21620 Burbank Boulevard 9, Woodland Hills, California 91367, Woodland Hills, 91367 - 3 bed, 3 bath
Loading property details...
21620 Burbank Boulevard 9
Woodland Hills, California 91367
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,595Sq Ft
119,321Lot Size
Property Price
LIST PRICE$580,000
EST. MARKET VALUE
$589,420
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $590,000—positioned well below the $597,562 Fair Market Value by 1%. This valuation gap offers $7,562 in Instant Equity for buyers. Featuring a 1,595 sqft floor plan and a Fair Condition Rating, the unit requires cosmetic updates to maximize its value. With a 3-bedroom, 3-bath configuration and scenic views, this is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through renovation.
Estimated Market Value
$589,420
Based on Realkey algorithm analyzing recent comparable sales in Woodland Hills.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21620 Burbank Boulevard 9 Subject | $580,000* List Price | 3 | 3 | 1,595 | $370 | - |
A 22249 1/2 Erwin Sold | $644,330 | 3 | 3 | 1,579 | $408 | 0.9 mi |
B 5530 Owensmouth Avenue 324 Active Under Contract | $459,900 List Price | 2 | 2 | 1,010 | $455 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1981 (45 years old) and appears to have original or dated finishes, as the listing mentions it has been owned by the same family for many years and needs 'TLC,' new carpet, and paint. While the photos are digitally enhanced, the description of needing cosmetic updates and the age of the systems place it firmly in the 'Fair' category (dated, >20 years old, needing minor repairs/updates).
PROSSTRENGTHS & OPPORTUNITIES
- Value-Add Potential
Priced competitively for a 3-bedroom unit in Woodland Hills, this property offers significant equity-building potential for investors or owner-occupants willing to invest in cosmetic updates like paint and flooring.
- Spacious Floor Plan
With 1,595 square feet of living space and a 3-bedroom, 3-bathroom configuration, the home provides a generous and functional layout that is rare for condominiums in this price bracket.
- Motivated Seller
The listing explicitly states the seller is motivated and open to offers, providing a strategic opportunity for buyers to negotiate favorable terms in a desirable neighborhood.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly association fee of $780 is substantial, which may impact buyer affordability and overall debt-to-income ratios for financing.
- Immediate Renovation Required
The property requires immediate 'TLC' and updates to fixtures and finishes, as evidenced by the disclosure that marketing photos have been digitally enhanced to mask its current condition.
About 21620 Burbank Boulevard 9
Fantastic opportunity in Woodland Hills! Spacious 3-bedroom, 3-bath condo owned by the same family for many years. With a little TLC, fresh paint, new carpet, and updated fixtures, this home can truly shine. Ideal for buyers looking to customize or investors seeking value. Seller is motivated and open to offers! Pictures are digitally enhanced.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 119,321 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $780.0 / Month
Neighborhood Insights
Woodland Hills Unified Schools
Woodland Hills Charter Academy
Grades 6-8 • 0.9 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,595 | 922.632 |
| Lot Size | 119,321 | 80,271.447 |
| Price | $580.0K | $567.0K |
| Price per sq ft | $364 | $518 |
| Built year | 1981 | 1987 |
| HOA | $780.0 | $582 |
| Days on market | 28 | 66 |
Pricing History
Listed for Sale
Aug 19, 2026
$580,000
$590,000
-2% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$590,000
Initial Listing
Sold
Oct 20, 1995
$135,000
Public Record