22663 Margarita Drive, Woodland Hills, California 91364, Woodland Hills, 91364 - 3 bed, 3 bath
22663 Margarita Drive
Woodland Hills, California 91364
Property Price
SUMMARY
Analysis of 22663 Margarita Drive, Woodland Hills, California 91364 reveals a Fairly Priced Property with a current list price of $1,099,000 aligned with the estimated $1,099,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22663 Margarita Drive Subject | $1,099,000* List Price | 3 | 3 | 2,238 | $491 | - |
A 22051 Mulholland Way Sold | $1,095,000 | 4 | 3 | 2,195 | $499 | 0.8 mi |
B 4616 Coyle Sold | $1,315,000 | 3 | 4 | 2,202 | $597 | 0.5 mi |
C 22633 Crespi Street Sold | $975,000 | 4 | 3 | 2,130 | $458 | 0.9 mi |
D 22297 Buena Ventura Street Sold | $801,000 | 4 | 2 | 1,979 | $405 | 0.5 mi |
E 4711 Deseret Drive Sold | $1,230,000 | 3 | 2 | 2,544 | $483 | 0.7 mi |
F 22628 Quinta Road Active | $1,250,000 List Price | 4 | 3 | 2,304 | $543 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1978, is well-maintained and move-in ready, but key areas like the kitchen and bathrooms show signs of being outdated. The kitchen features stainless steel appliances, but the traditional wood cabinets and speckled granite countertops appear to be from an update 15-25 years ago, not recent. The primary bathroom vanity and fixtures also reflect an older style. While functional, the home would benefit from cosmetic updates to modernize its aesthetic, aligning with the 'fair' category's criteria for properties built over 20 years ago and renovated 15-30 years ago, showing signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Accessibility
Located in a highly desirable Woodland Hills neighborhood, offering convenient access to public transportation, The Calabasas Commons, and Westfield Topanga shopping and dining.
- Award-Winning School District
The property is situated within a district known for its award-winning schools, a significant draw for families.
- Luxurious Primary Suite
Features a stunning primary suite with a private enclosed balcony, soaring ceilings, and a spa-quality bath including a separate shower and soaking tub.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential Updates
Built in 1978, while described as a 'charmer,' buyers may anticipate potential costs for updating major systems or non-cosmetic elements not explicitly mentioned as recently renovated.
- Recent Price Reductions
The property has undergone two price reductions from its original listing, which could indicate initial overpricing or a need to stimulate buyer interest.
- Limited Premium Views/Amenities
The property offers a 'Neighborhood' view rather than panoramic city or canyon views often sought in this area, and there is no mention of a pool or other high-demand luxury amenities.
About 22663 Margarita Drive
Warm and Welcoming Woodland Hills Charmer with Award Winning Schools! A light and bright formal entry invites you into this classic Woodland Hills home. The living room opens to an enclosed patio area and unique atrium offering indoor / outdoor living opportunities. An oversized dining room complements a very spacious family room with cathedral ceilings, a cozy fireplace and wet bar. The kitchen has tons of storage, stainless steel appliances, and a butler pantry area with added storage and counterspace as well as a wine fridge. Upstairs is a stunning primary suite with a private enclosed balcony, soaring ceilings, and spa quality bath with separate shower and soaking tub. The backyard gardens offer privacy and space for al fresco dining and entertaining. Located in a very desirable Woodland Hills Neighborhood, close to public transportation, the Calabasas Commons and Westfield Topanga shopping and dining, this lovely home has so much to offer it's next owner!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 8,945 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Woodland Hills Unified Schools
Chaparral Elementary School
Grades K-5 • 0.7 mi
Bay Laurel Elementary School
Grades K-5 • 2.0 mi
Round Meadow Elementary School
Grades K-5 • 2.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,238 | 2,288 | 49% |
| Lot Size | 8,945 | 9,944 | 45% |
| Price | $1.10M | $1.35M | 28% |
| Price per sq ft | $491 | $624 | 19% |
| Built year | 1978 | 1962 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 512 | 183 | 0% |
Pricing History
Listed for Sale
Jan 30, 2026
$1,099,000
$1,124,000
-2% Price Drop
Initial Listing
Price Change
Oct 1, 2025
$1,124,000
Initial Listing
Price Change
Oct 10, 2024
$1,199,000
Initial Listing