
Woodland Hills, California 91367
This Versatile Single-Family Residence represents a Strong Value Opportunity, listed at $1,199,950—positioned slightly above the $1,120,991 Fair Market Value. While priced at market, the property’s Condition Rating of 3 ensures a move-in ready experience, while the 9,753 sqft corner lot provides significant long-term upside. Featuring a private swimming pool and ADU conversion potential, this asset balances immediate lifestyle comfort with substantial development flexibility. Located in the prestigious Walnut Acres neighborhood, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential Woodland Hills footprint.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23154 Mariano Subject | $1,199,950* List Price | 3 | 2 | 1,375 | $815 | - |
A 22529 Clarendon Sold | $1,079,000 | 3 | 2 | 1,290 | $836 | 0.8 mi |
B 22647 Clarendon St Sold | $1,085,000 | 3 | 2 | 1,346 | $806 | 0.6 mi |
C 22616 Dolorosa Street Sold | $1,000,000 | 3 | 2 | 1,330 | $752 | 0.7 mi |
D 22636 Berdon Sold | $925,000 | 3 | 2 | 1,368 | $676 | 0.7 mi |
E 22727 Collins Street Active | $899,000 List Price | 3 | 2 | 1,422 | $632 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1955, the home is well-maintained and move-in ready. It features updated flooring, a modern marble-look electric fireplace, and a functional kitchen with Corian countertops. The exterior, pool area, and systems appear to have been maintained or partially updated within the 5-15 year range, making it functional without immediate need for major rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9753, living area = 1375.
Situated in the prestigious Walnut Acres neighborhood, the property offers proximity to top-rated schools and luxury shopping at Westfield Topanga and The Commons at Calabasas.
The expansive 9,753 sqft flat corner lot provides significant upside, including potential for ADU conversion or redevelopment into two modern homes.
Built in 1955, the home retains many original features and may require modern cosmetic or structural updates to meet current luxury standards.
With only 1,375 square feet of living space, the interior footprint is relatively small for the price point, potentially necessitating an expansion or addition.
Location, Location, Location! Situated in the highly sought-after Walnut Acres neighborhood, this charming and beautifully maintained single-story home offers an exceptional opportunity in one of Woodland Hills' most desirable residential communities. Featuring 3 bedrooms, 2 bathrooms, and approximately 1,400 square feet of living space, this original residence sits on an expansive, flat corner lot of nearly 10,000 square feet, providing endless possibilities for homeowners, investors, and developers alike. The home welcomes you with a bright and inviting living room and dining area highlighted by an elegant marble-look electric fireplace. A spacious bonus room with soaring ceilings offers the perfect space for a home office, studio, playroom, or additional living area. The well-appointed kitchen features Corian countertops and tile flooring, while a large laundry room adds everyday convenience. Outside, you'll find beautifully landscaped grounds, a circular driveway, custom-built high-quality electric gates, an attached two-car garage, and a private backyard retreat complete with a sparkling swimming pool. This property presents multiple exciting opportunities: 1. Move right in and enjoy the home's charm, comfort, and generous outdoor space. 2. Convert the attached garage into a 2-bedroom, 2-bath ADU, ideal for extended family, guests, or rental income. 3. Redevelop the site and take advantage of the oversized corner lot by building two stunning modern homes—live in one and sell the other, or create a premier investment project. Ideally located in prestigious Woodland Hills, the property is close to top-rated schools, premier shopping and dining destinations, including Westfield Topanga and The Commons at Calabasas, with convenient access to major freeways for an easy commute. A rare opportunity to own a versatile property with exceptional potential in one of the most coveted neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,375 | 2,260 | 10% |
| Lot Size | 9,753 | 11,262 | 35% |
| Price | $1.20M | $1.45M | 35% |
| Price per sq ft | $873 | $662 | 93% |
| Built year | 1955 | 1960 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 147 | 3% |
May 30, 2026
$1,199,950
Initial Listing
Apr 10, 2012
$475,000
Public Record