$400,000
SOLD OCT 29, 2024

7045 Woodley Ave Unit 110 Van Nuys, CA 91406

2 Beds
2 Baths
813 Sq Ft
$453/mo HOA Fee

Recently Sold

$492 Per Sq Ft

10 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 0.87 Acre Lot
  • 24-Hour Security
  • Updated Kitchen
  • Open Floorplan

About This Home

As of October 2024

Here is your chance to own an affordable remodeled 2-bedroom, 2-bathroom lower unit condominium in the sought-after Lake Balboa community of the San Fernando Valley. Step into a spacious open layout that seamlessly connects the living, dining, and kitchen areas. The generous primary bedroom boasts an en-suite bathroom and a walk-in closet. Additional features of the property include an in-unit stackable washer and dryer, central HVAC system, and a fireplace in the living room.
Community amenities abound with a gym, sauna, and pool, offering opportunities for both relaxation and fitness. You'll also enjoy the convenience of two parking spaces. The location is unbeatable, with a variety of restaurants, shops, and a grocery store all within walking distance. Nearby attractions include Lake Balboa & Park, multiple golf courses, Van Nuys Airport, and the picturesque Japanese Garden.
Commuting is effortless with quick access to the 405 freeway and Orange Metro Link, and you're just a short drive from the vibrant neighborhoods of Encino and Sherman Oaks. Whether you're a first-time buyer or an investor seeking rental income, don't let this charming and affordable condo in Lake Balboa slip away!

Last Agent to Sell the Property

Makar Morozov

Douglas Elliman of California, Inc. Brokerage Phone: 310-953-2498 License #02122565 Listed on: 10/04/2024

Douglas Elliman of California, Inc.

Last Buyer's Agent

Rebecca Thiedeman

Luxury Collective License #02030956

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,517

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • No Units Located Below
  • 1 Common Wall
  • Wrought Iron Fence

HOA Fees

  • $453 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 813 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Family Room Off Kitchen
  • Dining Room with Fireplace
  • L-Shaped Dining Room
  • Pool Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Accessible Home Design

  • Accessible Parking

Pool

  • In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 45174
  • Assessor Parcel Number 2224010080
  • $125 per year additional tax assessments

Community Details

Overview

  • 50 Units
  • Montecito Gardens Association, Phone Number (661) 257-2452

Amenities

  • Sauna

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,517

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$453 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: Yes
  • Zoning: LAR3
  • Architectural Style: Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2224010080
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 813.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Granite Counters, Open Floorplan
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall, No One Below
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Entry Level: 1
  • Fireplace Features: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 492.00
  • Room Type: All Bedrooms Down
  • Spa Features: Association
  • Bathroom Features: Bathtub, Tile Counters
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: Pool
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Features: Association, Fenced, In Ground
  • Pool Private: No
  • Roof: Flat
  • Spa: Yes
  • Construction Materials: Brick, Glass, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Water Heater, Refrigerator, Self Cleaning Oven
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Gym/Ex Room, Controlled Access
  • Association Fee: 452.67
  • Association Fee Frequency: Monthly
  • Association Name: Montecito Gardens
  • Phone: 661-257-2452
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: Montecito Gardens

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 37687.00
  • Lot Size Acres: 0.8652

Multi Family

  • Lease Considered: No
  • Lot Size Area: 37687.0000 Square Feet
  • Number Of Units In Community: 50
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1276.04
  • Tax Lot: 1
  • Tax Tract Number: 45174
  • TaxOtherAnnualAssessmentAmount: 125.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Oct 16, 2024
Sold by
Gasparian Vartan
Bought by
Wang Yi
Seller's Agent
Makar Morozov
Douglas Elliman of California, Inc.
Buyer's Agent
Rebecca Thiedeman
Luxury Collective
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%

Purchase Details

Listed on
Oct 5, 2020
Closed on
Dec 4, 2020
Sold by
Garcia Diana
Bought by
Benjelloun Anass
Seller's Agent
Reyna Vilchis
Sukasa Dreams & Trust Realty
Buyer's Agent
raini ayaz
Equity Union
List Price
$339,000
Sold Price
$345,000
Premium/Discount to List
$6,000
1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$245,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2020
Closed on
Dec 2, 2020
Sold by
Benjelloun Anass
Bought by
Gasparian Vartan
Seller's Agent
Reyna Vilchis
Sukasa Dreams & Trust Realty
Buyer's Agent
raini ayaz
Equity Union
List Price
$339,000
Sold Price
$345,000
Premium/Discount to List
$6,000
1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2016
Closed on
Apr 29, 2016
Sold by
Gomez Ramon
Bought by
Benjelloun Anass
Seller's Agent
Alan Castillo
People's Realty
Buyer's Agent
Xavier Izquieta
Sukasa Dreams & Trust Realty
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$218,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2016
Closed on
Mar 21, 2016
Sold by
Gomez Oscar
Bought by
Benjelloun Anass
Seller's Agent
Alan Castillo
People's Realty
Buyer's Agent
Xavier Izquieta
Sukasa Dreams & Trust Realty
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2014
Sold by
Gomez Manuela
Bought by
Gomez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2013
Sold by
Gomez Manuel
Bought by
Gomez Oscar and Gomez Manuela

Purchase Details

Closed on
Jun 8, 2011
Sold by
Gomez Oscar
Bought by
Gomez Manuela

Purchase Details

Closed on
Feb 25, 2010
Sold by
First Horizon Home Loans
Bought by
Gomez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2009
Sold by
Aspiazu Lucia K
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Oct 31, 2006
Sold by
Woodley Investments Llc
Bought by
Aspiazu Lucia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,800
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2005
Sold by
8530 Cedros Llc
Bought by
Woodley Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,300,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $400,000 Lawyers Title Company
Interfamily Deed Transfer -- Clearmark Title
Grant Deed $345,000 Clearmark Title
Quit Claim Deed -- First American Title
Grant Deed $230,000 First American Title
Interfamily Deed Transfer -- Pacific Coast Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Grant Deed $130,000 First American Title Ins Co
Trustee Deed $127,500 Lawyers Title
Grant Deed $268,272 First American Title Co
Grant Deed -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $245,000 New Conventional
Previous Owner $218,500 New Conventional
Previous Owner $107,000 New Conventional
Previous Owner $103,200 New Conventional
Previous Owner $211,800 Purchase Money Mortgage
Previous Owner $16,300,000 Purchase Money Mortgage
Closed $2,000,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2025 09/13/25 Price Changed $415,000 0.0% $510 / Sq Ft
09/02/2025 09/02/25 Price Changed $415,088 0.0% $511 / Sq Ft
08/14/2025 08/14/25 For Sale $415,000 0.0% $510 / Sq Ft
02/22/2025 02/22/25 Rented $2,400 0.0% --
12/01/2024 12/01/24 Price Changed $2,400 -12.7% $3 / Sq Ft
11/14/2024 11/14/24 For Rent $2,750 0.0% --
10/29/2024 10/29/24 Sold $400,000 +0.3% $492 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $399,000 +15.7% $491 / Sq Ft
12/29/2020 12/29/20 Sold $345,000 +1.8% $424 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $339,000 +47.4% $417 / Sq Ft
04/30/2016 04/30/16 Sold $230,000 -6.1% $283 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $245,000 -- $301 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,517 $400,000 $238,000 $162,000
2024 $4,517 $366,115 $240,469 $125,646
2023 $4,430 $358,937 $235,754 $123,183
2022 $4,221 $351,900 $231,132 $120,768
2021 $4,168 $345,000 $226,600 $118,400
2020 $3,099 $248,957 $121,555 $127,402
2019 $2,977 $244,076 $119,172 $124,904
2018 $2,960 $239,291 $116,836 $122,455
2016 $2,677 $217,788 $58,288 $159,500
2015 $2,639 $214,518 $57,413 $157,105
2014 $2,203 $173,363 $34,681 $138,682
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24206178

California Regional Multiple Listing Service (CRMLS)

APN: 2224-010-080