1 month on rocket

Backup Offers

7131 Farralone Ave Unit 40, Canoga Park, CA, 91303

$435,000

Home List Price

$5,166*

Closing Credit

1 Bedroom
1 Full Bath
783 SqFt
$556/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

7131 Farralone Ave Unit 40, Los Angeles$435,000

Buyer Closing Credits

$5,166*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built1976
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewPond, Creek/Stream
MLS #SR24211064
Lot Size3.87 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7131 Farralone Ave Unit 40

Canoga Lakes - Popular one-bedroom and loft style with an expanded loft that overlooks the streams, providing ample space for an office or an additional bedroom. This has a redesigned Kitchen, smooth ceilings, recessed lights and so many upgrades. This is a must see. This gated resort-like community boasts lakes, streams, water features, towering trees, and scenic walking paths. The HOA provides amenities such as sparkling pools, Jacuzzis, saunas, illuminated tennis courts, and a fitness room. Residents can savor their coffee on a private balcony with views of the serene surroundings. The unit includes central AC and heating, with a washer/dryer conveniently located inside. HOA fees cover water, trash, and earthquake insurance. Two assigned parking spots come with the unit. Its prime location is close to transportation, medical facilities, dining, Fallbrook Mall, Topanga Plaza Shopping Mall, the Village, Warner Center, and various entertainment options. This is a truly a distinctive property and you are going to love living in Canoga Lakes.

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Stories: 2
  • Living Area: 783 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (818) 324-9727
  • Listing Agent: Larry Keller

Interior Features

Interior Information:

  • Interior: Loft
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Pond, Creek/Stream

Lot Features

Lot Information:

  • Lot Size: 3.87 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South of Sherman Way, East of Shoup

Price Information

Listing Price Info

Price Summary:

  • List Price: $435,000
  • Price Per SqFt: $556/SqFt

HOA Fees:

  • Amount: $513
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,843
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

7131 Farralone Ave Unit 40 vs Los Angeles

32 DAYS ON ROCKET

-6 Days

$435,000

-$588.4K Less

$556/SqFt

-$85 Less

KEY TAKEAWAY

This property is $588.4K less than the Median Sold Price and $85/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24211064

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (818) 324-9727
  • Listing Agent: Larry Keller

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 30, 2008Home Sold
$192,500
Feb 28, 2003Home Sold
$681,136
Aug 02, 2002Home Sold
$124,200

Tax History

YEARPROP. TAXASSESSMENT
2021$2,843$228,528
2020$2,758$226,185
2019$2,736$221,751
2018$2,676$217,404
2017$2,676$213,142

History based on county public records data.

Payment Calculator

$2,752

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,371

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-585595
4
/10

  • Canoga Park Elementary School

  • 7438 Topanga Canyon Blvd

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-585596
7
/10

  • Village Charter Academy

  • 7357 Jordan Ave

  • 0.55 miles

  • Public Charter Grades KG-5

school-card-donut-585597
4
/10

  • Ingenium Charter

  • 22250 Elkwood St

  • 0.83 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,676. Typical income of Los Angeles, CA residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7131 Farralone Ave Unit 40

What is the listing price of this property?

The listing price of 7131 Farralone Ave Unit 40 property is $435,000.

What type of property is this?

The property 7131 Farralone Ave Unit 40 is a condo located in Canoga Park, California, 91303.

Is this property for sale now?

Accepting Backup Offers: 7131 Farralone Ave Unit 40 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,843 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 30, 2008 for $192,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7131 Farralone Ave Unit 40 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 7131 Farralone Ave Unit 40 is 783 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7131 Farralone Ave Unit 40 is 1976.

Rocket Homes›California›Los Angeles County›Los Angeles›91303›7131 Farralone Ave Unit 40

This home is located at 7131 Farralone Ave Unit 40 in Canoga Park, CA and zip code 91303 in the Canoga Park neighborhood. This 783 square foot home, which was built in 1976, sits on a 3.87 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $435,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

More Resources