
Woodland Hills, California 91364
Analysis of 4260 N Canoga Avenue, Woodland Hills, California 91364 is currently available with a list price of $339,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Woodland Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is currently a vacant lot with no existing structure, kitchen, or bathrooms to evaluate. Per the provided criteria, it is classified as a tear-down because it is unlivable in its current state and the value is based solely on the land and the included architectural plans and permits.
With permits already pulled, fees paid, and all architectural and structural plans included, this property offers a rare 'ready-to-build' opportunity that saves the buyer significant time and bureaucratic effort.
The uphill site is uniquely positioned to require no costly caisson work, a major financial advantage for hillside development that significantly lowers the initial foundation and structural expenses.
The project has already secured approvals from the Mulholland Corridor Design Review Board, ensuring the proposed 1,957 sq. ft. modern residence meets strict local aesthetic and environmental standards.
The current approved plans are for a 2-bedroom home, which may limit the property's appeal to larger families and potentially impact future resale value compared to standard 3 or 4-bedroom homes in the area.
As a vacant lot, the purchase requires substantial additional capital and management of the construction process, which carries inherent risks and delays not found in move-in-ready residential acquisitions.
Vacant Lot with **Permits Pulled and Fees Paid** – 4260 Canoga Avenue (Lot No. 5255, Cut 1 & 2) Excellent opportunity to build a beautifully designed single-family residence in a highly desirable Woodland Hills neighborhood. The property includes a full set of well-designed, approved plans for a stylish home with approximately 1,957 sq. ft. of building area (1,691 sq. ft. RFA), including an attached garage. The lot is approximately 5,027 sq. ft. (per the tax assessor) and is situated on an uphill site — no costly caisson work required. All approvals have been secured through the **Mulholland Corridor Design Review Board**, and the **architectural, structural, grading, and landscape plans are included**. Construction can begin immediately. This is a great opportunity to develop in a prime location surrounded by quality homes. The proposed design blends modern style with the natural hillside setting, creating a perfect balance of comfort and elegance. **Note:** Buyer to verify all information independently. Also see the listings for 4254 and 4256 Canoga Avenue for nearby opportunities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 11% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,691 | 2,210 | 25% |
| Lot Size | 5,027.92 | 9,631 | 5% |
| Price | $339.0K | $1.30M | 1% |
| Price per sq ft | $200 | $621 | 1% |
| Built year | 2026 | 1962 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 180 | 4% |
Mar 7, 2026
$339,000
Initial Listing