
Woodland Hills, California 91367
This property presents a High-Potential Investment Opportunity with a List Price of $999,999—positioned well below the $968,645 Fair Market Value by -3%. Featuring a 12,954 sq ft lot, this Condition Rating 6 asset offers significant High Available Lot Utilization for new construction or development. The expansive parcel provides the flexibility required for a custom build in a prime location. This is a strategic acquisition ideal for Real Estate Developers or Visionary Investors seeking to maximize land value in Woodland Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22930 Collins Street Subject | $999,999* List Price | 3 | 2 | 1,466 | $661 | - |
A 5636 Ponce Sold | $915,000 | 3 | 2 | 1,264 | $724 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The listing explicitly states the property is being sold for 'lot value' as a 'development opportunity.' Built in 1979 (45+ years old) with no mention of renovations and interior photos withheld, the value is entirely in the land for new construction.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12954, living area = 1466.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Rare development opportunity on flag lot on coveted Collins Street, being sold for lot value. Builders, developers, and visionary buyers, take note. This is an exceptional chance to acquire an expansive 12,950 sq ft, tucked back from the street for privacy and quiet, offering the space and flexibility that are nearly impossible to find in this area. The true value here is the land itself and the potential it holds. Bring your plans and your imagination, whether you are looking to update and enjoy, build a dream home, or pursue a development or investment. The size and configuration of this oversized parcel give you room to create something special in a prime location. Opportunities of this scale and value rarely come available on Collins Street. Interior photos available to qualified parties upon request. Submit your offers and bring your vision.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,466 | 2,184 |
| Lot Size | 12,954 | 11,703 |
| Price | $1000.0K | $1.45M |
| Price per sq ft | $682 | $651 |
| Built year | 1979 | 1960 |
| HOA | $0 | $425 |
| Days on market | 28 | 58 |
Jun 24, 2026
$999,999
Initial Listing