3 months on rocket

7518 Woodley Ave, Van Nuys, CA, 91406

$995,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Baths
1,709 SqFt
$582/SqFt
House

Location

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7518 Woodley Ave, Los Angeles$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Attached GarageYes
Year Built1948
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
MLS #24417633
Lot Size0.15 Acres
StatusActive

About 7518 Woodley Ave

Step into a world of possibility with this stunning 4-bedroom, 2-bathroom duplex located in the sought-after Lake Balboa neighborhood of Los Angeles. Whether you are an astute investor looking for an income-generating property or an owner-user seeking to offset mortgage costs, this duplex presents an incredible opportunity. As you approach the property, you'll be greeted by meticulously maintained landscaping, featuring beautiful mature trees and plants that create a serene and inviting atmosphere. The front unit, currently tenant-occupied, boasts two bedrooms and one bathroom, offering a comfortable and inviting living space. The second unit, also featuring two bedrooms and one bathroom, has been recently renovated floors, and fresh paint, creating a modern and stylish aesthetic. The duplex's central location offers easy access to the Van Nuys and Burbank airports, Lake Balboa Park, picturesque biking trails, a selection of public golf courses, and plentiful dining and shopping experiences. Embrace the potential of this property and discover the endless opportunities it presents for both investors and owner-users alike. All units are occupied and property will be delivered with tenant.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 0
  • Living Area: 1,709 SqFt

Listing Office:

  • Office Name: The Beverly Hills Estates
  • Office Phone: (310) 626-4248
  • Listing Agent: Angel Salvador

Interior Features

Interior Information:

  • Interior: Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Robert Fulton College Preparatory, Public District Grades 6-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Studio, Public District Grades 6-8
  • Cohasset Street Elementary School, Public District Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: Google Maps.

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $582/SqFt

Tax Information:

  • Annual Amount: $4,660
  • 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

7518 Woodley Ave vs Los Angeles

105 DAYS ON ROCKET

+67 Days

$995,000

-$28.4K Less

$582/SqFt

-$59 Less

KEY TAKEAWAY

This property is $28.4K less than the Median Sold Price and $59/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: #24417633

Listing Office:

  • Office Name: The Beverly Hills Estates
  • Office Phone: (310) 626-4248
  • Listing Agent: Angel Salvador

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: 11/5/2024, 6:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,660$373,903
2020$4,523$370,070
2019$4,451$362,815
2018$4,353$355,702
2017$4,353$348,729

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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.

Elementary School

school-card-donut-2202132
4
/10

  • Cohasset Street Elementary School

  • 15810 Saticoy St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-2202133
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 9.50 miles

  • Public Magnet Grades 1-5

school-card-donut-2202134
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 11.59 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-2202135
4
/10

  • Studio

  • 2211 W Avenue 30

  • 15.79 miles

  • Public District Grades 6-8

High School

school-card-donut-2202136
3
/10

  • Robert Fulton College Preparatory

  • 7477 Kester Ave

  • 1.47 miles

  • Public District Grades 6-12

school-card-donut-2202137
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 1.53 miles

  • Public Magnet Grades 9-12

school-card-donut-2202138
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 19.45 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,045. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7518 Woodley Ave

What is the listing price of this property?

The listing price of 7518 Woodley Ave property is $995,000.

What type of property is this?

The property 7518 Woodley Ave is a house located in Van Nuys, California, 91406.

Is this property for sale now?

Active Listing: 7518 Woodley Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7518 Woodley Ave are:
Cohasset Street Elementary School: GreatSchools Rating 4/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Studio: GreatSchools Rating 4/10
Robert Fulton College Preparatory: GreatSchools Rating 3/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,660 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7518 Woodley Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7518 Woodley Ave is 1,709 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7518 Woodley Ave is 1948.

Rocket Homes›California›Los Angeles County›Los Angeles›91406›7518 Woodley Ave

This home is located at 7518 Woodley Ave in Van Nuys, CA and zip code 91406 in the The San Fernando Valley neighborhood. This 1,709 square foot home, which was built in 1948, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $995,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

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

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