23142 Dolorosa, Woodland Hills, California 91367, Woodland Hills, 91367 - 6 bed, 4 bath
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23142 Dolorosa
Woodland Hills, California 91367
ACTIVE
CONDITION: POOR
6Beds
4Baths
3,265Sq Ft
17,998Lot Size
Property Price
LIST PRICE$2,000,000
EST. MARKET VALUE
$2,009,108
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $2,000,000—positioned well below the $2,009,108 Fair Market Value by 0.45%. This asset offers $9,108 in Instant Equity. Featuring a Condition Rating of 5, the property requires significant rehabilitation but offers massive upside through its 17,998 sqft lot and Development Potential for additional ADUs. With a history of $9,000 monthly rental income, this is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking a high-value compound.
Estimated Market Value
$2,009,108
Based on Realkey algorithm analyzing recent comparable sales in Woodland Hills.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23142 Dolorosa Subject | $2,000,000* List Price | 6 | 4 | 3,265 | $615 | - |
A 23357 Hatteras Street Sold | $1,681,125 | 4 | 3 | 2,260 | $744 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
While photos show some recent cosmetic updates like laminate flooring and recessed lighting, the property is explicitly listed as a 'fixer' needing rehab. Built in 1965, the description notes a 'mess' left by previous tenants and suggests a full flip is required, indicating that major systems and structural elements likely need significant attention.
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 = 17998, living area = 3265.
- Development Potential
Situated on a half-acre lot in Walnut Acres, the property features two existing houses with ample space to add additional units or ADUs, creating a high-value multi-home compound.
- Prime Location
Located in the prestigious Walnut Acres neighborhood of Woodland Hills, the property offers significant long-term appreciation and high desirability for both flippers and buy-and-hold investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3265, other record living area = 2200. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
- Significant Renovation Required
The property is explicitly listed as a fixer-upper in poor condition following a long-term tenancy, necessitating a substantial immediate investment for cleanup and comprehensive repairs.
- High Initial Capital Outlay
The $2 million entry price for a property requiring extensive rehab presents a high barrier to entry and may tighten profit margins for developers depending on the scale of the renovation.
About 23142 Dolorosa
FIXERS. Two houses on 1/2 acre in Walnut Acres. 7-year tenant moved out and left quite a mess. Buy today at this super low price and fix them up for flip for profit or great long term rentals. Hurry before owner starts the rehab process and prices go up. These two houses were previously rented for $9000. There is room for an additional house or two ADU's to make this a four-home rental or family compound. Tons of off-street parking for boat or RV.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 17,998 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 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 |
|---|---|---|
| Beds | 6.0 | 3.8 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,265 | 2,235.675 |
| Lot Size | 17,998 | 10,981.318 |
| Price | $2.00M | $1.39M |
| Price per sq ft | $613 | $640 |
| Built year | 1965 | 1960 |
| HOA | $0 | $434 |
| Days on market | 40 | 60 |
Pricing History
Listed for Sale
Jul 31, 2026
$2,000,000
Initial Listing
Sold
Jan 3, 2019
$1,026,500
Public Record
Sold
Feb 19, 1998
$342,500
Public Record