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10330 Woodman Avenue, San Fernando, California 91345, San Fernando, 91345 - 4 bed, 3 bath

10330 Woodman Avenue, San Fernando, California 91345 home-pic-0
ACTIVE$900,000
10330 Woodman Avenue, San Fernando, California 91345
4Beds
3Baths
1,872Sqft
7,133Lot

Price Vs. Estimate

The estimated value ($900,000) is $0 (0%) lower than the list price ($900,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating ADU: The detached 400 sqft Accessory Dwelling Unit (ADU) offers significant potential for rental income, multi-generational living, or a dedicated home office, enhancing property value and utility.
Top Cons:
Age and Renovation Needs: Built in 1954, the property is likely to require significant updates and renovations to modernize its systems, aesthetics, and overall condition, representing a substantial additional investment for the buyer.

Compared to the nearby listings

Price:$900.0K vs avg $831.0K (+$69,000)73%
Size:1,872 sqft vs avg 1,438 sqft76%
Price/sqft:$481 vs avg $53627%

More Insights

Built in 1954 (71 years old).
Condition: Built in 1954, this property is an older home that has received some cosmetic updates but still requires significant modernization. The kitchen features updated white shaker cabinets and solid-surface countertops, but is held back by dated white appliances and terracotta-style floor tiles. The bathrooms are basic and also feature the same dated terracotta-style flooring. Hardwood floors in other living areas show visible wear. While the home appears functional and clean with fresh paint, the overall style, older windows, and exterior landscaping indicate a need for further updates and personalization, as suggested by the listing description itself. It is not in 'poor' condition as it is habitable, but it is far from 'good' or 'excellent' due to its age and the extent of outdated features.
Year Built
1954
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$481
HOA
-
Days on market
-
Sold On
-
MLS number
SR25148356
Home ConditionFair
Features
View-

About this home

Welcome to this charming corner lot home in the desirable Mission Hills neighborhood of Los Angeles! This property, located at 10330 Woodman Ave, offers a wonderful opportunity for buyers looking to make their mark on a well-located residence. With 3 bedrooms and 2 bathrooms spread across 1,172 square feet of living space, this home provides a comfortable and functional layout that is perfect for families or individuals seeking for an investment opportunity. There is tremendous potential to transform this space into a personalized oasis. Additionally, the property sits on a generous 7,113 square foot lot, offering plenty of outdoor space for various activities and future expansion possibilities. One of the unique features of this property is the detached 400 Sqft Accessory Dwelling Unit (ADU) located at the back with its own address on Blackhawk. This presents an excellent chance for multigenerational living, potential rental income, or even a private home office space to cater to various lifestyle needs. Currently, it is tenant occupied and will be delivered with tenants who are on a month-to-month basis. Conveniently situated in Mission Hills, this residence enjoys easy access to a plethora of amenities, schools, parks, shopping, and dining options. The neighborhood's strong sense of community and proximity to major transportation routes make it a prime location for both practicality and comfort. Don't miss this chance to invest in a property that allows you to put your personal touch on it, unlocking its full potential.

Condition Rating
Fair
Built in 1954, this property is an older home that has received some cosmetic updates but still requires significant modernization. The kitchen features updated white shaker cabinets and solid-surface countertops, but is held back by dated white appliances and terracotta-style floor tiles. The bathrooms are basic and also feature the same dated terracotta-style flooring. Hardwood floors in other living areas show visible wear. While the home appears functional and clean with fresh paint, the overall style, older windows, and exterior landscaping indicate a need for further updates and personalization, as suggested by the listing description itself. It is not in 'poor' condition as it is habitable, but it is far from 'good' or 'excellent' due to its age and the extent of outdated features.
Pros & Cons

Pros

Income-Generating ADU: The detached 400 sqft Accessory Dwelling Unit (ADU) offers significant potential for rental income, multi-generational living, or a dedicated home office, enhancing property value and utility.
Generous Corner Lot: The property sits on a substantial 7,113 sqft corner lot, providing ample outdoor space, potential for future expansion, and often benefits from increased privacy and natural light.
Value-Add Opportunity: Explicitly marketed for its 'tremendous potential to transform' and 'put your personal touch on it,' this property appeals to buyers looking to customize and increase equity through renovation.
Desirable Location: Conveniently situated in the Mission Hills neighborhood, offering easy access to amenities, schools, parks, shopping, dining, and major transportation routes, contributing to strong community appeal.
Flexible ADU Occupancy: The ADU's current month-to-month tenant status provides flexibility for the new owner to either continue generating rental income or transition to personal use with appropriate notice.

Cons

Age and Renovation Needs: Built in 1954, the property is likely to require significant updates and renovations to modernize its systems, aesthetics, and overall condition, representing a substantial additional investment for the buyer.
Tenant Occupancy Management: While flexible, the existing month-to-month tenancy in the ADU means a buyer intending to occupy the unit personally will need to navigate tenant notice periods and potential relocation, which can add complexity and time.
Square Footage Discrepancy: There is a notable difference between the described main house (1,172 sqft) plus ADU (400 sqft) totaling 1,572 sqft, and the listed total living area of 1,872 sqft, which requires clarification and could affect appraisal or buyer expectations.

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