21620 Burbank Boulevard 9, Woodland Hills, California 91367, Woodland Hills, 91367 - 3 bed, 3 bath
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Woodland Hills, California 91367
This Spacious Value-Add Condominium is listed at a List Price of $580,000—positioned well below the $590,295 Fair Market Value by 1%. This valuation gap provides $10,295 in Instant Equity for buyers. Currently holding a Condition Rating of 4, the property requires cosmetic updates to its 1,595 square foot layout to maximize its potential. Featuring a private balcony with a forested greenbelt view and proximity to Woodland Hills Charter Academy, it offers significant upside. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| 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 Active Under Contract | $695,000 List Price | 3 | 3 | 1,579 | $440 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 and owned by the same family for many years, the property is aged and requires cosmetic 'TLC' including fresh paint, new carpeting, and updated fixtures. The listing's reliance on digitally enhanced photos and the explicit mention of deferred maintenance indicate that the kitchen, bathrooms, and major systems are likely functional but significantly outdated, fitting the criteria for a home that has not been renovated in over 20 years.
Priced competitively for the Woodland Hills area, this property offers significant sweat equity potential for buyers or investors looking to customize finishes and build immediate equity through cosmetic renovations.
Boasting 1,595 square feet with a desirable 3-bedroom, 3-bathroom configuration, the unit provides a generous and functional layout that is rare for condominiums at this price point.
The listing explicitly states the seller is motivated and open to offers, providing a strategic advantage for buyers to negotiate favorable terms or price concessions.
The monthly HOA fee of $780 is relatively high, which significantly impacts a buyer's monthly carrying costs and may limit overall affordability for some financing profiles.
The property requires immediate investment in 'TLC,' including paint, flooring, and fixtures, and the use of digitally enhanced marketing photos suggests the current physical condition is dated.
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.
No exterior & parking available.
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 90% |
| Baths | 3.0 | 2.0 | 88% |
| Square foot | 1,595 | 1,010 | 93% |
| Lot Size | 119,321 | 128,387.5 | 45% |
| Price | $580.0K | $523.8K | 69% |
| Price per sq ft | $364 | $550 | 7% |
| Built year | 1981 | 1987 | 36% |
| HOA | $780.0 | $578 | 95% |
| Days on market | 56 | 161 | 10% |
Feb 26, 2026
$580,000
Initial Listing
Oct 20, 1995
$135,000
Public Record