
Woodland Hills, California 91364
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $1,550,000—positioned well above the $1,395,624 Fair Market Value by -11%. While the property requires modernization, its Condition Rating of 4 and Scenic Canyon Views provide a solid foundation for value-add renovations. Located near Top-Rated Schools like Chaparral Elementary and Calabasas High, the home offers significant long-term appeal. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a spacious, well-located hillside asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4848 Alatar Drive Subject | $1,550,000* List Price | 4 | 3 | 2,595 | $538 | - |
A 21438 Mulholland Sold | $1,580,000 | 5 | 3 | 2,684 | $589 | 0.5 mi |
B 21694 Yucatan Avenue Sold | $1,275,000 | 4 | 3 | 2,887 | $442 | 0.2 mi |
C 22051 Mulholland Way Sold | $1,095,000 | 4 | 3 | 2,195 | $499 | 0.4 mi |
D 4905 Alhama Sold | $1,342,000 | 3 | 2 | 2,076 | $646 | 0.5 mi |
E 5063 Serrania Avenue Sold | $1,155,025 | 4 | 3 | 2,328 | $496 | 0.9 mi |
F 4922 Escobedo Drive Sold | $1,240,000 | 5 | 3 | 2,279 | $544 | 0.7 mi |
G 4616 Coyle Sold | $1,315,000 | 3 | 4 | 2,202 | $597 | 0.6 mi |
H 21651 Yucatan Avenue Active | $1,260,000 List Price | 3 | 3 | 2,717 | $464 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this 47-year-old property appears well-maintained but retains original architectural features. Based on the age and lack of recent renovation data, the kitchen, bathrooms, and core systems (HVAC/Electric) are likely dated (>20 years) and will require cosmetic updates and minor repairs to meet modern standards.
The property boasts impressive canyon and hill views, providing a serene and picturesque backdrop that significantly enhances the home's aesthetic appeal and market value.
Located within a desirable school boundary, the home offers access to highly-rated institutions such as Chaparral Elementary and Calabasas High School, both sporting an 8/10 rating.
With nearly 2,600 square feet of living space and a functional 4-bedroom, 3-bathroom configuration, the residence provides ample room for growing families or multi-functional home offices.
Built in 1977, the property may require capital improvements or modernization of major systems and finishes to align with contemporary luxury standards.
Given the hillside location and canyon views, a significant portion of the 8,849 square foot lot may be sloped, potentially limiting the amount of flat, usable outdoor space for recreation.
Exceptional opportunity in Woodland Hills. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 3.1 mi
Grades K-5 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,595 | 2,184 |
| Lot Size | 8,849 | 11,703 |
| Price | $1.55M | $1.45M |
| Price per sq ft | $597 | $651 |
| Built year | 1977 | 1960 |
| HOA | $0 | $425 |
| Days on market | 36 | 58 |
Jun 16, 2026
$1,550,000
Initial Listing
Sep 19, 2022
$1,295,000
Public Record