
Woodland Hills, California 91364
This Versatile Single Family Residence represents a Prime Investment Opportunity, listed at $1,485,000—positioned well below the $1,522,707 Fair Market Value by 2%. This valuation gap provides $37,707 in Instant Equity. With a Condition Rating of 3, the home features a remodeled primary suite and modern kitchen. The 12,601 sq. ft. lot with Burgundy Road access offers significant ADU potential. Located near top-rated schools like Chaparral Elementary, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22921 Cass Avenue Subject | $1,485,000* List Price | 4 | 5 | 2,949 | $516 | - |
A 22370 Algunas Road Sold | $1,720,000 | 4 | 4 | 2,920 | $589 | 0.5 mi |
B 4642 Cerrillos Drive Sold | $1,490,000 | 5 | 3 | 2,868 | $520 | 0.6 mi |
C 4604 Dunman Sold | $1,620,000 | 4 | 4 | 3,873 | $418 | 0.1 mi |
D 22623 Cavalier Street Sold | $1,350,000 | 4 | 5 | 2,194 | $615 | 0.2 mi |
E 5139 San Feliciano Sold | $1,300,000 | 3 | 2 | 2,159 | $602 | 0.9 mi |
F 23122 Gainford Street Sold | $1,550,000 | 3 | 3 | 2,426 | $639 | 0.5 mi |
G 4607 Romberg Place Pending | $1,599,000 List Price | 5 | 3 | 2,748 | $582 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1967 but significantly updated, this home is in move-in ready condition. Key updates include a newly remodeled primary bathroom, updated hall bath, newer double-paned windows, and an upstairs HVAC system replaced approximately two years ago. The kitchen features modern stone countertops and stainless steel appliances, placing the overall renovation status within the 5-15 year range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12601, living area = 2949.
The property features unique dual access from Burgundy Road, providing a significant opportunity to build an ADU or second residence with independent entry on the large 12,601 square foot lot.
A finished basement with a built-in bar and multiple access points, combined with a main-floor bedroom, offers exceptional flexibility for multi-generational living, a home office, or a studio.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2949, other record living area = 2489.
The multi-level, terraced backyard may be less ideal for buyers seeking a large, flat lawn area and could require more intensive landscaping maintenance.
Despite key updates like the primary bathroom, the 1967 construction and certain interior finishes may require additional modernization to meet contemporary luxury standards.
A rare South of the Boulevard opportunity offering space, versatility and future potential on a 12,601 square foot lot. This 4 bedroom, 5 bath residence offers 2,949 square feet of living space. Separate access from Burgundy Road creates potential for an ADU or second residence, subject to applicable approvals. The first floor features distressed hardwood floors throughout the main living areas and newer double paned windows throughout the home. The living and formal dining areas lead to an open kitchen, family room and casual dining area. The kitchen features white cabinetry, black stone countertops, stainless steel appliances, a center island with cooktop and ample storage. The family room includes a stone faced fireplace, exposed dark ceiling beams and built in cabinetry. A window lined breakfast area overlooks the backyard. A first floor bedroom offers flexibility for guests, extended family or a home office. The main level also includes a full bathroom and separate laundry room with direct backyard access. Upstairs are three additional bedrooms. The primary suite features a newly remodeled bathroom with dual vanities and a walk in shower, plus direct access to a covered balcony overlooking the backyard. The hall bathroom has also been updated. The additional basement level features tile flooring, a large great room, built in bar and full bathroom with shower. Three access points include interior access from the kitchen, exterior access from the side of the home and direct access from the garage. The space offers flexibility for recreation, entertaining, a gym, office, studio or other uses. The multi level backyard features mature landscaping, hardscape, decking, a jacuzzi and separate areas for outdoor dining, seating and barbecue. Terraced grounds provide multiple usable outdoor spaces. The rear portion of the lot has separate Burgundy Road access, providing an opportunity to explore an ADU or potentially a second residence with independent access from the main home. Buyer to independently verify development potential and applicable requirements. Additional features include dual zone HVAC serving the first and second floors, with the upstairs system replaced approximately two years ago, an attached garage, driveway parking, gated frontage and landscaped front grounds.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 2.1 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 5.0 | 3.0 |
| Square foot | 2,949 | 2,235.675 |
| Lot Size | 12,601 | 10,981.318 |
| Price | $1.49M | $1.39M |
| Price per sq ft | $504 | $640 |
| Built year | 1967 | 1960 |
| HOA | $0 | $434 |
| Days on market | 23 | 60 |
Aug 17, 2026
$1,485,000
Initial Listing
May 17, 2013
$700,000
Public Record
Jan 9, 2013
$500,000
Public Record
Jan 31, 1994
$275,000
Public Record