ActiveCondominium

7045 Woodley Avenue 110

Van Nuys, CA, 91406

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$349,800

MLS: 26658161

Beds

2

Baths

2

Sq Ft

813

Lot

0.87 ac

Year Built

1989

MLS #

26658161

Days on Market

49

Listed

Mar 2, 2026

Description

Huge price reduction to sell!The seller has paid all current mandatory special assessments in full (about $60,000).This is a great opportunity to get a 2-bedroom home at an attractive price. Construction will be completed. The property will be sold as-is, which is why the price was reduced. Please submit a clean offer. The building is currently undergoing renovations and is expected to be upgraded into a more modern and attractive community. Now vacant and ready for immediate move-in! This upgraded and affordable condo offers great value for both owner-occupants and investors. The unit features a bright living room, dining area, and an updated kitchen. The primary bedroom includes a walk-in closet. Enjoy the convenience of an in-unit washer and dryer and central HVAC. The unit also includes two parking spaces. The building is undergoing improvements, which may add future value for the new owner. Community amenities include a gym, pool, and sauna. Excellent location near Lake Balboa, shopping centers, restaurants, and easy freeway access. Move-in ready.

Location

Van Nuys, Los Angeles County, CA 91406

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Listed by: Won Mo · Keller Williams Beverly Hills

Payment estimate

$2,730

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $34,980 · Loan: $314,820

%
Principal & Interest
$1,934
Property tax (1.25%)
$364
Homeowners insurance
$300
Mortgage insurance
$131
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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 $12,243 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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