21620 Burbank Boulevard 9, Woodland Hills, California 91367, Woodland Hills, 91367 - 3 bed, 3 bath
21620 Burbank Boulevard 9
Woodland Hills, California 91367
Property Price
SUMMARY
Analysis of 21620 Burbank Boulevard 9, Woodland Hills, California 91367 is currently available with a list price of $580,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Woodland Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
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of deferred maintenance indicate that the kitchen, bathrooms, and major systems are likely functional but significantly outdated, fitting the criteria for a home that has not been renovated in over 20 years.
PROSSTRENGTHS & OPPORTUNITIES
- Value-Add Potential
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.
- Spacious Floor Plan
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.
- Seller Motivation
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.
CONSRISKS & DEFICIENCIES
- High Association Fees
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.
- Deferred Maintenance
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.
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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 95% |
| Baths | 3.0 | 2.0 | 92% |
| Square foot | 1,595 | 920 | 95% |
| Lot Size | 119,321 | 72,238 | 51% |
| Price | $580.0K | $495.0K | 78% |
| Price per sq ft | $364 | $547 | 3% |
| Built year | 1981 | 1987 | 35% |
| HOA | $780.0 | $557 | 95% |
| Days on market | 8 | 176 | 3% |
Pricing History
Listed for Sale
Feb 26, 2026
$580,000
Initial Listing
Sold
Oct 20, 1995
$135,000
Public Record