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Backup Offers

7131 Farralone Ave Unit 85, Canoga Park, CA, 91303

$425,000

Home List Price

$5,047*

Closing Credit

1 Bedroom
1 Full Bath
783 SqFt
$543/SqFt
Condo

Location

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7131 Farralone Ave Unit 85, Los Angeles$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1977
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNeighborhood, Creek/Stream, Trees/Woods
MLS #SR24124944
Lot Size3.91 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7131 Farralone Ave Unit 85

Welcome to Canoga Lakes, an amazing resort style community with Lucious grounds, lakes, streams, and waterfalls. This high ceiling one bedroom condominium, with a useful good size loft and a spacious balcony overlooking a stream with natural light and privacy, is ready for you to enjoy the beauty of the nature. In-unit washer and dryer, refrigerator, fresh paint, new flooring, assigned parking spaces, and visitor parking. This fantastic pet friendly community has swimming pools, spa, gym, tennis courts, and is close to Topanga mall, Village, Fallbrook Mall, restaurants and many more entertainment centers in the area. HOA covers earthquake insurance, water, trash, and amenities.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 2
  • Living Area: 783 SqFt

Listing Office:

  • Office Name: Beverly and Company
  • Office Phone: (818) 337-9786
  • Listing Agent: Fariba Ansari

Interior Features

Interior Information:

  • Appliances: Dryer
  • Interior: Balcony, All Bedrooms Down, Loft
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood, Creek/Stream, Trees/Woods

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 3.91 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Ventura Blvd./Shoup intersection, go North on Shoup, Right on Sherman way, right on Farralone

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $543/SqFt

HOA Fees:

  • Amount: $513
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,558
  • Tax Year: 2021
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Housing Market Comparison

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

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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 85 vs Los Angeles

85 DAYS ON ROCKET

+47 Days

$425,000

-$598.4K Less

$543/SqFt

-$98 Less

KEY TAKEAWAY

This property is $598.4K less than the Median Sold Price and $98/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: #SR24124944

Listing Office:

  • Office Name: Beverly and Company
  • Office Phone: (818) 337-9786
  • Listing Agent: Fariba Ansari

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: 11/15/2024, 8:20:56 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

Nov 02, 1999Home Sold
$85,000
Apr 20, 1995Home Sold
$68,000
Oct 06, 1989Home Sold
$128,500
Dec 16, 1988Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,558$120,672
2020$1,512$119,435
2019$1,490$117,094
2018$1,457$114,799
2017$1,457$112,549

History based on county public records data.

Payment Calculator

$2,702

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-310955
4
/10

  • Canoga Park Elementary School

  • 7438 Topanga Canyon Blvd

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-310956
7
/10

  • Village Charter Academy

  • 7357 Jordan Ave

  • 0.55 miles

  • Public Charter Grades KG-5

school-card-donut-310957
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. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7131 Farralone Ave Unit 85

What is the listing price of this property?

The listing price of 7131 Farralone Ave Unit 85 property is $425,000.

What type of property is this?

The property 7131 Farralone Ave Unit 85 is a condo located in Canoga Park, California, 91303.

Is this property for sale now?

Accepting Backup Offers: 7131 Farralone Ave Unit 85 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 $1,558 (source: MLS/based on county public records data).

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

The last sale was on November 2, 1999 for $85,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7131 Farralone Ave Unit 85 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 7131 Farralone Ave Unit 85 is 783 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7131 Farralone Ave Unit 85 is 1977.

Rocket Homes›California›Los Angeles County›Los Angeles›91303›7131 Farralone Ave Unit 85

This home is located at 7131 Farralone Ave Unit 85 in Canoga Park, CA and zip code 91303 in the Canoga Park neighborhood. This 783 square foot home, which was built in 1977, sits on a 3.91 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $425,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

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

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