#24441479, Henry Garcia, Listing Office: Real Broker
#24439815·
Listing Office: KW Advisors·
Listing Agent: Robert Glinert·
Listing Office Phone: 310-482-2200
$10,000
closing credit¹
7011 Woodley Ave Van Nuys, CA 91406
$1,199,000 List price
$10,000
Closing credit¹
10 beds
6 baths
3,542 sqft
0.2 acres
$339 / sqft
House
Property details
About 7011 Woodley Ave
Well maintained 6-unit building in Lake Balboa, one of the most sought after neighborhoods in LA. Close to shopping, markets, less than 2 miles from Balboa Park. Fully rented, 5 of the units have laminate and ceramic tile floors.All the exterior facing windows have been replaced, roof completely replaced in 2019. Owner pays water/power for bldg., so the next owner can pay to have split meters for each unit thus greatly increasing the net income. Owner pays a service company to lease the washer/dryer. Each unit has wall AC unit, and wall gas heater. Four units are 1 bed 1 bath, 2 units are 3 bed 1 bath. Owners monthly expenses: $1000 water/power, $400 trash, $75 pest control, $100 gardening, $43 for laundry lease/ maintenance. Each unit has one assigned parking space. Plently of street parking. Across from the new Vallarta super market/ tortilleria/ bakery. Approx 70% of owners expense is that the building has one water meter. A new owner could apply to LADWP for permission to have this split so each unit has its own individual water bill thus greatly reducing the owner's monthly expenses. Seller is highly motvated. Seller is not doing a 1031 tax exchange so closing can be quick. (The annual rent control rent raise is February.)
Highlights
Home typeOther
HeatingForced Air, Wall Furnace
StatusActive
Size3,542 sqft
Lot size0.1608 Acres
Year built1954
ParkingAssigned, Concrete, One Space
MLS #24439815
Summary
- MLS Number: 24439815
- MLS Name: CRMLS
- Office Name: KW Advisors
- Office Phone: (310) 482-2200
- Listing Agent: Robert Glinert
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: 2/11/2025, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,199,000
7011 Woodley Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 24, 2011 | Home Sold | $475,000 |
| Aug 09, 2002 | Home Sold | $310,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $596,612 | $8,223 |
| 2023 | $584,915 | $8,081 |
| 2022 | $573,447 | $7,741 |
| 2021 | $562,204 | $7,631 |
| 2020 | $556,441 | $7,425 |
| 2019 | $545,532 | $7,292 |
| 2018 | $534,837 | $7,101 |
| 2017 | $524,351 | $7,101 |
History based on county public records data.
Nearby schools
6
Bassett Street Elementary School
Public District KG-5
0.4 mi
•15756 Bassett St
4
Cohasset Elementary School
Public District KG-5
0.8 mi
•15810 Saticoy St
7
Gault Street Elementary School
Public District PK-5
1.1 mi
•17000 Gault St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,774. The majority of Van Nuys, CA residents have income less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
44%
<35k
38%
35k-100k
18%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
50%
Single, No Kids
14%
Single, with Kids
18%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
28%
18-34 yrs old
35%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Little Caesars
Popeyes
What do the neighbors drive?
Honda
Dodge
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7011 Woodley Ave
This home is located at 7011 Woodley Ave in Van Nuys, CA and zip code 91406 in the The San Fernando Valley neighborhood. This 3,542 square foot home, which was built in 1954, sits on a 0.16 acre lot. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $1,199,000.
In January 2025 more than 294 listings in Van Nuys, CA were sold above the asking price. During the same period more than 161 listings were sold at asking price, while more than 545 were sold below. In January 2025 in Van Nuys, CA there were 20.1% more homes for sale than in December. In January 2025 median list price was $1,035,435 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.