4140 Picasso Avenue, Woodland Hills, California 91364, Woodland Hills, 91364 - 3 bed, 3 bath

4140 Picasso Avenue, Woodland Hills, California 91364 home-pic-0

4140 Picasso Avenue

Woodland Hills, California 91364

ACTIVE
CONDITION: POOR
3Beds
3Baths
2,087Sq Ft
8,342Lot Size

Property Price

LIST PRICE$1,199,000
EST. MARKET VALUE
$1,006,071
19% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,006,071
Based on Realkey algorithm analyzing recent comparable sales in Woodland Hills.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
4140 Picasso Avenue
Subject
$1,199,000*
List Price
332,087$482-
A
4140 Cachalote Street
Sold
$1,041,000332,401$4340.3 mi
B
22051 Mulholland Way
Sold
$1,095,000432,195$4990.6 mi
C
4616 Coyle
Sold
$1,315,000342,202$5970.9 mi
D
21694 Yucatan Avenue
Sold
$1,275,000432,887$4420.7 mi
E
22137 Ybarra
Sold
$985,000321,360$7240.8 mi
F
4938 Medina Road
Active
$1,200,000
List Price
331,811$6630.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

This 1972 property is a classic 'fixer-upper' sold as-is, showing significant signs of age with no major renovations in over 40 years. The kitchen and bathrooms are functionally obsolete, featuring original cabinetry, dated tile countertops, and aged appliances. Interior finishes include popcorn ceilings, worn carpeting, and outdated fluorescent lighting. The listing's own analysis suggests that major systems like electrical, plumbing, and HVAC likely require replacement, placing it in the category of homes needing substantial rehabilitation.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Location

    Situated 'South of the Boulevard' on a quiet cul-de-sac in one of Woodland Hills' most prestigious neighborhoods, offering both privacy and high resale value.

  • Top-Tier School District

    The property provides access to highly-rated schools, including Chaparral Elementary and Calabasas High School, which is a major draw for families.

  • Expansive Corner Lot

    The sweeping 8,342 square foot corner lot offers significant curb appeal and ample space for a pool, ADU, or extensive landscaping.

CONSRISKS & DEFICIENCIES

  • As-Is Condition

    The property is sold as-is with no repairs or credits, meaning the buyer must be prepared to cover all costs for necessary structural or cosmetic improvements.

  • Dated Infrastructure

    Built in 1972 and held for four decades, the home likely requires significant updates to major systems such as electrical, plumbing, and HVAC to meet modern standards.

  • Trust Sale Limitations

    Trust sales often come with limited seller disclosures regarding the property's history, requiring a more rigorous and cautious inspection process for the buyer.

About 4140 Picasso Avenue

TRUST SALE - sold as-is with no repairs or credits. First time on the market in over 40 years. Located south of the Boulevard on a quiet cul-de-sac in one of Woodland Hills' most desirable neighborhoods. Sweeping corner lot with excellent potential. 3 bedrooms and 3 baths, including a master bedroom with en-suite bath and hall bath with dual sinks. Laminate wood-style flooring in entry, living room, dining area, and hallway. Sliding glass doors open to spacious backyard. This home is just minutes from Westfield Topanga, The Village, shopping, dining, and award winning​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ schools.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1972
Lot Size
8,342 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Woodland Hills Unified Schools

Chaparral Elementary School

Grades K-5 • 1.1 mi

8/10

Bay Laurel Elementary School

Grades K-5 • 3.0 mi

6/10

Hart Street Elementary School

Grades K-5 • 3.6 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
45%
Baths3.03.0
50%
Square foot2,0872,288
40%
Lot Size8,3429,944
40%
Price$1.20M$1.35M
38%
Price per sq ft$575$624
40%
Built year19721962
77%
HOA$0$0
50%
Days on market28183
3%

Pricing History

Listed for Sale

Feb 6, 2026

$1,199,000

Initial Listing

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