Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractCondominium

7320 Lennox Avenue L3

Van Nuys, CA, 91405

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$309,000

MLS: 26668997

Beds

2

Baths

2

Sq Ft

971

Lot

5.74 ac

Year Built

1971

MLS #

26668997

Days on Market

13

Listed

Mar 24, 2026

Description

Welcome to Walnut Gardens, a well-maintained community in the heart of Van Nuys. This 2 bedroom, 2 bathroom condo offers 971 square feet of living space with a functional two-story layout and great potential to make it your own. The main level features the living room, kitchen, and a convenient bathroom, while both bedrooms are located upstairs, offering privacy and separation from the living areas. The unit also includes central heating and air conditioning for year-round comfort. A private front patio welcomes you into the home and provides a great space for outdoor seating or a personal garden. The unit also comes with two assigned parking spaces. Residents of Walnut Gardens enjoy access to a large community pool located near the unit, community laundry facilities, and landscaped common areas. HOA dues cover water, sewer, trash, recycling, and common area expenses. This home offers a great opportunity to update and make it your own. Conveniently located with easy access to the 405, 170, and 101 freeways, and close to shopping, dining, and everyday amenities.

Location

Van Nuys, Los Angeles County, CA 91405

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Listed by: Mark Cianciulli · The CREM Group

Payment estimate

$2,446

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $30,900 · Loan: $278,100

%
Principal & Interest
$1,709
Property tax (1.25%)
$322
Homeowners insurance
$300
Mortgage insurance
$116
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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 $10,815 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 Van Nuys, CA 91405 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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