.5% down using an FHA loan — roughly $13,755 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Van Nuys, CA 91406 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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