7131 Farralone Avenue 46
Canoga Park, CA, 91303
$339,000
Original list price: $350,000
MLS: 26852927
Beds
1
Baths
1
Sq Ft
488
Lot
3.87 ac
Year Built
1976
MLS #
26852927
Days on Market
38
Listed
Jun 26, 2026
Description
A wonderful alternative to renting, this charming 1-bedroom, 1-bath, almost 500 Sq.Ft. top floor unit, the lowest priced unit in the complex, offers an exceptional opportunity to own in the highly desirable Canoga Lakes community. The unit features new flooring, fresh paint, an updated kitchen and bathroom, abundant natural light, and a private balcony. Nestled among tranquil ponds, streams, mature trees, and scenic walking paths, Canoga Lakes offers a peaceful, resort-like setting with two swimming pools, tennis courts, a fitness center, beautifully landscaped grounds, and a deeded parking space and ample guest parking. To help make homeownership more affordable, the seller may consider participating in a temporary interest rate buydown for qualified buyers and possibly a credit towards the HOA fee. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this move-in-ready home offers comfort, convenience, and the chance to build equity.
Location
Canoga Park, Los Angeles County, CA 91303
Open on Google Maps ↗Listed by: Steve Shrager · Coldwell Banker Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$3,351
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $33,900 · Loan: $305,100
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $1,961
- Property tax (1.25%)
- $353
- Homeowners insurance
- $300
- Mortgage insurance
- $127
- HOA dues
- $610
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 Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $11,865 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 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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