4234 Alhama Drive, Woodland Hills, California 91364, Woodland Hills, 91364 - 6 bed, 4 bath
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Woodland Hills, California 91364
This Turnkey Luxury Retreat is a High-Potential Investment Opportunity, listed at $1,995,000—positioned slightly above the $1,934,029 Fair Market Value. While priced at market, the property offers significant upside through its 800 sq. ft. bonus space and Slope Band Analysis for ADU development. Featuring a Mint Condition Rating with high-end finishes and a 325-amp electrical system, this residence is a proven income-generating asset. With proximity to top-rated schools like Chaparral Elementary, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking luxury and long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4234 Alhama Drive Subject | $1,995,000* List Price | 6 | 4 | 3,674 | $547 | - |
A 4249 Torreon Drive Sold | $1,550,000 | 4 | 3 | 2,775 | $559 | 0.3 mi |
B 21438 Mulholland Sold | $1,580,000 | 5 | 3 | 2,684 | $589 | 0.4 mi |
C 21727 Ulmus Drive Sold | $1,700,000 | 4 | 3 | 2,708 | $628 | 0.5 mi |
D 4401 Cezanne Avenue Sold | $1,820,000 | 4 | 3 | 2,594 | $702 | 0.6 mi |
E 21737 Woodland Crest Drive Sold | $1,625,000 | 4 | 3 | 2,350 | $691 | 0.6 mi |
F 4731 Topanga Canyon Boulevard Active | $1,595,000 List Price | 5 | 3 | 2,367 | $674 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete luxury renovation within the last 5 years, featuring a modern designer kitchen and high-end bathrooms. Systems are updated with a 325-amp electrical service and EV charger, meeting the criteria for mint, turnkey condition.
The property is a proven income generator as a successful Airbnb and features a rare street-to-street lot with a completed Slope Band Analysis, streamlining the process for adding an ADU.
Beyond the listed 3,674 sq. ft., the home offers approximately 800 sq. ft. of lower-level bonus space with 8'+ ceilings, providing massive potential for a gym, studio, or guest suite.
Fully upgraded with luxury finishes, the home includes a robust 325-amp electrical service and an EV charger, catering perfectly to modern buyer demands and high-tech needs.
The 800 sq. ft. bonus space is not included in the official square footage, which may present challenges regarding appraisal value or future permitting for legal living space.
While the area is prestigious, several nearby public schools have lower ratings (3 out of 10), which could be a point of hesitation for families prioritizing top-tier education.
Set on a private hillside lot above Woodland Hills, this beautifully renovated contemporary residence offers sweeping valley views, a peaceful setting, and a thoughtfully designed floor plan with exceptional flexibility. Featuring six bedrooms and four bathrooms, this home provides the perfect balance of modern comfort, spacious living, and versatile spaces for today’s lifestyle. The open-concept interior features abundant natural light, stylish upgrades, and a seamless flow between living, dining, and entertaining areas. Large windows showcase the surrounding views, creating a relaxing atmosphere throughout the home while providing a front-row seat to spectacular sunsets. Designed for flexibility, the home offers multiple options for guests, remote work, hobbies, or multigenerational living. An additional approximately 800 square feet of lower-level flex space (not included in the reported square footage) features ceilings over 8 feet high and can be customized as an ADU, a home gym, office, media room, studio, guest area, or wellness space (buyer to verify). Additional highlights include upgraded 325-amp electrical service, EV charging capability, and designer furnishings available separately, offering a truly move-in-ready opportunity. Conveniently located near Warner Center, The Village at Topanga, shopping, dining, entertainment, hiking trails, and the future Rams Village development, this Woodland Hills residence offers a rare combination of panoramic views, modern upgrades, flexible living space, and long-term potential.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 3.4 mi
Grades K-5 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,674 | 2,184 |
| Lot Size | 7,704 | 11,703 |
| Price | $2.00M | $1.45M |
| Price per sq ft | $543 | $651 |
| Built year | 1978 | 1960 |
| HOA | $0 | $425 |
| Days on market | 34 | 58 |
Jun 18, 2026
$1,995,000
Initial Listing
Oct 5, 2020
$735,000
Public Record
Sep 28, 2004
$700,000
Public Record
Mar 4, 1998
$255,000
Public Record