22637 Erwin Street, Woodland Hills, California 91367, Woodland Hills, 91367 - 6 bed, 6 bath

22637 Erwin Street, Woodland Hills, California 91367 home-pic-0

22637 Erwin Street

Woodland Hills, California 91367

ACTIVE
CONDITION: EXCELLENT
6Beds
6Baths
3,412Sq Ft
31,510Lot Size

Property Price

LIST PRICE$3,495,000
EST. MARKET VALUE
$3,606,641
3% BelowMARKET VALUE

SUMMARY

Analysis of 22637 Erwin Street, Woodland Hills, California 91367 reveals a Prime Investment Opportunity with a current list price of $3,495,000—significantly undercutting the $3,606,641 Fair Market Value by 3%. This valuation gap indicates a +$111,641 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.

Estimated Market Value

$3,606,641 +$111,641 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Woodland Hills.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
22637 Erwin Street
Subject
$3,495,000*
List Price
663,412$1,057-
A
23130 Oxnard Street
Active
$3,000,000
List Price
562,691$1,1150.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1951, the property has undergone an extensive, high-end renovation within the last five years, as evidenced by the 2022 sales history and modern luxury finishes. The chef's kitchen features professional-grade Dacor appliances and a 12-foot quartzite island, while the bathrooms are spa-caliber with wet-room showers and curated finishes. The addition of a professional recording studio, a fully equipped guest cottage, and resort-style outdoor amenities indicates that all components meet or exceed current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31510, living area = 3412.

  • Resort-Caliber Grounds

    Situated on nearly a flat acre in the prestigious Walnut Acres, the estate features a professional tennis court, PebbleTec pool with waterfall, and a full outdoor kitchen, offering a rare level of private recreation.

  • Multi-Functional Compound

    The property includes a detached guest cottage with a full kitchen and a professional-grade recording studio, providing excellent potential for rental income, multi-generational living, or creative professionals.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.

  • Infrastructure Age

    Originally built in 1951, the property may possess older underlying systems or structural elements that require more frequent monitoring compared to contemporary new-construction estates.

  • High Maintenance Requirements

    The expansive one-acre lot and numerous luxury amenities, including the tennis court and multiple detached structures, necessitate substantial ongoing maintenance costs and labor.

About 22637 Erwin Street

Welcome to your own private retreat in the heart of Walnut Acres. Tucked behind gates on nearly one flat acre in the highly desirable Walnut Acres, this extraordinary estate offers a private compound where luxury, comfort, and resort-caliber amenities converge, making every day feel like an escape. The main residence offers 5 bedrooms and 4.5 bathrooms, thoughtfully designed within a flexible dual-wing layout that blends privacy with functionality. Step through impressive 8-foot double doors into a stunning formal living and dining salon, anchored by a dramatic floor-to-ceiling marble fireplace. The west wing is devoted to the luxurious primary suite — a serene retreat with direct access to the covered patio and resort-style grounds. The suite features a custom designer walk-in closet complete with built-in steamer and a spa-caliber bath offering a soaking tub, oversized wet-room shower, and curated finishes throughout. An adjacent ensuite bedroom provides flexibility for a private lounge, executive office, nursery, or wellness studio. The east wing hosts three additional sunlit bedrooms — two with direct backyard access — along with two beautifully appointed baths featuring custom vanities and glass-enclosed showers. At the heart of the home lies a true showpiece: an expansive chef’s kitchen and adjoining den designed for gathering at scale. A breathtaking 12-foot quartzite island anchors the space, complemented by professional-grade Dacor appliances, a glass-enclosed wine display, dedicated breakfast area, and seamless indoor-outdoor flow to the covered patio. Mature landscaping surrounds a PebbleTec pool with waterfall feature, a charming putting green, multiple outdoor lounge areas, fire pit gathering space, and a fully equipped outdoor kitchen with BBQ, prep sink, and refrigeration. A professional-size tennis court enhances the estate’s lifestyle appeal, creating a true at-home retreat. The detached garage has been thoughtfully converted into a fully outfitted recording studio — ideal for musicians, producers, podcasters, or as a private content creation space. In addition, a fully equipped detached guest cottage offers one bedroom and one bathroom, along with a full kitchen and laundry — perfect for extended family, guests, a separate executive workspace, or offering exceptional potential for supplemental rental revenue. When you live here, every day feels like a getaway — and you may never want to leave home again.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1951
Lot Size
31,510 Sq. Ft.

Interior

Total Bedrooms
6
Total Bathrooms
6 (6 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds6.04.0
93%
Baths6.03.0
92%
Square foot3,4122,218
86%
Lot Size31,51011,275
96%
Price$3.50M$1.40M
96%
Price per sq ft$1.0K$627
99%
Built year19511960
10%
HOA$0$0
50%
Days on market16166
2%

Pricing History

Listed for Sale

Feb 18, 2026

$3,495,000

Initial Listing

Sold

Sep 23, 2022

$3,100,000

Public Record

Sold

Dec 28, 2021

$1,805,000

Public Record

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