About this home

BEST OPPORTUNITY IN SOUTHERN CA! 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. **2nd Chance for Savvy Buyers**

Facts and features

Schools

• Stagg Street Elementary School

  elementary · K-5 · 0.7 mi

  5

• William Mulholland Middle School

  middle · 6-8 · 1.1 mi

  6

• St. Bridget of Sweden Elementary School

  elementary · K-8 · 0.6 mi

• Lake Balboa College Preparatory Magnet K-12

  elementary · K-12 · 1.1 mi

  8

• The Help Group's North Hills Prep

  elementary · 3-12 · 0.7 mi

• The Northridge Community School

  elementary · K-7 · 0.7 mi

Price history

• Aug 31, 2026 · Relisted$899,000
• Aug 30, 2026 · Listing Removed—
• Aug 13, 2026 · Listed$899,000
• Oct 19, 2018 · Listing Removed$499,950
• Oct 19, 2018 · Listing Removed$320,000
• Oct 19, 2018 · Listing Removed$497,500
• Dec 2, 2016 · Sold$460,000
• Sep 9, 2016 · Listed$445,000

Tax history

• 2025$7,484 tax · $613,589 assessed
• 2024$7,396 tax · $601,562 assessed
• 2023$7,256 tax · $578,205 assessed
• 2022$6,922 tax · $566,868 assessed
• 2021$6,833 tax · $555,754 assessed
• 2020$6,899 tax · $550,057 assessed
• 2019$6,596 tax · $478,583 assessed
• 2018$5,774 tax · $469,200 assessed

Home value

$890,000

• Collateral Analytics$890,000
• Cotality$892,100
• Quantarium$889,894

Where it is