Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

7045 Woodley Avenue 124

Lake Balboa, CA, 91406

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$469,000

MLS: SR26016889

Beds

2

Baths

3

Sq Ft

1,028

Lot

0.87 ac

Year Built

1989

MLS #

SR26016889

Days on Market

76

Listed

Jan 31, 2026

Description

Welcome to 7045 Woodley Ave, Unit 124 — a rare Lake Balboa offering featuring two en-suite bedrooms, each with its own full bathroom, plus a convenient half bath on the main living level. This thoughtfully designed tri-level townhome offers over 1,000 square feet of flexible living space. One of only a limited number of units in the community with direct-access garage entry, this home includes a 2-car attached garage with a bonus storage room. The community is currently undergoing extensive upgrades, including improvements to the garage, balconies, pool/spa, exterior, common areas, and roof. Amenities include a pool and sauna. Priced within a value range of $399,000–$469,000, this property presents a unique opportunity. Seller may offer flexible options regarding the existing HOA special assessment, depending on the terms of the offer. Centrally located near the 405 freeway with convenient access to shopping, dining, and recreation. Buyer to independently verify all information.

Location

Lake Balboa, Los Angeles County, CA 91406

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Listed by: Filip Crispino · Keller Williams Luxury

Payment estimate

$3,558

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $46,900 · Loan: $422,100

%
Principal & Interest
$2,593
Property tax (1.25%)
$489
Homeowners insurance
$300
Mortgage insurance
$176
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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 Lake Balboa home with as little as 3.5% down using an FHA loan — roughly $16,415 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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