
Woodland Hills, California 91364
This Custom Hillside Residence is a Prime Investment Opportunity, listed at $1,260,000—positioned well below the $1,293,856 Fair Market Value by 2%. This valuation gap provides $33,856 in Instant Equity. While maintaining a Condition Rating of 4, the home features updated critical systems and striking Panoramic Valley Views. Located within the elite Calabasas High School boundaries, the versatile floor plan includes a massive bonus room for a studio or gym. This is an ideal acquisition for Owner-Occupants seeking a view-driven sanctuary or Value-Add Investors looking to modernize a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21651 Yucatan Avenue Subject | $1,260,000* List Price | 3 | 3 | 2,717 | $464 | - |
A 4927 Alatar Drive Sold | $1,399,000 | 3 | 4 | 2,690 | $520 | 0.3 mi |
B 21438 Mulholland Sold | $1,580,000 | 5 | 3 | 2,684 | $589 | 0.8 mi |
C 21801 Providencia Sold | $1,000,000 | 4 | 3 | 2,092 | $478 | 0.2 mi |
D 5139 San Feliciano Sold | $1,300,000 | 3 | 2 | 2,159 | $602 | 0.7 mi |
E 4140 Picasso Avenue Sold | $1,070,000 | 3 | 3 | 2,087 | $513 | 0.8 mi |
F 5063 Serrania Avenue Sold | $1,155,025 | 4 | 3 | 2,328 | $496 | 0.7 mi |
G 4922 Escobedo Drive Sold | $1,240,000 | 5 | 3 | 2,279 | $544 | 0.6 mi |
H 4230 Canoga Avenue Sold | $1,005,000 | 3 | 2 | 1,738 | $578 | 0.8 mi |
I 4848 Alatar Drive Active | $1,550,000 List Price | 4 | 3 | 2,595 | $597 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property is well-maintained but aesthetically dated. While critical systems have been updated (tankless water heater, zoned HVAC, double-pane windows), the kitchen cabinetry, mirrored closet doors, and bathroom finishes appear to be from a renovation older than 20 years, requiring cosmetic modernization to meet current standards.
Situated 'South of the Boulevard' behind a private gated driveway, this property offers a rare combination of secluded serenity and immediate proximity to Ventura Boulevard's premium amenities.
The custom hillside design features striking vaulted wood-beamed ceilings and four separate balconies that capture stunning panoramic views of the valley and canyon.
The home includes a massive bonus room and a dedicated office with custom built-ins, providing exceptional flexibility for a professional recording studio, gym, or creative workspace.
The property is situated on a steep downslope, which limits usable flat yard space and may require significant investment to terrace for functional outdoor use.
The custom hillside architecture involves multiple levels and staircases, which may be a drawback for buyers seeking single-level living or high accessibility.
Rams Village at Warner Center? What? You don't know about this massive and versatile real estate development coming to the area? Just Google it, as they say. Buy this South of the Boulevard House Now and ride the easy equity wave to increased future market value. This custom-built hillside home, south of the boulevard, intertwines nature, panoramic views and architectural character. Tucked behind a private, gated driveway for maximum serenity and security, this airy home features striking interiors with vaulted wood-beamed ceilings, chic whitewashed ceiling planking, and a versatile semi-open floor plan that flows onto four East-facing balconies—perfect for watching the sunrise or the twinkling valley lights at night. The primary bedroom is more than 300 square feet and offers an ensuite bathroom with dual sinks and a sunken walk in shower with dual shower heads. Another showcase feature, created by a local artist, is the two panel sliding glass bathroom doors etched with a design of crashing waves and bubbles. This house accommodates both professional and flexible living with a dedicated office with custom built-ins and a massive bonus room ideal for a professional recording studio, gym or perhaps a studio apartment. The attached garage has direct interior access making loading in the groceries easy. Additional features include energy-efficient double-pane windows, a tankless water heater and zoned central air. Outside, the low-maintenance property features two downslope areas ready to be reimagined as terraced gardens or custom viewing decks. Located moments from the natural beauty of Serrania Park and the prestigious Woodland Hills Country Club, this home offers easy access to leisure and recreation. Neighborhood shopping and dining along Ventura Boulevard are just blocks away, with even more options available North on Topanga Boulevard and at the future Rams Village at Warner Center. While riding the easy equity wave, catch a real wave at the beaches just south on Topanga Boulevard. If you break your leg surfing then Kaiser Permanente Hospital and many other medical centers are nearby. This superior location truly offers the best of all worlds in vibrant Woodland Hills! Be sure to check out the virtual tour and drone video. Call me, I would love to tell you about this property and the opportunity that awaits the savvy buyer.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.8 mi
Grades K-5 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,717 | 2,235.675 |
| Lot Size | 9,394 | 10,981.318 |
| Price | $1.26M | $1.39M |
| Price per sq ft | $464 | $640 |
| Built year | 1981 | 1960 |
| HOA | $0 | $434 |
| Days on market | 131 | 60 |
May 1, 2026
$1,260,000
Initial Listing
Jul 14, 2003
$685,000
Public Record
Oct 25, 1996
$285,000
Public Record