Cul-de-Sac Gem with Assumable 3.125% Loan ! Welcome home to 7550 Ruffner Ave, a beautifully remodeled 3-bedroom, 2-bath retreat tucked on a quiet cul-de-sac just moments from Lake Balboa, Sherman Oaks, and an easy commute to the Westside. This home blends thoughtful updates with everyday livability and comes with a financial edge that's rare in today's market. Step inside to a large, open family floor plan filled with natural light, ideal for both everyday living and entertaining. French doors lead seamlessly from the living space to the backyard, blurring the line between indoor and outdoor living. The remodeled kitchen and living areas flow effortlessly into a spacious layout designed for modern life. The master suite is a true retreat, featuring a fireplace, spa-inspired bath with a large marble-tiled shower and separate water closet for added privacy. Two additional bedrooms and a second full bath round out the interior. Car enthusiasts, hobbyists, and entrepreneurs will love the detached 2-car garage, a standout feature built for serious use. It's equipped with two AC units, its own dedicated 100-amp sub panel, and a commercial-grade exhaust fan, making it perfect for a workshop, studio, or future ADU conversion. The real showstopper: this home comes with an assumable loan of approx. $550,000 at just 3.125% interest, locked in for the next 26 years. In today's rate environment, qualified buyers can step into a payment far below what a new loan would cost. This home allows assumption, making it one of the lowest monthly mortgage payments available on any comparable home in the area. This is a rare opportunity to combine a beautifully updated home with an unbeatable financing advantage. Don't miss your chance to own a move-in-ready home in a prime location with a loan that could save you hundreds per month. Schedule your private showing today. **OFFERS REQUESTED/DUE BY 8/25 AT 12:00PM**
| MLS # | 26871643 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1951 |
| Days On Site | 21 |
| Listing Provided By | Beverly & Company Luxury Properties | Cesar Leyva |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,778 |
| Garage | 2 |
| Story(s) | 1 |
| Units | 1 |
| Zoning | LAR1 |
| Acreage | 0.17 |
| Property View | None |
| Heating | Central, Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Interior Features | Breakfast Bar, Crown Molding, Separate Formal Dining Room, Eat In Kitchen, Open Floorplan |
| Window Features | Double Pane Windows |
| Furnished | Unfurnished |
| Appliances | Dishwasher, Disposal |
| Fireplace Yes / No | Yes |
| Roof | Composition, Shingle |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Stucco |
| Lot Features | Yard |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Concrete, Door Multi, Garage |
| Garage Yes / No | Yes |
| Sewer | Sewer Tap Paid |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91406 |
| Area | LKBL Lake Balboa |
| Listing VS Median (in 91406) | |
Price: $899,000 low | high Med: $694,950 sqft: 1,778 low | high Med: 1,673 $ / sqft: $506 low | high Med: $417 On site: 21 low | high Med: 112.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91406 |
| Area | LKBL Lake Balboa |
| Listing VS Median (in 91406) | |
Price: $899,000 low | high Med: $694,950 sqft: 1,778 low | high Med: 1,673 $ / sqft: $506 low | high Med: $417 On site: 21 low | high Med: 112.5 | |