
7450 Woodley Ave Van Nuys, CA 91406
Van Nuys NeighborhoodEstimated payment $5,337/month
Highlights
- No HOA
- Central Heating and Cooling System
- 1-Story Property
- Laundry Room
- Back and Front Yard
About This Home
Attention Attention. Do not lose your chance to own this unique property. Huge Price Reduction for a Quick Sale. Great opportunity to own a duplex, live in the remodeled turn-key unit, and get rent from the other tenant-occupied unit. Each house has a private entrance with a separate yard. This duplex has a new roof and separate electricity and gas meters. Both units have 2 bedrooms and one bath, offering a comfortable and inviting living space. You might be able to add an ADU to generate more income. The property has easy access to Van Nuys and Burbank airports, biking trails, a public golf course, shopping malls, and Balboa Park. Come and discover the endless opportunities. What are you waiting for?
Listing Agent
First Banker Real Estate Brokerage Phone: 818-634-6419 License #01438998 Listed on: 04/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,955
Year Built
- Built in 1948
Lot Details
- 6,003 Sq Ft Lot
- No Common Walls
- Back and Front Yard
Parking
- 2 Open Parking Spaces
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,604 Sq Ft Home
- 1-Story Property
Kitchen
- Gas Range
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Washer Hookup
Utilities
- Central Heating and Cooling System
- Standard Electricity
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 13864
- Assessor Parcel Number 2206020002
- $280 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,700
- Trash Expense $600
- Water Sewer Expense $3,960
- New Taxes Expense $10,128
- Operating Expense $17,588
- Gross Income $52,320
- Net Operating Income $34,732
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $4,955 | $389,748 | $258,581 | $131,167 |
2023 | $4,863 | $382,107 | $253,511 | $128,596 |
2022 | $4,640 | $374,616 | $248,541 | $126,075 |
2021 | $4,578 | $367,271 | $243,668 | $123,603 |
2019 | $4,443 | $356,380 | $236,442 | $119,938 |
2018 | $4,364 | $349,393 | $231,806 | $117,587 |
2016 | $4,160 | $335,827 | $222,805 | $113,022 |
2015 | $4,101 | $330,784 | $219,459 | $111,325 |
2014 | $4,126 | $324,306 | $215,161 | $109,145 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/22/2025 07/22/25 | For Sale | $899,000 | +1.1% | $560 / Sq Ft |
07/08/2025 07/08/25 | Price Changed | $889,000 | -3.4% | $554 / Sq Ft |
04/23/2025 04/23/25 | For Sale | $920,000 | -- | $574 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | None Available | |
Grant Deed | $290,000 | Lawyers Title | |
Grant Deed | $380,000 | California Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $217,500 | New Conventional | |
Previous Owner | $217,500 | Purchase Money Mortgage | |
Previous Owner | $400,000 | Negative Amortization | |
Previous Owner | $95,000 | Credit Line Revolving | |
Previous Owner | $304,000 | New Conventional | |
Closed | $38,000 | No Value Available |
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25085193

APN: 2206-020-002
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