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23036 Victory Boulevard, Woodland Hills, California 91367, Woodland Hills, 91367 - 6 bed, 5 bath

23036 Victory Boulevard, Woodland Hills, California 91367 home-pic-0
ACTIVE$1,249,000$3,311/sqft
Est. Value: $1,293,526
3%
BelowEstimate
23036 Victory Boulevard, Woodland Hills, California 91367
6Beds
5Baths
3,311Sqft
8,832Lot

Price Vs. Estimate

The estimated value ($1,293,526.335) is $44,526.335 (3%) higher than the list price ($1,249,000). This property may be underpriced.

Key pros and cons

Top Pros:
Dual-Residence Property: Features a main house (4 beds, 3 baths) and a brand new, impressive ADU (2 beds, 2 baths, 1000 sq ft) with high ceilings and contemporary finishes, offering significant versatility and potential rental income.
Top Cons:
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.

Compared to the nearby listings

Price:$1.25M vs avg $1.35M ($-101,000)42%
Size:3,311 sqft vs avg 2,150 sqft87%
Price/sqft:$377 vs avg $6264%

More Insights

Built in 1959 (67 years old).
Condition: This is a dual-residence property with a significant disparity in condition. The ADU is brand new with modern, excellent finishes, including a contemporary kitchen with white shaker cabinets, granite countertops, and stainless steel appliances, and stylish, updated bathrooms. However, the main house, built in 1959, features a very dated kitchen with light blue cabinets, older appliances (except for one newer dishwasher), and old tile flooring. One main house bathroom has a very outdated red jetted tub and glass block window, while another has a more recently updated vanity but still shows signs of age. While some areas of the main house have updated flooring and fresh paint, the key areas of the kitchen and at least one bathroom are significantly outdated and would require substantial renovation to meet current quality standards. The overall condition is therefore 'Fair' due to the older, outdated elements of the main house, despite the excellent condition of the new ADU.
Year Built
1959
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$377
HOA
-
Days on market
-
Sold On
-
MLS number
25631105
Home ConditionFair
Features
View-

About this home

Welcome Home to this spectacular dual-residence property in the heart of Woodland Hills. This gorgeous home includes a charming main house with 4 bedrooms, 3 bathrooms with 2,311 sq ft of thoughtfully designed living space, as well as a brand new ADU featuring 2 bedrooms, 2 bathrooms and 1,000 sq ft of bright, modern living. The main house boasts an open-concept living room, perfect for entertaining, with a master bedroom retreat complete with ample natural light. The recently constructed ADU is equally impressive, offering a spacious and airy ambiance thanks to its high ceilings and contemporary finishes ideal for guests, extended family, or potential rental income. Located on one of the most desirable streets in Woodland Hills, you're just a short drive away from local coffee shops, banks, EV charging stations, and some of Woodland Hills's best restaurants. Enjoy a strong sense of community with access to top-rated Woodland Hills schools, tree-lined streets, and a nearby walkable community park. Woodland Hills is known for its small-town charm with big-city conveniences home to major shopping centers and an unbeatable blend of suburban comfort and urban access. This is a perfect opportunity to own a home with added versatility and investment potential in one of LA's most sought-after neighborhoods!

M
Moises Arroyo
Listing Agent
Condition Rating
Fair
This is a dual-residence property with a significant disparity in condition. The ADU is brand new with modern, excellent finishes, including a contemporary kitchen with white shaker cabinets, granite countertops, and stainless steel appliances, and stylish, updated bathrooms. However, the main house, built in 1959, features a very dated kitchen with light blue cabinets, older appliances (except for one newer dishwasher), and old tile flooring. One main house bathroom has a very outdated red jetted tub and glass block window, while another has a more recently updated vanity but still shows signs of age. While some areas of the main house have updated flooring and fresh paint, the key areas of the kitchen and at least one bathroom are significantly outdated and would require substantial renovation to meet current quality standards. The overall condition is therefore 'Fair' due to the older, outdated elements of the main house, despite the excellent condition of the new ADU.
Pros & Cons

Pros

Dual-Residence Property: Features a main house (4 beds, 3 baths) and a brand new, impressive ADU (2 beds, 2 baths, 1000 sq ft) with high ceilings and contemporary finishes, offering significant versatility and potential rental income.
Strong Investment Potential: The property is explicitly highlighted for its investment potential due to the dual-residence setup, allowing for multi-generational living, guest accommodation, or substantial rental income generation.
Desirable Location & Amenities: Situated on a desirable street in Woodland Hills, with convenient access to local coffee shops, banks, EV charging stations, top restaurants, and major shopping centers.
Community & School Access: Benefits from a strong sense of community, access to top-rated Woodland Hills schools, tree-lined streets, and a nearby walkable community park, enhancing lifestyle appeal.
Thoughtfully Designed Living Space: The main house boasts 2,311 sq ft of thoughtfully designed living space with an open-concept living room, while the ADU offers a spacious and airy ambiance.

Cons

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.
Age of Main Residence: The main house was built in 1959, which may imply older systems (e.g., plumbing, electrical, HVAC) that could require maintenance or upgrades in the near future, despite being described as 'thoughtfully designed'.
Limited Specifics on Main House Updates: While the ADU is brand new, the description lacks detailed information on recent major renovations or system updates for the 1959 main house, potentially leading to unknown future expenses for a buyer.
Absence of Noted Outdoor Amenities: Despite a decent lot size of 8,832 sq ft, the description does not highlight any specific outdoor features such as a pool, dedicated entertaining areas, or extensive landscaping, which can be a key selling point in the Southern California market.
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