Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

7101 Farralone Avenue 135

Canoga Park, CA, 91303

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$509,999

MLS: SR25262560

Beds

2

Baths

1

Sq Ft

868

Lot

3.91 ac

Year Built

1977

MLS #

SR25262560

Days on Market

137

Listed

Nov 18, 2025

Description

View, view, view – Canoga Lakes offers an amazing location with privacy and breathtaking scenery! This spacious 2-bedroom condo with a loft boasts an upgraded kitchen, renovated bathroom, and plenty of cabinet and storage space. It comes with two assigned parking spots (210 and 191), fresh paint, and new carpet in the bedrooms and loft. Enjoy a dedicated laundry area, central air, and heating. The large balcony is perfect for relaxing while taking in the serene setting filled with ducks, koi fish, and turtles. Indulge yourself in the HOA perks include sparkling pools, Jacuzzis, saunas, lighted tennis courts, and a fitness room. Canoga Lakes is a peaceful retreat close to transportation, hospitals, fine dining, bike trails, hiking, the Village, Topanga Westfield Mall, Fallbrook Mall, Malibu Wines, and entertainment – you are going to love living in Canoga Lakes!

Location

Canoga Park, Los Angeles County, CA 91303

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Listed by: Larry Keller · Coldwell Banker Realty

Payment estimate

$3,843

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $51,000 · Loan: $458,999

%
Principal & Interest
$2,820
Property tax (1.25%)
$531
Homeowners insurance
$300
Mortgage insurance
$191
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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 Canoga Park home with as little as 3.5% down using an FHA loan — roughly $17,850 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.

Local Market Stats

See Canoga Park, CA 91303 market trends →

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

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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