
Woodland Hills, California 91367
This High-Potential Investment Opportunity features two residences on one lot, listed at $1,270,000—positioned well below the $1,463,807 Fair Market Value by 13%. This valuation gap provides $193,807 in Instant Equity. With a Condition Rating of 2, the property includes a brand-new 2025 rear unit and a fully renovated front home with copper plumbing and central HVAC. This versatile asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking for multi-generational living solutions in Woodland Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22432 Berdon Street Subject | $1,270,000* List Price | 4 | 3 | 1,779 | $823 | - |
A 22432 Burbank Sold | $1,020,000 | 2 | 3 | 1,160 | $879 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand-new 2025 construction rear residence and a fully renovated front home. Key systems including copper plumbing, electrical, and central HVAC have been upgraded, complemented by modern kitchen and bath finishes, dual-pane windows, and mint-condition flooring throughout.
The property features two distinct homes on a single lot, offering exceptional flexibility for multi-generational living or significant rental income potential in a high-demand area.
The rear residence is a brand-new 2025 build, providing modern energy efficiency, contemporary finishes, and a primary ensuite that meets current market expectations for luxury and comfort.
The original front home has been thoroughly modernized with copper plumbing, upgraded electrical systems, dual-pane windows, and central air conditioning, reducing the risk of immediate capital expenditures.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1779, other record living area = 819. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
With two full residences occupying a 6,754 square foot lot, the available yard space for each unit is relatively constrained, which may limit appeal for buyers seeking large private gardens.
The significant age gap between the 1952 front house and the 2025 rear unit may result in uneven long-term maintenance requirements and architectural inconsistency across the property.
TWO HOMES ON ONE LOT in the heart of Woodland Hills! Welcome to 22432 & 22434 Berdon Street, a unique opportunity offering two separate residences on one property, perfect for multi-generational living, extended family, guests, or buyers looking for additional income potential. The charming front residence at 22432 Berdon features 2 bedrooms and 1 bathroom with a warm and inviting interior. Beautiful wood flooring flows throughout the home, complemented by abundant natural light and a comfortable, functional floor plan. The updated kitchen features granite countertops, ample cabinetry, stainless steel appliances, and generous workspace. Both bedrooms feature custom closets, providing thoughtfully designed storage and organization. Additional highlights include a refreshed bathroom, central air conditioning, dual-pane windows, copper plumbing, upgraded electrical, and a dedicated laundry area. Privately situated at the rear of the property, 22434 Berdon is a newer residence built in 2025 offering 2 bedrooms and 2 bathrooms. Designed for modern living, the home features laminate flooring, central heating and air, ceiling fans, indoor laundry, and a spacious kitchen with a breakfast bar and appliances. Both bedrooms feature custom closets, while the primary suite offers the added convenience of a private ensuite bathroom with dual sinks. Together, the two residences provide a total of 4 bedrooms and 3 bathrooms with two distinct living spaces, offering incredible flexibility for today's lifestyle. Enjoy the opportunity to keep loved ones close while maintaining privacy, create dedicated guest accommodations, or live in one home while utilizing the second for potential rental income. Conveniently located near Woodland Hills shopping, dining, entertainment, schools, parks, and easy access to the 101 freeway. Whether you're searching for a multi-generational property or an opportunity to maximize the benefits of two separate residences, 22432 & 22434 Berdon Street delivers versatility that's hard to find. Two homes. One lot. Endless possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 4.5 |
| Square foot | 1,779 | 2,255 |
| Lot Size | 6,754 | 7,295.5 |
| Price | $1.27M | $1.39M |
| Price per sq ft | $714 | $701 |
| Built year | 1952 | 1955 |
| HOA | $0 | $0 |
| Days on market | 14 | 108 |
Aug 26, 2026
$1,270,000
Initial Listing
Jul 29, 2008
$415,000
Public Record
Jan 4, 2002
$227,000
Public Record