Here’s you’re opportunity for an affordable 2 bedroom, 2 bathroom lower unit condo located in the desirable Lake Balboa community of the San Fernando Valley. Step inside to the spacious open layout that seamlessly connects the living, dining, and kitchen areas. The large primary bedroom features an en-suite bathroom and a walk-in closet. Additional property features include an in-unit stackable washer and dryer, central HVAC and fire place in the living room. The community amenities include a gym, sauna, and pool, providing opportunities for relaxation and staying active. You'll also have the convenience of two parking spaces. The location is unbeatable, with a variety of restaurants, retail options, and a grocery store within walking distance. Enjoy the close proximity to Lake Balboa & Park, multiple golf courses, Van Nuys Airport and the enchanting Japanese Garden. Commuting is a breeze with easy access to the 405 freeway and Orange Metro Link. Plus, you're just a short distance away from the vibrant neighborhoods of Encino and Sherman Oaks. This property is ideal for first-time buyers or investors looking for rental income, don’t miss the opportunity to make this charming and affordable condo in Lake Balboa your own!
Sold for $433,000
Listed by: Rodeo Realty • Jennifer Gamero • Contact: 818-943-1585
Bought with: Equity Union
$433,000
7045 Woodley Ave Unit 108, Van Nuys, CA 91406
2beds
866sqft
Condominium
Built in 1989
-- sqft lot
$463,700 Zestimate®
$500/sqft
$2,861 Estimated rent
Home value
$463,700
$441,000 - $492,000
$2,861/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jennifer Gamero DRE #01479208 818-943-1585,
Rodeo Realty
Bought with:
Aaron Shrier, DRE #01951460
Equity Union
Source: CRMLS,MLS#: SR23116175
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Exercise Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other, Sauna
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathtub, Separate Shower, Tub Shower
Kitchen
- Features: Granite Counters
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Gas Dryer Hookup, Inside, Laundry Closet, Stacked
Features
- Breakfast Bar, Open Floorplan, All Bedrooms Down, Primary Suite, Walk-In Closet(s)
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 866 sqft
Property
Parking
- Total spaces: 2
- Parking features: Controlled Entrance, Covered, Garage, Garage Door Opener, Gated, One Space, Tandem
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: Community, Association
- Has view: Yes
- View description: None
Lot
- Size: 0.86 Acres
Details
- Parcel number: 2224010078
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks, Pool
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Call for Rules, Fitness Center, Maintenance Front Yard, Pool, Pets Allowed
- Services included: Earthquake Insurance, Sewer
- HOA fee: $464 monthly
- HOA name: Montecito Gardens
- HOA phone: 661-257-2452
Location
- Region: Van Nuys
Financial & listing details
- Price per square foot: $500/sqft
- Tax assessed value: $441,660
- Annual tax amount: $5,385
- Date on market: 6/29/2023
- Cumulative days on market: 13 days
- Listing terms: Cash to New Loan,Conventional,Submit
- Inclusions: Washer & Dryer
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2025 | Listing removed | $2,952$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/30/2025 | Listed for rent | $2,952$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/29/2025 | Listing removed | $2,952$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/14/2025 | Listed for rent | $2,952$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/14/2025 | Listing removed | $2,952$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/21/2025 | Listed for rent | $2,952$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/20/2025 | Listing removed | $2,952$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/18/2025 | Listed for rent | $2,952-5.4%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/18/2025 | Listing removed | $3,120$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/16/2025 | Listed for rent | $3,120+5.7%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/15/2025 | Listing removed | $2,952$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/12/2025 | Listed for rent | $2,952$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/12/2025 | Listing removed | $2,952$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/1/2025 | Listed for rent | $2,952$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/28/2023 | Sold | $433,000+8.3%$500/sqft |
Source:  CRMLS #SR23116175 Report a problem | ||
| 7/26/2023 | Pending sale | $399,900$462/sqft |
Source: CRMLS #SR23116175 Report a problem | ||
| 7/21/2023 | Listed for sale | $399,900$462/sqft |
Source: CRMLS #SR23116175 Report a problem | ||
| 7/10/2023 | Pending sale | $399,900$462/sqft |
Source: CRMLS #SR23116175 Report a problem | ||
| 7/8/2023 | Contingent | $399,900$462/sqft |
Source: CRMLS #SR23116175 Report a problem | ||
| 6/29/2023 | Listed for sale | $399,900+33.7%$462/sqft |
Source: CRMLS #SR23116175 Report a problem | ||
| 8/27/2019 | Sold | $299,000$345/sqft |
Source: CRISNet / SRAR #SR19114817 Report a problem | ||
| 6/1/2019 | Pending sale | $299,000$345/sqft |
Source: Keller Williams North Valley #SR19114817 Report a problem | ||
| 5/16/2019 | Listed for sale | $299,000+14.8%$345/sqft |
Source: Keller Williams North Valley #SR19114817 Report a problem | ||
| 10/18/2006 | Sold | $260,500$301/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,385 +1.2% | $441,660 +2% |
| 2024 | $5,323 +36.6% | $433,000 +37.8% |
| 2023 | $3,898 +4.9% | $314,298 +2% |
| 2022 | $3,714 +1.3% | $308,137 +2% |
| 2021 | $3,667 -1% | $302,096 +1% |
| 2020 | $3,702 | $299,000 -3.2% |
| 2019 | $3,702 +16.6% | $309,000 +17% |
| 2018 | $3,174 | $264,000 +14.3% |
| 2017 | $3,174 +14.7% | $230,900 |
| 2016 | $2,768 +0.6% | $230,900 |
| 2015 | $2,752 +6.2% | $230,900 +8.9% |
| 2014 | $2,591 | $212,000 +46.2% |
| 2012 | -- | $145,000 |
| 2011 | -- | $145,000 +12.4% |
| 2010 | -- | $129,000 -36.9% |
| 2009 | -- | $204,400 -23.1% |
| 2008 | -- | $265,710 +2% |
| 2007 | -- | $260,500 +6.4% |
| 2006 | -- | $244,800 +234.2% |
| 2005 | -- | $73,243 -52.1% |
| 2004 | -- | $153,000 +177.9% |
| 2003 | -- | $55,051 +2% |
| 2002 | -- | $53,973 +4% |
| 2000 | -- | $51,879 |
Find assessor info on the county website
Neighborhood: Lake Balboa
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Nearby schools
GreatSchools rating
- 4/10Bassett Street Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10William Mulholland Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Birmingham Community Charter High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$463,700
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Estimated market value
$463,700
- California
- Los Angeles County
- Los Angeles
- 91406
- Lake Balboa
- 7045 Woodley Ave Unit 108
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