
Woodland Hills, California 91364
This Spacious Multi-Parcel Residence is a Strong Value Opportunity, listed at $1,275,000—positioned well below the $1,340,535 Fair Market Value by 4%. This valuation gap offers $65,535 in Instant Equity. The property is in Good Condition, featuring remodeled bathrooms and a versatile 384 sq. ft. bonus space. With two separate parcels, it offers significant development potential for an ADU. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a home with mountain views and long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20906 Almazan Road Subject | $1,275,000* List Price | 4 | 3 | 2,801 | $479 | - |
A 4249 Torreon Drive Sold | $1,550,000 | 4 | 3 | 2,775 | $559 | 0.6 mi |
B 4922 Escobedo Drive Sold | $1,240,000 | 5 | 3 | 2,279 | $544 | 0.8 mi |
C 4322 Rosario Road Sold | $1,210,000 | 3 | 3 | 2,940 | $412 | 0.1 mi |
D 4267 Canoga Avenue Sold | $1,450,000 | 5 | 3 | 3,029 | $479 | 0.4 mi |
E 4120 Carrizal Road Active | $1,199,999 List Price | 4 | 4 | 2,537 | $473 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1978, the property is well-maintained and move-in ready. It features significant updates including remodeled bathrooms, newer windows and doors, and updated flooring in the main living areas. Although some exterior elements like the balcony decking show age, the interior renovations align with the 'Good' criteria for functional, updated spaces.
The property includes two separate parcels with individual APNs, offering a rare and valuable opportunity to build an ADU or expand the existing footprint.
A 384-square-foot ground-level bonus space with dual entry doors provides flexible utility as a professional home office, creative studio, or potential income-generating rental unit.
Situated on a quiet cul-de-sac near premier hiking trails, the home features high ceilings and newer windows that maximize natural light and stunning mountain scenery.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5901, other record lot size in square feet = 2939. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2801, other record living area = 2200.
While some nearby schools are highly rated, several assigned elementary and middle schools have lower ratings, which may be a concern for families prioritizing education.
Despite the dual-parcel advantage, the total lot size of 5,901 square feet is relatively modest, potentially limiting the scale of outdoor amenities or landscaping.
Located on a quiet cul-de-sac street surrounded by lush trees and just a stone throws away from incredible hiking trails that will take you to Mulholand while you enjoy all the beautiful mountain scenery. This large 4-bedroom 3 bath home sits on 2 separate parcels with separate APN's giving you plenty of space to possibly build an ADU or other possibilities. There are plenty of outdoor sitting areas for you to entertain and take in the incredible views from the large porch. The home has high ceilings, newer windows and doors letting in all that natural light. there are 2 separate living rooms giving you ample space for entertaining. The home has 2 fireplaces, 1 in the living room and another in the large primary suite. all 4 bedrooms are on the upper floor with a remodeled bathroom between bedrooms and a remodeled bathroom in the primary suite with large walk-in shower and soaking tub. there are dual sinks vanities a walk-in closet and a balcony with incredible mountain views, perfect for those relaxing mornings. Connected to the living room is a dining room that is right off the kitchen. Adjacent to the kitchen is the laundry room with a door that leads out to the side property. The adjacent property has sprinklers as well as a drip irrigation system and a wood fence. The 384 square foot bonus space on the ground level has dual entry doors and would make a great office space, studio, workshop or a possible rental unit. Come see what this fabulous home has to offer.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 3.4 mi
Grades K-5 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,801 | 2,184 |
| Lot Size | 5,901 | 11,703 |
| Price | $1.27M | $1.45M |
| Price per sq ft | $455 | $651 |
| Built year | 1978 | 1960 |
| HOA | $0 | $425 |
| Days on market | 44 | 58 |
Jun 8, 2026
$1,275,000
Initial Listing
Mar 17, 2020
$903,000
Public Record
Feb 3, 1994
$235,000
Public Record