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$525,000

7131 Farralone Ave Unit 48 Canoga Park, CA 91303

2 beds
1 full
868 sqft
3.9 acres
$605 / sqft
Condo

Property details

About 7131 Farralone Ave Unit 48

Amazing Canoga Lakes 2-bedroom upstairs unit with soaring high ceilings and tranquil atmosphere overlooking the streams and lush landscaping. This is a highly upgraded unit with beautiful wood floors, totally redone bath and remodeled kitchen with premium appliances. The spacious balcony overlooks the incredible scenery. It includes two parking spots that are side by side (spots 61 and 62). HOA amenities include 2 sparking pools, 2 Jacuzzis, work out room, lighted tennis courts and 18 acres of walking paths, towering trees, green belts and sitting benches to enjoy the fascinating views. Canoga Lakes is situated in a vibrant neighborhood close to transportation, hospitals, fine restaurants and entertainment. You are in close proximity to "the Village", Topanga Plaza Shopping Center, Fallbrook Mall, Malibu Wines and so much more. Relax and enjoy yourself, you are going to love living in Canoga Lakes.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size868 sqft
Lot size3.8654 Acres
Year built1976
MLS #SR25169508
ViewCreek/Stream

Summary

  • Full Bathrooms: 1
  • Fireplace: None
  • Total Bedroom Count: 2
  • Private Pool: No
  • View: Creek/Stream
  • Heating: Central
  • Cooling: Central Air
  • List Price: $525,000
  • Price/SqFt: $604
  • HOA Amount: $585 Monthly
  • Annual Tax Amount: $5,741
  • Tax Year: 2024
  • Directions: S of Sherman Way, W side of Farralone, Enter Farralone gate
  • Year Built: 1976
  • Stories: 2
  • Living Area: 868 SqFt
  • Lot Size: 3.8654 Acres
  • MLS Number: SR25169508
  • MLS Name: CRMLS
  • 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: 7/31/2025, 6:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
May 02, 2023
Home Sold
$455,000
Jan 05, 2005
Home Sold
$312,000

Tax history

YearAssessmentProperty Tax
2024$464,100$5,741
2023$417,996$5,187
2022$409,801$4,945
2021$386,000$4,698
2020$354,000$4,210
2019$345,000$4,267
2018$345,000$4,254
2017$345,000$4,254

History based on county public records data.

Nearby schools

4

Canoga Park Elementary School

Public District KG-5

0.5 mi

7438 Topanga Canyon Blvd

7

Village Charter Academy

Public Charter KG-5

0.6 mi

7357 Jordan Ave

4

Ingenium Charter

Public Charter KG-5

0.8 mi

22250 Elkwood St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,676. Most Canoga Park, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

34%
<35k
49%
35k-100k
16%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
9%
Single, with Kids
14%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
24%
18-34 yrs old
48%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • TennisTennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolvoVolvo
  • BMWBMW
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7131 Farralone Ave Unit 48

The listing price of 7131 Farralone Ave Unit 48 property is $525,000.

The property 7131 Farralone Ave Unit 48 is a condo located in Canoga Park, California, 91303.

Active Listing: 7131 Farralone Ave Unit 48 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7131 Farralone Ave Unit 48 are: Canoga Park Elementary School (GreatSchools Rating 4/10), Village Charter Academy (GreatSchools Rating 7/10), Ingenium Charter (GreatSchools Rating 4/10), Christopher Columbus Middle School (GreatSchools Rating 4/10), Multicultural Learning Center (GreatSchools Rating 5/10), John A. Sutter Middle School (GreatSchools Rating 3/10), Canoga Park High School (GreatSchools Rating 4/10), Owensmouth Continuation (GreatSchools Rating 2/10), Ivy Academia (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $5,741 (source: MLS/based on county public records data).

The last sale was on May 2, 2023 for $455,000 (source: MLS/tax record).

The property at 7131 Farralone Ave Unit 48 has 2 bedrooms and 1 bathroom.

The property 7131 Farralone Ave Unit 48 is 868 SqFt (source: MLS/tax record).

The year of construction for 7131 Farralone Ave Unit 48 is 1976.

This home is located at 7131 Farralone Ave Unit 48 in Canoga Park, CA and zip code 91303 in the Canoga Park neighborhood. This 868 square foot home, which was built in 1976, sits on a 3.87 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $525,000.

While more than 282 listings in Canoga Park, CA in June 2025 were sold above asking price, there were more than 108 listings sold at asking price, and more than 339 were sold below. The number of homes for sale in Canoga Park, CA increased by 9% between May and June 2025. While the average time on the market in June 2025 was 34 days, the median list price was $876,067.

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

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