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

22637 Erwin Street
Woodland Hills, California 91367
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22637 Erwin Street Subject | $3,495,000* List Price | 6 | 6 | 3,412 | $1,057 | - |
A 23130 Oxnard Street Active | $3,000,000 List Price | 5 | 6 | 2,691 | $1,115 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 93% |
| Baths | 6.0 | 3.0 | 92% |
| Square foot | 3,412 | 2,218 | 86% |
| Lot Size | 31,510 | 11,275 | 96% |
| Price | $3.50M | $1.40M | 96% |
| Price per sq ft | $1.0K | $627 | 99% |
| Built year | 1951 | 1960 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 166 | 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




















































