23416 Califa Street, Woodland Hills, California 91367, Woodland Hills, 91367 - 6 bed, 7 bath
ACTIVE$4,899,000
23416 Califa Street, Woodland Hills, California 91367
6Beds
7Baths
6,418Sqft
18,338Lot
Price Vs. Estimate
The estimated value ($4,899,000) is $0 (0%) lower than the list price ($4,899,000). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive Resort-Style Amenities: The property offers a wealth of luxury amenities including a detached gym, sauna, sports court, pickleball court, and a covered outdoor barbecue area, ideal for recreation and entertaining.
Top Cons:
History of Price Reductions: The property has undergone multiple price reductions from its original list price, which may suggest initial overvaluation or market resistance at higher price points.
Compared to the nearby listings
Price:$4.90M vs avg $1.37M (+$3,529,000)99%
Size:6,418 sqft vs avg 2,150 sqft98%
Price/sqft:$763 vs avg $63474%
More Insights
Built in 1955 (70 years old).
Condition: Despite the original 1955 build year, the listing explicitly states this is a 'recently constructed luxury property' with 'contemporary design, high-end finishes, and updated systems throughout.' The images confirm a comprehensive, high-end renovation or rebuild, showcasing a brand-new, modern kitchen with integrated appliances and sleek cabinetry, and an overall pristine condition throughout the main residence and guest house. All visible components, including flooring, light fixtures, and extensive outdoor amenities, appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1955
Close
-
List price
$4.9M
Original List price
$5.15M
Price/Sqft
$763
HOA
-
Days on market
-
Sold On
-
MLS number
SR25241704
Home ConditionExcellent
Features
Good View: Neighborhood, Trees/Woods
Deck
Pool
Spa
Patio
ViewNeighborhood, Trees/Woods
About this home
This distinguished gated estate is situated in Woodland Hills, Walnut Acres, on a tranquil street. The recently constructed luxury property encompasses 6,418 square feet of living space on an 18,338-square-foot lot, ideal for entertaining. The main residence features 5,369 square feet, including five bedrooms with en-suite bathrooms, a guest bathroom, an office, a theater room, and laundry facilities on both levels. The property also offers stunning balcony views from the primary suite and family room. Additionally, it includes an 830-square-foot guest house with a spacious bedroom, en-suite bathroom, full kitchen, and laundry facilities. The expansive backyard is designed for gatherings and features a 219-square-foot detached gym, sauna, sports court, pickleball court, and a covered outdoor barbecue area, perfect for hosting events.
Condition Rating
Excellent
Despite the original 1955 build year, the listing explicitly states this is a 'recently constructed luxury property' with 'contemporary design, high-end finishes, and updated systems throughout.' The images confirm a comprehensive, high-end renovation or rebuild, showcasing a brand-new, modern kitchen with integrated appliances and sleek cabinetry, and an overall pristine condition throughout the main residence and guest house. All visible components, including flooring, light fixtures, and extensive outdoor amenities, appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Extensive Resort-Style Amenities: The property offers a wealth of luxury amenities including a detached gym, sauna, sports court, pickleball court, and a covered outdoor barbecue area, ideal for recreation and entertaining.
Generous & Versatile Living Space: Boasting 6,418 sqft of living space, including a main residence with 5 en-suite bedrooms, an office, a theater room, and a fully equipped 830 sqft guest house, providing ample room and flexibility.
Prime Gated Estate Location: Situated as a distinguished gated estate in the desirable Walnut Acres area of Woodland Hills on a tranquil street, offering privacy, security, and exclusivity.
Modern Luxury Construction: Described as a 'recently constructed luxury property,' indicating contemporary design, high-end finishes, and updated systems throughout.
Expansive Entertainment-Ready Grounds: An 18,338 sqft lot meticulously designed for gatherings and events, complementing the extensive indoor and outdoor amenities.
Cons
History of Price Reductions: The property has undergone multiple price reductions from its original list price, which may suggest initial overvaluation or market resistance at higher price points.
Ambiguity of Construction Age: The 1955 build year, despite being described as 'recently constructed,' could raise questions about the extent of renovation versus new construction, potentially leading to buyer concerns about underlying infrastructure.
Limited View Appeal: While offering 'Neighborhood, Trees/Woods' views, the property does not feature the more coveted panoramic city or ocean views often sought after in this luxury price segment, potentially narrowing the buyer pool.