
Woodland Hills, California 91364
This Single Family Residence represents a Strong Value Opportunity, listed at $1,040,000—positioned slightly above the $1,037,732 Fair Market Value. While the home maintains a Fair Condition Rating with dated finishes, its Canyon and Golf Course views and approved ADU plans provide significant upside for forced appreciation. The property offers a unique "treehouse" lifestyle near top-rated schools like Chaparral Elementary and Calabasas High. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage the ADU potential for future rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20914 Pilar Road Subject | $999,900* List Price | 2 | 2 | 1,576 | $635 | - |
A 20935 Avenue San Luis Sold | $1,095,000 | 2 | 3 | 1,542 | $710 | 1.0 mi |
B 5161 Canoga Avenue Sold | $890,000 | 2 | 1 | 1,208 | $737 | 1.0 mi |
C 4404 Canoga Drive Sold | $1,100,000 | 3 | 2 | 1,692 | $650 | 0.7 mi |
D 22029 Mulholland Way Sold | $1,056,000 | 3 | 2 | 1,530 | $690 | 1.0 mi |
E 4230 Canoga Avenue Sold | $1,005,000 | 3 | 2 | 1,738 | $578 | 0.6 mi |
F 21331 Dumetz Road Sold | $910,000 | 3 | 2 | 1,214 | $750 | 0.6 mi |
G 4535 San Blas Active | $1,100,000 List Price | 3 | 2 | 1,745 | $630 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1975 and, while very well-maintained and move-in ready, features dated elements. The kitchen/laundry area shows oak-style cabinetry and white appliances consistent with a 20+ year old renovation. While the wood floors and high ceilings are in good condition, the home lacks modern updates to the primary systems and finishes, placing it in the 'Fair' category due to its age and dated aesthetic.
Situated South of the Boulevard in a highly desirable canyon enclave, the property offers a serene 'treehouse' atmosphere with mature trees and immediate access to elite hiking trails and the Woodland Hills Country Club.
The interior features soaring high ceilings and expansive windows that flood the home with natural light, creating an open and airy living space that seamlessly integrates the surrounding nature.
The availability of approved ADU plans and permits for a 425 sq ft studio and primary bath expansion provides a rare, 'shovel-ready' opportunity to increase square footage and property value.
With only 2 bedrooms and 1.5 bathrooms, the current configuration may be restrictive for growing families or buyers seeking a traditional primary suite, especially at this price point.
The ADU plans and permits are not included in the list price and must be negotiated separately, requiring the buyer to commit further capital beyond the initial purchase to unlock the home's full potential.
Quiet Canyon Retreat South of the Boulevard Tucked away in the highly desirable hills South of the Boulevard, this uniquely charming 2-bedroom, 1.5-bath residence (and inquire about approved ADU plans/permits) offers the perfect balance of peaceful canyon living and everyday convenience. Surrounded by mature trees and natural beauty, this bona fide Woodland Hills gem feels like your own private treehouse retreat while remaining just minutes from shopping, dining, and commuter access. Step inside to discover high soaring ceilings, expansive windows, and an abundance of natural light that create an open, airy atmosphere and seamlessly bring the outdoors in. Warm real wood flooring enhances the inviting interior, while the home’s elevated setting and treetop surroundings add to its unique sense of serenity and charm. Wake up to the tranquility of canyon life in a quiet, low-traffic setting where nature becomes part of your everyday lifestyle. Enjoy nearby access to miles of scenic hiking, mountain biking, walking, and running trails throughout the Santa Monica Mountains, including the renowned Backbone Trail system. Not to mention the William Bell-designed 18-hole course at Woodland Hills Country Club a short walk down the hill. A private garage provides secure parking with a valuable additional storage shed. . This location offers the best of both worlds — peaceful surroundings with effortless access to top dining, shopping, and the 101 Freeway, plus approximately 30 minutes to the coast for easy beach days and weekend getaways. Exceptional Added Opportunity: Approved ADU plans and permits available separately through negotiation for a private 425 sq ft studio above the garage with hillside views, private entry, outdoor landing, garage expansion, and added primary bath—creating strong potential for added living space or future rental income. (Not included in list price.)
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 3.2 mi
Grades K-5 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,576 | 2,184 |
| Lot Size | 5,705 | 11,703 |
| Price | $999.9K | $1.45M |
| Price per sq ft | $634 | $651 |
| Built year | 1975 | 1960 |
| HOA | $0 | $425 |
| Days on market | 48 | 58 |
Jun 20, 2026
$999,900
$1,040,000
-4% Price Drop
Initial Listing
Jun 4, 2026
$1,040,000
Initial Listing
Jul 22, 2015
$631,500
Public Record