Virtually Staged.
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7131 Farralone, 46, Canoga Park, CA 91303

$299K1bd · 1ba · 488 sqft
Lot 168,376 sqft•HOA $610/mo•Condominium•
Active
•52d on market•MLS# SR-26147919

Property Description

Privacy abounds in this top-floor 1-bedroom, 1-bath unit. It is the lowest-priced currently available in the Canoga Lakes community. Freshly updated with new flooring, fresh paint, and an updated kitchen and bathroom, the home is filled with natural light and opens to a private balcony with serene views. Set within the desirable Canoga Lakes community, residents enjoy ponds, streams, mature trees, walking paths, two swimming pools, tennis courts, a fitness center, beautifully landscaped grounds, deeded parking, as well as ample guest parking. Whether you're a first-time buyer or downsizing, this move-in-ready unit offers an affordable opportunity to own rather than rent. The seller may be willing to assist with an interest rate buy down for the buyer. This is a wonderful opportunity that won't last!

Features & Amenities

FeeBuilt 1976

Property Details

Land Type
Fee
Year Built
1976
Property Type
Residential
Property Subtype
Condominium
Heating
Heat Pump
Cooling
Central Air, None
View
Lake, Pool, Trees/Woods, Valley
City
Canoga Park
Zip Code
91303
County
Los Angeles
Listed byColdwell Banker Realty, Davit Arabyan

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,511.91
Principal & Interest
Loan Amount
$239,200
Total Interest
$305,086
Total Payment Over 30 Years
$544,286
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

7131 Farralone, 46, Canoga Park, CA 91303

Canoga Park · Condominium

$299K
Affordable Tier
Beds
1
Baths
1
Sqft
488
Lot
3.87 ac
Year
1976
$/Sqft
$613
Pool: Yes✓
View: Lake, Pool, Trees/Woods, Valley✓

Listed 14.6% below the median closed sale of $350,000. Expect a longer timeline — comps averaged 191 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $299K· $613/sqft
Total list price
Closed comps
vs closed median $350K
−$51K (−14.6%)
Active comps
vs active median $335K
−$36K (−10.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $573
+$40 (+7.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
21801 RoscoeCanoga Park198011511169,910$559$285,900494
21800 Schoenborn StreetCanoga Park198011511169,910$528$269,9006693
7050 ShoupCanoga Park197711568221,602$590$335,00013587
6815 RemmetCanoga Park19861161956,680$606$375,0001583
7101 Farralone AvenueCanoga Park197711670170,211$582$390,00010383
Total: 5 · Average1.01.0575.8157,662.6$573$331,16064.6
Median568$335,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
7131 Farralone AvenueCanoga Park197608/27/202611471168,376$319,000$319,000$6771.003495
7150 Carlson CircleCanoga Park197608/20/202611471168,376$350,000$350,000$7431.0020395
7101 FarraloneCanoga Park197708/25/202611693170,211$410,000$410,000$5921.004085
7111 FarraloneCanoga Park197707/30/202611670170,211$395,000$400,000$5971.014383
8801 Independence AvenueCanoga Park197806/15/20261162641,004$225,000$220,507$3520.9863581
Total: 5 · Average1.01.0586.2143,635.6$339,901.4$339,901.4$592.2—191
Median626$350,000$350,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.